Binance Opens a Regional Hub in Georgia | Binance Blog
With its new regional hub in Georgia, Binance moves to establish a strong presence in the region and advance Web3 education and adoption.
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With its new regional hub in Georgia, Binance moves to establish a strong presence in the region and advance Web3 education and adoption.
Didn’t catch the last episode of Binance Talks? Find out exactly what you missed when it comes to Web3 and AI in the crypto space.
Binance’s CEO responds to the complaint filed by the CFTC
The following is a copy of a letter sent to US Senators Warren, Van Hollen and Marshall. It has been reprinted here in its entirety in an effort to be more transparent in our dealings with regulators as well as to give an insight into some of the chall…
Safeguard your account from Binance impersonators. Learn how scammers build trust, along with tips to identify and report fake Binance profiles in this week’s edition of Know Your Scam.
The public testnet will help developers improve the resilience, performance, and security of ShimmerEVM.
Shares of Paychex Inc. PAYX powered up 4.2% in premarket trading Wednesday, after the human resources outsourcing services company reported fiscal third-quarter earnings that beat expectations and lifted its profit growth outlook, citing “remarkable re…
Liquid staking protocol Lido (LDO) said it would stop providing staking services for Polkadot (DOT) and Kusama (KSM) on August 1.
The post Lido to sunset staking on Polkadot, Kusama by August appeared first on CryptoSlate.
Bitcoin rose above $28,000 on March 29, recovering from regulatory pressures caused by the Commodities Futures Trading Commission (CFTC) filing against Binance.
The post Bitcoin reclaims $28,000 despite regulatory woes from Binance lawsuit appeared first on CryptoSlate.
Bitcoin surged higher on Wednesday, as markets reacted strongly to better-than-expected consumer confidence figures in the United States. Data from the Conference Board showed that its monthly survey rose to a reading 104.2, better than the 101 sum expected. Ethereum also climbed, moving above $1,800. Bitcoin Bitcoin (BTC) once again moved above the $28,000 level […]
The latest price moves in bitcoin (BTC) and crypto markets in context for March 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The Royal Mint in 2022 had been tasked by the government with creating a project in what was then the red-hot space.
Illumina Inc. ILMN activist shareholder and billionaire Carl Icahn told The Wall Street Journal he’d like to see the return of ex-CEO Jay Flatley to replace the gene sequencing device maker’s current CEO Francis De deSouza. Icahn spoke to the newspaper…
ETC Group, a digital asset-backed securities provider, announced today that it would list Europe’s first index-based crypto ETP based on an index from Morgan Stanley. The ETP will be based on the MSCI Digital Asset Select 20 ETP and is set to launch on Germany’s Deutsche Börse XETRA in April.
The post Europe is getting its first ETP based on a Morgan Stanley index appeared first on CryptoSlate.
Marko Kovac said the Terraform Lab founder’s extradition proceedings would follow a criminal case for ID document forgery
The cryptocurrency market cap saw net inflows of $70 billion over the last 24 hours and currently stands at $1.19 trillion — up 5.44% from $1.12 trillion.
The post CryptoSlate wMarket update: XRP leads top 10 as BTC breaks $28,000 once again appeared first on CryptoSlate.
Shares of Minnesota-based Stratasys Ltd. SSYS shot up 7.7% in premarket trading Wednesday, after Israel-based Nano Dimension Ltd. NNDM said it increased its bid to buy the fellow 3D printer maker to $19.55 a share. Nano Dimension’s stock rose 2.3% in t…
A new Senate Finance Committee report from the Democratic staff alleges that Credit Suisse CS violated key terms of a plea agreement with the Justice Department. The report alleges Credit Suisse transferred nearly $100 million of funds from a family of…
First Republic Bank stock FRC is down 1% as the most active stock in premarket trading on Wednesday with volume of more than 1.2 million shares. Separately, a six-person wealth adviser team from First Republic Bank has joined Rockefeller Capital Manage…
The fallout from the collapse of SafeMoon’s liquidity pool on March 28 continues as Gate.io suspends deposits and withdrawals of the token.
The post Gate.io suspends withdrawals of SafeMoon following public burn bug exploit appeared first on CryptoSlate.
According to a report, the recently arrested Terraform Labs co-founder Do Kwon was able to register a company in Serbia just a few weeks after Interpol issued a Red Notice for him. Lawyers that helped Kwon form a company in Serbia reportedly said they were not aware of Interpol’s Red Notice against their client. Do […]
Much of the testing of Ethereum’s major upgrades, such as the Merge, have been conducted on Goerli.
