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Binance has strongly denied the allegations that it has processed over $1 billion in transactions connected to the Iranian entities and also dismissed the staff who raised concerns internally. These claims come from the report by Fortune on February 13, which cited anonymous sources who are familiar with the issue.
Russian officials say citizens move more than $129 billion in crypto each year outside formal oversight, prompting renewed calls for regulation. At the Alfa Talk conference, Deputy Finance Minister Ivan Chebeskov highlighted the scale of adoption. He said Russian citizens generate roughly 50 billion rubles in daily crypto turnover. That
Animoca Brands received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), which marks an important regulatory step that allows the company to offer legal virtual asset brokerage, management, and investment services. Animoca Brands received a Virtual Asset Service Provider (VASP) Licence from Dubai’s
Currently, Zcash is exchanging hands at $284.03, down 8.94% in the past 24 hours. This short-term drop came after a strong performance, wherein in the past seven days, the price is up 19.94%. On the other hand, in the past month the drop sits at around 29%. Meanwhile, the one-year
There is a possibility for Bitcoin short liquidation if it finds a rally. CoinGlass has reported a total liquidation of over $72 million in 24 hours. This includes short and long drops days after more than $2 billion worth of bitcoins were liquidated. Bitcoin Liquidation Possibility There is reportedly a
Brian Armstrong, CEO of Coinbase, said that retail investors are strongly resilient, as they are actively buying Ethereum and Bitcoin despite broader monthly price drops. The crypto market has been struggling, with Bitcoin down around 2% in the last 24 hours and trading at $68,841, bringing its monthly fall to
Cardano is preparing to launch its USDCx, a dollar-pegged stablecoin linked to Circle’s USDC, at the end of February. This move aims to solve the stablecoin liquidity shortage. Philip DiSaro, CEO of Anastasia Labs, a smart contract development firm building within the Cardano ecosystem, confirmed the update on February 15.
Binance co-founder Changpeng Zhao stated that a lack of privacy makes it impossible to achieve a broad adoption of crypto payments across the globe. CZ explained that this can make the financial information of businesses available to their competitors and the public. He noted that companies may be reluctant to
The price of Bitcoin hasn’t been successful in being stable over the $70,000 mark. It started declining and traded below the $69,200 support zone. Also, at the time of writing, it is exchanging hands at $68,296.87. The price went below the 38.2% Fib retracement level of the upward shift from
Michael Saylor, Founder of Strategy, has hinted that Strategy could buy bitcoin again. The latest BTC purchase could come at a time when Bitcoin price has dropped below $69k. A statement by U.S. Treasury Secretary Scott Bessent could also be a potential factor, given that it signals a positive outlook
