Nynu V Jamal
SEC’s Lawsuit Against Binance Could Restrict its Expansion in Hong Kong
Gilbert Ng, a legal counsel in Hong Kong asserted that the Securities and Exchange Commission (SEC) holds a different approach to Binance when compared to its slant on Tether (USDT)....
Binance’s Deposit Volume Surpasses Withdrawal Volume: Report Says
According to the findings of the blockchain research platform Nansen, the NetFlow to the leading crypto exchange Binance over the last hour has exhibited a positive turn with more deposits...
SEC Adds a Dozen Tokens to the List of Unregistered Securities
According to the latest report, the Securities and Exchange Commission (SEC) has deemed more than $115 billion of crypto as unregistered securities. The current estimated number of “unregistered securities” came...
Binance CEO’s Cold Storage Wallet Holds 1.28% of all Bitcoin
A renowned Ordinals member Leonidas.og shared a Twitter post today asserting that centralized exchanges (CEX) and mining pools control the rare sat market. Referring to a recent tweet by the...
Binance’s Regional Market Head Rumored To Be CZ’s Successor
A recent report signaled the possibility of a new Binance CEO succeeding Changpeng Zhao, amid the US regulators’ increasing scrutiny over the crypto exchange. The people familiar with the matter...
Japan’s Banks Prepare to Use MFG’s Progmat Coin to Issue Stablecoins
Mitsubishi UFG Financial Group (MFG), a Japanese financial services company announced on June 2 that Progmat Coin, the stablecoin issuance platform of MFG would facilitate the issuance of bank-backed stablecoins...
Bitcoin Will Bounce Reaching Bullish Highs: Says Crypto Analyst
The Bitcoin technical analyst CryptoCon predicted the bullish trend of the leading cryptocurrency Bitcoin, pointing out that the Yellow 111DMA in the Pi Cycle Top Indicator has begun to “uptick”....
Rumors on Binance and Gate.io: Platforms Clarify the Issues
The leading cryptocurrency trading platforms Binance and Gate.io came forward repudiating the rumors raised against the firms the previous days. While rumors on the 20% layoff of Binance’s employees were...
Hong Kong’s SFC Releases Circular on VATPs’ New Licensing System
Hong Kong’s Securities and Futures Commission (SFC) released a circular on May 31 announcing the transitional arrangements for a new licensing system for centralized crypto trading platforms. As per the...
Bitcoin’s Fall in May Marks its First Yearly Retreat of 2023
A recent analysis revealed that the largest cryptocurrency by market cap, Bitcoin, has exhibited a massive fall in May, after reaching the 11-month high of $30,000. Since the beginning of...
XDC Network Partners with SBI Group’s SBI VC Trade Co. Ltd
The open-source blockchain protocol XDC Network has announced its partnership with the SBI Group’s crypto exchange SBI VC Trade Co. Ltd, in an attempt to establish itself as a global...
Binance Co-operating With South Korean Police on Asset Freezing System
According to a report from the South Korean media, the leading crypto exchange Binance has taken part in a “virtual asset exchange working meeting” today, organized by the National Police...
BitMEX’s Former CEO Predicts Bitcoin’s Bullish Period in 2024-2025
The American entrepreneur and former CEO of the crypto exchange BitMEX Arthur Hayes predicted the bullish tendency of the largest cryptocurrency by market cap Bitcoin (BTC) in the following years,...
Temasek is Disappointed with Investments in FTX, Says Chairman
Lim Boon Heng, the Chairman of the Singapore-based global investment company Temasek Holdings commented that the firm is “disappointed” with the outcome of its investment in the beleaguered crypto exchange...
Beijing’s Web3 Adoption Parallels Hong Kong’s Web3 Innovation
Jusin Sun commented that Beijibg’s adoption of Web3 is demonstrative of the city’s recognition of the potential of the technology. Recently Beijing released a white paper declaring the city’s intention...
US Suspends Debt Ceiling: BTC and ETH Show Price Hikes
US President Joe Biden and the Republican member Kevin McCarthy decided to suspend the US debt ceiling. The announcement has been a solace to the crypto industry which was immersed...
Worldcoin, the Biggest Onramp to Crypto; Says Blockchain Capital
Blockchain Capital commented that Worldcoin would be the biggest onramp to crypto. The firm added that World App would become the most widely adopted crypto wallet. The venture capital firm...
Anonymous Attacker Seizes Control of Tornado Cash; Steals $1M+
An anonymous attacker seized control of the Tornado Cash protocol, by exploiting a malicious proposal. Reportedly, he stole more than $1 million from the DAO’s funds. The attacker has proposed...
DCG Closes Subsidiary TradeBlock, Citing Difficult Market Conditions
Recent reports revealed that the venture capital conglomerate Digital Currency Group (DCG) has decided to shut down its institutional trading platform TradeBlock which provided trading and brokerage services to investors....
USBTC Acquires Celsius’ Assets to Become Lead Miner in the US
The industrial-scale operator of Bitcoin mining sites US Bitcoin Corporation has acquired assets from the bankrupt financial company Celsius Network, in a fierce auction. According to a press release, the...
DeSantis Promises to Protect Bitcoin and other Cryptocurrencies
Ron DeSantis, the Floridan Republican Governor, and the US Presidential candidate advocated safeguarding Bitcoin, assuring to protect the rights of individuals to hold and trade cryptocurrencies if he is elected...
Binance Freezes Accounts Connected to Alleged North Korean Cyber Crime
The leading crypto exchange, Binance, declared its involvement in the US Department of Treasury’s recent investigation into alleged North Korean cybercrime. The company revealed that it had assisted the authority...
Vitalik Buterin Introduces Pre-Crypto Game to Ethereum’s IPFS
The Russian computer programmer and founder of the leading blockchain platform Ethereum Vitalik Buterin declared via his official Twitter page the addition of the “real-time strategic game”, Slasha to IPFS....
Crypto Tracker Clarifies Misconceptions about MetaMask’s Tax Clause
The crypto portfolio tracker Accointing by Glassnode shared a series of Twitter threads clarifying the misconceptions about MetaMask’s tax clause. Countering the rumors about MetaMask’s tax clause that stated the...
ORDI Price Surges to $15 After OKX Announced ORDI Listing
OKX announced the listing of ORDI in its spot trading markets. The Ordinals deposit was scheduled to open on May 20, at 7.00 am UST. The announcement has resulted in...
