Saxo Bank ordered to dispose of crypto holdings by Denmark’s DFSA
The DFSA ordered the Saxo Bank to dispose of its own holdings in crypto. The Financial regulators in Denmark have said that local banks are not allowed to hold crypto…
Binance suspends transfers for several Multichain-bridged tokens
Binance will cease deposit and withdrawals support for Multichain-bridged tokens Polkastarter (POLS), Alchemy Pay (ACH), Alpaca Finance (ALPACA) and Travala (AVA. The tokens are minted on BNB Smart Chain, Fantom,…
AAVE hikes as holders vote on converting 1,600ETH into rETH and wstETH
Aave holders are voting on a governance proposal to convert 1,600 ether (ETH) to wstETH and rETH. Aave currently earns a yield of 1.69% from the ETH that it has…
Singapore bank DBS allows e-CNY settlements
The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank is participating in Project Guardian,…
Alex The Doge (ALEX) Presale Reports 14 Million Tokens Sold
Frankfurt, Germany, July 4th, 2023, Chainwire Alex The Doge (ALEX), a memecoin designed to transform the GameFi ecosystem, has reported strong demand for its presale. The presale, which is currently…
Cryptocurrencies are back in fashion as the total crypto market cap keeps rising
The total cryptocurrency market capitalization grew by more than 50% in the last six months Investors are optimistic as Bitcoin’s price holds near the yearly high Ethereum, Litecoin, and Ripple…
Bitget debuts in lending with the launch of ‘Crypto Loans’
Bitget launched its native “Crypto Loans” product on Tuesday. Digital lending is expected to advance at a CAGR of 20.5%. Singapore and Thailand have recently banned crypto lending. Bitget –…
Voyager Digital creditors’ lawyers to pocket $16.48M after the recent invoice
In the third and final bill lawyers representing Voyager Digital creditors have billed $5.1 million. When all the invoices are fully paid, Voyager Digital creditors will have paid a total…
Justin Bieber’s $1.3M NFT investment depreciates by more than 95%
Justin Bieber invested about $1.3 million into the Bored Ape Yacht Club (BAYC) NFT. There are speculations that Justin Bieber was gifted the NFT by MoonPay as a promotional tactic.…
Why is the Verge (XVG) price soaring? It’s up 295%
At press time, the price of XVG token had soared 295% over the past seven days. The token was trading at $0.006906. The Verge’s market cap has also gone up…