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Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps
1.6.2023
At a time when USDT is touching new market cap highs, the other stablecoins are struggling to keep their market dominance
Binance Labs co-leads in funding Fusionist: Boost Web3 gaming
1.6.2023
Binance Labs, which is the venture capital wing of Binance, turned out to be a co-leader in a seed funding round amounting to $6.6 million towards Fusionist, which is a Web3 gaming company. This is in line with the company’s vision of backing the initial phase of Web3 gaming projects and helping...
Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure
1.6.2023
Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March
Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhao
1.6.2023
Acquiring a bank wouldn’t solve the issues with banking for Binance or others, the CEO of the largest crypto exchange is convinced. Speaking in the aftermath of the collapse of crypto-friendly banks in the U.S. and amid Binance’s issues with payment providers in Australia, Changpeng Zhao said...
Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion
31.5.2023
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion. Bitcoin Mining...
Bybit Follows Binance’s Footsteps, Exits Canadian Market Amid Regulatory Concerns
31.5.2023
In the wake of Binance’s departure from Canada, cryptocurrency exchange Bybit has announced its exit from the nation as well, citing “recent regulatory development” as the reason. Effective May 31, Bybit stated that it would cease accepting applications from Canadian residents....
Price analysis 5/31: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
31.5.2023
Bitcoin and most major altcoins are struggling to hold on to their higher levels, indicating that the bears have not given up yet
Bybit Joins Binance in Exit from Canadian Crypto Market – What's Going On?
31.5.2023
Crypto exchange Bybit has announced plans to exit Canada, citing growing regulatory scrutiny in the country.
"In light of recent regulatory development, Bybit has made the difficult but necessary decision to pause the availability of our products and services," the crypto platform said in...
Crypto Exchange Binance to Remove Privacy Coins From 4 European Markets
31.5.2023
Multiple reports have revealed that Binance, the crypto exchange with the highest trade volume, has announced the removal of 12 privacy-focused cryptocurrencies from its markets in Spain, France, Poland, and Italy. Commencing on June 26, 2023, users residing in these four countries will no longer...
Binance Chief Communications Officer Responds to Reports on Job Cuts
31.5.2023
Binance’s chief communications officer denied that the world’s largest cryptocurrency exchange is cutting 20 percent of its staff, following news reports about the job cuts on Wednesday morning.
Binance’s Patrick Hillmann retweeted a post from independent journalist Colin Wu, who had reported...
Binance plans new round of layoffs amid increased regulatory scrutiny
31.5.2023
Binance's chief strategy officer Patrick Hillmann hinted on Twitter the resource reorganization is meant to address growing regulatory pressures targeting the crypto space
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
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: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
31.5.2023
Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New York Department of Financial Services (NYDFS). Since February 13, 2023, 10.62 billion BUSD tokens have been redeemed thus far. Within the span of...
Binance Says 'Reevaluating' Roles After Report of Layoffs
31.5.2023
The firm will "focus on talent densite" ahead of the next bull market, a spokersperson told CoinDesk
Bitcoin Trading at Discount on Binance Australia Due to Upcoming Payment Cutoff – Here's What You Need to Know
31.5.2023
As Binance Australia is facing a cut off from a key local on-ramp service, traders have been trading Bitcoin (BTC) and other cryptocurrencies at a discount on the platform. ...
Read More: Bitcoin Trading at Discount on Binance Australia Due to Upcoming Payment Cutoff – Here's What You Need to Know
Binance to delist privacy tokens in France, Italy, Spain and Poland
31.5.2023
Binance users in France, Italy, Poland and Spain will no longer be able to buy or sell 12 privacy tokens starting from June 26
Binance collaborates with CBF, launches Fanverse of Brasileirão Assaí
31.5.2023
The Brazilian Football Confederation, also known as CBF, has taken a step forward in the digital world. It has partnered with Binance to launch the Fanverse of Brasileirão Assaí. Fans can participate in the series of challenges to accumulate points and swap them for something wonderful...
US Regulator Issues Warning for Firms Providing Clearings Services for Crypto
30.5.2023
A US regulator warned firms on Tuesday of the risks that come with the clearing of digital assets.
The US Commodity Futures Trading Commission issued an advisory titled, “Review of Risks Associated with Expansion of DCO Clearing of Digital Assets.”
Derivatives clearing organizations, or DCOs...
Bitcoin Trades at a 20% Discount on Binance Australia Following Banking Issues in the Country
30.5.2023
The exchange halted Australian dollar bank transfers early May
Binance considers allowing traders to secure collateral at banks: Report
30.5.2023
It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service