Everything You Need To Know About Crypto Savings Accounts

Everything You Need To Know About Crypto Savings Accounts

By CNBCTV18.com Sep 12, 2022, 6:34 PM IST (Released) mini Most people don’t know that cryptos also have a savings account equivalent. For more details here- Cryptocurrencies have proven themselves as a store of value and a hedge against inflation. Many coins have also seen phenomenal growth, making them booming investment opportunities. However, despite these … Read more

Interest-Bearing Bitcoin Accounts Were Conceived Over A Decade Ago, But The Idea Took 8 Years To Realize

Interest Bearing Bitcoin Accounts Were Conceived Over A Decade Ago But

While decentralized finance (defi) has created a plethora of protocols that allow crypto assets to generate a return, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accumulation system for bitcoin deposits. Although it was the first to test the waters, Bitcoinica eventually went bankrupt after a series of … Read more

Portuguese banks start closing or denying accounts for crypto platforms

Portuguese banks start closing or denying accounts for crypto platforms

Move ‘threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations “. Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms. The move “threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts,” according to a post from the … Read more

FTX Blocks Accounts Using Aztec Protocol For Transactions

FTX Blocks Accounts Using Aztec Protocol For Transactions

In the latest blow to cryptocurrency privacy, cryptocurrency exchange FTX is reportedly blocking users who send money through an Aztec protocol, ZK Money, a layer 2 protocol, based on the Ethereum blockchain. This protocol protects the tokens using a zero-knowledge cryptography shield (ZKPC) to protect the transaction. These transactions are not in the public information. … Read more

Ethereum Privacy Platform Aztec Responds To FTX ‘Frozen’ User Accounts

Philippines UnionBank launches crypto service through its mobile app

Aztec Network, a privacy protection network smart contract platform on Ethereum, took to Twitter on Friday to address customer complaints that FTX, one of the world’s largest cryptocurrency exchanges, “froze” the accounts of customers who used Ethereum’s services. Aztec. “We are aware of reports that FTX is warning users not to interact with Aztec”, Aztec … Read more

Tornado Cash: dYdX confirms it has suspended accounts linked to the crypto mixer

Tornado Cash dYdX confirms it has suspended accounts linked to

The wind is blowing hard on cryptos – The crypto sector has been in the middle of a storm for the past few days. The FBI launched hostilities against dozens of ETH addresses who have used the token mixing service Tornado Cash. The dYdX platform is a decentralized derivatives exchange based on the Ethereum blockchain, … Read more

Colombians Make Up 20% Of Clients In Crypto-Powered Next-Gen Accounts According To BBVA

Colombians Make Up 20 Of Clients In Crypto Powered Next Gen Accounts

BBVA, a private bank based in Spain, published an article indicating that Latam users are highly anticipated by their crypto-based solutions. The institution informed that almost 20% of the users of their New Gen accounts, available from Switzerland, are Colombians provided by the crypto services offered by these accounts. Colombians provided by cryptographic services, according … Read more

Colombians Make Up 20% Of Clients In Crypto-Powered Next-Gen Accounts According To BBVA

Colombians Make Up 20 Of Clients In Crypto Powered Next Gen Accounts

BBVA, a private bank based in Spain, published an article indicating that Latam users are very interested in their crypto-based solutions. The institution informed that almost 20% of the users of their New Gen accounts, available from Switzerland, are Colombians attracted by the crypto services offered by these accounts. Colombians attracted to crypto services, according … Read more

Thousands of Solana accounts emptied due to security breach

Thousands of Solana accounts emptied due to security breach

A few thousand accounts containing Solana cryptocurrency have been emptied of their content due to an issue with the Slope wallet. Panic reigns among Solana cryptocurrency owners. In a very short time, almost eight thousand wallets have indeed been emptied, which represents a value of some 5.2 million dollars. Not only the Solanas (SOL), but … Read more

Dozen Crypto Firms Await License In Portugal Despite Closing Bank Accounts BlockBlog

Dozen Crypto Firms Await License In Portugal Despite Closing Bank

Portugal’s central bank is currently reviewing 12 applications from companies that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that some commercial banks are closing the accounts of already approved operators. Binance Among Cryptocurrency Platforms Seeking Authorization in Portugal Portugal’s monetary authority is currently evaluating applications submitted … Read more