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Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading

Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading

During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.

FinTech Giants PayPal, Intuit and Square Capital Approved to Digitally Distribute US Govt COVID-19 Small Business Stimulus

FinTech Giants PayPal, Intuit and Square Capital Approved to Digitally Distribute US Govt COVID-19 Small Business Stimulus

PayPal, Square and Intuit have received the government’s approval to take part in the US Small Business Administration’s (SBA) Paycheck Protection Program which was established in response to the COVID-19 pandemic triggered global financial crisis.

French Police Arrest 29 People for Financing Syrian Islamist Terrorists Using Bitcoin Coupons

French Police Arrest 29 People for Financing Syrian Islamist Terrorists Using Bitcoin Coupons

French police have apprehended 29 individuals suspected of funding Islamist extremists in Syria using cryptocurrencies.

Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians

Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians

Galaxy Digital Capital Management LP, an affiliate of Galaxy Digital Holdings Ltd, issued two Bitcoin funds with Bakkt and Fidelity Digital Assets as custodians for the funds, while Bloomberg L.P will be the pricing agent.

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

Abra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.

BitMEX Founder Ben Delo Surrenders and Will Face Trial on Charges of Failing to Implement AML Programs

BitMEX Founder Ben Delo Surrenders and Will Face Trial on Charges of Failing to Implement AML Programs

Ben Delo has surrendered himself to US authorities to clear his name in court and defend against the charges.

United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants

United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants

The Commodity Futures Trading Commission (CFTC) has released an advisory to futures commission merchants clarifying how to hold digital currencies in segregated accounts.

Paxful Research Reveals How Nigerians Are Fighting Devaluation of Native Currency Naira with Bitcoin

Paxful Research Reveals How Nigerians Are Fighting Devaluation of Native Currency Naira with Bitcoin

The current pandemic has led to a devaluation of Nigeria’s native currency Naira and affected how cryptocurrency trades are conducted in the country.

How Dapps Will Become Superior Over Apps

How Dapps Will Become Superior Over Apps

Blockchain has made the creation of DApps (Decentralized Applications) a reality. The benefits rendered by DApps considerably out-weigh those presented by Apps (Applications).

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