LocalBitcoins, a cryptocurrency exchange based in Helsinki, Finland, announced its final closure effective February 17. The company, which was founded in 2012, has been one of the main platforms for buying and selling Bitcoin locally.
The announcement has been received with surprise by the…
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Elon Musk would fire a large part of the staff of Twitter
Tesla and SpaceX CEO Elon Musk has told Twitter investors that he plans to cut nearly 75 % of the social network's staff if he ultimately takes control of it, multiple media outlets reported.
Specifically, the tycoon expects to lay off…
US financial regulatory agency investigates crypto fraud
The US financial regulatory Commodity Futures Trading Commission (CFTC) has requested an investigation into a South African speculative platform and is demanding that it restore $1.7 billion deposited in crypto by its clients.
The Mirror…
Towerbank launched its Crypto Friendly account in Panama
Towerbank, one of the main financial institutions in Panama, is carrying out a study of the cryptographic market in order to innovate products for its clients and declared itself "bitcoin bank Panama friendly with Bitcoin". In this…
Inflation could increase investments in cryptocurrencies
The president of the European Securities and Markets Authority, Verana Ross, expressed that the current economic environment together with financial fluctuation and high levels of inflation could facilitate and attract investors to the…
Investors sue Coinbase for trading GYEN
Cryptocurrency exchange Coinbase Global Inc. was sued for its role in promoting and marketing a stablecoin called GYEN, which allegedly had its value pegged to the Japanese yen and caused investors to lose millions of dollars.
The lawsuit…
Crypto market loses 200 billion dollars in one day
The crypto market is again affected by panic and the first cryptocurrencies lost more than 200,000 million dollars in a single day, in addition to the falls in the main Wall Street indices, where sales have been imposed in recent days.…
Blockchain-powered games grew 2,000 % annually
The company DappRadar, a specialist in DApps (decentralized applications) market data, reported that blockchain-powered games grew by 2,000 % in one year.
According to DappRadar, this result was obtained by the number of unique active…
Panama debates regulating cryptocurrencies as a payment method
The Trade Commission for Economic Affairs of the Parliament of Panama resumed the debate of the two bills that aim to regulate cryptocurrencies in the country. The proposals were presented by deputy Cenobia Vargas, last August, and…
CAF releases $ 650 million dollars to recover Latin America
The Development Bank of Latin America (CAF) has issued a five-year term bond for an amount of $ 650 million and a coupon of 2.25 %. The resources obtained by the organization will be used to support the economic and social reactivation of…
2022 promises regulatory clarity for the crypto market
Rosa Ríos, a former US treasurer, thinks that the year 2022 will provide greater regulatory clarity for the crypto market. This was recently pointed out by Ríos to CNBC's 'Make It'.
The former member, who is currently part of the board of…
Generation Z bets on cryptocurrencies
Generation Z bets on cryptocurrencies. A study conducted by Engine Insights revealed that almost 60 % of investors belonging to Generation Z in the United States are convinced that cryptocurrencies will make them millionaires.
People who…