Binance Settlements Could End Death-Spiral Fears – And Might Be Good News
The crypto exchange Binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term.
Bitcoin Shakes Off Binance News, Rises Above $37K as Spot ETF Approval Eyed
The world's largest crypto exchange agreed to settle U.S. criminal charges and its founder and CEO pled guilty and agreed to step down from the company.
Binance’s American VIPs: A Revealing Look at High-Net-Worth Influence Amid DOJ Settlement
On Tuesday, charges against crypto exchange titan Binance Holdings Limited were revealed by the U.S. Department of Justice (DOJ), which reached a significant $4.316 billion settlement with the world’s largest crypto exchange for noncompliance with…
Celestia Loses Momentum: Anticipating A Rebound Post 11% Dip
Celestia witnessed a notable decrease in its price over the current week, indicating the conclusion of its recent upward trend. Celestia’s total market capitalization dropped below $800 million as a result of this decrease. Tuesday’s…
The Protocol: CZ's out, Altman's in, and Kraken's Sued
In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now…
Celebrating Kaspa’s 2nd Birthday: $1M Airdrop Campaign With OKX, Coinpal.io
PRESS RELEASE. Massachusetts, USA, November 22nd, 2023, Chainwire. Kaspa, the revolutionary open-source, decentralized, and fully scalable Layer-1 blockchain network, is thrilled to announce its 2nd birthday celebration. To commemorate this…
Binance New CEO Affirms Strength In Company’s Fundamentals
The world’s leading cryptocurrency exchange Binance new Chief Executive Officer (CEO) and former global head of regional markets Richard Teng has recently expressed his confidence in the crypto company’s fundamentals. Binance…
BlackRock met with SEC officials to discuss spot Bitcoin ETF
Representatives from the U.S. Securities and Exchange Commission also met with Grayscale on Nov. 20 in the asset manager’s bid for listing a Bitcoin ETF.
When bitcoin adoption reaches a global scale, it is likely there will no longer be bitcoin podcasts, bitcoin conferences or even, sorry to say this, a need for a Bitcoin Magazine. However, until this point, people interested in bitcoin will be…
Ethereum L2 Blast Crosses $123 Million, Important Things To Know Before You Bridge In
Blast, a brand new Ethereum Layer 2 network, has drawn a startling amount of interest and security concerns due to a surge of investors using the network to bridge their assets. Blast Hits $123 Million In TVL Blast recently announced its mainnet…
Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil
In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto…
Why On-Chain Transaction Is the Key Blockchain Indicator
The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices.
Bit.Store Introduces Privacy-First Virtual Crypto Mastercard and Unveils Website’s New Look
PRESS RELEASE. Bit.Store, a pioneer in the Web3 revolution, is delighted to introduce its freshly redesigned website and the official release of the Bit.Store Virtual Crypto Card. With an unwavering commitment to facilitating seamless crypto…
Coinbase cites SEC action against Kraken in push for crypto rulemaking
The Nov. 22 letter claimed that "only mandamus will impel the [SEC] to fully, finally acknowledge that Coinbase's petition for rulemaking was pocket-vetoed long ago."
State Adoption: A Trojan Horse Challenging Core Tenet's Of Personal Liberty
The saying “government will ban Bitcoin” is one of the most frequently used pieces of FUD. It is something that every Bitcoiner intellectually wrestles with on their journey down the Bitcoin rabbit hole. It is a frequently cited reason by those…
Binance's DOJ settlement offered some glimmers of hope for the crypto industry
Changpeng Zhao is out at Binance, but his company lives on. That suggests tacit affirmation from the Biden administration of the crypto industry's legitimacy.
Conceptual artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits.
Panic At Binance Following CZ’s Departure? Analyzing 24-Hour Inflow and Outflow Trends
A new era for the crypto industry approaches as the world’s largest exchange, Binance, changes leadership. Yesterday, the company’s founder and CEO, Changpeng “CZ” Zhao, stepped down as part of an agreement with the US government. The deal might
Shibarium Transactions Spike 288%, But Why Is Shiba Inu Price Down Today?
Shibarium, the Ethereum Layer network from the Shiba Inu team, has had a rocky few months following its highly anticipated launch. After surging immediately following its launch, its figures dropped as interest waned. However, there has been a…
Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback
Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of $86 million. Subsequent to the heist, the stolen funds were redirected to…
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