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Crypto Turmoil: How The US Banking Collapse Dented Institutional Trading

March witnessed a series of bank failures that have had ramifications for institutional crypto trading, putting a damper on what was once considered a bustling market space. According to the latest insights from the blockchain intelligence platform Chainalysis, concerning North America, the fallout from these bank closures has been far-reaching, impacting the pace and volume […] дальше »

2023-10-24 22:30


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Bank of America Unrealized Losses Top Record $131B; High Interest Rates a Saving Grace?

Bank of America has reported $131.6 billion in unrealized losses on securities in Q3, but analysts say it is unlikely to sell the securities at a loss due to strong liquidity and higher capital. The post Bank of America Unrealized Losses Top Record $131B; High Interest Rates a Saving Grace? appeared first on BeInCrypto. дальше »

2023-10-18 09:52


Binance Ditches Third-Party Banks As It Unveils Its Own Crypto-To-Cash Off-Ramp Service

Amid regulatory scrutiny and potential legal repercussions, Binance moves forward with its developmental processes by launching a new crypto-to-cash bank service in Latin America.  Binance Launches “Send Cash” In Latin America Binance, the world’s leading crypto exchange has shocked the industry after announcing the launch of a new crypto-to-bank payment platform, Send Cash in nine […] дальше »

2023-8-30 18:00


Binance launches new crypto on-ramp ‘Send Cash’ in Latin America amid crypto card service suspension

Binance is launching a new solution in Latin America called Send Cash, designed to facilitate more efficient crypto to local bank transfers. This advancement comes on the heels of Binance’s decision to discontinue its crypto card services in the same region, a move that reportedly affected less than 1% of its users. дальше »

2023-8-30 10:20


Tether Energy Readies To Mine Bitcoin – A Vote Of Confidence For BTC?

Three months after announcing their plans to engage in Bitcoin mining in Latin America, Tether, the issuer of the world’s largest stablecoin USDT, is readying to deploy their first rigs. According to chief technology officer Paulo Ardoino, Tether Energy is operationalizing their miners at a disclosed location in Latin America.  Tether Energy All Set To Mine […] дальше »

2023-8-27 22:00


Binance Set To Terminate Debit Card Service In These Two Regions

Prominent cryptocurrency exchange Binance has announced plans to halt its crypto debit card services in Latin America and the Middle East from September 21, 2023.  This development was revealed on August 24 in response to the exchange’s customer support to a client who enquired about issues regarding using the Binance card in the Republic of […] дальше »

2023-8-25 03:00