Binance and Changpeng Zhao (CZ), the ex-CEO of the crypto exchange, have been ordered by a U.S court to pay $2.7 billion and $150 million, respectively, to the U.S Commodity Futures Trading Commission (CFTC). The settlement has been approved by the court, according to the CFTC. After reviewing their actions,
Ethereum, the second-largest cryptocurrency, has experienced high price volatility and remained under bearish control for over three days. However, today marks a potential recovery as ETH surged by 3% in the past 24 hours, paralleling the global market cap’s 4% surge within the same timeframe. ETH hit a two-week low
BRC-20 tokens are experiencing significant traction in the market, particularly ORDI, SATS and MUBI, showcasing remarkable gains for token holders over the past week. The surge in these BRC-20 tokens’ value follows Bitget’s recent listing announcement, contributing to their upward trajectory. Ordinals (ORDI) The token connected with Bitcoin, specifically the
The 24-hour trading volume of known NFT markets, including OpenSea, Blur, and Magic Eden, was eclipsed by the NFT arm of crypto exchange OKX. According to DappRadar, the OKX NFT Marketplace had a daily trading volume of over $50 million at roughly 10:00 am UTC on December 18. The platform’s
Cipher Mining (CIFR), a publicly listed Bitcoin mining company, is expanding its operations with a new massive acquisition of cryptocurrency mining hardware. On December 18th, Cipher announced a new arrangement in which the company will purchase 37,396 Antminer T21 miners from Bitmain, a crypto mining behemoth based in China. Furthermore,
The largest supplier of blockchain and cryptocurrency infrastructure in the world, Binance, is happy to announce that its worldwide platform and technology services have successfully completed the System and Organization Controls (SOC) 2 Type II compliance audit. This accomplishment is the most recent manifestation of the organization’s steadfast dedication to
Chiliz has shared the key moments of a record-breaking 2023 that saw new benchmarks for fan interaction and industry growth reached. While many blockchain sectors have found H1 to be difficult, SportFi, which operates at the nexus of web3 and real-world sports, has thrived. Chiliz celebrated its fifth anniversary and
The Shiba Inu (SHIB) meme coin has seen an unprecedented surge in large transactions, reaching $110.53 million in the last 24 hours, according to on-chain analytics platform IntoTheBlock. This surge, representing a remarkable 275% increase, amounts to an astounding 7.22 trillion SHIB tokens. This surge comes amid a significant price
In spite of the continuing volatility surrounding the crypto market, blockchain-based private loans have seen an unexpected upturn. There has been a 55% increase in active private loans since the beginning of the year, reaching around $408 million by November 28, according to RWA.xyz, as enterprises seek protection from the
An estimated 8,000 customers have signed up for Helium Mobile’s $20 per month unlimited mobile services since the mobile virtual network operator (MVNO) recently launched the plan in the U.S. Helium Mobile offers new members the chance to win “mapping rewards” during onboarding if they share their phone’s session connection
