The global crypto market seems to be recovering from the prolonged bear market. And the traditional banking crisis gives positive movements to digital assets and gains investors’ attention. There are thousands of different cryptocurrencies, ranging from the two largest, Bitcoin and Ethereum, to prominent altcoins like Dogecoin and Tether circulating
LBank, a top cryptocurrency exchange, had a busy schedule in Dubai recently as they participated in several important events in the city. From March 8th to 9th, the LBank team attended the highly anticipated EXPO event, where they had the opportunity to meet and network with users, showcase their platform,
In light of recent concerns about a possible network vulnerability, THORChain has temporarily suspended network operations. Following concerns of a possible vulnerability with a THORChain dependency that may harm the network, THORChain went to Twitter on March 28 to say it has paused all trade. THORChain stated the move was
Plans to introduce a government-backed “NFT for Britain.” As planned by crypto-friendly Prime Minister Rishi Sunak, have been scrapped in the United Kingdom. As part of the government’s aim to make the UK a worldwide hub for crypto-asset technology and investment. Chancellor of the Exchequer Sunak requested in April 2022
Bankrupt cryptocurrency lender Voyager Digital had its $1.3 billion asset sale to Binance U.S. put on hold by a federal court on Monday, March 27. This comes on the heels of a lawsuit filed against Binance and its founder CZ by the Commodity Futures Trading Commission (CFTC) for violating federal
A multi-year relationship between Gucci and Yuga Labs, the firm behind well-known NFT lines including Meebits, Bored Ape Yacht Club (BAYC), and CryptoPunks, was recently revealed. A press announcement states that the connection between fashion and entertainment in the Metaverse will be the primary focus. The new initiative further establishes
U.S. officials have accused Binance, the biggest cryptocurrency exchange in the world, of breaking the law in an attempt to step up their crackdown on the cryptocurrency industry. The cryptocurrency sector has been quick to focus on the CFTC’s designation of cryptocurrencies like Bitcoin, Ethereum, and Litecoin as commodities. One
The U.S. regulatory crackdown on the crypto sector continues with the latest being Binance. The biggest cryptocurrency exchange, Binance Holdings Ltd., and its CEO, Changpeng “CZ” Zhao, have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for allegedly breaking trading and derivatives rules. On Monday, the CFTC filed
OKX, a cryptocurrency exchange, revealed its plans for development for the year on Monday with the release of the OKX public chain development roadmap. OKB Chain (OKBC) is a public chain project started by OKX in February with the intention of developing a ZK-based Layer 2 scaling solution for the
The cryptocurrency exchange Binance said on Monday that it will be opening a new regional center in Georgia. This is in line with its effort to increase talent acquisition, promote blockchain education, and speed up cryptocurrency adoption in Eastern Europe and Western Asia area. After announcing a series of strategic
