7 Crypto News
Nigerian crypto exchange Roqqu receives European virtual currency license and more...
Hello Bitcoinaire,
Here are our 7 Best Crypto News for today;
Huobi and Solaris crypto-to-fiat debit card launches in the EU
The crypto-to-fiat debit card was designed to allow Huobi users to spend digital assets at points-of-sale all over the world. The product was created in partnership with Visa and will be available to both new and existing users residing in the European Economic Area (EEA) starting in the second half of 2023.
Hodlnaut creditors reject the restructuring plan, prefer liquidation
Key creditors of embattled crypto lender Hodlnaut Pte rejected a proposed restructuring plan and prefer to liquidate the company. They said their interests are best served by winding the firm up.
Nigerian crypto exchange Roqqu receives European virtual currency license
Nigerian crypto exchange Roqqu was granted a virtual currency license for the European Economic Area after two years of waiting for permission from regulatory authorities. The move allows the firm to operate in 30 countries and broaden its services within one of the world’s largest crypto markets.
Staked ETH Passes 16M
The $22.38 billion worth of staked ETH will be impossible to withdraw until Ethereum’s next big upgrade. Almost four months after Ethereum’s successful shift to a proof-of-stake network, the second-biggest blockchain by market cap has passed another major milestone. More than 16 million ether (ETH) have been deposited into Ethereum’s Beacon Chain staking contract, data from Etherscan shows.
Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally
The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future of crypto,” Coinbase CEO Brian Armstrong insisted.
SEC sues Gemini and Genesis over crypto asset-lending programme
The US Securities and Exchange Commission has sued digital asset-trading group Genesis and Gemini, the crypto exchange founded by the Winklevoss twins, saying a crypto asset-lending programme was not properly registered as a securities offering.
FTX: Collapsed crypto giant recovers over $5bn of assets
Collapsed cryptocurrency exchange FTX has located more than $5bn (£4.1bn) of assets, an attorney for the firm says.
However, a US bankruptcy court was told on Wednesday that the extent of losses to customers is still not known.
Prosecutors have accused FTX's former chief executive Sam Bankman-Fried of orchestrating an "epic" fraud that may have cost investors, customers and lenders billions of dollars.
Best Regards!
~ Saviour Erim