Binance no longer accepts Banco de Venezuela as a funding source for its P2P trading service. Similar actions were taken with Russian banks last week, so this is certainly an attempt to comply with international financial crackdown. Users in Venezuela claim that Binance has removed Banco de Venezuela as a
BitOasis, a crypto exchange based in Dubai, has raised capital from a number of sources, one of which being the Indian trading platform CoinDCX. Bloomberg reported on Friday that details of the agreement, including its worth and the parties involved, remained undisclosed. Both Wamda Capital and Jump Capital also participated
Grayscale prevailed against the U.S SEC in a historic ruling over the conversion of the Grayscale Bitcoin Trust to a spot Bitcoin ETF in a lawsuit. The Grayscale legal win might be a crucial step toward getting the first ever spot Bitcoin ETF authorized in the United States, especially in
According to a court filing made on August 29th, the Digital Currency Group (DCG) and insolvent cryptocurrency lender Genesis have reached an in-principle agreement to settle the claims of the creditors. With a severe liquidity problem ensued with the demise of cryptocurrency exchange FTX. Genesis filed for Chapter 11 bankruptcy
While major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) are trading in relatively flat ranges, XinFin Network’s native cryptocurrency, XDC, has grabbed the spotlight with a significant rally of over 19% in the past 24 hours. At the time of writing, XDC is trading at $0.06106 with a daily
DWF Labs, the global digital asset market maker, has revealed the firm sent a massive amount of the Curve DAO Token (CRV) from the world’s largest crypto exchange, Binance. Following the transactions, CRV has experienced a sudden surge of over 5%. DWF Labs(@DWFLabs) withdrew 2M $CRV($972K) from #Binance 40 mins
Binance stated that its Poland subsidiary will begin serving citizens of Belgium in compliance with a directive from the Belgian Financial Services and Markets Authority (FSMA). Binance said on August 28 that the exchange’s Polish subsidiary, Binance Poland sp. z o.o., which was formed in January with approval from Polish
Amidst a crypto market dominated by bears, the global cryptocurrency market cap stands strong at $1.09 trillion. In the past 24 hours, a minor surge of 0.27% has occurred, reflecting a notable shift of 6.62% from a year ago. While Bitcoin (BTC) asserts its authority with a market cap of
The overall crypto market seems to be stabilizing following a period of intense turbulence. At the time of writing Ethereum is trading at $1,645, up 0.82% in the last 24 hours as per CMC. However, Ethereum’s continuing decline over the previous month becomes more apparent at a wider scale as
The number of people involved in NFT trading has dropped to a level not seen in last two years. In April of 2022, the NFT market had $480,738,395 in volume. However, the weekly volume has decreased to a meagre $10,054,152 as of the end of August 2023. Moreover, in recent
