The addition of the popular memecoin Floki in niche categories on Binance, one of the world’s major cryptocurrency exchanges, has facilitated its further popularity. The price of $FLOKI has moved up 5.21% in the previous 24 hours after the exchange said it will add the cryptocurrency to the Metaverse and
June 17, 2023 1 min read
Less than 10 days after the SEC first filed claims, the judge presiding over the lawsuit between the SEC and Coinbase has been replaced. Coinbase and Binance, two of the major cryptocurrency exchanges, were sued by the cryptocurrency regulator. It has been alleged that top US exchange Coinbase ran an
June 17, 2023 2 mins read
Crypto exchange Binance now offers Bitcoin mining subscription services. For those who want to mine Bitcoin but don’t have the gear, Binance’s cloud mining services are now available for the purchase of hashrates as of June 15. The “hashrate” is the computational capacity needed to verify Bitcoin transactions on the
June 15, 2023 2 mins read
Jack Dorsey, the co-founder of Twitter, is a staunch advocate for the advancement of the Bitcoin (BTC) protocol. And he has recently pledged funding to Brink, a Web 3.0 hub that provides support to the Bitcoin network’s developers. According to the blockchain firm, Jack Dorsey has pledged a total of
June 15, 2023 2 mins read
Bitstamp, a cryptocurrency exchange with a presence in the United Kingdom, is now one of the businesses authorized by the Financial Conduct Authority there. Approximately six months after the FCA added Hidden Road Partners and MoonPay in December 2022, on June 13, Bitstamp U.K. Limited and Interactive Brokers Limited is
June 14, 2023 2 mins read
The SEC had requested that Binance U.S funds and other assets be frozen. A US federal court has ruled against the proposal of the SEC. Binance had only the day before urged the court to dismiss a similar SEC proposal. Binance U.S and Securities and Exchange Commission have agreed to
June 14, 2023 2 mins read
Investors are fleeing Binance and its sibling business Binance US because of their legal problems with U.S. authorities. Kaiko, a cryptocurrency analytics business, reports that since the SEC complaint was filed last week, market depth on the US sibling exchange has dropped by roughly 80%. Binance and its US-based sibling
June 13, 2023 2 mins read
The Shiba Inu (SHIB) market has been very active over the last 48 hours, with trillions of SHIB tokens moved by whales, the biggest investors. These key players have sold off a whopping 3 trillion Shiba Inu tokens since last Friday. The SHIB whales started this era with a total
June 13, 2023 2 mins read
Despite a global crackdown on crypto assets, demand for tether (USDT) has been robust in Turkey since early May. The Turkish lira has performed significantly worse than the big cryptocurrencies, a recent report from Bloomberg notes. Longtime Turkish President Recep Tayyip Erdogan was reelected. Moreover, the country’s national fiat currency
June 12, 2023 1 min read
a16z crypto, the cryptocurrency investment arm of the VC firm Andreessen Horowitz, has announced the launch of its first international office in London, less than a week after U.S. authorities took their most drastic actions to date against the digital assets market. The firm said that the United Kingdom has
June 12, 2023 2 mins read