Crypto

Crypto Payment Processor MoonPay Successfully Registered With The UK Regulator!

The UK entity of crypto payment processor MoonPay has received the UK's Financial Conduct Authority (FCA) license. Moonpay (UK) Limited appeared on the Registered Cryptoasset Firms list on 9 December 2022 and is the 40th cryptocurrency service provider authorized by the UK watchdog. It joins the likes of crypto ventures Bitpanda, Revolut, and Skrill.

Crypto Lender BlockFi Is Insolvent

Following the collapse of the cryptocurrency exchange FTX, the U.S. bank BlockFi, which specializes in virtual currency, has now also filed for bankruptcy. More broadly,...

RIPPLE Seeks Irish License As SEC Case Decision Looms!

Ripple CEO Brad Garlinghouse told CNBC that the U.S.-based company has applied to the Irish Central Bank, the financial services regulator, for a virtual asset services provider license. The Ireland office will also give Ripple access to the country's financial and technology talent pools. From Dublin, Ripple can develop and launch products and services for its European customer base.

Amazon Prime Is Working on FTX Story

An 8-part series about the crashed crypto exchange FTX is being planned by Amazon.Avengers creators Anthony and Joseph Russo are to direct the series. Amazon...

Crypto Exchange Bitpanda Receives A BaFin License

The German Federal Financial Supervisory Authority BaFin grants Bitpanda the "license for custody and proprietary trading of crypto assets". The company, which is registered as...

FBI Seeks Extradition Of Sam Bankman-Fried

The Federal Bureau of Investigation (FBI) is demanding the extradition of Sam Bankman-Fried to the United States. Together with Bahamian authorities, the US Central...

The Many Losers Of The FTX Collapse And Its Devastating Consequences!

In the FTX crash, the crypto market has been in a state of shock. Celebrities such as the U.S. football star Tom Brady are among those affected. Slowly, the full extent of the FTX crash is becoming visible. Sam Bankman-Fried's crypto exchange had signed big-name investors and promotional deals, including Brady and his ex-wife, the Victoria-Secret model Gisele B√ľndchen, and NBA legend Stephen Curry. Not just promote faces, but also capital providers such as BlackRock and Kraken are among the losers of the FTX crisis.

PayTech Cardstream Partners Pith Qi Digital To Empower Digital Currencies

PayTech company Cardstream (PR42 profile) has partnered with cryptocurrency company Qi to make it simpler for merchants worldwide to accept digital currencies. Cardstream processes card payments globally and also offers emerging and local payment methods for some regions and consumers.

Binance cancels FTX takeover

The takeover of struggling crypto exchange FTX.com by rival Binance (PR42 profile) has fallen through. "We have decided not to pursue the potential acquisition," Binance...

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