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Unauthorized Crypto Custody: BaFin Cautions Consumers About MEXC


Germany’s Federal Financial Supervisory Authority (BaFin) has warned consumers about the crypto exchange MEXC, saying it is offering crypto-related financial services “without the authorization.” “BaFin investigates the company MEXC,” the title of the warning published on the German regulator’s...

Base announces shifting test network from Goerlito Sepolia


Base is moving the test network from Goerli to Sepolia. The objective is fairly simple: Base wants to create a unified ecosystem and foster an environment for app development. Meaning, it is more than just a technical requirement to make the shift. Creating a more unified ecosystem is an attempt...

Solana is likely to exit the bearish sentiments


Solana has published its report for the third quarter of 2023, showing signs that it may eventually exit bearish sentiments in the coming days. Key metrics show that the circulating market cap has increased by nearly 17% on a Q-o-Q basis, as has the revenue in USD and SOL. Further strengthening...

Binance France Director Steps Down Amid Ongoing Senior Leadership Exits


Binance France's general manager has decided to step down from her role after one year and six months, adding her name to the list of senior executives to leave the largest crypto exchange this year.... Read More: Binance France Director Steps Down Amid Ongoing Senior Leadership Exits

Can we safely turbocharge asset swapping across exchanges by going off-chain?


In the realm of blockchain technology, the quest for a higher transaction per second (TPS) rate is considered paramount for the continued success of any project. Similarly, the allure of accelerated asset swapping across different exchanges is undeniable; however, the intrinsic mechanisms of block...

Avalanche Blockchain Developer Looks to Expand in India, Hires Key Positions


Ava Labs, the crypto firm supporting the Avalanche blockchain, is reportedly having plans to partner with Indian government agencies and institutions to expand its operations and help build applications on Avalanche (AVA). As a part of its expansion plans, the firm has hired Devika Mittal of...

US Treasury Imposes Sanctions on Crypto Exchange Linked to Hamas Financing


The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a crypto exchange in Gaza that is involved in Hamas fundraising.  The targeted exchange, known as Buy Cash, operates from Gaza and is alleged to have played a role in facilitating terror...

Russian ‘Crypto Queen’ Suspected of Sending Coins to Ukraine


Russian police think that a “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” may have sent tokens to support Ukraine’s military. Valeria “Bitmama” Fedyakina was detained by police in September after an “acquaintance” accused her of fraud. She remains in custody, and a news network...

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