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Binance Taps MVP License from Dubai Virtual Assets Regulatory Authority

Binance Exchange, the world’s largest digital currency trading platform by trading volume, has announced it has tapped the Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). […]

Maple Finance Provides $300m In Loans to Bitcoin Miners Struggling amid Market Crash

Maple Finance, Australia-based Decentralized finance (DeFi) firm for institutions to borrow from Liquidity Pools funded by the DeFi ecosystem, announced on Tuesday that it has launched a $300 million fund […]

Despite Market Crash – MicroStrategy Buys 301 Bitcoins Worth $6 Million

MicroStrategy has done it again. The Virginia-based business software company has bought additional 301 Bitcoins worth around $6 million to its balance sheet. According to a filing with the U.S. […]

Huobi Partners with AstroPay to Provide Fiat-to-Crypto Payment Services in Latin America

Huobi Global has partnered with AstroPay to provide fiat-to-crypto payment services for cryptocurrency exchange users in Latin America. The partnership with AstroPay will help in facilitating a secure payment platform […]

Crypto Miner Bitdeer Buys Storage Facility Le Freeport for $28M

Bitdeer, a mining company owned by Bitman co-founder Wu Jihan, spent Singapore dollars $40 million (about US$28.4 million) in July to acquire Le Freeport, the highest-security storage facility in Singapore, according […]

Fed’s Interest Rate Hikes Attributed to Primary Catalyst of Crypto Bear Market

The decision by the federal reserve (Fed) to continuously hike interest rates to tame runaway inflation has been detrimental to the crypto market as bears continue to bite.  The situation […]

HSBC Undertakes Blockchain-based Trade Finance Transacntion for Automotive Sector in the Middle East

Through the Contour platform, HSBC conducted a blockchain-based trade finance transaction between SAIC Motor, a Chinese car manufacturer and Taajeer Group, the exclusive agent for MG cars in Saudi Arabia.  […]