WazirX accounts Unfrozen by India’s Enforcement Directorate. Finance Minister brought the illegal loan apps with connections to China into the spotlight. WazirX, a cryptocurrency exchange, announced on Monday that, more than a month after the Enforcement Directorate (ED) of India had frozen its bank accounts had been “Unfreeze.” The ED
The stablecoins code was released into GitHub by its developers. Over-collateralization ensures the new currency will maintain its $1 peg in the market. With the DeFi protocol Curve Finance, a new dollar-pegged stablecoin may soon be available. On Tuesday, the stablecoins code was released into GitHub by its developers. The
Musk has pledged $44 billion to purchase Twitter for $54.20 a share. Musk alleged that Twitter misrepresented the prevalence of spam accounts. Elon Musk, CEO of Tesla, tweeted out a snapshot of many fictitious accounts purporting to be Binance CEO Changpeng Zhao’s replies to Musk yesterday and claimed that “90%
Meirelles is all set to join Binance’s advisory board. In 2003, Henrique Meirelles was elected president of the Central Bank of Brazil. Despite the ongoing Crypto Winter, the world’s biggest exchange by trading volume, Binance, is making strides to grow its staff. A former governor of Brazil’s central bank has
The new digital economic zone will assist companies make the switch to blockchain. Collaboration would attempt to establish a “virtual free zone” similar to Dubai’s. Binance and Nigeria are in talks to establish a blockchain-based digital economic zone in Nigeria. The team at Binance has been on a massive expansion
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
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
CZ explains that Chen is actually a coworker he met through a mutual friend. CZ responded to criticism in a blog post published by Binance on Thursday. Changpeng Zhao (CZ), CEO of Binance, responded to allegations that the company is a “criminal entity” and “secretly [belongs] in the pocket of
After starting the month at $24,000, the Bitcoin/US Dollar pair has lost 14% this month. CZ mentioned that it’s been five years since bitcoin hit $20k for the first time. If current trends continue, Bitcoin (BTC) might have its worst August performance since the 2015 bear market next month. According
The crypto community on Twitter concluded that CZ was making a jab at FTX. SBF said he would be willing to collaborate with the FDIC in the future. When Binance’s CEO, Changpeng “CZ,” Zhao, heard about the widely publicized problem of trading jitters on other cryptocurrency exchanges, he expressed worry
