Search
Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty
21.10.2019
Cryptocurrency exchange Bittrex is discontinuing operations in 31 countries, including Venezuela and Zimbabwe. The trading platform has justified its decision on the basis of the regulatory uncertainty in these jurisdictions. Some of the nations in the list are going through political turmoil...
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...
New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals
2.10.2019
Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...
Protests Led RBI to Raise PMC Bank’s Withdrawal Limit
27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
17.8.2019
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this...
Justin Sun’s Withdrawal from Lunch with Warren Buffett Gets More Dramatic, Found Partying
26.7.2019
Justin Sun is suddenly trapped in a series of controversies, soon after Tron Foundation informed that the Power of One Lunch with Warren Buffett had been postponed. Rumors are all over the internet, and they haven’t stopped popping up. Let’s take a look at the series of events, right from...
Fees For Litecoin (LTC) Withdrawal Is Reduced by 90% at Coinut Exchange
10.5.2019
There is a great piece of an update for Litecoin fans and traders. In a welcoming development, Coinut Exchange has decided to reduce the withdrawal fees for the digital currency of Litecoin by a massive 90%. The news was shared with the entire crypto community through an official tweet by Coinut...