Binance has launched a new subpage to serve its U.K. customers in light of changing regulations. The page, www.binance.com/en-GB, will offer services that comply with local regulations, including fiat and cryptocurrency deposits and withdrawals, spot trading, margin trading, conversions, NFT markets, crypto lending, Binance Pay, and the ICO platform Launchpad. However, U.K. users will not […]
The Hong Kong government has formed a task force to monitor and investigate illegal activities related to virtual asset trading platforms. This move follows the JPEX crypto exchange scandal last month, which resulted in multiple arrests and the platform shutting down services. It is alleged that JPEX defrauded investors out of $204 million.The task force […]
14 years ago, Bitcoin (BTC) made history by surpassing the $0 mark. With just $1, one could own 1309.03 BTC. Since then, the value of a single Bitcoin has grown by an astonishing 3.6 billion%. If someone had invested just $1 in BTC on Oct. 5, 2009, they’d be sitting atop a staggering $36 million […]
The IOTA Foundation has recently unveiled its Layer-1 staging network Shimmer and its Iotabee DEX, a decentralized trading exchange. The DEX has managed to increase the total value locked (TVL) on the Shimmer blockchain by a staggering 4x or $600,000. The ShimmerEVM also offers a bridge between the IOTA Network and the Ethereum applications.The IOTA […]
XRP, the cryptocurrency of the blockchain enterprise Ripple, is currently the most trending crypto asset due to its recent legal victories. Its trial against the US Securities and Exchange Commission (SEC) in April 2024 is seen as pivotal for its price. Other factors that could influence its valuation include partnerships with banks like HSBC and […]
The SHIB community recently fell victim to a crypto scam attack on their official telegram account. Cybercriminals seized the SHIB telegram account for hours, impersonating the community’s admin and sending fake BONE airdrops through click baits on the channel to steal member’s personal information and crypto assets. Prominent Shiba Inu team member, Ragnar Shiba, took […]
FriendTech, a rapidly growing crypto-social platform, has recently been the target of a security breach. A scammer was able to steal $385K in Ethereum from four FriendTech users within 24 hours by using the SIM-swapping method. This technique allows criminals to take control of a user’s phone number and access their online accounts. The surge […]
The cryptocurrency sector has seen significant events in September, with the stablecoin market capitalization reaching a new low of $124 billion. This is the lowest amount since August 2021 and is 18 consecutive months of decline. Despite this, the market has shown strength by rebounding swiftly and stabilizing.Stablecoins, also known as “pegged” or “linked” cryptocurrencies, […]
Paul Grewal, a Coinbase executive, believes that if the U.S. continues to delay in creating crypto regulations, the industry will suffer the same fate as the semiconductor industry.The semiconductor industry has been struggling in the U.S. due to a lack of regulation and the inability to compete with foreign markets. Grewal believes that the same […]
Stars Arena, a fast-growing social app, announced a major attack on Saturday, resulting in the theft of over $3 million. The developers have since secured the resources to close the gap and are conducting a major security audit. Meanwhile, Memeinator, a new cryptocurrency, has raised over $643k in its token sale. It seeks to become […]
