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Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt


The Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being...

UK Post Office Adds Option to Buy Bitcoin via Easyid App


U.K. Post Office’s Easyid app is adding the option to buy bitcoin starting this week. Through the free-to-use Post Office app, customers can access Swarm Markets, a regulated crypto exchange, to buy bitcoin and ethereum. Buy Bitcoin and Ether Using Post Office App The U.K. Post Office...

South Korea: Four Exchanges Safe but USD 2.6B Closure Storm Brewing


To do so, they need to fulfill a number of criteria, including securing information security management system (ISMS) certification and real-name authenticated banking contracts for their customers. The latter has proved extremely problematic for most exchanges.The market leader Upbit last

FTX Launches Cross-Platform NFT Marketplace


FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying...

Bithumb to Ban Foreign Traders Failing Mobile Phone Identification


South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb...

Admirals Cautions Its Customers of Increased Volatility in CHF


The broker of Global Retail FX and CFD warned its clients of increased volatility in the trading pairs which include the Swiss Franc currency. According to Forex brokers and Admirals, rising speculation in financial markets regarding anticipated Swiss National Bank measures in the coming weeks...

Chat App Giant Line to Hand out its Link Crypto to E-pay Customers


The Japan-based chat app operator Line will offer customers handouts of its cryptoasset as a bonus when they make fiat payments using its e-pay platform. The new promotional drive comes six months after a Line and Yahoo Japan merger under the Z Holdings umbrella. The Z Holdings merger, first mooted...

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