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Binance Pulls Out of German BaFin Crypto Application – What's Going On?


A month after the world’s largest crypto exchange Binance faced rejection of its crypto custody license request from the German regulator BaFin, the exchange has reportedly withdrawn its license application. “Binance confirms that it has proactively withdrawn its BaFin application,” a Binance...

SEC Appeal Can Bring More Wins To XRP, RippleLabs Legal Team Suggests


Ripple’s legal chief Stuart Alderoty says that a potential appeal by the Securities and Exchange Commission (SEC) after the recent ruling could play into the hand of the company.  Alderoty believes that any appeal by the Commission will consolidate the company’s partial win as the battle...

Biggest Crypto Gainers Today on DEXTools – X, KITE, NYAN


Blue chip cryptocurrencies are going sideways as investors await the US Federal Reserve’s upcoming policy announcement, with a 25 bps rate hike to 5.25-5.5% widely expected by market participants. The Fed’s tone on the likelihood for further interest rates hikes later this year will likely be...

DeFi Platform EraLend on zkSync Loses $3.4 Million in Blockchain Exploit


Decentralized finance (DeFi) protocol EraLend has lost $3.4 million worth of crypto in a so-called re-entrancy attack. The attack, which happened on Tuesday, exploited a vulnerability that allowed the hacker to make multiple calls to a function within one single transaction, enabling the person...

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