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Binance CEO Says Nigeria’s Detention of Employee on ‘Spurious’ Charges Sets ‘Dangerous Precedent’
8.5.2024
Binance CEO Richard Teng has warned that Nigeria’s decision to invite and subsequently detain mid-level employees on what he calls “spurious” charges sets “a dangerous precedent for companies worldwide.” Teng stated that certain lawmakers in Nigeria demanded a significant...
Crypto Trading Firm Arbelos Markets Raises $28 Million in Oversubscribed Investment Round
8.5.2024
Crypto principal trading firm Arbelos Markets has successfully raised $28 million in an investment round that was significantly oversubscribed.
The post Crypto Trading Firm Arbelos Markets Raises $28 Million in Oversubscribed Investment Round appeared first on Cryptonews
Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years
8.5.2024
The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers while Treasury writes a report
The Protocol: From 'Node Sales' to 'Address Poisoning,' the Money's in Crypto
8.5.2024
In this week's issue of The Protocol newsletter, we dive into the crypto industry's fundraising method du jour – it's all about the decentralization! PLUS: Polyhedra says its ZK prover is 2x faster than anyone else's
DeFi lending protocol Nexo allocates $12M for ecosystem incentives
8.5.2024
The rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform
Terra Luna Classic Price Prediction as LUNC Rallies 4% Despite Failed Governance Proposal – Can It Sustain the Momentum?
8.5.2024
The Terra Luna Classic price (LUNC) has bounced 4% on Wednesday, despite a governance proposal to prevent double network validating falling flat and a stagnant tone to trade across the broader crypto market.
The post Terra Luna Classic Price Prediction as LUNC Rallies 4% Despite Failed Governance...
Ethereum Proposal by Vitalik Buterin Introduces Advanced Account Abstraction Features
8.5.2024
A new Ethereum Improvement Proposal, EIP 7702, spearheaded by Vitalik Buterin and fellow collaborators, aims to refine account abstraction on the Ethereum network, enhancing quantum resistance and compatibility with existing standards. EIP 7702 Targets Enhanced Security and Compatibility According...
Last Chance to Buy Solana’s Greatest Multichain Meme Coin, $DOGEVERSE, In $17 Million Presale
8.5.2024
Wednesday, May 08, 2024 – There’s not long left now to buy Solana’s greatest multichain good boy Dogeverse before his month-long presale concludes. The $DOGEVERSE token has already taken in well over $13 million toward its $17 million presale target. Crypto’s latest Shiba Inu-inspired meme...
Between days in court, Donald Trump will meet crypto enthusiasts for NFT dinner
8.5.2024
Anyone who spent at least $4,653 on Trump’s ‘Mugshot’ NFTs will be able to have dinner with the former president in Florida on May 8
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
8.5.2024
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to...
Restaking Is Hot in Ethereum and Entering Solana. Should We Worry?
8.5.2024
The Lehman Brothers-driven global financial crisis of 2008 showed the danger of spreading money around too much
Stablecoin Surge: Tether's Headroom for Growth
8.5.2024
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish
What Technical Analysis Tells Us About the Bitcoin Market
8.5.2024
The recent downturn in BTC may have some way to travel, according to Katie Stockton, Managing Partner of Fairlead Strategies
What do crypto market makers actually do? Liquidity, or manipulation
8.5.2024
The role of crypto market makers is poorly understood: do they simply ensure crypto trades go through… or do they manipulate crypto markets?
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
8.5.2024
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive...
Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk
8.5.2024
The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual assets and deceiving the public by impersonating Elon Musk.
The post Hong Kong Cracks Down on Fake Crypto Exchange Allegedly...
Tether scales crypto payments in Eastern Europe with new investment
8.5.2024
The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan
Robinhood favored to prevail in potential crypto court case against SEC
8.5.2024
Analysts at Keefe, Bruyette & Woods (KBW) have weighed in on the potential legal battle between Robinhood and the U.S. Securities and Exchange Commission (SEC), expressing confidence that the popular trading platform would likely emerge victorious in any crypto-related court case. This...
Chainalysis sets up regional HQ in Dubai amid local crypto boom
8.5.2024
Chainalysis relocates regional headquarters to Dubai reflecting the UAE’s progressive stance toward blockchain technology
Most FTX Creditors to Receive Over 100% Repayment, Court Document Shows
8.5.2024
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate, Alameda Research. This fund will ensure payments of...