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"Withdrawals from OKX will continue to be available," wrote the OKX team in an email to users. ͏ ͏ ͏ ͏ On Mar. 20, cryptocurrency exchange OKX informed Canadian users via email the firm "will no longer provide services or allow users to open new accounts in Canada starting on Mar. 24, 2023, 12:00 AM EST," citing "new regulations." According to OKX, existing Canadian customers must close open positions in options, margins, perpetual, and futures by June 22, 2023. Fiat or tokens must also be withdrawn by the said date. "Your funds will remain safe in your account until you withdraw them. You will be able to withdraw dollars to your linked bank account and cryptocurrency to your self-custody wallet or your cryptocurrency account on another exchange. " OKX says its withdrawal from Canada is "temporary," and the exchange is working with regulators to solve this issue. "We hope to see you again in the future. Stay tuned," wrote OK...

Learn how to earn free cryptocurrency with these seven methods, including faucets, bug bounties and more. Due to the popularity of cryptocurrency, numerous individuals are searching for means to acquire free crypto. Here are seven methods one can use to earn cryptocurrency without having to invest your own money, including crypto faucets, airdrops, staking, bug bounties and more.  There are several common risks to be aware of when earning free crypto, including security risks, scams and fraud, limited earning potential, time-consuming activities, and potential legal or tax implications. It’s important to do your research and approach these methods with caution. Faucets Crypto faucets are websites or applications that provide users with small sums of cryptocurrency in exchange for doing things like completing CAPTCHA puzzles or watching advertisements. One example is Moon Litecoin, which offers free Litecoin (LTC) to users who complete tasks, such as streaming videos. The rewards from ...

Bitcoin has risen above $25,000 and if bulls flip this level into support during the next pullback, it will signal the start of a new up-move to $32,000. After a recovery on March 16, the United States equities markets are again down on March 17. Investors remain concerned about the vulnerability of the banks in the U.S. and Europe. A silver lining for cryptocurrency investors is that Bitcoin (BTC) has remained decoupled with the equities markets and has risen to its highest level since Jan. 12. Galaxy Digital founder and CEO Michael Novogratz said in an interview with CNBC that the US and the globe will face a credit crunch as banks lend less to rebuild capital. He said investors should be long on Bitcoin and crypto because these are the times for which it was created. Daily cryptocurrency market performance. Source: Coin360 Quantitative tightening seems to be giving way to a period of quantitative easing. The banks have already borrowed $150 billion from the Federal Reserve, which i...

The founder of cryptocurrency exchange Bitzlato has denied guilt in a money laundering case in the United States. Anatoly Legkodymov was arrested in Miami, in mid-January, for his role in running the trading platform which allegedly processed over $700 million in illicit funds. Bitzlato Founder Legkodymov Appears in US Court Anatoly Legkodymov, one of the founders and majority owner of the Russia-linked crypto exchange Bitzlato, has made his first appearance in New York federal court on Tuesday, the Law360 portal reported. He has been ordered held without bail over allegations of laundering millions in criminal proceeds through the platform, which he has denied. The Russian national, a resident of China, was detained by the FBI in Miami on Jan. 17 and charged with unlicensed money transmitting. The defendant was also accused of operating the Hong Kong-registered exchange that failed to implement anti-money laundering safeguards and processed more than $700 million dollars’ worth of ...

According to bankruptcy court filings made by the new management, FTX founder and former CEO, Sam-Bankman Fried (SBF), received $2.2 billion during his time as the exchange’s CEO. SBF and five people in his immediate circle, reportedly transferred $3.2 billion in total to their accounts. These funds were distributed in the form of “loans and payments.” The majority of the funding came from Alameda Research, FTX ’s sibling company that was also established by SBF. JUST IN: Sam Bankman-Fried received $2.2 billion from FTX while CEO, court filings reveal. — Watcher.Guru (@WatcherGuru) March 16, 2023 However, the $240 million for “luxury property in the Bahamas,” “political and charity gifts,” and “substantial transfers” to subsidiaries, according to the new management, were not included in the $3.2 billion sum. Other Executives received capital while at FTX? FTX and Alameda Research executives, Nishad Singh, Gary Wang, and Caroline Ellison, were sent more than $800 mi...

