BXM Operations AG, a subsidiary of the leading crypto derivatives exchange, BitMEX, has recently announced its plans to acquire one of Germany’s oldest banks, Bankhaus von der Heydt (BVDH). According to a press release shared with CryptoPotato on Tuesday, the deal is part of BitMEX Group’s...
Key Support levels: $1.2 Key Resistance level: $1.5, $1.9 ADA’s rally continued this week and the price reached $1.6 before falling under the key resistance at $1.5. This show of strength decoupled ADA from the overall market that has remained indecisive at best this week. The support...
Bitcoin’s adverse price movements continue with the asset sliding below $42,000. Most of the altcoin space is in an even more gloomy situation, with substantial losses from Ethereum, Binance Coin, Avalanche, MATIC, LUNA, ATOM, and others. BTC Slips Below $42K It’s safe to say that the past...
A report by the blockchain security company PeckShield said the attack against the popular crypto exchange resulted in 4,600 ETH being siphoned off the platform. At the same time, the company maintains that no user funds were lost. Reports started to emerge yesterday indicating that the...
[PRESS RELEASE – Please Read Disclaimer] Jonathan Drew founded Drew Estate in 1996 as a retail tobacconist shop within New York City’s World Trade Center as a lifestyle premium cigar brand. The company then relocated to Esteli, Nicaragua, two years later, to construct a premium cigar...
Polygon – one of the most popular layer-2 scaling solutions of Ethereum – saw its mainnet implement one of the biggest upgrades recently. Namely, this is the Ethereum Improvement Proposal 1559 that will begin burning MATIC tokens as part of every transaction. Polygon Integrates EIP-1559 CryptoPotato reported last...
Not your keys, not your coins. Despite technological advances, the almost sacred mantra repeated ad nauseam by cryptocurrency maximalists still holds true. Today, cryptocurrency exchange Crypto.com announced the suspension of withdrawals following a series of complaints from users who allegedly claimed that their funds had...
Binance – the world’s largest crypto exchange – recently completed its 18th quarterly burn, marking its first quarterly auto-burn. The burn removed greater dollar-denominated value from the network than ever before. According to a blog post from Binance, the burn removed 1,684,387.11 BNB. At the time...
Tipsuda Thavaramara – former Deputy Secretary-General of Thailand’s Securities and Exchange Commission (SEC) – disagreed with the government’s intentions to impose a 15% capital gains tax on cryptocurrency profits. She believes such legislation is unpractical, unfair, and not beneficial for the trade sector. The Bill Lacks...
As per ex-parliament member Lord Fusitu’a, the island nation is on course to adopt bitcoin as legal tender by November 2022. For now, though, the cryptocurrency is being used to transfer funds to Tonga, which was hit by a Tsunami recently. Bitcoin Donations for Tonga A tsunami...