Shares of Macy’s Inc. M fell 2.1% toward a six-month low in premarket trading Wednesday, after the department store chain said Chief Executive Jeff Gennette plans to retire at the end of the fiscal year, after nearly seven years in the role and 40 year…
A BNB Smart Chain (BSC) user has proposed lowering the network’s transaction fees to increase its competitiveness against rival blockchain networks.
The post BNB smart chain (BSC) receives user proposal for lower transaction fees appeared first on CryptoSlate.
The total market cap (TMC) of crypto assets lost nearly half of its value between January 2022 and September 2022, according to a recent report by crypto intelligence company CipherTrace.
The post CipherTrace report reveals almost 50% of crypto total market cap was lost in 2022 appeared first on CryptoSlate.
Bitcoin.com, a global leader in accessible cryptocurrency products and education, has taken another step forward in enhancing user experience by integrating HAPI‘s service into the self-custodial Bitcoin.com Wallet and onboarding the HAPI token on its Verse DEX with a USDC/HAPI trading pair. Bitcoin.com and HAPI are now offering highly attractive yield on the USDC/HAPI Farm. […]
Bugs, server crashes and scammers continue to plague crypto airdrops. Will regulatory pressures be next?
The tool suite was designed to be an easy onramp for web2 developers transitioning to web3 and developers from other chains who want to test out Algorand.
Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama.
Shares of Biomea Fusion Inc. BMEA slumped 2.0% in premarket trading Wednesday, after the biopharmaceutical company said it launched a $125 million public offering of common stock. The offering comes after the stock rocketed a record 99.0% on Tuesday to…
The U.K. Competition and Markets Authority followed through on a threat made last week to refer the agreed acquisition by Broadcom AVGOof VMware VMW for further review. The regulator said Broadcom said it would not be offering any undertakings to quell…
The 3AC founders will be found in contempt of court if they fail to reply to the order.
Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff.
Coin Center posted a scathing assessment of the RESTRICT Act – saying the bill proposal could be used to ban crypto.
The post Potential crypto ban: Coin Center raises the alarm on the RESTRICT Act appeared first on CryptoSlate.
One observer said poor order book depth is primarily responsible for bitcoin’s rally, while others pointed to the cryptocurrency’s sound money appeal and Fed pivot speculation as bigger catalysts.
A single credit-default swap trade, worth just €5 million, may have sparked Deutsche Bank’s share-price slump on Friday and is being probed. Bloomberg News reported, citing people familiar with the matter. The report said there’s no indication of any n…
The Bank of England’s upcoming crypto regime would try to ensure that funds are returned to customers when certain crypto firms enter a crisis.
Shares of German microchip maker Infineon Technologies XE:IFX rose as much as 8% as it upgraded its 2023 view, citing “resilient business dynamics in its core automotive and industrial segments.” Infineon said it now expects second quarter revenue abov…
Quick Take Yesterday, $200 million worth of Bitcoin was withdrawn from exchanges.
The post Bitcoin bulls rejoice: YTD high in sight – further $200M BTC withdrawn from exchanges appeared first on CryptoSlate.
The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42 Cloud and R3. According to the central bank, the digital currency initiative is expected to “further position and solidify the UAE as a leading global financial hub.” CBDC Strategy to Focus on Three Pillars The […]
XRP led gains in major tokens on positive sentiment, but might face a sell-off in coming days.
Tether (USDT), bitcoin (BTC), ether (ETH), binance usd (BUSD) and bnb coin (BNB) make up around 81% of Binance’s total balance.
A Delaware bankruptcy judge approved the sale of the bankrupt company’s assets to Abu Dhabi’s investment arm.
A publicly-available token burn function in the contract allowed attackers to manipulate the protocol, some said.
According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to […]
Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.
Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts.
Binance CEO Changpeng Zhao (CZ) has addressed the allegations against him by the U.S. Commodity Futures Trading Commission (CFTC). “We do not agree with the characterization of many of the issues alleged in the complaint,” the executive stressed. CZ Responds to CFTC’s Allegations The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), published a blog […]
Bitcoin is flat, but ether is up, on potentially favorable comments by the CFTC before Congress.
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says the current banking crisis has pushed the U.S. economy closer to a recession. “We have fundamental issues, regulatory issues facing our banking system,” the Fed official stressed. Neel Kashkari on U.S. Economy, Banking Crisis, Recession Federal Reserve Bank of Minneapolis President Neel Kashkari […]
Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. “That would mean the end of the U.S. dollar,” she said, predicting that “there would be a complete implosion of the global economic […]
The liquidity pool (LP) for the DeFi project SafeMoon has been compromised, according to a statement from the project on Twitter on March 28.
The post SafeMoon’s liquidity pool compromised; public burn bug to blame appeared first on CryptoSlate.
