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.
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.
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.
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.
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.
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. […]
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.
Bugs, server crashes and scammers continue to plague crypto airdrops. Will regulatory pressures be next?
Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama.
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.
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.
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.
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…
“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.
>>> Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
>>> 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 APT43 group steals crypto to fund operations and launders it through cloud mining services.
The newly announced startup will help developers launch Optimism-based applications.
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.
Cyril Mathew previously led business development teams at Stripe and Coinbase.
AllianceBlock, a blockchain-agnostic platform, has signed a deal with business data provider Crunchbase to import traditional finance data into the DeFi ecosystem.
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.
Crypto rules form part of a money-laundering overhaul supported by the European Parliament Committees
Low liquidity means wave of buy or sell orders can have an outsized impact on bitcoin’s market price.
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.
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 […]
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as the current Ukraine-Russia war, and the worldwide battle against inflation, shift the preference of central banks for foreign currencies to gold. The proposed long-term price model shows that each troy ounce of the metal might […]
The number of irretrievably lost bitcoins has now reached 6 million, which leaves 13.3 million as coins that remain in circulation, Timothy Peterson of Cane Island Alternative Advisors has said. Peterson added that out of the 1.7 million bitcoins that will be mined in the next 100 years or more, one million coins will be […]
Week #429
The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the next two years. “Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank failures,” the group claimed. “It is imperative we restore […]
Balaji Srinivasan, former Coinbase CTO, bets $1 million that Bitcoin price will reach $1 million within 90 days due to hyperinflation in the United States.
The post Bitcoin Price to Hit $1M in 90 Days? Ex-Coinbase CTO Bets Amid Hyperinflation Fears app…
Bitcoin breaks the $28,000 barrier for the first time since June 2022, as global markets face turmoil from bank failures and inflation concerns.
The post News Bit: Bitcoin Soars to $28,000 Amid Global Market Chaos and Bank Liquidity Crisis appeared fir…
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run on smaller banks. “This is a contagion that could be spread across the entire banking system,” […]
U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of Silicon Valley Bank (SVB) and Signature Bank. She alleges that Federal Reserve Chairman Jerome Powell “bears direct responsibility” for regulatory and supervisory issues involving the two banks. Senator Elizabeth Warren Calls for Independent Investigation Into […]
According to Sharering, a blockchain-based platform enabling the creation and use of “self-sovereign” verifiable credentials, millions of potential world wide web users are still disconnected from the internet because they lack required or verifiable identities, among other things. Without such verifiable identities or credentials, many disadvantaged groups, including refugees, are thus precluded from accessing information […]
Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market capitalization has swelled to $546 billion. Global Cryptocurrency […]
Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and “bank failure.” On March 13, 2023, the search term “banking crisis” reached the top Google Trends […]
According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66 million in added fees. The Rise of Ordinal Inscriptions on Bitcoin Blockchain […]
Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Bank of Rwanda, which allow it to offer its services to more than 13 million people living and working in Rwanda. According to Flutterwave’s representative in the country, the two licenses make it possible for her company “to provide safe, […]
Speculation and debate continue to rage surrounding the current global banking debacle. Hedge fund manager Michael Burry — known for predicting 2008’s economic crisis — is drawing comparisons to the Panic of 1907, while Rich Dad Poor Dad author Robert Kiyosaki warned this week of more ‘fake money’ being injected into the U.S. economy. In […]
The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn’t think crypto is good news and highlights its flaws in an article. Head of Dutch Financial Authority Says Cryptos Are Difficult to Fathom, Vulnerable […]
Meta Platforms is cutting 10,000 jobs, cancelling lower-priority projects, and winding down efforts with non-fungible tokens on Facebook and Instagram.
The post Meta Cuts 10,000 Jobs and Refocus on Core Projects appeared first on BitPinas.
GCash, the leading mobile wallet in the Philippines, collaborates with UNO Digital Bank to offer the highest time deposit interest rate of 6.5% p.a. and up to 4.25% p.a. on regular savings in the GSave Hub, improving financial access for millions of Fi…
>>> Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
It was The Sandbox’s first cooking-themed game, where players can virtually create dishes, collect recipes, and compete to be head chefs.
The post NOT JUST A MEDIUM RARE STEAK: The Sandbox Releases Gordon Ramsay NFT Collection appeared first on BitPinas.
The SEC has halted the two entities for enticing the public into an investment solicitation, which the law requires to be licensed.
The post SEC Flags Down S&C Shamai Cloverleaf Group of Companies, Camacho Trading for Unlicensed Investment Scheme…
The BAP emphasized that the BSP’s prudential measures have enabled the Philippine banking system to withstand economic shocks.
The post No Local Bank Affected by Silicon Valley, Silvergate, Signature Bank Collapse—BSP appeared first on BitPinas.
Bitcoin reaches a 9-month high, closing at $27,467, driven by a banking crisis in the
The post News Bit: Bitcoin Hits Past $27,800, Up 65% Amid U.S. Banking Crisis appeared first on BitPinas.
Salesforce partnership with the blockchain platform marks another major company’s investment into customer engagement initiatives using Web3 technologies.
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.
The electric ex-NBA point guard is teaching sports clients to engage with communities using crypto tech.
In an age defined by disruption, legacy IP may hold the key to the next wave of digital culture, Gitcoin’s Azeem Khan writes.
TK
Last week, AI artist Claire Silver announced her NFTs would be displayed at the Louvre Museum in Paris – which The Louvre denied shortly after. Here’s what happened.
Artificial intelligence allows creators to be creative, but even sophisticated AIs are really just an advanced form or copying, says David Z. Morris. This feature is part of CoinDesk’s Culture Week.
The computer gaming firm supports royalties and by removing them, it would only “send the industry backwards, co-founder Yat Siu, said.
But instead, the firm did not provide reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership, Maria Vullo, previously a superintendent at the government department, told CoinDesk TV’s “First Mover.”