Binance Faucets Mastercard to Introduce Crypto Pay as you go Card in Brazil (Report)

The world’s largest cryptocurrency exchange – Binance – joined forces with the multinational financial services giant – Mastercard – to launch a prepaid card in Brazil.  The partners previously rolled out such a feature in Argentina. As reported by Reuters today (January 30), the Binance card is still in beta testing and should be available to…
View Post

Why Binance Opened 90% Of Accounts Closed For Investigation

Following the collapse of the crypto exchange FTX, most global regulators intensified their watch on crypto-related activities and platforms like Binance. As a result, some have opened investigations on most of the crypto industry’s prominent crypto exchanges and trading platforms.  Crypto exchange Bitzlato has been under investigation by the United States Department of Justice (DoJ).…
View Post

UK regulator investigates charity linked to FTX

The commission in charge of regulating registered charities in England and Wales has announced it has begun investigating Effective Ventures Foundation, an organization tied to bankrupt crypto exchange FTX.In a Jan. 30 announcement, the Charity Commission said it had launched the inquiry due to FTX being a “significant funder” of Effective Ventures. According to the…
View Post

Ethereum Community Utilization Skyrockets As ETH Hits Two-Month Excessive

Despite the crypto market conditions, crypto assets and blockchains have continued to amass new highs pushing the global cryptocurrency market forward. In today’s news, Ethereum on-chain activity recorded a new high following the crypto market revival. Various metrics under the Ethereum network have only continued to show a steady increase in the past few months.…
View Post