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Crypto Exchange Kraken Is Considering Going Nuclear
2.7.2024
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk
Binance.US Challenges SEC Over ‘Control Person’ Allegation
2.7.2024
The United States subsidiary of the world’s biggest cryptocurrency exchange, Binance.US, is ready to counter the Securities and Exchange Commission (SEC). The SEC claims that the exchange offered unregistered investment products and violated the anti-fraud provisions. Binance US did not take...
German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure
2.7.2024
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings
Singapore ups crypto exchanges risk factor under new law update
2.7.2024
The update aims to prevent Terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business, and transport hub
ASI token merger phase 1 results in delisting of AGIX, OCEAN
2.7.2024
The initial phase of the ASI token merger sees AGIX and OCEAN tokens integrate into Fetch.ai’s FET, with limited exchange support
Binance.US 'prepared' for SEC legal showdown
2.7.2024
Binance.US is gearing up for an extended legal battle with the SEC, emphasizing its commitment to compliance and criticizing the agency’s enforcement tactics
Crypto Exchange Bingx Now English Football Club Chelsea’s Training Wear Partner
2.7.2024
Chelsea Football Club and their principal partner, Bingx, say they have taken their partnership to the next level. Bingx, a leading cryptocurrency exchange, has transitioned from being a sleeve partner to becoming the official training wear partner for Chelsea’s men’s team. Fans worldwide will...
Tokyo Stock Exchange-Listed Metaplanet Boosts Bitcoin Holdings
1.7.2024
Metaplanet, listed on the Tokyo Stock Exchange under the ticker 3350, announced on July 1 that it has made an additional bitcoin purchase. Following the company’s disclosure on June 24 about plans to acquire BTC worth 1 billion yen ($6.2 million), Metaplanet has initiated the purchase with...
Experts say latest SCOTUS opinions will limit SEC power over crypto
1.7.2024
The conservative members of the U.S. Supreme Court sided with two majority opinions that could have lasting implications for federal agencies to enforce laws
US Marshals Service Taps Coinbase for Digital Asset Management
1.7.2024
The U.S. Marshals Service (USMS) has chosen Coinbase Prime to safeguard and trade its “Class 1” (large cap) digital assets. This decision by a division of the U.S. Department of Justice comes after a thorough evaluation process. What This Means for Coinbase and the Crypto Industry This...
Coinbase will custody digital assets for US Marshals Service
1.7.2024
The crypto exchange said the federal agency had selected its institutional investing arm “to provide custody and advanced trading services” for large-cap digital assets
Gemini and Peter McCormack’s football club sign a 5-year Bitcoin sponsorship deal
1.7.2024
Gemini has announced a five-year sponsorship deal with Real Bedford, a football club co-owned by Peter McCormack. The objective is to support football’s success while enhancing children’s education opportunities. The sponsorship agreement includes an investment of $4.5 million in April...
Sony Aims to Relaunch Crypto Exchange WhaleFin
1.7.2024
In this post Japan’s Sony Group will officially onset into the crypto industry with a new exchange/ The new exchange will focus on user experience The Japanese tech behemoth Sony Group will restart a cryptocurrency exchange it acquired back in 2023. WhaleFin, a Japanese crypto exchange...
Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency’s Depreciation
1.7.2024
Labeling cryptocurrency a scapegoat, similar to blaming parallel market traders for the Nigerian currency’s woes, will not solve the underlying problems. Proactive preparation for consequential innovations is far preferable to reactive measures. The blockchain and crypto industry is still...
Blackrock’s Bitcoin ETF Starts Trading in Chilean Stock Exchange
1.7.2024
Last week, the Ishares Bitcoin Trust (IBIT) arrived at the Santiago Stock Exchange, the main financial market of Chile. The leading spot bitcoin exchange-traded fund (ETF) instrument, which was approved this year by the U.S. Securities and Exchange Commission (SEC) will now allow Chilean investors...
Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer
30.6.2024
In the first half of 2024, the Nigerian currency depreciated by nearly 40%, making it the worst-performing currency during that period. Meanwhile, the Kenyan shilling appreciated by 20.7%, ranking it as the best performer. The depreciation of the Nigerian naira was primarily driven by U.S. dollar...
Crypto Exchange Binance Takes Action Against Account Misuse
30.6.2024
Cryptocurrency exchange Binance has announced measures to address the misuse of account features on its platform, aimed at preventing unfair advantages such as better fee rates. Enhanced monitoring, investigations, and user reporting channels are part of the initiative, with rewards offered...
Several Sleeping Bitcoin Wallets Reactivate After Years of Inactivity
29.6.2024
According to data, several longtime holders have recently reactivated wallets containing hundreds of bitcoins for the first time in years. One inactive address, created on April 1, 2013, transferred 126.65 BTC valued at $7.63 million, marking its first transaction in over 11 years. Hundreds...
Court allows most SEC claims to proceed in Binance suit
29.6.2024
Judge Amy Berman Jackson however dismissed the SEC’s claim that BNB is traded illegally on secondary markets, citing the Ripple decision
U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge
29.6.2024
A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws