Search
Turkey Crypto Investors Rise by 12% as Inflation Continues to Plague the Country
31.8.2023
Turkish adults are increasinglyy turning to cryptocurrency investments as the country continues to suffer from soaring inflation.
According to a recent survey conducted by major crypto exchange KuCoin, over half of the Turkish population is now participating in the crypto market.
This...
Binance to Drop Support for BUSD Stablecoin by 2024
31.8.2023
Binance, the largest cryptocurrency exchanges in the world, has revealed intentions to delist eight Binance USD (BUSD) trading pairs as part of a broader plan to withdraw full support for the stablecoin by 2024.
In a Wednesday blog post, the company revealed that Binance Margin will suspend...
China Set for Digital Yuan Adoption Drive Ahead of Asian Games
31.8.2023
China is readying a fresh digital yuan adoption push ahead of next month’s Asian Games, with the nation ready to show off its CBDC to a large international audience for the first time.
Citizens in the pilot zones will be able to buy tickets for the event using the central bank’s official CBDC...
Biggest Crypto Gainers Today on DEXTools – BEPE, EMERSO, XPEPE
30.8.2023
Bitcoin's price rose to nearly $28,143 on Tuesday following a positive legal ruling for digital asset manager Grayscale. However, analysts remain cautious about the sustainability of the rally amid low spot market volumes....
Read More: Biggest Crypto Gainers Today on DEXTools – BEPE, EMERSO, XPEPE
Today in Crypto: Binance Japan to Offer 3x More Coins, HashKey Partners with imToken
30.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance Japan to Offer 3x More Coins, HashKey Partners with imToken
Prada Group Uses Blockchain Technology to Verify Authenticity of Products
30.8.2023
Prada Group, the parent company of Miu Miu, has embraced high-tech solutions like blockchain technology to combat counterfeit products.
The company, in cooperation with the Aura Blockchain Consortium, has launched blockchain services that allow customers to verify the authenticity of their...
Altcoin Season Takes Off, Viral Meme Coin Sonik Attracts $750k With Just 6 Days Left to Buy at Low Prices
30.8.2023
Wednesday, August 30th, 2023 – Altcoin season looks set to take off, and new meme coin Sonik Coin in a show of strength, has raised more than $750,000 from hungry investors.
News that Grayscale has won its bitcoin ETF case against the US Securities and Exchange Commission has lit a fire under...
UN Alerts Rapid Rise of Victims in Southeast Asia ‘Forced’ Into Crypto Scams
30.8.2023
A report from the United Nations Human Rights Office revealed that “hundreds of thousands of people” across Southeast Asian countries are being “forced” by organized criminal gangs to engage in online scams including cryptocurrency frauds and illegal gambling schemes....
Read More: UN Alerts Rapid...
DOJ Asks Court to Reject Bankman-Fried's Planned Defense, Labeling it "Irrelevant"
30.8.2023
The US Department of Justice has asked a court to reject Sam Bankman-Fried’s planned defense to blame a law firm for the FTX fraud.
In a Tuesday legal filing, the DOJ said Bankman-Fried’s defense, which argues that the disgraced crypto boss acted on the advice of previous counsel in regard to...
Robinhood Ends Crypto Partnership with Jump Trading – What's Going On?
30.8.2023
Retail broker Robinhood has reportedly ended its crypto business relationship with market maker Jump Trading, and the regulatory environment in the US may be a reason.
In 2018, Robinhood Markets Inc. decided to add cryptocurrency trading - but it needed help to do so, given the major trading...
Transport Operators in Jamaica Interested in Adopting CBDC Payments
30.8.2023
Transport operators in Jamaica have expressed interest in using the country's central bank digital currency (CBDC) for payments.
Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group (NTAG), has been actively promoting the adoption of Jam-Dex within...
China’s JD, ICBC to Launch Digital Yuan Supply Chain Financing Solution
30.8.2023
Chinese firms and commercial banks are working on new digital yuan supply chain financing solutions, with a new CBDC smart contract solution set to launch.
Per CICC (via Cnfol), the latest innovation has been developed by JD Technology, in conjunction with the Industrial and Commercial Bank...
Russian Banks to Quiz Central Bank on Digital Ruble Pilot Next Month
30.8.2023
Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month.
The Central Bank is facing a backlash from some sections of the banking industry after beginning “real-world” transactions with its CBDC earlier this month.
The megabanks Sberbank...
Cardano off SEC’s radar, claims Hoskinson; new AI altcoin makes waves among traders
29.8.2023
Many cryptocurrencies and crypto traders have felt the pressure of the regulatory crackdown launched by the Securities and Exchange Commission (SEC) of the United States. Some DeFi companies have tried to stay out of the SEC’s way to safeguard their platforms and avoid lawsuits that could...
Coinbase Probes Technical Glitch Leading to Empty Balances for Wallet Users – Here's the Latest
29.8.2023
Coinbase has resolved a technical glitch that showed empty balances for some wallets and did not allow users to create new wallets or import existing wallets.
According to an update on the company's status page, Coinbase has resolved the error plaguing its wallet.
"Customers of Coinbase Wallet...
Biggest Crypto Gainers Today on DEXTools – X–Bird, NCWW, XSHIB
29.8.2023
A U.S. appeals court overturned a previous SEC decision on Tuesday, ruling in favor of asset management firm Grayscale Investments in its effort to launch a spot bitcoin exchange-traded fund (ETF).
The unanimous verdict by the U.S. Court of Appeals for the District of Columbia could pave the...
Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'
29.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders...
Binance Crypto Exchange Gauges Complete Exit from Russian Market Amid Sanctions
29.8.2023
Binance is reportedly considering a complete withdrawal from the Russian market amid growing Western sanctions on the country.
On Monday, an exchange spokesperson told The Wall Street Journal that Binance is exploring all possible options, including a full exit from Russia.
"All options are...
Republican Trio Voices Concerns on Fed's Influence on Stablecoin Regulation
29.8.2023
Three Republican lawmakers have lashed out at the Federal Reserve regarding its recent moves to strengthen oversight of banks' cryptocurrency and stablecoin activities.
In a Monday letter to Fed Chair Jerome Powell, the lawmakers argued that these actions are undermining their efforts to pass...
Ethereum Transaction Fees Fall To Levels Not Seen Since Late 2022
28.8.2023
Ethereum’s total daily transaction fees hit an eight-month low after it plunged to 1,719 ETH approximately $2.1 million on Aug 27.
The recent decline in total gas fees can be attributed to low network activity and the rise of layer 2 scaling solutions.
According to data from on-chain analytics...