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Search Results for: rbi

Pump.fun Warns US Users of Possible Access Restrictions in 48 Hours

Pump.fun, a Solana-based marketplace for creating and distributing custom tokens, primarily memecoins, has made headlines with a peculiar warning to U.S. users. On September 10, the platform took to Twitter to issue a public service announcement: “PSA: If you are a sensitive American, please avoid visiting Pump.fun in the next

September 10, 2024 2 mins read

Successful Yacht Networking Event Hosted by LBank and Kaspa: A Night to Remember

LBank MENA and Kaspa (KAS) hosted an exclusive yacht networking event that brought together 52 attendees, including crypto enthusiasts, venture capitalists, investors, and Web3 professionals. Against the stunning backdrop of Dubai’s glittering skyline, the event served as a unique platform for like-minded individuals to connect, network, and share insights on

September 10, 2024 2 mins read

Ethereum Cofounder Vitalik Buterin Redirects Focus Away from L2 Tokens 

Vitalik Buterin’s decision to donate his L2 tokens instead of investing further highlights a critical market trend. Layer 2 solutions, such as Optimism and Arbitrum, have gained popularity. They offer much-needed scalability for Ethereum by processing transactions off-chain. However, Buterin’s recent announcement suggests he believes the market is overly focused

September 6, 2024 2 mins read

Binance CEO Richard Teng Confirms CZ Ban from Binance

Founder and former CEO of Binance, Changpeng Zhao is banned from Binance. The company has given him a lifetime suspension. Axiospro report states that he is forbidden to restrict him from returning to his leadership position at Binance. He is banned for life from the leadership under a deal with

September 6, 2024 2 mins read

Ethereum Faces Bearish Momentum Amid Sell-Offs and Market Uncertainty

Ethereum has been experiencing a bearish momentum since the 30th of July. It declined drastically from $3,361 to $2,398. This is approximately a $1000 difference. At the time of writing, ETH is trading at 2,398 a 2.50% decrease in the past week. The 24-hour volume stands at $15,518,482,552 billion, reflecting

September 4, 2024 2 mins read

Binance CEO Calls for Gambaryan’s Release Due to Inhuman Treatment

A new video circulating on social media platforms like X (formerly Twitter) shows disturbing footage of Tigran Gambaryan, Binance’s head of crime compliance, who is currently imprisoned in Nigeria. The video has sparked significant outrage and calls for his release, especially as his health reportedly worsens. This inhumane treatment of

September 3, 2024 1 min read

South Korea Regulator FSS Plans Inspection on Crypto Exchanges

The global crypto regulatory sector has shown a spike in activity in 2024. Leading nations such as the US and UK announced new regulatory plans while on the other hand, Eastern countries also made advancements. Presently, in the past day, South Korea’s regulatory body, the Financial Supervisory Services (FSS) announced

September 3, 2024 2 mins read

Toncoin Market Cap Surges Amid Telegram CEO’s Legal Turmoil

With a market valuation of $13.96 billion and more than 1.1 million daily active users (DAUs), Toncoin has lately achieved tremendous success inside the TON ecosystem. Toncoin (TON) has the largest market valuation in the TON ecosystem as of Aug. 26, according to statistics from IntoTheBlock (ITB). It reached the

August 30, 2024 1 min read

US Spot Ethereum ETFs Ends the Prolonged Outflows

After the nine consecutive days of outflows, the US Spot Ethereum ETFs witnessed a net inflow of $5.84 million. The inflows were led by BlackRock’s ETHA and Fidelity’s FETH. Conversely, Grayscale’s ETHE continues to experience outflows. According to the SoSoValue statistics, BlackRock’s ETHA ETF witnessed the largest inflow of $8.40

August 29, 2024 2 mins read