Austin-based LVL allows users to spend their Bitcoin and cryptocurrencies without paying fees. At the end of July, LVL first announced to their customers that the platform will be shutting down current operations due to insufficient funding. Investors had previously promised funding, but withdrew their term sheets. The broader Bitcoin,

On Monday, the Office of Assets Control (OFAC) added cryptocurrency-mixing service, Tornado Cash, to its Specially Designated Nationals (SDN) list, effectively banning all Americans from using it. Any American citizen who interacts with the protocol and any of its Ethereum wallet addresses may face criminal penalties.  This move came after

The United Arab Emirates (UAE) continues down the path of doing its best to become a Bitcoin haven. The largest discount store in the country has announced that they will accept Bitcoin as payment in both its online and physical stores. The Khaleej Times hailed the move as a “next

Volatility within the markets is still causing strain among cryptocurrency lenders and borrowing platforms like Hodlnaut. The Singapore-based company recently announced that all withdrawals, swaps, and deposits are currently suspended until further notice. Hodlnaut was founded in 2019 and claims to have over $250 million in assets under management along