From today until April 31st, you can earn $10USDC per eligible “fren” you refer to Stables. Referrals are only valid for Australian users at this time. The process to refer “frens” is simple and straightforward. Stables is rolling out its eagerly awaited “Refer a Fren” program, rewarding participants with $10 USDC for every referral. The…
A US judge has approved a bankruptcy plan for a crypto lender that filed for bankruptcy in July 2022 after its token plummeted by 99% and it was unable to fulfill withdrawals. According to a recent court filing, the new plan from Celsius Network will generate funds for a new mining and staking corporate spinoff…
The guilty verdict in the criminal trial of Sam Bankman-Fried—delivered by a jury shortly before 8 p.m. ET in New York—triggered a torrent of reactions across the still vibrant crypto community on Twitter. The overall mood was closer to smug schadenfreude than jubilant, but there were hot takes across the spectrum. “Should let the SBF…
The information in this article is based on a recently released guide — titled “Crypto Travel Rule in United Kingdom by the Financial Conduct Authority (FCA)” — from RegTech startup Notabene. The United Kingdom has proactively engaged with the crypto industry, partnering with experts and regulators to establish an evidence-based regulatory framework. The Financial Conduct…
A new feature released by leading crypto price-tracking site CoinMarketCap reveals more data about crypto exchanges’ reserves — the assets that enable a company to cover potential withdrawals by customers. With the contagion of FTX’s highly damaging collapse continuing to spread, and Proof-of-Reserves being touted as a needed failsafe against future incidents, the website’s move…
Crypto crash: Alleged drug dealers could sue SA governmentAlleged drug dealers who have had hundreds of thousands of dollars worth of crypto currency frozen by the courts could sue the Crown for negligence after their wallets collapsed in late 2022. Get a read on this story But it’s a member-only story. Subscribe today to unlock…
Rather than seeing the delay as a bad thing, Treasury believes a recent rush to the exits in crypto from retail customers has effectively bought the government more time. “Treasury considers these concerns are somewhat mitigated by the current market conditions resulting in less consumer demand for crypto assets; and the need to complete the…
Crypto lender Nexo has partnered with Mastercard and peer-to-peer payment startup DiPocket to launch the Nexo Card, a credit facility that allows holders to use their crypto as collateral rather than sell it outright: The #NexoCard is here!Welcome the only card that lets you spend the value of your #crypto without selling it!#Hodl while you […]