Day: August 3, 2022

Blockchain.com, a cryptocurrency exchange headquartered in London, announced that it had received full regulatory approval from the Cayman Islands Monetary Authority (CIMA) to operate its exchange and clearing house in the Cayman Islands. Following the approval, the Bahamas-based company said it would begin offering regulated crypto derivatives products and trading services to institutional investors in … Read more

Mainstream tokens, including bitcoin and ether, remain locked, but all Solana (SOL) tokens will be credited to investors’ trading wallets, Zipmex’s official statement wrote on Tuesday. The company set up plans to allow users to withdraw Ripple’s XRP from Zipmex’s Z wallet on August 4 and Cardano’s ADA on August 9. On July 21 of … Read more

U.S.-based crypto miner Digihost Technology Inc. plans to move drilling rigs from New York to Alabama, expanding energy capacity to 55 MW in the second quarter of 2023. Bitcoin miners are on track to have energy capacity at their Alabama facility in Q4 2022 after the company completes construction of its 55 megawatts (MW) facility … Read more

Italian fashion brand Gucci has announced that it has started accepting ApeCoin (APE) as one of the payment options. According to the company, the addition of ApeCoin was made possible with the aid of its crypto payments partner, BitPay. The service is only available to select stores in the United States now. ApeCoin is the … Read more

The digital currency arm of a commission-free brokerage firm, Robinhood Crypto, has been slammed with a fine of $30 million by the New York Department of Financial Services (NYDFS). The sanctions came as the regulator discovered that Robinhood Crypto violated a number of extant regulations, including the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) violations, … Read more

Leading Solana NFT marketplace Magic Eden, accounting for over 90% of secondary NFT trades on the blockchain network, announced on Tuesday that it is expanding to the Ethereum blockchain. The expansion would enable Magic Eden to integrate Ethereum NFTs into its platform. The company said that such integration would enable it to provide the same “go-to-market” benefits … Read more

Marking its entry into the Mexican market, the US-based blockchain-enabled B2B payments company Paystand has acquired Mexican accounts payable startup Yaydoo, for an undisclosed sum, according to a report by Axios media on Tuesday. The acquisition is important as it signals Paystand’s rising interest in fintech startups to expand overseas. Paystand majorly operates its business … Read more