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” Crypto firm Exmo exits Russia and Belarus by selling part of its business “ London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine. Exmo is selling its digital asset business in Russia and Belarus to a Russia-based software…
” Terra’s UST flips BUSD to become third-largest stablecoin “ The Terra (LUNA) blockchain’s algorithmic stablecoin Terra USD (UST) has flipped Binance USD (BUSD) to become the third-largest stablecoin on the market. UST is a USD-pegged stablecoin that was launched in September 2020. Its minting mechanism requires a user to burn a reserve asset such…
” MetaMask warns Apple users over iCloud phishing attacks “ ConsenSys-owned crypto wallet provider MetaMask has sent out a warning to the community regarding Apple iCloud phishing attacks. The security issue for iPhone, Mac, and iPad users is related to default device settings which see a user’s seed phrase or “password-encrypted MetaMask vault” stored on the…
” Regulations set the table for more talent, capital and building in crypto industry “ The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and…
” Tether is gaining momentum against competing stablecoins, says Tether CTO “ Paolo Ardoino, the chief technology officer of Tether and Bitfinex, is confident that Tether will preserve its status as the most used stablecoin, despite the rapid growth of competitors such as USD Coin (USDC). “If you see the volumes of Tether compared to…
” Crypto Biz: An eye-opening chat with Mr. Wonderful, April 7–13, 2022 “ The past seven days have reminded me of how lucky I am to have forged a career in the Bitcoin (BTC) and cryptocurrency industry. Cointelegraph sent a contingency of reporters to the Bitcoin conference in Miami, where we got to chop it…
” Bitstamp asks users to update the source of their crypto, citing regulatory compliance “ Major global cryptocurrency exchange Bitstamp continues increasing compliance efforts by requesting its users to provide more data like their source of wealth. In an email notification to users on Wednesday, Bitstamp informed its customers about the ongoing policy upgrades on…
” Binance launches its first customer service center in Turkey “ Binance, the world’s largest cryptocurrency exchange by volume, announced the launch of its customer service center, Cointelegraph Turkey reported. Binance picked Turkey, where it established a local entity roughly two years ago, as the pilot country for its new service. A possible reason for…
” Binance and Coinbase silent on Bitcoin Lightning: Community tries to understand why “ The Bitcoin Lightning Network integration started to take off among the cryptocurrency exchanges worldwide. However, some of the world’s largest crypto trading platforms seemingly are not in the hurry to integrate the protocol. Last week, Robinhood crypto trading app became the latest…
” Terraform Labs gifts another $880M to Luna Foundation Guard “ Terra (LUNA) blockchain developer Terraform Labs (TFL) has gifted the Luna Foundation Guard 10 million LUNA worth around $820 million at current prices. The Luna Foundation Guard (LFG) is a nonprofit organization attached to Terra that is tasked with collateralizing the network’s algorithmic stablecoin…