U.S. regulators continue their crackdown on the cryptocurrency industry, with the head of the Commodity Futures Trading Commission (CFTC) admonishing Binance Holdings Ltd over its compliance with U.S. rules. In a lawsuit against Binance and its CEO, Changpeng Zhao (C.Z.), CFTC alleged that the company and its top executive had
April 14, 2023 2 mins read
The recent surge in the demand for Ethereum (ETH) is evidenced by deposits outpacing withdrawals. This is a clear indication that more investors are attracted to this cryptocurrency and are showing a higher level of confidence in its potential to generate profits. The ETH deposits are outpacing withdrawals in the
April 13, 2023 2 mins read
The cryptocurrency sector has recently witnessed the growth and increasing traction of XDC Network (XDC). It is primarily attributed to the network’s efforts and integration within the field. XDC Network’s commitment and dedication to the industry have been pivotal in its success, with its seamless integration contributing to its popularity
April 13, 2023 2 mins read
Tyler Winklevoss, the co-founder of the cryptocurrency exchange platform Gemini, recently announced on Twitter that the company is taking important steps to obtain a license to operate in Canada. The US-based crypto exchange is actively pursuing regulatory approval to expand its services into the Canadian market. .@Gemini is taking key
April 12, 2023 2 mins read
A significant Bitcoin investor has reportedly transferred around $330 million worth of Bitcoin to the cryptocurrency exchange Bitfinex. According to Lookonchain, a blockchain analysis firm, the incident is said to have occurred on Wednesday. A smart whale transferred 11K $BTC ($330M) to #Bitfinex 1 hr ago. The whale received 46,542
April 12, 2023 2 mins read
The country of El Salvador, located in Central America, has demonstrated a steadfast commitment to and prominent achievements in the realm of cryptocurrency. Recently, Bitfinex Securities took to their Twitter account to announce that they have been granted a license to operate in El Salvador, which has made history as
April 12, 2023 2 mins read
The cryptocurrency ecosystem is witnessing a growing interest in XDC Network (XDC), as the platform continues to make significant strides. In a recent development, XDC has announced its integration with the KoinX platform, marking yet another major milestone in its journey. The integration will provide members of the XDC Network
April 11, 2023 2 mins read
Decentralized Finance (DeFi) has been making waves in the financial world as a revolutionary technology. That allows peer-to-peer value transfer on blockchains without intermediaries. However, concerns have raised about the risks associated with DeFi, including money laundering and terrorism financing. According to recent reports, the US Treasury Department released a
April 11, 2023 2 mins read
Since the beginning of the year, Bitcoin (BTC) has been rapidly increasing in value, attracting investors and traders in the cryptocurrency market. This follows a bumpy trend last year that caused the price of BTC to plummet to the $15K level. However, BTC bulls have recently managed to keep the
April 11, 2023 2 mins read
Following a thorough review of the transactions related to the recent hack, it has been discovered that none of the stolen funds were deposited into Binance. However, CZ Changpeng Zhao said on Twitter that it had been found that a portion of the hacked funds was deposited into MEXC and
April 10, 2023 2 mins read