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Binance Connect to go off air on August 16, 2023
16.8.2023
Binance Connect, previously known as Bifinity, is tentatively scheduled to shut down on August 16, 2023. The crypto on-ramp and payment infrastructure went live on March 07, 2022. After a year, the service is all set to be blown out by the venture. A spokesperson did interact with the media,...
Abu Dhabi grants virtual asset firm M2 permission to offer crypto services
16.8.2023
M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets
Report: Brazilian Court Fines Mastermind of South African Bitcoin Ponzi Scheme
16.8.2023
A court in Brazil has found Johann Steynberg, the mastermind of the bitcoin ponzi scheme Mirror Trading International (MTI), guilty in a case in which he is accused of using a forged identity document. The court, however, commuted Steynberg’s three-and-a-half-year sentence to a fine of just...
Crypto Billionaire Justin Sun's Huobi-Linked Exchange WhiteBIT Raises Concerns Over Its Lending Platform
16.8.2023
An obscure exchange with connections to Justin Sun, WhiteBIT, has sparked concerns after advertising a staggering Annual Percentage Yield (APY) of 24.8% to users depositing Tether (USDT) for a year on its lending platform, Protos reported.
This rate is five times higher than the average USD money...
Solana Price Prediction as Tokenized Version of Bitcoin Prepares to Launch on SOL Blockchain – Time to Buy?
16.8.2023
The price of Solana (SOL) has dived by 6% today, with the altcoin's fall to $23.39 coming as the cryptocurrency market as a whole drops by 1.5% in the past 24 hours.
This means SOL has lost 5% in a week and 15% in a month, with today's selloff largely the result of speculation that the SEC...
ApeCoin is Going to Zero as APE Price Drops 10% in 24 Hours While New Meme Coin Sonik Goes Viral – How to Buy Early?
16.8.2023
As altcoin markets continue to take a hit, ApeCoin (APE) has fallen -10% back below the 20DMA in a tumultuous rejection from trendline resistance, leaving some fearful BAYC bagholders to question whether ApeCoin is going to zero.
This comes following a catastrophic year for ApeCoin, which...
FBI seizes almost $2M in crypto assets in three months
16.8.2023
Crypto assets seized by the Federal Bureau of Investigation included Bitcoin, Ether, Tether, Monero and DAI
PayPal Halts Crypto Sales in U.K. Until 2024 to Comply With New FCA Rules
16.8.2023
Online payment giant PayPal said it will temporarily pause crypto buying services in the UK to comply with the recent new rules for marketing cryptoassets enacted by the UK Financial Conduct Authority (FCA).
In a message to its customers on Tuesday, PayPal said that the crypto sales would pause...
Coinbase Finally Wins Approval to List Crypto Futures in U.S.
16.8.2023
The approval makes Coinbase the first crypto-first platform to offer regulated and leveraged crypto futures alongside alongside traditional spot trading
Coinbase wins NFA approval to offer Bitcoin and Ether futures in US
16.8.2023
Coinbase is preparing to roll out cryptocurrency futures trading for institutional investors in the United States soon
Bitcoin speculators now own the least BTC since $69K all-time highs
16.8.2023
Short-term holder supply has declined to just 2.56 million BTC, but the current Bitcoin market may be "top heavy," warns Glassnode
Base and Linea Users Lose $460,000 as SwirlLend Vanishes in Suspected Exit Scam
16.8.2023
SwirlLend, an Ethereum Layer 2 lending project active on the Base and Linea networks, has reportedly pulled off an exit scam that has resulted in the disappearance of an estimated $460,000 in user deposits.
According to a comprehensive on-chain analysis conducted by cybersecurity firm PeckShield...
Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023
16.8.2023
El Salvador paid $800 million in debt at the start of the year before the maturing period, raising the confidence of investors, as President Bukele says "told you so"
Major Chinese Filecoin Miner Accused of Orchestrating $83.2 Million Pyramid Scheme
16.8.2023
A Chinese local court has started the trial in the case of Shenzhen Shikongyun (Space-Time Cloud) Technology, a major Filecoin mining firm, for an alleged $83.2 million pyramid scheme.
The ongoing trial in Pingnan County in the Guangxi autonomous region involves the company's four executives...
Sei Price Prediction as Binance Listing Sends Price Soaring – New Airdrop Coming?
16.8.2023
The Sei price has rocketed by 29% in the past 24 hours, surging to $0.256859 after the new utility token was added to Binance and other major exchanges yesterday.
The native token of new layer-one blockchain Sei, which is designed to facilitate speedy cross-chain trades and transactions, SEI...
SEC v. Ripple: Judge greenlights investment banker declarant's entry
16.8.2023
The court seeks to address issues related to orders that rejected the SEC's plea to seal the Hinman speech documents and Ripple's request to seal information regarding XRP sales
7 ways to safely store your private keys
16.8.2023
Explore seven methods for safely storing your private keys to ensure security of digital assets
CertiK drops findings on alleged scammer who stole $1M in crypto
16.8.2023
The cybersecurity firm has still been unable to determine the actual names or identities of the hackers despite the findings
Cookie Coin Rockets Up 5,000% But Crypto Whales are Accumulating This Other Coin Instead – What Do They Know?
16.8.2023
DEX tokens built on Coinbase's new layer-2 blockchain have been witnessing intense price action since BASE launched on August 9, and Cookie Coin (COOKIE) is the latest entrant to undertake a sensational move this on-chain summer.
With market attention gripped to the BASE launch, recent weeks have...
Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens
16.8.2023
The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will have to meet certain requirements. Singapore...