Fri, October 9

Binance Praises ChatGPT Over Assisting Crypto Adoption and Education

Binance has published a blog post endorsing ChatGPT and highlighting the platform’s potential for advancing crypto adoption and education. The chatbot created by OpenAI has gone viral, becoming one of the most popular consumer apps ever. In a recent post, the crypto trading platform gushed over the revolutionary possibilities of

February 14, 2023 2 mins read

Bakkt Announces Discontinuation of Consumer App as of March 16

Bakkt, a platform for managing digital assets, has now stated it would discontinue its consumer app in favor of interacting directly with companies to provide them “with crypto and loyalty experiences for their customers through SaaS and API solutions.” On March 16th, there will be a final shutdown of the

February 14, 2023 1 min read

SEC Scrutiny Against Paxos Led Massive Binance Withdrawals

Since the announcement of the US Securities and Exchange Commission (SEC) action against Paxos and its stablecoin Binance USD, the largest cryptocurrency exchange Binance has experienced a spike in withdrawals from its users.  The stablecoin BUSD also known as Binance USD, was introduced in 2019 by Binance and Paxos. Then

February 14, 2023 2 mins read

Huobi Announces Shut Down of Huobi Cloud Wallet as of May 2023

Huobi, a cryptocurrency exchange, has stated that, due to “strategic and product adjustments,” it would no longer provide its Huobi Cloud Wallet service after May 2023. According to a post on Huobi’s help page, the multitoken wallet service will no longer get updates or bug fixes as of February 13.

February 14, 2023 1 min read

Crypto Exchange Binance Withdraws Tron Network Withdrawal Fees Hike

As a result of user criticism, the biggest cryptocurrency exchange by trading volume stated on Saturday that it has restored previously-set withdrawal limitations on the Tron network. After the Tron DAO voted to change the energy pricing technique used on the network, Binance announced that it will be increasing fees.

February 12, 2023 1 min read

Binance Incorporates zk-SNARKs Into Proof-of-Reserve Verification System

Binance, a cryptocurrency exchange, stated on February 10 that it will be using zk-SNARKs. As part of its proof-of-reserves verification system. A cutting-edge technology that the company claims would enable it to validate its reserves in a more secure, transparent way. Proof-of-reserve verification became an important part of the cryptocurrency

February 11, 2023 1 min read

Bit2Me Collaborates With Mastercard To Offer Crypto Debit Card

As crypto-backed debit cards gain popularity, the overlap between Web2 and Web3 technologies increases. The biggest Spanish bitcoin exchange, Bit2Me, made the announcement about their new cashback debit card with Mastercard on February 10. Bit2Me CEO and co-founder Leif Ferreira told that he believes the widespread acceptance of this “revolutionary”

February 11, 2023 2 mins read

Swapzone Announces Listing of SHIB, Bone and Leash on its Platform

Swapzone, a prominent decentralized cryptocurrency exchange aggregator, has added support for the Shiba Inu (SHIB), Bone ShibaSwap (BONE), and Doge Killer (LEASH). With SHIB being the most traded token among the top 100 ETH whales, it follows the trend of the increased attention paid to Shiba Inu lately by cryptocurrency

February 10, 2023 1 min read

Binance to Adjust Tron (TRX) Network Withdrawal Fees

Binance will change withdrawal fees on the TRON (TRX) Network in accordance with the most recent proposal 83 that the TRON (TRX) community accepted in order to switch the energy charging system to a dynamic energy model. #Binance will adjust the TRON Network Withdrawal Fees. This adjustment is in line

February 10, 2023 1 min read

Robinhood Proposes Buying Back Shares Bought by Former FTX CEO SBF

On Wednesday, Robinhood Markets announced that it will attempt to buy back shares. Acquired by former FTX CEO Sam Bankman-Fried, Whose 7.6% ownership in the firm is still a contentious aspect. In both Bankman-Fried’s criminal prosecution and the bankrupt exchange’s bankruptcy. On an earnings discussion with investors and analysts. CEO

February 9, 2023 1 min read