In the recent turn of events, the world’s largest crypto exchange by daily trading volume, Binance, has battled a series of legal charges due to non-compliance. The legal peril facing Binance and the recent multi-million settlement with the US regulatory agencies has…
In an October 27 court hearing, the founder of the FTX, Sam Bankman Fried, revisited some of the plans he had for the now-defunct crypto exchange. Shortly after the launch of FTX, the crypto mogul planned to sell his venture to the…
On Friday, September 8, a strong earthquake of magnitude 6.8 struck Morocco, leading to massive loss of lives and destruction of property. The earthquake claimed over 2800 lives and left 2,500 Moroccans injured. A press release from the Moroccan government demonstrated that…
As the crypto sector continues to evolve, speculations have mounted concerning the future of decentralized finance (DeFi). Speaking exclusively in X Space, the chief executive of Binance, Changpeng “CZ” Zhao, portrayed his bullish stance on the future of DeFi. The CEO envisioned…
An advanced report issued by Binance reveals that the crypto exchange seeks to widen its market presence in Latin America by extending its offering. The August 30 report shows that the crypto exchange has officially launched a unique crypto-to-bank account to facilitate…
An announcement conveyed by the largest crypto exchange by daily trading volume, Binance, revealed that the firm is seeking to exit the Russian market. The report demonstrated the controversial crypto exchange plans to wind down its operation in Russia due to the…
Binance, the largest crypto exchange by daily trading volume, penned a partnership agreement with Gulf Innova Co, Ltd to expand to Thailand. The announcement conveyed by Binance on May 26 revealed that the crypto exchange received the Thai digital asset operator permit…
Binance’s BNB token has posted losses in the past 24 hours after charges were filed against the company and its CEO Changpeng ‘CZ’ Zhao by Commodity Futures Trading Commission (CFTC). The exchange’s native token saw a drop of 5.5%, becoming the biggest…
Brian Armstrong, the CEO of Coinbase, has said that the firm has heard rumours regarding the imposition of a prohibition on staking by the US SEC. The CEO noted in a post on his official Twitter account that the Securities and Exchange…
The previous year had posed a lot of challenges to the crypto industry. They included liquidity issues, huge declines in top assets’ value, as well as a great number of bankruptcies. The market additionally went through several security threats with hackers stealing…
Solana (SOL) has become one of the top losers in the list of top cryptocurrencies in the past 24 hours. This is because two of the largest crypto exchanges have made alarming announcements that do not go well with the Solana network….
The world’s biggest crypto exchange, Binance, announced recently that it was suspending deposits on the Solana blockchain of stablecoins USDT and USDC. Since the announcement, it has reopened USDT deposits on Solana. USDT is the stablecoin that belongs to Tether, while USDC…
Changpeng Zhao, the chief executive of Binance, who is also known as ‘CZ’ elaborated on the reasons behind the crypto exchange’s co-investment of $500 million in the acquisition of Twitter by Elon Musk. The CEO of the largest crypto exchange in the…
The largest crypto exchange in the world ‘Binance’ has made yet another announcement about its business expansion. This time, Binance is opening up its business offices in Brazil. The cryptocurrency exchange is eager to gain international recognition and compete with major crypto…
In the old times, before the intervention of digital computing elements and a more advanced banking system, all modes of finance and investment were controlled from centralized locations that we today call banks. The stock market, forex market, and financial institutions are…
Bitcoin and Ethereum gained 65% and 408%, respectively, in 2021. Binance Coin (BNB) is the native coin by Binance Smart Chain. Analysts believe crypto tokens associated with metaverse and GameFi will boom in 2022. Of the top three leading cryptocurrencies by market…
ZebPay Trade Desk stated that Polkadot gained more than 15% to a new ATH after crossing the $50 level overnight. The impressive movements came as the crypto project awaited the parachain auction that would happen soon. Top cryptocurrencies reentered the green during…
As per the latest reports, the largest cryptocurrency exchange, Binance has made an exciting announcement. The exchange has announced that it will be allocating a huge fund in the form of an accelerator fund. The exchange has announced that with the launch…
Briefly – Binance Coin has completed the double bottom formation. The altcoin has broken out of the declining resistance level. BNB price is moving up at the moment. As of today, BNB completes its double bottom pattern. With such price movements, the…
