Category Archives: Cryptocurrency News

Blockchain.com Launches Bitcoin Margin Trading

The Blockchain.com cryptocurrency platform is expanding the functionality for trading bitcoin – now platform users will have access to BTC trading with five times the leverage. Users from 150 countries will have access to the new feature, but customers will need a “gold” verification status. Also, margin trading is not available for residents of the USA, Great Britain, Canada, Japan, Germany, Austria, Italy, France, the Netherlands and several other countries. “Since we launched the exchange…

FTX Crypto Exchange Won’t List NFTs Offering Royalties

FTX US trading platform president Brett Harrison warned that a platform that will host royalty-free NFTs could face regulatory harassment. On the eve of the launch of the NFT trading platform, the FTX US crypto exchange announced on its website that it would avoid projects offering royalties. “We will reject any NFT in the project collection that distributes or advertises royalty distribution to NFT holders.” FTX US President Brett Harrison explained that many NFT projects…

Compound developers will fix a bug with the distribution of rewards

The seven-day approval process for changes to the DeFi Compound protocol has ended with the community voted unanimously to activate a bug fix in the distribution of user rewards.The developers of the DeFi Compound Finance protocol have announced their acceptance of the 064 Fix COMP Accrual Bug proposal. This update will fix a bug introduced in Proposition 62.The proposal, put forward by the same community members who initiated the initial update, was unanimously accepted by…

Car For Coin started selling Tesla cars for bitcoins

Car For Coin Auction has launched a website to buy luxury cars – from Tesla to Lamborghini – with Bitcoin. The buyer can pay for the car with both cryptocurrency and fiat currency. “During the auction, bidders and sellers do not worry about cryptocurrency volatility. All bids and auction prices on the site are indicated in US dollars, as its price is stable compared to cryptocurrency, ”said Tom Hegedosh, founder of Car For Coin. If…

FTX removed a triple commission of $ 900 thousand for the return of the deposit

The FTX trading platform rated the assistance in returning money to a client who sent a deposit to an incorrect address at 15% of the amount, which is contrary to the company’s rules. The user mistakenly sent tokens in the amount of $ 6.3 million, the platform returned $ 5.4 million. The user is going to sue, because the exchange took an unreasonably high commission for their help. He sent the corresponding letter to the…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

FSB: development of stablecoin regulation by G20 countries is at an early stage

The Financial Stability Board has released data on the progress of 48 countries in complying with the guidelines for regulating stablecoins. The G20 countries are still in the early stages of developing rules. According to the latest report from the G20 Financial Stability Board (FSB), jurisdictions have made little progress in developing rules for stablecoins. As a reminder, in April last year, the FSB presented general guidelines for regulating stablecoins. “Jurisdictions have adopted or are…

South Korea will introduce taxation of cryptocurrencies excluding NFT from January 1, 2022

South Korean Finance Minister Hong Nam-ki announced that the cryptocurrency tax law will take effect in 2022. At the same time, NFTs are excluded from the legislation. The finance minister said that petitions to postpone the entry into force of taxation of income from cryptocurrencies have been rejected, and the law will enter into force on January 1, 2022. He stated that the South Korean cryptocurrency sector has grown to the size of the stock…

Robinhood launches 24/7 support service

An update to the user support service was presented on the Robinhood website today. Now you can ask the desired question by phone 24 hours a day. Robinhood was the first platform to offer 24/7 support. The Robinhood trading platform has introduced a round-the-clock support service to help clients find out up-to-date information on investments, including in cryptocurrency. “We strive to be close to our customers and believe that 24/7 phone support is an important…

The creator of the NFT Evolved Apes project disappears with the amount of ETH worth $ 2.7 million

The industry has been hit again by fraud. The developer of the NFT Evolved Apes project deleted the Twitter account, the project website and disappeared from ETH for $ 2.7 million. According to the Vice Motherboard, anxiety began to grow among investors in the NFT Evolved Apes project late last week. A few days after the launch of the project, an anonymous developer under the nickname Evil Ape disappeared, having previously deleted the official Twitter…