Binance-backed exchange WazirX is cracked down on by Indian authorities
    07 Aug 2022
    367 Views

    India’s Enforcement Directorate has frozen WazirX’s bank balances with around $8 million worth. WazirX faced scrutiny for its alleged money laundering. Meanwhile, Binance’s CEO said the company never completed the acquisition of WazirX, which it had announced in November 2019. India’s Enforcement Directorate (ED), a law enforcement agency that investigates financial crimes, has frozen bank…

    Nigeria and the UAE are the world’s most crypto-curious countries – CoinGecko study
    07 Aug 2022
    386 Views

    Nigeria and the UAE remain the most cryptocurrency-obsessed markets, CoinGecko’s new study said based on Google Trends search data. Analysts suggest that top-list countries seem more interested in buying the dip, reflecting their long-term outlook for cryptocurrencies. CoinGecko, the leading cryptocurrency tracker, has compiled a ranking of countries by interest concerning digital currencies via Google…

    CME Group to release Euro-denominated Bitcoin and Ether futures
    07 Aug 2022
    424 Views

    Leading derivatives marketplace CME Group is set to offer its first euro-denominated Bitcoin and Ether futures on August 29 after its crypto derivatives posted record open interest volumes in Q2 2022. CME Group executive revealed that Europe, the Middle East and Africa region accounts for 28% of total BTC and ETH futures contracts traded. As…

    Instagram rolls out NFT support to 100 countries, while FLOW token soars at 44%
    06 Aug 2022
    509 Views

    Social media giant Meta has started to roll out NFT support on Instagram across 100 countries after integrating with Coinbase Wallet and Dapper, as well as it will also add support for NFT-focused blockchain Flow. The price of the FLOW token has surged nearly 44% over the day following Meta’s announcement. Mark Zuckerberg, the CEO…

    Coinbase stock soars 18% after the deal to provide BlackRock clients access to crypto

    Coinbase’s stock soared over 18% following the crypto exchange signing a deal with BlackRock, the world’s biggest asset manager cumulatively manages about $20 trillion. Meantime, Meta announced that it integrated Coinbase’s crypto wallet into the Instagram platform. According to an announcement published Thursday, the US-based exchange had partnered with BlackRock to provide its clients with…

    Nomad hacked for $190 million, amid cross-chain bridges lost $2 billion in 2022
    04 Aug 2022
    350 Views

    US crypto firm Nomad has suffered a $190 million hack, blockchain analytics reported on August 3. Experts estimate the funds have been stolen from cross-chain bridges to $2 billion so far in 2022. Nomad said on an official Twitter account that it was “aware of the incident” and was currently investigating without giving further details….