The Federal Deposit Insurance Corp. (FDIC) is trying to hurry the stranded crypto customers out the door of the temporary entity that holds the assets of the former Signature Bank, asking them to cash out by next week – whether they have a new bank or …
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with […]
The budget for 2023 also includes that OSFI will consult federally regulated financial institutions on guidelines for publicly disclosing their exposure to crypto-assets.
The popular project, which launched in September 2022, is using a cross-chain bridge to bring its 15,000-edition generative art collection to Polygon.
STX has gained 23% in March and is up 350% over the past year.
The crypto revolution was supposed to make finance more decentralized, but much of the industry is centralized. Regulatory pressure could change that.
A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the […]
Users will receive a transferable non-fungible token representing their request withdrawal for their staked ether.
U.S. stocks ended modestly lower on Tuesday, as Treasury yields rose, keeping pressure on the rate-sensitive Nasdaq Composite Index. The Dow Jones Industrial Average DJIA shed about 37 points, or 0.1%, ending near 32,394, while the S&P 500 index SPX fe…
The service is currently available in the U.S., UK, EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”
The largest cryptocurrency by market capitalization has changed hands within a narrow range over the past 24 hours following the CFTC’s filing against Binance and its CEO, Changpeng Zhao.
The CFTC’s lawsuit against Binance and CEO Changpeng Zhao noted at least three U.S.-based quantitative firms that were active on the exchange.
With the ink still drying on its Binance action, U.S. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam reiterated Tuesday that he believes ether is a commodity – a potentially controversial assertion that seems to counter what his cou…
Lucid Group Inc. LCID plans to lay off roughly 18% of staff, which would mean more than 1,000 job cuts, according to a Tuesday report. Insider reported that the electric-vehicle maker revealed the plans in an all-hands meeting and internal memo Tuesday…
President Joe Biden on Tuesday made additional comments about Monday’s school shooting in Nashville, saying it’s “absolutely heartbreaking.” Biden also said: “It’s senseless. You know, those children should all be with us still.” In addition, the presi…
Shares of Affirm Holdings Inc. AFRM were dropping 8% in Tuesday trading after Apple Inc. AAPL said it had finally “introduced” its buy-now-pay-later service, called Apple Pay Later. “Starting today, Apple will begin inviting select users to access a pr…
“This is a big deal,” Timothy Massad told CoinDesk TV’s “First Mover” regarding the agency’s action against the largest crypto exchange in the world.
Oil futures finished at their highest in more than two weeks on Tuesday, with prices finding support from a pullback in banking concerns, strength in Chinese energy demand and news of a short-term oil-supply disruption. Natural-gas futures, meanwhile, …
AMC Entertainment Holdings Inc.’s AMC stock jumped 15.6% Tuesday after the Intersect reported that Amazon.com Inc. AMZN is weighing an acquisition of the movie theater chain and meme stock darling. Citing multiple sources close to the discussions, the …
In a move to assuage European regulatory officials, Microsoft Corp. MSFT says it will change its cloud computing practices to settle antitrust complaints filed by its smaller rivals, according to a Reuters report. The software giant has presented a pro…
>>> Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Gold futures settled with a gain on Tuesday to recoup some of their losses from back-to-tack session declines. As the tensions in the banking sector “have come off, so has the gold price,” said said Rhona O’Connell, head of market analysis, EMEA & Asia…
European regulators on Tuesday gave the nod to Alphabet Inc.’s GOOGLGOOG Google in its pursuit of Photomath, a Croatian mathematics app. In a statement, the EU Commission said the acquisition would not reduce competition in the markets for “online home…
>>> Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Financial Services and Markets Act amendment, which would enable the new rules, will soon be discussed in Parliament.
The index, which measures the current sentiment in the crypto market, reached its highest point since 2021 last week hitting a rating of 68.
Blockchain Capital led the round for the solution that allows Ethereum stakers to reuse those tokens.
Formula 1 team Williams Racing signed U.S. crypto exchange Kraken as a sponsor after losing one of its most prominent drivers, Nicholas Latifi, who reportedly earned the team a large amount of sponsorship fees.
The newly announced startup will help developers launch Optimism-based applications.
The APT43 group steals crypto to fund operations and launders it through cloud mining services.
Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky
The CFTC on Monday filed suit against the crypto exchange and its CEO Changpeng Zhao.
Only the pool for borrowing and lending SOL tokens would be impacted by the proposed changes.
The release comes in the days after competitors, Polygon and Matter Labs, came out with their own zkEVMs.
A superseeding indictment was unveiled on Wednesday.
U.S. stocks opened mostly lower Tuesday, as investors digested fresh economic data on the trade deficit and home prices. The Dow Jones Industrial Average DJIA was up less than 0.1% soon after the opening bell, while the S&P 500 SPX fell 0.2% and the Na…
AllianceBlock, a blockchain-agnostic platform, has signed a deal with business data provider Crunchbase to import traditional finance data into the DeFi ecosystem.
