Archives: Fast News

  • Crypto.com ticks off France as its latest European approval

    Crypto.com ticks off France as its latest European approval

    Crypto.com has been registered as a Digital Asset Service Provider (DASP) in France by the Autorité des Marchés Financiers (AMF), according to an announcement on the company’s website.

    This occurred after receiving clearance from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), a financial regulator operating under the aegis of the Banque de France. With the approval, Crypto.com said it would bring a suite of products and services in compliance with local regulations to customers in France.

  • Nearly 19,000 BTC scooped up by whales

    Nearly 19,000 BTC scooped up by whales

    Whale Alert crypto tracker has shared that over the past 4 hours, two massive BTC transactions have been conducted, carrying 10,000 BTC and 8,930 BTC.

    These chunks of tokens cost investors $193,817,233 and $172,551,062.

  • SWIFT partners with crypto data provider Chainlink

    SWIFT partners with crypto data provider Chainlink

    SWIFT, the interbank messaging system that allows for cross-border payments, is working with Chainlink, a provider of price feeds and other data to blockchains, on a cross-chain interoperability protocol (CCIP) in an initial proof-of-concept.

    CCIP will enable SWIFT messages to instruct on-chain token transfers, helping the interbank network to be able to communicate across all blockchain environments. This will help accelerate the adoption of distributed ledger technology (DLT) blockchains and benefit various institutions across capital markets.

  • EU set to ban Russian crypto payments after ‘Sham’ referenda

    EU set to ban Russian crypto payments after ‘sham’ referenda

    The European Union will tighten restrictions on Russians’ crypto investments within the bloc as it seeks to respond to “sham” independence votes being held in Russian-occupied regions of Ukraine.

    According to CoinDesk, a previous cap of crypto holdings of 10,000 euros ($9,600) will be scrapped, potentially meaning Russians won’t be able to hold any assets in EU crypto wallets.

  • Sam Bankman-Fried plans to bid for Celsius assets

    Sam Bankman-Fried plans to bid for Celsius assets

    FTX founder and CEO Sam Bankman-Fried could be bidding for the assets of beleaguered cryptocurrency lender Celsius shortly after winning the bid for Voyager Digital’s assets.

    This comes just following the resignation of Alex Mashinsky – the former CEO of the struggling lender.

  • ERN rises 146.21% after 24h

    ERN rises 146.21% after 24h

    ERN rises 146.26% after 24h

    Ethernity Chain (ERN) took all the spotlight today after gaining more than 146% growth in the last 24 hours.

  • I-Remit expands partnership with Ripple

    I-Remit expands partnership with Ripple

    Ripple, the leader in enterprise blockchain and crypto solutions, announced that I-Remit, the largest non-bank remittance service provider in the Philippines, will expand its use of Ripple’s On-Demand Liquidity (ODL) solution to improve its cross-border treasury flows.

    ODL leverages XRP, the digital asset built for payments as a bridge between two fiat currencies, thus enabling instant and low costs settlement without the need to hold pre-funded capital in a destination market.

  • 477 billion SHIB acquired by whales

    477 billion SHIB acquired by whales

    Data provided by Etherscan shows that over the past 24 hours, two large amounts of SHIBA INU were transacted. 418,616,148,963 and 58,373,309,353 SHIB tokens were moved.

    According to WhaleStats, the top 1,000 whales on Ethereum currently own $133,680,683 worth of SHIBA INU. The sum remains impressive as it is the equivalent of 11,861,640,017,746 SHIBA INU.

  • 10-year inactive BTC hits record high

    10-year inactive BTC hits record high

    Data from on-chain analytics firm Glassnode has confirmed that more of the BTC supply has now been dormant for a decade or more than ever before.

    As of Sept. 27, a total of 2,521,378.890 BTC has stayed out of circulation for a minimum of 10 years — a new all-time high.

  • US Fed Chair Powell urges caution on regulating DeFi

    US Fed Chair Powell urges caution on regulating DeFi

    U.S. Federal Reserve chair Jerome Powell urged lawmakers to be cautious when regulating decentralized finance (DeFi) while speaking at a roundtable conference organized by the central bank of France on Sept. 27.

    Powell said that there are “very significant issues around lack of transparency” in the DeFi ecosystem and in the future, crypto markets will grow large enough to disrupt financial market stability, which is why there is a real need for more appropriate regulations.