Bitstamp cancels ‘inactivity fee’ plans after huge backlash

Luxembourg-based cryptocurrency exchange Bitstamp has scrapped plans to implement an inactivity fee after widespread outcries from users online. The exchange had previously announced at the end of June that it would enforce a €10 fee on inactive users on its platform with account balances valued at €200 or less from the beginning of August. The inactivity fee was due to […]

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Genesis Trading CEO confirms 3AC exposure, parent company helps plug losses

Digital Currency Group’s market maker and lending firm Genesis Trading has confirmed that it had investment exposure in the now-liquidated Three Arrows Capital (3AC). The insolvency and subsequent liquidation order of the embattled company sent shockwaves through the cryptocurrency space last week amid an ongoing downturn across crypto markets. A major talking point was the stake other prominent companies had […]

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EOS Price Analysis: Bulls Eye Upside Break above $1.05

EOS price is struggling below $1.05 against the US Dollar, similar to bitcoin. The price must stay above the $0.92 support zone to start a decent increase. EOS Price Analysis This past week, EOS price started a fresh decline from the $1.05 resistance zone against the US Dollar. The price declined below the $1.00 support zone. However, the bulls were […]

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All aboard! Elon Musk's Vegas Loop now taking Dogecoin payments

Elon Musk’s tunnel construction firm The Boring Company (TBC) has begun allowing customers to pay for rides on its Las Vegas transit system using Dogecoin. A July 6 report from CNBC said the new payment option via Bitpaysurfaced on Friday, a day after the opening of its new Loop station at the Las Vegas Convention Center. While the Boring Company […]

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NFTs to authenticate racing car parts: Nifty Newsletter, June 29–July 5

In this week’s newsletter, read about Binance’s partnership with the most-followed TikToker Khaby Lame. Check out how Vincenzo Sospiri Racing will use NFTs to authenticate car parts and how NFTs will gradually appear on Facebook and other Meta-owned apps. Meanwhile, an NFT licensing platform that aims to connect Bored Ape Yacht Club (BAYC) owners to brands has noted that hundreds […]

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How to Transfer Crypto from Binance to PayPal: Step-by-Step

PayPal is a fintech giant that started offering users the ability to buy, sell and store crypto in October 2020. It has well over 400 million users and partly thanks to its reputation and battle-tested security, users have always wanted to be able to transfer crypto from Binance to PayPal. On June 7th, 2022 PayPal announced it’s extending its cryptocurrency […]

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Yi He: We Are Not Yet in a Crypto Winter

Yi He – the co-founder and chief marketing officer at Binance, the world’s largest and most popular digital currency trading platform – does not feel we are in a crypto winter despite the heavy price slumps traders have been witnessing as of late. He doesn’t think the current state of the space is anything people really need to worry about. […]

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Binance CEO Meets With Ivorian President To Discuss Crypto

Summary: Changpeng Zhao and President HE Mr. Alassane OUATTARA met this week. Discussions focused on cryptocurrencies in the country’s economy. Commercial exchanges were also a topic during the interview. Other members of government including Minister of Economy and Finance, Mr. Adama COULIBALY, were present as well. The Republic of Côte d’Ivoire is CZ’s latest visit after trips to the Middle […]

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