Sun, October 4

Binance Offers Zero Trading Fees For Ethereum Ahead of Merge

This only applies to trading between Ethereum and BUSD. Coinbase is evaluating the possibility of keeping both cryptocurrencies listed. Since the release of Bellatrix, the upgrade to Beacon Chain that paves the way for the Ethereum Merge, is scheduled for September 6th. The prominent exchange Binance has stated that it

September 4, 2022 2 mins read

CZ Reveals Binance Shared Required Information to DOJ

Binance was subpoenaed to provide any and all data pertaining to any and all files. Exchanges must register with the Treasury Department and adhere to AML rules. Binance was requested by U.S. authorities to hand over records. This was pertaining to the company’s anti-money laundering measures, as well as messages

September 4, 2022 2 mins read

Blackrock To Use CF Benchmarks for Bitcoin Price Indexing

 Adoption of a benchmarking standard is a necessary part of its crypto strategy. Since its 2017 inception, CF Benchmarks has established an impressive reputation. The world’s biggest asset manager, BlackRock, has almost finished securing its foothold in the crypto space. The asset management behemoth is aiming to use a Kraken

September 4, 2022 2 mins read

Binance Helps Narrow Down Two Suspects of Kyberswap Exploit

The Intel had been sent to the Kyber team as confirmed by CZ. Kyberswap announced a bounty of 10% to the hacker. Crypto exchange Binance has helped investigate a $265,000 breach on decentralized cryptocurrency exchange KyberSwap by narrowing down two suspects. On September 1st, an attacker used a front-end flaw

September 3, 2022 2 mins read

Snapchat Calls End to Web3 Division, Lays Off 20% Employees

The business has eliminated all Web3 employees as part of its ongoing reorganization. Jake Sheinman, head of Snap’s Web3 team, announced his departure. On Friday, Snap Inc. CEO Evan Speigel revealed in a statement that the business has taken the painful choice to lay off 20% of its employees. According

September 3, 2022 1 min read

Aave Community Decides to Halt ETH Borrowing During Merge

The plan to temporarily halt ETH borrowing has support with 96.18% in favor. About 214 thousand AAVE have been utilized by voters to accept the proposal. After a vote, the Aave community decided to put an immediate stop on Ethereum borrowing until the Merge. Due to the substantial dangers associated

September 3, 2022 2 mins read

Thailand SEC Imposes New Guidelines on Crypto Advertising

The risk warning, according to the Thailand SEC, must be both clear and prominent. The Thailand SEC said that promotion must be conducted via authorized means only. The Thailand SEC has lately reexamined advertising regulations and imposed certain new guidelines, including a mandate for companies to inform consumers of investing

September 3, 2022 2 mins read

LUNC Drops Down, After Witnessing a Significant Surge

LUNC experienced a sudden downfall, registering an 11.76% fall in the past 24 hours. Terra Classic (LUNC) is currently trading around $0.000238. The Terra Classic (LUNC) witnessed a massive surge during the past few days. Recently,  LUNC’s value skyrocketed and it registered a nearly 62% increase in a day. The

September 3, 2022 2 mins read

FIFA Announces NFT Platform Launch Ahead of World Cup

In anticipation of the 2022 World Cup, soccer’s international governing body, FIFA, has announced the establishment of an NFT platform for digital collectibles related to the sport. FIFA+ Collect, which will debut later this month. Furthermore, it will provide NFTs depicting iconic events, artwork, and iconography from the world of

September 3, 2022 2 mins read

Cardano Vasil Hard Fork Date Confirmed by Developers

This is part of a larger attempt to make Cardano a serious rival to Ethereum. The update will enhance the platform’s developer experience for Web3 developers. Cardano’s Vasil hard fork, developed by Input Output and the Cardano Foundation, will take place on September 22, barely one week after the expected

September 3, 2022 2 mins read