Author: Crypto Insider

Coinbase’s country director for Singapore, Hassan Ahmed, recently announced plans to bring Coinbase’s new “cbBTC” — a wrapped Bitcoin asset — to the Solana network at the Breakpoint 2024 event. No date was specified for the launch of the Bitcoin token during the announcement. Ahmed told the audience: “We recently launched cbBTC on base, but…

BingX — a popular cryptocurrency exchange — has announced that withdrawal services on the platform will resume on Sept. 21, 2024, for certain digital assets. According to the exchange’s announcement, withdrawals for Tether’s US dollar stablecoin, Circle’s US dollar stablecoin, Bitcoin, Ethereum, Tron, and Solana will resume first followed by withdrawal services for other tokens and…

Tether’s lack of third-party audits is raising investor concerns about a potential FTX-like liquidity crisis from the $118 billion stablecoin giant. Investor concerns are mounting around Tether, the issuer of the world’s largest stablecoin USD₮. Cyber Capital founder Justin Bons, who shared his concerns about Tether being a potentially bigger scam than FTX, catalyzed the…

Singapore-based cryptocurrency exchange Crypto.com continues to grow its presence in the MENA region with the receipt of a full payment service provider license from the Central Bank of Bahrain (CBB). The license will permit the cryptocurrency exchange’s local subsidiary to offer e-money and fiat services, including the issuance of prepaid cards, throughout the Gulf Cooperation…

The Hashgraph Association (THA), a nonprofit organization building ecosystems using Hedera Hashgraph’s decentralized ledger technology, announced that it would work with stakeholders in Qatar to explore five digital asset use cases in the next 12 months. The organization said on its official LinkedIn platform that it would look into the tokenization of equities, real estate and sukuk, an…

The venture arm of the major blockchain security platform CertiK is working to promote Web3 adoption with a new multimillion-dollar investment targeting new industry projects. CertiK Ventures launched a $45-million investment plan on Sept. 19 to drive the development of high-potential Web3 projects, according to an announcement shared with Cointelegraph. The plan aims to accelerate…