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Binance.US Taps Lesley O’Neill as its New Chief Compliance Officer


Source: AdobeStock / piter2121 Binance.US, the American subsidiary of global cryptocurrency behemoth Binance, has announced the appointment of Lesley O’Neill as its new Chief Compliance Officer.  According to a recent announcement, O’Neill brings a wealth of experience to the role, having...

2.15 Million Ethereum Poured Into Liquid Staking Protocols in 6 Months


Recent statistics indicate that in the past six months, a substantial 2.15 million ethereum has been allocated to liquid staking derivatives protocols. As of Jan. 6, 2024, Lido Finance holds a dominant share, exceeding 75% of the total deposited ether, with a massive addition of 1.7 million...

Weekly NFT Sales Record Minor Ebb While Bitcoin Maintains Dominance


According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing...

Harvesting the Digital Skies: The Controversial Practice of Airdrop Farming


As the crypto economy burgeons, a new trend called airdrop farming is taking root, offering both promise and pitfalls. The following is an exploration of this emerging practice, unraveling its intricacies, potential rewards, and the controversies it stirs. The Double-Edged Sword of Airdrop Farming:...

Social Media Buzzes with ‘Buy the Dip’ Calls Following Bitcoin’s Slide


Source: AdobeStock / REDPIXEL In a recent surge of optimism among cryptocurrency traders, social media platforms have been flooded with calls to “buy the dip” following Bitcoin’s price slide.  According to data from blockchain analytics firm Santiment, mentions of the phrase...

Radiant Capital Resumes Arbitrum Markets Operations After Security Breach


Source: DALL·E Radiant Capital has announced the reopening of its lending and borrowing markets on Arbitrum after an extensive security review. According to Radiant Capital’s recent post, this resumption came after a detailed review and resolution of the security breach that resulted in...

US SEC Cites Terraform Case in Coinbase, and Binance Rulings


Source: Pixabay The US. Securities and Exchange Commission (SEC) has cited the Terraform Labs recent ruling during the Coinbase and Binance hearings strengthening its claim that the cryptocurrency exchanges went against the securities law. On 28 December, the SEC ruled that Terraform Labs tokens...

Crypto Exchanges Witness Bitcoin Deposit Boom Amidst Ethereum Retreat


According to recent data, in the past month, the quantity of bitcoin residing in centralized cryptocurrency exchanges surged by 32,058 bitcoin. Concurrently, the ethereum reserves on these exchanges have diminished, with 262,904 ether, valued at $597.42 million, being withdrawn from trading...

Vitalik Buterin’s Endorsement Leads to ENS Token Surge


The ENS token’s recent price surge is attributed to Vitalik Buterin’s public support, who stated the need for ENS to be available on all layer two networks. Vitalik Buterin’s Social Media Post Ignites ENS Token Rally The Ethereum Name Service (ENS) token experienced an unexpected...

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