Cryptocurrency exchange Binance is preparing to pay a hefty settlement to Canadian authorities after fresh charges of money laundering. Binance was fined $6 million Canadian dollars by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) on May 9. This amount equals $4.3 million. Criminal charges including money laundering
Lucie, a marketing specialist for Shiba Inu, has recently emphasized the importance for SHIB enthusiasts to stay vigilant of the meme coin’s performance, particularly in relation to Bitcoin, the leading cryptocurrency. This advice comes as both digital assets displayed similar price movements during a market-wide rebound, suggesting a closely intertwined
As the broader crypto market continues to move through a bearish phase, Kaspa (KAS) emerges as a notable exception, demonstrating resilience and bullish momentum in its price movements. Despite a general market downturn, KAS has managed to not only hold its ground but also record significant gains. Kaspa’s Market Position
The $570 billion insurance behemoth MassMutual has taken a daring step into the world of digital assets, mirroring the increasing public acceptance of cryptocurrencies. It has recently come to light that MassMutual’s 13F filings reveal the company’s exposure to Bitcoin ETFs. This strategic decision shows that conventional financial institutions are
Chiliz, an industry-leading blockchain provider for sports and entertainment, and SBI Digital Asset Holdings Co., Ltd. (SBI DAH), the digital asset division of SBI Holdings, plan to form a Joint Venture (JV) in Japan. With this collaboration, Japanese sports fans will have unprecedented access to tokens from some of the world’s best
Unexpected alliances and endorsements can often drive significant attention and market movements. Recently, one such occurrence has caught the eye of investors and enthusiasts alike: a prominent figure in the Polygon (formerly Matic Network) community has publicly endorsed a relatively obscure Solana meme coin known as Hump. This endorsement comes
While the global crypto market is experiencing a decline, THORChain, the liquidity protocol native token RUNE, surged over 13% in the past 24 hours, rising from $5.35 to $6.11 and claiming a top spot among gainers. The token had been relatively stable, trading within the range of $4.95 to $5.54
Solana (SOL), one of the leading cryptocurrencies, has encountered a modest downturn in the past 24 hours, signaling a slight deviation from its recent upward trajectory. As of the latest data, SOL is down by 3% within this timeframe, accompanied by an 11% decrease in trading volume. Last seven days,
The data researchers at CryptoQuant have said that the Dencun upgrade has rendered ether inflationary once again, which might lead to the loss of its characteristic as “ultra-sound” money. Since the Merge, when Ethereum switched from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, the amount of ether burned
Retik Finance (RETIK) is generating significant buzz in the cryptocurrency sphere as a potential rival to XRP, with projections suggesting a meteoric rise to $5 by December 2024, starting from a humble $0.15 in May. Let us delve deep into the fundamentals of Retik Finance, its innovative features, market potential,
