MEXC, a leading global cryptocurrency exchange, has expanded its language support to 34, adding 17 new languages including Dutch, Bulgarian, and Indonesian. This initiative enhances user experience, accelerates global expansion, and fosters cultural inclusion, aiming to connect investors worldwide to the crypto economy seamlessly. With over 30 million users and a threefold increase in trading volume year-on-year, MEXC continues to prioritize accessibility and innovation in cryptocurrency trading.
read more
News from BGR
Generated 0 posts last week Best Wallet Raises Over 5 Million in Token Presale for Web3 Solution
Best Wallet has raised over $5 million in its presale for the BEST token, aimed at providing a cross-chain Web3 storage solution. The platform supports over 60 blockchain networks and features an integrated DEX for optimal trading rates. Investors can stake their tokens, with rewards distributed over three years, while future plans include a crypto debit card and advanced portfolio management tools.
read moreAdEx Launches AURA for Enhanced Web3 User Engagement and Targeting
AdEx has launched AURA, an AI-powered onchain activity analyzer aimed at enhancing Web3 user experiences. By analyzing data from Ethereum and Layer 2 blockchains, AURA provides personalized insights and recommendations, fostering a fair attention economy and improving user engagement across wallets, dApps, and blockchain explorers. The native ADX token plays a crucial role in prioritizing recommendations and ensuring a secure environment.
read moreReichmuth Seeks Executive Assistant with Remote Work Opportunity
Tobias Reichmuth, known from “Die Höhle der Löwen,” is seeking an Executive and Personal Assistant for his Longevity start-up, offering $15 to $18 per hour for remote work in Eastern Europe. He defends the wage as reasonable for local standards, emphasizing the value of cost-effective hiring. In 2023, he entered Switzerland’s top 300 richest, with a fortune estimated between 100 to 150 million francs from investments in cryptocurrencies and wind power.
read moreRuja Ignatova may be hiding in Russia amid ongoing investigations
Ruja Ignatova, the missing “Cryptoqueen” behind the $4 billion OneCoin scam, is believed to be hiding in Russia to evade criminal charges. The U.S. has increased the reward for information leading to her arrest to $5 million, while links to Kremlin-affiliated figures have emerged. Despite various theories about her whereabouts, including reports of her possible death, the investigation continues to uncover connections to high-profile individuals and money laundering operations.
read moreThe Challenges of Saving Credit Suisse Amid Scandals and Mismanagement
Duncan Mavin, a journalist and author, highlights the turmoil faced by a group of individuals at Credit Suisse who inherited significant challenges. The question arises whether Karin Keller-Sutter should have intervened to save the bank, considering the potential for further scandals like the tuna bond and Bulgarian cocaine smuggling cases.
read moreUBS Chairman Criticizes Finma for Failing to Prevent Credit Suisse Collapse
UBS Chairman Colm Kelleher has criticized Swiss banking regulator Finma for its failure to act on warning signs regarding Credit Suisse’s impending collapse, stating that the regulator’s inaction allowed the bank to engage in reckless behavior. Kelleher emphasized that he recognized Credit Suisse’s unsustainable position as early as 2015 and questioned why it took so long for decisive action. He highlighted that while Finma merely issued letters, other regulators would have taken more stringent measures to prevent such a corporate downfall.
read moreUBS inherits legal responsibilities from Credit Suisse in Bulgaria case
UBS is not absolved from the legal proceedings linked to the “Bulgaria connection” despite the collapse of Credit Suisse (CS). The Federal Criminal Court in Bellinzona ruled that UBS inherits CS’s legal responsibilities, including a CHF 2 million fine for anti-money laundering violations and ongoing appeals related to criminal activities involving a former employee and the Bulgarian mafia. The court’s decision emphasizes that the merger agreement mandates UBS to take on CS’s position in all legal matters.
read moreGlobal House Prices Show Mixed Trends in Q1 2024
Global house prices fell by 1.0% year-on-year in Q1 2024, with emerging markets experiencing a sharper decline of 1.6%, while advanced economies saw a slight decrease of 0.3%. Notable price increases occurred in Australia, Mexico, and the U.S., contrasting with significant drops in China, Korea, and Türkiye. Overall, real prices remain 23% above pre-Great Financial Crisis levels, with considerable regional disparities evident.
read moreRevolut and Ledger Partner to Enhance Crypto Trading in EEA Countries
Revolut has partnered with Ledger to enhance crypto payment options across 27 EEA countries, allowing Ledger users to buy and sell cryptocurrencies through Revolut’s on-ramp service, Revolut Ramp. This collaboration simplifies the purchasing process for self-custodial wallet users, enabling instant transactions while maintaining full digital ownership. Revolut, the UK’s largest fintech, aims to facilitate secure onboarding to Web3 for its 40 million customers.
read moreAustralian man sentenced to prison over accidental 10 million dollar deposit
An Australian man, Jatinder Singh, has been sentenced to three years in prison after accidentally receiving $10.47 million from Crypto.com due to a clerical error. Singh and his partner, Thevamanogari Manivel, misappropriated the funds, leading to legal action after the exchange discovered the mistake seven months later. Manivel received an 18-month community corrections order for her involvement.
read moreOverregulation’s Impact on Crypto Companies and Market Outlook: An Expert’s View
The CEO of Ambire Wallet, Ivo Georgiev, emphasizes the negative impact of overregulation on the crypto industry, stating that it creates hurdles for companies and diminishes user experience. He believes that the U.S. election outcome and potential interest rate changes could serve as bullish catalysts for Bitcoin’s upward trajectory. Georgiev also attributes the surge in U.S. crypto adoption to the legitimacy brought by ETFs, while highlighting the need for a balance between infrastructure development and user acquisition in the Web3 industry.
read more