Promoted | Bitcoin hit a record above $63 000 on Tuesday, extending its 2021 rally to new heights a day before the listing of Coinbase shares in the US.
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Binance coin has strengthened its position as one of the world’s largest cryptocurrencies after a 53% rally in the past seven days to the third spot behind bitcoin and ether.
Crypto exchange iCE3 said it had been “advised to initiate liquidation proceedings” after suspending all trading on the exchange in March following the discovery of account discrepancies.
Promoted | The lack of affordable and reliable banking services in Africa has for many years been the bane of consumers across the continent. Yellow Card hopes to change that.
The cryptocurrency market capitalisation hit an all-time peak of $2-trillion on Monday as gains over the last several months attracted demand from both institutional and retail investors.
PayPal will announce later on Tuesday that it has started allowing US consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally.
Promoted | Over the longer term, bitcoin’s astonishing price performance has been eclipsed by smaller, alternative cryptocurrencies.
Microsoft president Brad Smith has cast doubt on whether fintech companies should issue currencies, saying governments are still best-placed to play that role.
The financial services industry, braced for what could be its biggest disruption in decades, is about to get an early glimpse at the Federal Reserve’s work on a new digital currency.
A Financial Sector Conduct Authority health warning on cryptos comes amid a flood of complaints from investors who lost money or were scammed, says head of enforcement at the regulatory body, Brandon Topham.