Changpeng Zhao told his followers that some forces might be working on cutting off crypto companies from the world of TradFi. Cold Winter Followed By FUD 2022 was hard on the entire world and brought forth the biggest downfalls in the history of cryptocurrencies. Still, the industry survived only to suffer the scrutiny of local […]
USDC is a popular stablecoin that is pegged to the US dollar, and it has gained significant traction in recent years. However, the stablecoin market was thrown into turmoil when Silicon Valley Bank announced that it would no longer support USDC. The impact of Silicon Valley Bank’s departure on the stablecoin market Silicon Valley Bank […]
The financial authorities shut down the Silicon Valley Bank (SVB) today. This could mark the beginning of a banking crisis. The Collapse Of Silicon Valley Bank It was clear that the bank was facing serious issues as it saw its shares fall more than 60% in a matter of days. But what brought on the […]
The U.S authorities are attacking the crypto industry from left and right. Now New York is suing KuCoin. Unregistered Crypto Exchange The New York Attorney General, Letitia James, is taking legal action against KuCoin. The company operates a virtual currency trading platform. The crypto exchange can be accessed by users from all over the world, […]
Huobi Token (HT), the native token of Huobi cryptocurrency exchange, experienced a sudden drop of 90% within minutes. And then it quickly rebounded. This unexpected event happened on March 9, 2023, and left the cryptocurrency community in shock. In this article, we’ll delve into the details of this crash and what led to it. The […]
A large investor, known as a “whale,” has unstaked 50.27 million MATIC tokens and transferred half of them to Binance, according to data from blockchain analytics firm LookOnChain. Whale movements can have a significant impact on the price of a cryptocurrency, as their buying or selling can cause a shift in the market. MATIC is […]
Coinbase, one of the largest cryptocurrency exchanges in the world, has launched a new product called “Wallet-as-a-Service” that enables companies to integrate a cryptocurrency wallet into their own applications. This move is expected to bring millions of new users into the world of Web3, where blockchain technology is used to create decentralized applications. Coinbase’s new […]
Binance US, the American subsidiary of the leading cryptocurrency exchange Binance, has recently been granted court approval for its acquisition of Voyager Digital, a publicly-traded cryptocurrency trading firm. The deal is valued at $1.3 billion, which is a significant boost to Binance’s expansion plans in the US market. Court Approval for Binance US Acquisition of […]
Dumping Shitcoins Ethereum co-founder Vitalik Buterin has sold a large number of tokens, including 50 billion MOPS, 10 billion CULT, and 500 trillion SHIK. The sale has had a negative impact on these low-value projects and investors who own these shitcoins. Crypto Twitter has expressed disappointment over the sale, with some angry at projects for […]
The Pakistan Banks Association (PBA) has announced plans to develop a blockchain-based know-your-customer (KYC) platform. The initiative is part of the association’s efforts to improve compliance and reduce the risk of money laundering and terrorism financing in the country’s banking sector. The development of the blockchain KYC platform is a collaboration between the PBA and […]
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