Dogecoin is hovering around $0.07 and is away from the goal that its investors want to see it reach i.e $1. The meme coin touched an all-time high of $0.73 in May 2021 and is now slipping further away from $1. DOGE’s hype fizzled out in 2022, due to the cryptocurrency market crash and even Tesla CEO Elon Musk’s tweets and statements about the coin are doing nothing to help it scale up in the indices. However, DOGE investors are firm in their belief that it could hit $1 someday in the future. In this article, we will highlight if Dogecoin can cross $1 by 2030 or not. Also Read: Dogecoin: The Rise From Meme to Millions Will Dogecoin Reach $1 By 2030? Source: Analytics Insight Dogecoin will have a hard time sustainably scaling up in the indices and reaching the $1 mark. The asset has no use cases in the real world with a few businesses accepting it as payments for transactions. A group of cryptocurrency experts from the Finder’s panel recently updated their price predic...

Bitcoin briefly surged to a nine-month high late on Tuesday, as prices moved above the $26,000 mark. Although prices have since declined, overall sentiment remains bullish following the latest U.S. inflation report. Consumer prices fell to 6% last month, with ethereum climbing above $1,700 as a result. Bitcoin Bitcoin (BTC) fell from a nine-month high on Wednesday, following yesterday’s post-U.S.-inflation-report rally. BTC/USD is trading at $24,858.50 at the time of writing, hours after prices surged to a peak of $26,514.72. Tuesday’s peak saw the world’s largest cryptocurrency hit its strongest point since June 13, when BTC was above $26,600. Bitcoin chart by TradingView Earlier gains have since fallen, which comes as a result of the 14-day relative strength index (RSI) nearing a ceiling of 65.00 Currently, the index is tracking at 63.07, however overall momentum remains higher, with the 10-day (red) moving average trending upwards. Should the ceiling...

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are investigating the collapse of Silicon Valley Bank. Report Says Investigations Into Silicon Valley Bank’s Collapse Include Stock Sales by Senior Executives SVB Financial Group, the parent company of Silicon Valley Bank, and its CEO Greg Becker and CFO Daniel Beck have been named in a lawsuit, according to reports on March 13th. Reuters reported that the proposed class action accuses the bank and senior executives of hiding the potential harm that rising interest rates could cause to the now-failed financial institution. The class action was filed in federal court in San Jose, Californ...

Join Our Telegram channel to stay up to date on breaking news coverage In response to the most recent turmoil surrounding the USDC stablecoin, Binance, the world’s largest crypto exchange based on trading volume, converted the remaining money held in Binance USD (BUSD) from its $1 billion Industry Recovery Plan into Bitcoin (BTC), Ethereum (ETH), and BNB. Binance CEO, Changpeng Zhao, announced the move on Twitter saying:” Given the changes in stablecoins and banks, Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including BTC, BNB, and ETH. “ Given the changes in stable coins and banks, #Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including #BTC, #BNB and ETH. Some fund movements will occur on-chain. Transparency. — CZ 🔶 Binance (@cz_binance) March 13, 2023 The “Industry Recovery Fund” was lau...

Nissan has recently filed four new Web 3 trademarks for its Infiniti, Nismo and Nissan brands. Japanese automotive brand Nissan has become the latest car manufacturer to ramp up its Web3 efforts, filing four new Web3-related trademarks filed in the United States, while its Japan unit is experimenting with auto sales in the metaverse. According to Nissan’s Mar. 7 trademark applications to the United States Patent and Trademark Office (USPTO), the new filings cover its Infiniti, Nismo and Nissan brands. #NISSAN has filed 4 trademark applications for ️ INFINITI ️ NISMO ️ NISSAN The filings signal plans for Virtual Clothes + Cars Stores for Virtual Goods + NFTs NFT Marketplaces + Trading + Minting Metaverse Advertising Services# NFT #NFTCommunity # Metaverse # Web3 #Car pic.twitter.com/iG3ZVgyD5t — Mike Kondoudis (@KondoudisLaw) March 13, 2023 The filings to the USPTO reveal Nissan's plans to create virtual clothes, cars, headgear, trading cards, toys, tickets, and an NFT marketp...

