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Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability


Binance has made a significant strategic move by converting the entire pool of assets held in its emergency fund for users into USDC (USD Coin), a stablecoin issued by Circle Internet Financial.  The post Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability appeared first...

Sweden Busts 18 Data Centers for Secretly Mining Crypto


Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The post Sweden Busts 18 Data Centers for Secretly Mining Crypto appeared first on Cryptonews

Citadel-Backed Hidden Road Partners Targets $120M in Series B


Hidden Road Partners aims to secure $120 million in a Series B funding round to bolster its crypto and other trading services, targeting a $1 billion valuation. The post Citadel-Backed Hidden Road Partners Targets $120M in Series B appeared first on Cryptonews

Binance Plots Comeback to India with $2M Penalty: Report


Crypto exchange Binance is considering re-entering India’s market after having been banned there in late 2023. The potential re-entry would involve a penalty of about $2m, the Economic Times reported Thursday. The post Binance Plots Comeback to India with $2M Penalty: Report appeared first...

Ukrainian Lawmaker to Face Trial Over Alleged Bitcoin Bribes


A Ukrainian lawmaker is set to stand trial after allegedly trying to bribe a government official with $10,000 worth of Bitcoin, anti-corruption officials said on April 16. The post Ukrainian Lawmaker to Face Trial Over Alleged Bitcoin Bribes appeared first on Cryptonews

Best Crypto to Buy Now April 17 – Injective, Sui, BGB


On another bearish day in the crypto market that saw Bitcoin (BTC) knocking on the door of the $60,000 level and Ether (ETH) the $3,000 level, crypto investors are scouring altcoins markets for coins that might be the best crypto to buy now. The post Best Crypto to Buy Now April 17 – Injective...

Floki Price Prediction as FLOKI Drops 5% – Is It Over for Meme Coins?


The Floki (FLOKI) price has dipped another 5% on Wednesday to below $0.0001350 and is attempting to find a footing within recent ranges as the broader crypto market struggles. The post Floki Price Prediction as FLOKI Drops 5% – Is It Over for Meme Coins? appeared first on Cryptonews

Cyprus SEC Extends FTX Europe’s License Suspension Until September 2024


Explore the latest developments surrounding FTX Europe as CySEC extends its license suspension. Entangled in legal disputes and financial woes, the crypto firm must fulfill existing obligations while navigating an uncertain future. The post Cyprus SEC Extends FTX Europe’s License Suspension...

New Zealand Begins Plans To Introduce CBDC


An open survey on "Digital Cash," a potential central bank digital currency (CBDC), has begun, according to the Reserve Bank of New Zealand (RBNZ). This was revealed in a consultation document that the central bank published on April 17. The post New Zealand Begins Plans To Introduce CBDC appeared...

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