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Crypto Isn’t Going Anywhere: Industry Leaders Optimistic Despite Binance Crackdown
22.11.2023
Source: Adobe / XaMaps Following Binance’s massive $4.3 billion fine and founder and CEO Changpeng “CZ” Zhao’s decision on Tuesday to step down from the company, industry leaders have been reassuring the community that crypto is here to stay, and that it’s likely to come out even...
DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal
21.11.2023
The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $4.3 billion to settle with the law enforcement authority. This significant development...
505 of 700 OpenAI Employees Demand Board Resign Following Sam Altman Firing, Threaten to Walk
20.11.2023
505 OpenAI employees have signed a letter demanding the board of directors at the artificial intelligence company step down following the sudden ousting of co-founder, Sam Altman, on Friday. Over 500 OpenAI employees threaten to walk Kara Swisher, a podcaster for New York Magazine, tweeted...
Concero Collaborates With Bitcoin.com and Integrates VERSE Onto the Platform
20.11.2023
PRESS RELEASE. Concero.io announces a partnership with bitcoin.com ‘s Verse Ecosystem and takes the next step in tackling centralisation within the industry. With synergies of both companies being aligned around self-custody and ease of use, this collaboration will allow users to interact with...
Microsoft and Tencent Join Forces with Infura for Blockchain Infrastructure
16.11.2023
Microsoft Office / Source: Adobe Crypto infrastructure giant Infura is taking its first step toward decentralizing core components of its service following years of criticism that the company is a ‘single point of failure’ for Ethereum. Over a dozen Web2 giants including Microsoft and Tencent have...
Blackrock Officially Submits Ethereum ETF Proposal to US Securities Regulator
16.11.2023
Blackrock, the world’s largest asset manager, has taken a significant step by officially filing its Ethereum Trust S-1 form with the U.S. Securities and Exchange Commission (SEC). This move is to introduce a spot ethereum exchange-traded fund (ETF) on Nasdaq. This development comes on...
MasterCard Startpath Member Polytrade Moves to 2.0: Partners With Ondo, OpenEden, Maple, 4K, Goldfinch, and Others to Create Marketplace for RWAs
16.11.2023
PRESS RELEASE. Polytrade, a leading real-world asset protocol, is taking a major step in its evolution, demonstrating its unwavering commitment to addressing the critical issues surrounding real-world assets. The platform is changing the way RWAs are aggregated and serves as a comprehensive...
Ethereum Platform Infura's Step Toward Decentralization Includes Microsoft, Tencent
15.11.2023
Infura, from the Ethereum developer ConsenSys, is so dominant that it's been cast as a potential single point of failure. Now it's creating a "decentralized infrastructure network" to help protect against outages – enlisting a "federated" group of partners
NFT Giant Opensea Retrenches an Unknown Number of Employees
9.11.2023
Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea,...
Turkey in "Final Stage" of Bringing Crypto Legislation as Last Step to Get off FATF's Grey List: Minister
1.11.2023
Turkey is in the "final stage" of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force's (FATF) "grey list
Starknet Foundation Rewards Early Contributors with STRK Tokens before Trading Unlock
31.10.2023
The Starknet Foundation has taken a step to acknowledge the early contributors to its network by allocating 50 million STRK tokens. This gesture comes even though these tokens are locked and not yet tradable until April 2024. Starknet, a Layer-2 blockchain network built atop Ethereum, aims...
PancakeSwap Integrates Bril’s Portfolio Manager to Diversify Liquidity Pools
30.10.2023
As decentralized finance (DeFi) continues to plug along in its quest to capture market share, PancakeSwap, one of the leading decentralized exchanges, has recently taken a step toward optimizing its service offerings. On Monday, PancakeSwap announced a collaboration with DeFi protocol Bril Finance...
The Brand New Scorpion Casino Website Will Release on November 1, 2023 – 20 New Features to Step Up the Game
30.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino’s new look will be out on November 1, 2023. The new website will feature a refreshing new design and user interface. The launch comes with 20 new features that will...
VanEck Files Amended Application for Bitcoin ETF with SEC
30.10.2023
New York-based asset management firm VanEck has taken a significant step towards launching a spot Bitcoin exchange-traded fund (ETF) by submitting an amended application to the United States Securities and Exchange Commission (SEC). In a notable departure from the strategies followed by other...
Ethereum’s Dencun Upgrade Is a Step Toward a Scalable Settlement Layer: Goldman Sachs
27.10.2023
The upgrade will enhance the blockchain’s scalability using rollups, will optimize gas fees and improve the network’s security, the report said
Taiwan Advances Crypto Regulation as Draft Act Passes First Reading in Parliament
27.10.2023
Taiwan parliament, the Legislative Yuan, has passed the first reading of a proposed crypto law that would regulate the crypto asset industry. Taiwan has taken a significant step toward regulating the crypto sector by proposing a special crypto law, which has passed its first reading at...
Step into the profit zone with Uniswap, Bitcoin Spark, and Hedera
26.10.2023
The fast-paced crypto arena presents profit and growth potential within high-performing platforms with use cases and enormous contributions to the rapidly evolving landscape of decentralized technologies. Uniswap, Bitcoin Spark, and Hedera present unique avenues to harness the potential of...
Bitfinex Launches 36-Month Tokenized Bond
25.10.2023
Bitfinex Securities, a subsidiary of the Bitfinex cryptocurrency exchange, has announced the launch of a tokenized bond. This development represents a significant step in the convergence of traditional finance and the world of blockchain and digital assets. ????Bitfinex Securities Announces...
Egypt Becomes First MENA Country to Issue Chinese Yuan-Denominated Bonds
24.10.2023
Eygpt has reportedly become the first Middle East North Africa (MENA) region country to issue so-called “panda bonds” after it issued Chinese yuan denominated bonds worth $479 million. Issuing panda bonds marks another step in Egypt’s attempts to move away from costly dollar...
FTC Warns Consumers Crypto Deposits Are Not FDIC Insured
17.10.2023
The U.S. Federal Trade Commission (FTC) has warned consumers that crypto deposits are not insured by the Federal Deposit Insurance Corporation (FDIC). “That money isn’t FDIC insured or protected if the crypto company goes under,” the agency cautioned. “If something happens,...