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Revolut expands crypto exchange to 30 new markets in Europe

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Revolut, the UK-based fintech company, has expanded its cryptocurrency services to 30 new markets across Europe, broadening its reach in the digital asset space. The expansion includes countries such as France, Spain, Italy, and Belgium, allowing Revolut users in these regions to buy, sell, and hold a range of cryptocurrencies, including Bitcoin, Ethereum, and other popular altcoins. This move marks a significant step for the company as it continues to diversify its offerings beyond traditional banking services.

Revolut’s crypto expansion is part of its ongoing strategy to integrate digital assets into its broader financial ecosystem. The company already offers cryptocurrency services in several European countries, and the addition of 30 new markets brings the total number of regions where Revolut supports crypto trading to over 40. With this growth, Revolut aims to provide more users with easy access to the crypto space, tapping into the growing demand for digital asset exposure among retail investors.

The expansion also includes new features designed to enhance the user experience, such as improved security measures and more intuitive tools for managing crypto portfolios. Users can now access real-time market data, track their holdings, and execute trades with greater ease through the Revolut app. The platform is also enhancing its educational resources to help users understand the risks and benefits of cryptocurrency investments.

Revolut’s move to expand crypto services comes amid increasing regulatory scrutiny of the crypto industry in Europe. The company has emphasized its commitment to compliance, ensuring that its crypto offerings align with local regulations in each new market. As crypto adoption continues to rise across Europe, Revolut’s expanded presence could further solidify its position as a key player in the region’s rapidly evolving digital finance landscape.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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