Cosmos governance has approved the v9-Lambda upgrade, including interchain security and possibly kicking off a “virtuous real yield cycle.” The Cosmos community has approved a vote to add “replicated security (RS)” to its chain, with 99.99% of votes in favor of the motion. The much-awaited upgrade is set to go live on March 15, 2023, with the v9-Lamba upgrade.  RS is the first version of Cosmos’s Inter chain Security (ICS) feature, allowing block chain s in the Cosmos ecosystem to share validation resources for improved security . Only protocols approved by Cosmos governance will be added as consumer chains in the upcoming update. Eight consumer chains are potential candidates for selection, including Neutron, PolymerDAO, Duality, Stride, Simply Staking, FairBlock and Comdex. Cosmos’s interchain security could start a virtuous real yield cycle The Replicated Security feature will distribute up to 25% of the consumer chain fees to Cosmos Hub stakers. The protocols can also allocate a ...

Join Our Telegram channel to stay up to date on breaking news coverage New York (NY) Attorney General Letitia James has filed a lawsuit against KuCoin. She alleges that the exchange has been buying and selling cryptocurrencies without registering in the state. What: NY Attorney General Letitia James filed a petition arguing that Ethereum, just like LUNA and Terra USD (UST), is a security Why: James claims KuCoin has been buying and selling cryptocurrencies without registering in the state What next: More details regarding the same are yet to arrive In a Thursday announcement, the office of NY Attorney General Letitia James said it had filed a lawsuit against the cryptocurrency exchange KuCoin. Based on the filing, James charges KuCoin for illegally buying and selling cryptocurrencies without registering in the state. Additionally, the AG also alleges that Ethereum (ETH) is a security. I'm suing cryptocurrency platform @kucoincom for illegally operating in New York...

Most crypto assets have been shedding value of late. Recent pessimistic developments like Silvergate’s shut down, have only deepened the market’s wounds further. On Thursday, the aggregate valuation of all the assets stood below the $1 trillion mark, at $995.17 billion to be precise. Bitcoin’s price has been hovering below the $22k threshold, while Ethereum tumbled below $1.6k. Unlike the top two’s 2% depreciation, other Alt coins from the market like Shiba Inu and Cardano have shed 3%-6% of their respective values over the past day. The mid-term landscape also seems to be similar. Blockchain Center‘s Altcoin Season Index pointed out that the market is currently no where close to its “Altcoin Season.” According to the thumb rule, if 75% of the top 50 coins outperform Bitcoin in a period of 90 days, it is considered to be an Altcoin season. The press time reading of 24 and the pendulum oscillating towards “Bitcoin Season,” ...

VeChain is among the hardest-hit digital asset after Silvergate decided to walk back on providing cryptocurrency services. Nearly $200 million worth of cryptocurrencies were liquidated last week making Bitcoin fall below the $22,000 mark. You can read more details about the Silvergate-induced crash that affected the markets here. VET is down for three consecutive days despite announcing a collaboration with the Boston Consulting Group at The HiVe summit. Also Read: VeChain: When Will VET Reach $1? Source: CoinGecko.com VeChain: Here’s Why VET Might Dip Below $0.020 Source: cryptopolitan.com VET dipped from a high of $0.031 to a low of $0.021 in the last seven trading days. The cryptocurrency had doubled in price since the start of January and is now retracing due to profit bookings and sell-offs. Source: CoinGecko.com The overall cryptocurrency markets remain on the razor’s edge due to various macroeconomic factors affecting its growth. The important fac...