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SEC Chair Gary Gensler Remains Tight-Lipped on Future of Spot Bitcoin ETFs
30.11.2023
Source: Pixabay Securities and Exchange Commission Chair Gary Gensler said he would not “pre-judge” the future of spot Bitcoin ETFs when asked if the SEC would take any action soon regarding the matter. Speaking at a conference hosted by the Healthy Markets Association on Wednesday, Gensler...
15 Best Instant Withdrawal Casinos in Australia
30.11.2023
Most online casinos require 24-48 hours to approve withdrawal requests. That said, there are also gambling sites that offer instant payouts, meaning you’ll receive your winnings in minutes, not days. Read on to explore the 15 best instant withdrawal casinos in Australia. Not only will...
Report: Operator of South Korean Crypto Exchange Upbit Sees a Nearly 40% Drop in Operating Profit
30.11.2023
Dunamu, the operator of the South Korean crypto exchange Upbit, recently said it had realized an operating profit amounting to $79 million in the third quarter of 2023. Virtual asset valuation losses contributed to the 81.6% drop in the operator’s net profit for the period. Operating Profit...
How DeFi Can Bridge the Forex Gap in Africa, According to Banking CEO
30.11.2023
Source: AdobeStock / Confidence Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said. Canza website stresses that access to financial services and products is “a...
Philippines Securities Regulator Says Binance Is Operating Without a License
30.11.2023
Crypto exchange Binance is not a registered corporation in the Philippines hence its activities in the country are not above board, the Asian country’s securities regulator has said. The regulator warned of a possible jail term for individuals found enabling Binance’s activities in...
Trust Wallet Warns Users May Face Transaction Delays and Missing History Amidst Bitcoin Node Instability
30.11.2023
Image Source: Pixabay Popular cryptocurrency wallet Trust Wallet has alerted users about an ongoing issue with the Bitcoin (BTC) node that may result in transaction delays and missing transaction history. In a Thursday post on X (formerly Twitter), Trust Wallet said they are “experiencing...
BNB’s Tech Roadmap for Opbnb Targets 10,000 Transactions per Second
29.11.2023
In a six-month roadmap unveiled on Nov. 29, the BNB Chain development team said it is targeting 10,000 transactions per second and fees of $0.001 on the layer two (L2) solution Opbnb. Sometime between 2024’s second and third quarters, the objective will be to lower the gas limit per block...
Paxos Receives Approval To Issue Stablecoins In Abu Dhabi
29.11.2023
Source: Pixabay Crypto firm Paxos has secured two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market. The company said in a press release published on Wednesday that the approvals would allow Paxos to issue stablecoins and provide cryptocurrency...
‘Stagnant’ BTC Price and Rate Hikes Drove Down Crypto Miner Canaan Inc’s Revenues in Q3
29.11.2023
Canaan Inc, the crypto miner and mining rig producer, said the company’s overall revenue in Q3 stood at $33.3 million or some $40 million lower than the Q2 revenue. According to the company’s CEO, stagnant bitcoin prices and rate hikes by the U.S. Federal Reserve were some of the...
Animoca Brands Now the Largest Validator on TON Network
29.11.2023
Animoca Brands is now TON blockchain’s largest validator and will henceforth “provide funding, research, and an analytics platform.” The software company said Animoca’s collaboration with TON further reinforces its commitment to the latter’s ecosystem. The Animoca...
Tron Blockchain Founder Justin Sun Rejects Reports Linking His Protocol to Terror Funding
29.11.2023
Tron blockchain founder Justin Sun has rejected suggestions that his protocol is increasingly being used by terrorist organizations. Sun said Tron’s top priority remains maintaining decentralization as well as making sure users’ assets remain safe. A new report suggests that between...
KyberSwap’s $47 Million Hacker to Propose Deal in Upcoming Statement
29.11.2023
Source: KyberSwap The KyberSwap hacker has indicated plans to propose a deal, with a statement expected on November 30. Following last week’s $47 million exploit of KyberSwap, the hacker has left a message on the network reinstating the inclination to negotiate, with plans to release...
Ukrainian Lawmakers Mull Two Crypto Tax Bills
29.11.2023
Source: Mariana Ianovska/Adobe Ukrainian lawmakers are set to debate two crypto tax bills, as Kyiv looks to raise money from crypto traders. Per Minfin and PSM7, Yuriy Boyko, a member of the National Commission on Securities and the Stock Market, confirmed that the regulator was the author of...
Coinbase CEO Brian Armstrong: Binance Settlement Marks a Turning Point for Crypto
28.11.2023
Coinbase CEO Brian Armstrong. Source: Source: Getty Images In an interview with CNBC, Coinbase CEO Brian Armstrong has expressed optimism about the crypto industry’s future following the historic $4 billion settlement imposed on Binance. In the interview, Armstrong said he believes...
China’s CBDC Development is “Already On Track” and Nearing Completion: Ex-PBOC Governor
28.11.2023
Source: Pixabay Former Governor of China’s central bank PBOC is all optimistic about the country’s central bank digital currency (CBDC) nearing completion. Speaking at a conference in Honng Kong on Monday, Zhou Xiaochuan, the 75-year Chinese economist, said that a ‘digital yuan’ is “already...
TORN Token Price Tanks 60% Following Binance Delisting News – Here’s What Happened
28.11.2023
Source: Adobe / maurice norbert TORN, the governance token of the Ethereum-based coin mixing protocol Tornado Cash, lost more than half of its value within just an hour on Monday after Binance said it would delist the token. From trading at a price right around $4 at 6 am UTC time on Monday, TORN...
Crypto Exchange OKX Officially Debuts in Brazil, Offers Trading With Advanced Features
28.11.2023
Source: Pixabay Crypto platform OKX announced its official launch in Brazil, offering users with advanced crypto features including trading and staking rewards. The roll-out would feature a Web3 wallet in Brazil, providing a secured and trusted gateway to DeFi and crypto trading. The company said...
KyberSwap Retrieves $4.7 Million After Security Attack
27.11.2023
Source: Pixabay The decentralized exchange protocol recovered the funds following a security attack last week. After the initial attack last week, KyberSwap said that it had lost a total of $47 million from its concentrating liquidity pools. Yesterday, a portion of the funds recovery...
Hong Kong Authorities Investigate $15.4 Million Scam on Hounax: Report
27.11.2023
Source: Pixabay Police in Hong Kong have begun investigating the crypto trading platform after more than 130 people said they had been scammed. South China Morning Post reported on Saturday that Hong Kong authorities had vowed to make arrests soon in light of reports of over $15.4 million being...
Fast-growing Tron Preferred over Bitcoin by Terrorist Groups: Report
27.11.2023
Numerous terror organizations are now utilizing Tron over Bitcoin, according to a new report by Reuters released Monday. Tron’s popularity is on the rise “Earlier it was Bitcoin and now our data shows that these terrorist organizations increasingly favor Tron,” said Mriganka Pattnaik, CEO...