Binance Charity, the charitable arm of the world’s leading blockchain ecosystem, joins forces with the Children of Heroes Foundation in an effort to provide aid and psychological rehabilitation to children affected by the continuing conflict in Ukraine. Together, they want to host “I am Da Vinci,” a 12-day rehabilitative camp for
April 2, 2024 2 mins read
After hitting a peak in early March, the 24-hour trading volume at Upbit—one of the largest cryptocurrency exchanges in South Korea—fell to $3.8 billion at the beginning of April. The Upbit exchange reached this year’s all-time high trading volume of around $15 billion on March 5. The fact that Bitcoin
April 2, 2024 1 min read
March saw the most financing for cryptocurrency firms in 18 months, as a result of a deluge of early-stage investments into crypto and blockchain-related businesses. As per statistics, over $1.4 billion has been invested in cryptocurrency firms. March was the biggest month for the sector’s fundraising since September 2022, when
March 31, 2024 1 min read
Daily transactions and trade volumes on the layer two blockchain Base, which is incubated by Coinbase, continue to soar as March draws to a close, reaching record highs. According to statistics from a Dune Analytics dashboard, Base saw an all-time high of 2.27 million transactions on March 29. The weekly
March 31, 2024 1 min read
IdeaSoft, a member of Sigma Software Group that specializes in developing fintech blockchain applications, is building a perpetual decentralized exchange on Plasma Next, according to INTMAX, the developer of the open-source Ethereum scalability solution Plasma Next, which offers nearly zero gas fees to enable nano-transactions. This strategic relationship represents a
March 29, 2024 4 mins read
With its Initial Exchange Offering on Bybit, one of the top 2 exchanges in the world for derivatives volume and one of the top three exchanges globally by spot volume, Velar, the Bitcoin liquidity protocol that is bringing trillions of dollars in dormant capital to DeFi markets, is thrilled to
March 27, 2024 4 mins read
The U.S SEC has asked a New York court to consider the “severity” of Ripple Labs’ misbehavior as it seeks a settlement of almost $2 billion from the company. The SEC requested Judge Analisa Torres to authorize the fine. It comprises $876 million in disgorgement, $198 million in prejudgment interest,
March 27, 2024 1 min read
Decentralized perpetual exchange IntentX and Layer 3 network Orbs have partnered to integrate Orbs’ Liquidity Hub. As the primary spot engine for IntentX, Orbs Liquidity Hub will provide customers access to spot orders and the perpetual contracts marketplace. Operating atop automated market makers (AMMs) is the DeFi infrastructure platform Orbs
March 26, 2024 2 mins read
First steps toward a central bank digital currency (CBDC) strategy are being developed by the Central Bank of the United Arab Emirates (CBUAE). Both retail and wholesale applications of CBDC are being considered. On March 23, the CBUAE and R3 and G42 Cloud, a division of the UAE-based AI holding
March 26, 2024 1 min read
Applications to list cryptocurrency products, such as Bitcoin and Ethereum Exchange Traded Notes (ETNs), will soon be accepted by the London Stock Exchange (LSE). According to the statement made earlier on Monday by the trading giant, trade is expected to begin in the second quarter of this year. When the
March 26, 2024 2 mins read