WazirX blames restructuring delays on external factors

The Financial Action Task Force (FATF) has a plenary meeting scheduled on June 24 to assess the progress of Virtual Asset Service Providers (VASPs) worldwide in enforcing the organization’s “travel rule”.According to Pawel Kuskowski at Forbes, the FATF meeting will be held virtually in two weeks to discuss the organization’s guidelines intended to make VASPs…

Cryptocurrencies and the wider blockchain ecosystem are helping change the status quo of how we conduct our day-to-day lives. With these emerging technologies, Web3 is being ushered in as a permissionless and open innovation using middleware blockchain protocols. By doing so, they’re replacing middlemen software-as-a-service (SaaS) companies by capturing value at a greater level.Middleware protocols…

Jitters in crypto trading relate to a trade event wherein an investor’s buy or sell order gets stuck and moves down in the list, allowing newer trade orders to go through. 121 Total views 7 Total shares The CEO of crypto exchange Binance, Changpeng ‘CZ’ Zhao, raised concern for traders after learning about the infamous…

Cloud mining is the process of mining cryptocurrency without the direct use of mining equipment or hardware. The process allows users to mine Bitcoin or altcoins without having to manage their own resources.Related: What is an altcoin? A beginner’s guide to cryptocurrencies beyond BitcoinIn traditional crypto mining, cryptocurrency is produced through a computational process. Miners…

Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners. 4419 Total views 14 Total shares Global cryptocurrency mining operators are increasingly moving their equipment to Russia and the Commonwealth of Independent States as they chase lower energy prices.Igor Runets, founder and CEO of…

Bitcoin (BTC) starts a new week on a high in more ways than one as BTC/USD seals its highest ever weekly close.After days of painfully slow progress, Bitcoin finally put in a breakout move to the upside to pass crucial levels.Now ready to go “parabolic,” some argue, the largest cryptocurrency is now firmly back on…

Bahamian regulators said that they were the first to take action against SBF, and recent actions of the current CEO hindered their investigation. 85 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTThe Securities Commission of Bahamas has slammed the current CEO of bankrupt crypto exchange FTX John…

HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit. 1957 Total views 36 Total shares The Bangladesh branch of global banking firm HSBC has conducted the country’s first blockchain-based letter of credit (LC) transaction on the Contour DLT platform.The transaction was used to settle the importation of 20,000…

Messaging app Telegram endorsed TON network as its blockchain network of choice for Web3 infrastructure, boosting the TON token price by 7%. 402 Total views 2 Total shares Popular messaging app Telegram has finally unveiled a crypto wallet nearly three years after it first revealed plans to build a Web3 ecosystem. The wallet was unveiled during