Binance Discontinues Crypto-Backed Debit Card in Latin America and Middle East

Binance, a cryptocurrency exchange, has announced that it will be discontinuing its crypto-backed debit card in Latin America and the Middle East. The card has been in use in Latin America for one year, having been rolled out in Argentina last August and in Brazil in January. The card allowed customers to use their crypto […]

Render (RNDR) Price Surges 10% on Nvidia AI Hype

Render (RNDR) price rose sharply on Thursday as the altcoin reacted higher on Nvidia earnings that crushed expectations. Nvidia reported a net income of $6.7 billion for the quarter ending July 30, which was 422% up on the same period a year ago. This caused a surge in AI stocks, with Render, SingularityNET and Fetch.ai […]

Former Corrections Officer Accused of Orchestrating Crypto Scam Targeting Law Enforcement Personnel

John A. DeSalvo, a former lieutenant at the New Jersey Department of Corrections, has been charged by the US Securities and Exchange Commission (SEC) for orchestrating a cryptocurrency scam that targeted law enforcement officers. DeSalvo allegedly raised $623,388 from 222 investors between November 2021 and May 2022 through his own digital currency, the Blazar token.DeSalvo […]

MKR Price Surges as Dai Demand Grows After Nvidia Earnings

Render (RNDR) price rose sharply on Thursday as the altcoin reacted higher on Nvidia earnings that crushed expectations. With hype around AI hitting a new high after another huge guidance from Nvidia, RNDR price looks poised for a retest of the key supply zone near $1.58.Demand for the Render technology cuts across gaming, metaverse, AI, […]

“Planet Cryptocurrency Skyrockets After India’s Chandrayaan3 Moon Touchdown”

Planet cryptocurrency is the native token of a platform called Planet that uses blockchain technology to tackle the most important sustainability concerns in the world. The ‘Join Our Planet’ movement is dedicated to resolving the 17 Sustainable Development Goals (SDGs) established by the United Nations.At press time, PLANET was trading at $0.00005528, up 14.96% in […]

FTX Bankruptcy: Galaxy Digital Holdings to Oversee Digital Token Portfolio

FTX, a crypto platform founded by Sam Bankman-Fried, has been struggling since November 2022, causing other crypto companies such as Celsius and Voyager to collapse. John J. Ray III took over operations and promised to guide the company through bankruptcy and maximize recoveries for stakeholders. Court documents revealed FTX’s blueprint for a strategic “management and […]

SIM Swapping Attacks on Crypto Owners Reach 8-Digit Territory

SIM swap attacks have become a major security threat for crypto owners, with over $13.3 million in crypto stolen from 54 SIM swaps in the past four months. These attacks are successful because many victims only use SMS two-factor authentication (2FA) to protect their accounts. In a SIM swap attack, a hacker tricks a mobile […]

Binance Suspends Card Services in Latin America and Middle East

Binance, a leading cryptocurrency exchange, has announced that its crypto debit card will no longer be available in Latin America and the Middle East from September 21. The card allows users to use their digital assets for everyday transactions and is accepted at a network of over 60 million merchants globally. Binance clarified that the […]

Binance to Discontinue Crypto Debit Card Services in Latin America and Middle East

Binance, the leading global cryptocurrency exchange, is set to discontinue its crypto debit card services in two major markets: Latin America and the Middle East. This will take effect on August 25th, and customers in these territories will have until September 21 for card transactions. Binance clarified that this won’t affect accounts, nor will it […]

Russian Co-Founders of Crypto Mixer Tornado Cash Facing Money Laundering Charges

Roman Semenov and Roman Storm, co-founders of the crypto mixer Tornado Cash, have been charged with money laundering and operating an unauthorized money-transfer business. The US Treasury added Semenov to its list of specially designated nationals on Aug. 23. The FBI and the IRS detained Storm on Aug. 24.The charges stem from the alleged laundering […]