Cyril Mathew previously led business development teams at Stripe and Coinbase.
Shares of Ammo Inc. POWW gained 0.7% in premarket trading Tuesday, after the online marketplace for the firearms and shooting sports industries said it would extend its share repurchase program until February 2024. The program is for up to $30 million …
Shares of Allarity Therapeutics Inc. ALLR plunged 17% in premarket trading on Tuesday after the company told investors that it’s struggled to enroll enough patients in Phase 2 studies for Ixempra and senoparib, citing the impact of the pandemic on staf…
Some analysts say Binance’s recent decision to include other stablecoins in its zero-fee trading program could have contributed to lesser dependence on BUSD.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Shares of Viking Therapeutics Inc. VKTX soared about 45% in premarket trading on Tuesday after the company said it started a Phase 1 clinical trial evaluating an oral version of its dual glucagon-like peptide 1 (GLP-1) and glucose-dependent insulinotro…
Shares of Intra-Cellular Therapies Inc. ITCI jumped about 15% in premarket trading on Tuesday after the company said its experimental treatment for major depressive disorder met the primary endpoint in a Phase 3 clinical trial. The drug, lumateperone, …
Crypto rules form part of a money-laundering overhaul supported by the European Parliament Committees
Shares of Occidental Petroleum Corp. OXY climbed 2.3% in premarket trading Tuesday, after the oil and gas exploration and production company was upgraded at TD Cowen, citing a “superior” risk-reward balance. Analyst David Deckelbaum lifted his rating t…
Oil and gas developer and producer Spartan Delta Corp.CA:SDEDALXF said Tuesday it agreed to sell its Gold Creek and Karr Montney assets in Canada to Crescent Point Energy Corp. for C$1.7 bln ($1.42 bln). The company will pay a sale dividend of C$9.50 p…
Shares of Walgreens Boots Alliance Inc. WMB rallied 2.6% in premarket trading Tuesday, after the health care services and drug store chain reported fiscal second-quarter profit that beat expectations, but fell from a year ago due in part to lower COVID…
Germany’s competition regulator, the Bundeskartellamt, said it’s launching an investigation into Microsoft MSFT on whether it is of paramount significance for competition across markets. “Such a finding would allow us to take action at an early stage a…
D.A. Davidson on Tuesday hiked its price target by $200 to $1,025 a share for First Citizens Bancshares Inc. FCNCA but reiterated its neutral rating after a big rise in the stock in the previous session on the bank’s plan to buy the bulk of the Silicon…
Low liquidity means wave of buy or sell orders can have an outsized impact on bitcoin’s market price.
Shares of McCormick & Co. Inc. MKC rose 1.3% in premarket trading Tuesday, after the flavor and spices company reported fiscal first-quarter profit that declined but beat expectations, as sales rose to a record amid strength in the flavor business and …
The association has received sponsorship from crypto investment firm Geometry Research and StarkWare Industries – the software company behind StarkNet, a layer 2 Ethereum zero-knowledge rollup scaling solution.
Pay with GGives and get rewards and perks!
The post Use GGives in PowerMac stores and get a chance to be one of 15 winners of Apple AirPods Pro appeared first on GCash.
Withdrawals are coming! The Shapella network upgrade will activate on the Ethereum network at epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023 Stakers & node operators should read this post as well as the Withdrawals FAQ From now until April 5…
The Fananees characters have become an integral part of Ramadan celebrations for many families in the Middle East. This year they come to Binance thanks to their debut NFT collection.
9 Ways to Discover Upcoming NFT Projects
From data mining to smart contract writing, explore the relationship between blockchain developers and artificial intelligence software used to help build blockchains.
Discover the latest and biggest product developments across the Binance ecosystem.
In the spirit of transparency, we want to explain more about the recent pause on trading and our standard operating procedure.
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. […]
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon Valley […]
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth […]
The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, […]
Xrp moved back towards a five-month high on Monday, as prices surged for a third straight session. The token formerly known as ripple was one of the very few gainers to start the week, as markets mostly consolidated. Polygon edged closer to a multi-week low to start the week. XRP XRP, formerly ripple, rose for […]
Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin. With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin. Moreover, the company also paid off its loan from troubled Silvergate Bank in full. Microstrategy Buys More Bitcoin Nasdaq-listed Microstrategy Inc. […]
Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired. First Citizen Bank agreed to buy approximately $72 billion in SVB assets, at a discounted rate of $16.5 billion. Ethereum continued to trade under $1,800 on Monday. Bitcoin Bitcoin (BTC) started the […]
Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while defi is seen as “a fantastic proof of concept,” widespread adoption of this alternative to traditional finance is only possible […]