The U.S. Court of Appeals has recently made a decision that the SEC is not the ultimate arbiter of crypto. This means that the SEC does not have the final say in the matter, and that the U.S. court system and Congress can also offer legal interpretations. This is significant due to the recent statements […]
Binance, the world’s largest cryptocurrency exchange, has removed Banco de Venezuela (BDV) from its list of accepted P2P trading payment methods. This exclusion has caused a stir among Venezuelan digital currency enthusiasts, as BDV is the country’s largest bank, with total assets of 73,222.2 million bolivars, or $4,186.5 million, and a 56.1% market share.Currently, only […]
CoinSwitch, a crypto exchange based in India, has recently cut its workforce due to the prolonged cryptocurrency winter. The exchange has laid off 44 employees from its customer support division in August, citing redundancy in roles amid the lack of customer queries. CoinSwitch stated that this decision was made to stay competitive and prioritize innovation, […]
Hong Kong’s Hashkey Exchange has recently upgraded its license to offer services to retail investors, allowing them to trade Bitcoin (BTC) and Ethereum (ETH) directly with US dollar deposits. The exchange projects that 500,000 to 1 million users could sign up on the platform by the end of the year.The decision to embrace crypto trading […]
Binance, the world’s largest crypto exchange, has removed Banco de Venezuela from its peer-to-peer (P2P) trading service. This follows similar moves with sanctioned Russian banks last week, and is likely part of efforts to comply with international financial sanctions. Banco de Venezuela is one of the largest financial institutions in the country, and was sold […]
The Federal Reserve is seemingly running interference with congressional efforts to regulate stablecoins, according to a letter recently sent to Fed Chairman Jerome Powell from Chairman of the U.S. House of Representatives Financial Services Committee Patrick McHenry and subcommittee chairs French Hill and Bill Huizenga. The legislators were objecting to two Fed letters: SR 23-7 […]
Stargate, the leading omnichain liquidity layer and native asset bridge, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable layer one. This integration will expand the reach of Tether’s Cosmos-native USDt, issued exclusively on the Kava Chain, to the Ethereum ecosystem and beyond. Stargate’s success in connecting Ethereum networks is unmatched, with 300 times more […]
Kava Chain, the Cosmos-Ethereum interoperable Layer 1, has now deployed Stargate, the leading omnichain liquidity layer and native asset bridge. This integration will expand the reach of Tether’s Cosmos-native USDt to the Ethereum ecosystem and beyond. Stargate’s success in connecting Ethereum networks is unmatched, with 300x more TVL than the next most-used bridge. This integration […]
Robinhood, a retail trading giant, has been identified as the third largest holder of Bitcoin by blockchain intelligence firm Arkham. Jump Trading Custody, a Chicago-based trading firm, has been providing crypto services to Robinhood since at least 2019. According to data from BitInfoCharts, the wallet began accumulating in mid-May and by late June, was the […]
In the ever-evolving landscape of cryptocurrency, Borroe Finance ($ROE) is emerging as a fresh and innovative contender that showcases strong potential for growth and stability. The success of its presale campaign, marked by the NFT community’s growing interest, mirrors its potential to become a top-tier crypto investment. This achievement reaffirms Borroe’s status as a prime […]
