The American cryptocurrency exchange Kraken has announced a partnership with the Williams Racing team. It is the first major cryptocurrency company to have a F1 deal this year. The deal was announced on the eve of the Australian Grand Prix, which is due to take place in early April this year. The Kraken logo will be featured on Willams race cars, driver suits, team caps and all team branded merchandise. “We want to offer cutting-edge

Japanese tech giant Fujitsu has filed an application with the United States Patent and Trademark Office (USPTO) to provide brokerage services for cryptocurrency trading. The company unveiled a logo that “consists of a stylized word FUJITSU with a lateral s-curl above the J and I,” according to the document. According to the filing, Fujitsu is going to provide services such as crypto asset exchange, deposit acceptance, loan financing and financial management. Fujitsu’s growing interest in

Yesterday, March 27, the Commodity Futures Trading Commission (CFTC) accused the Binance cryptocurrency exchange of not being registered in the United States and violating federal laws regulating commodity markets. Binance CEO Changpeng Zhao immediately responded to the lawsuit filed in the Northern District Court of Illinois. According to him, the exchange “does not try to make a profit at any cost and never manipulates the market.” In an article on the company’s blog, Zhao said

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

Cryptocurrency exchange Kraken has announced that it is experiencing difficulties with its Automated Clearing House (ACH) deposit and withdrawal channel, which is serviced through the failing Silvergate Bank. Cryptocurrency exchange Kraken announced the suspension of operations due to the fact that it still could not choose a new banking partner. “From March 27, Kraken customers will no longer be able to deposit via Plaid and withdraw funds via the ACH channel hosted by Silvergate. We

Analysts at the investment bank Goldman Sachs called bitcoin the best asset of the year – the rate of the first cryptocurrency among all major assets has grown the most in less than three months. In absolute terms, the first cryptocurrency has risen in price by 51% since the beginning of the year. The BTC rate has exceeded $28,000 and banking analysts expect a large-scale continuation of growth. Bitcoin outperformed IT (+15%), telecoms (+15%), consumer

The largest cryptocurrency exchange transferred its own Binance USD (BUSD) stablecoins, which were stored in the User Asset Protection Fund (SAFU), to the tokens of competitors TruUSD (TUSD) and Tether (USDT). The decision came shortly after partner project Paxos announced last month that it would no longer issue new BUSD. “Such an exchange is necessary so that the assets in SAFU continue to protect users in the long term. The market capitalization of BUSD continues

Amid a deteriorating regulatory and banking environment for national crypto companies, Coinbase plans to launch a new cryptocurrency trading platform outside the US. According to Bloomberg, Coinbase Global has begun preliminary discussions with international market makers about plans to potentially create a new cryptocurrency trading platform overseas. It is planned that at the initial stage, the alternative platform Coinbase will focus on serving global customers. This measure will circumvent numerous restrictions imposed by regulators on

Balaji Srinivasan, a venture capital investor and former CTO of cryptocurrency exchange Coinbase, has made a bet on the rise in the value of BTC to $1 million in the next 90 days. Balaji Srinivasan, a partner at investment firm Andreessen Horowitz , has tweeted that he is transferring $2 million into USD Coin (USDC) stablecoins to participate in a “million dollar” bet. Srinivasan believes that in the near future the world may be overwhelmed

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