Binance, the world’s largest cryptocurrency exchange, is continuously expanding its list of trading options on its platform to cater to user preferences and keep up with the ever-evolving market trends. The latest announcement includes the addition of new trading pairs such as DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC on Binance Spot, scheduled for release on August
Crypto
The Cardano network is on the brink of a major upgrade that will solidify its transition into a community-run ecosystem. The Chang hard fork, originally scheduled for August 27, has been delayed to September 1, 2024, to allow crypto exchanges like Binance time to prepare for the rollout. Cardano’s development is divided into five eras:
The US Securities and Exchange Commission has been cracking down on various cryptocurrency platforms, with the latest target being the popular NFT platform OpenSea. The CEO of OpenSea, Devin Finzer, took to social media to express his disappointment in receiving a Wells Notice from the SEC. This notice suggests that the non-fungible tokens available on
The Maker protocol, a pioneering DeFi lending platform on Ethereum, has unveiled a major rebranding to “Sky” in conjunction with significant upgrades to its decentralized stablecoin ecosystem. Along with this rebranding, the stablecoin DAI has been transformed into USDS, while the governance token MKR has transitioned to SKY. This move aims to mark a new
Shan Hanes, the former CEO of Heartland Tri-State Bank (HTSB), was sentenced to 293 months in federal prison for embezzling a staggering $47.1 million in a cryptocurrency fraud scheme. Hanes executed 11 unauthorized wire transfers between May and July 2023, diverting millions of dollars from the bank’s funds to a cryptocurrency wallet in a scheme
Bitcoin ETFs have been gaining significant traction in the market, with more than $500 million being allocated to the largest US-based products in the last trading week. Despite a rough start to the month, where these ETFs lost over $550 million in just three days, they have managed to bounce back and attract substantial investments.
Following the controversial arrest of Pavel Durov in France over the weekend, a wave of support has emerged from various celebrities and public figures. Notable names such as Elon Musk, Robert F. Kennedy, Vitalik Buterin, and Tucker Carlson have voiced their support for Durov amidst the legal turmoil he currently faces. The arrest of Durov
The US Securities and Exchange Commission has taken a firm stance against Hex founder Richard Heart’s efforts to dismiss the $1 billion securities fraud lawsuit filed against him. In a recent opposition brief filed in a New York federal court, the SEC argued that Heart’s motion to dismiss fails to address the well-supported allegations in
The recent announcement by the Federal Reserve regarding potential interest rate cuts has sparked discussions about the impact this decision could have on various markets, including cryptocurrencies. The U.S. benchmark rate for massive overnight money market loans currently stands between 5.25% and 5.5%. Federal Reserve Chairman Jerome Powell’s endorsement of future rate cuts has sparked
Shibarium, a layer-2 blockchain solution established on the Ethereum network, has been making waves in the cryptocurrency world. This platform was specifically crafted to nurture the growth of the Shiba Inu ecosystem by focusing on reducing transaction costs, enhancing speed, and improving scalability. Since its inception a year ago, Shibarium has achieved significant milestones and