XRP, a cryptocurrency, has emerged as the only asset with regulatory clarity among the 22,930 assets in the Bitcoin market. This has led to expectations of a surge in its value, similar to the 2017 crypto boom. XRP’s legal and regulatory clarity in the U.S. sets it apart from other cryptocurrencies, making it an attractive […]
Binance, a cryptocurrency exchange, has announced that it will be suspending its crypto debit card services in Latin America and the Middle East starting from August 25th. The cards allowed users to make payments with cryptocurrency assets, and the suspension will take effect by September 21st. Refunds and disputes can still be processed until December […]
Coinbase Assets recently announced the suspension of trading for six cryptocurrency assets on Sept. 6, 2023, at 9 AM PT. The assets affected are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). This suspension means the assets will no longer enjoy some of the exchange’s core services, including Simple and […]
Binance has launched its payment service, Binance Pay, in Brazil, allowing merchants to accept cryptocurrency payments with low fees and fast transaction processing. The service supports over 70 cryptocurrencies, including Bitcoin, Binance Coin (BNB), Ethereum (ETH), and Tether USD (USDT). Binance Pay has partnered with WordPress, Weo Games, Valorant, and more, allowing users to pay […]
Bitstamp, a crypto exchange, has announced that it will end Ethereum (ETH) staking services for U.S. customers within a month. Customers will continue to earn staking rewards until September 25, 2023, and after that, all staked assets will be unstaked. Rewards and principal will be credited to users’ primary account balances, though this process may […]
Binance.US, the American subsidiary of the world’s largest cryptocurrency exchange, has announced a new partnership with crypto payments startup MoonPay. This partnership will enable customers to buy and sell supported crypto assets on the platform using USDT, the largest stablecoin by market capitalization issued by Tether. Customers will be able to make USDT purchases with […]
Coinbase, a major U.S. crypto exchange, has recently launched its own blockchain project called Base. One of its applications, Friend.tech, has become increasingly popular, with over 100,000 users and generating more than $25 million in fees. Friend.tech allows users to purchase shares of X (Twitter) influencers and was recently funded by the crypto-focused venture-capital firm […]
Near Protocol, a blockchain operating system, has recently announced a strategic integration with leading crypto exchange Nexo. This collaboration allows Nexo users to deposit and withdraw NEAR tokens on the exchange platform. Additionally, Near Protocol has partnered with Tokenproof, a startup specializing in connecting brands and audiences through token-based experiences. This integration into the Near […]
Ethereum’s Layer 2 solutions have achieved a remarkable milestone, reaching 54 transactions per second (TPS) on August 21st. This 5.1-fold increase in transaction throughput has been driven by scaling solutions such as ZKsync and BASE, the latter of which was nurtured by Coinbase’s incubation efforts.First-time transacting wallets have surged, surpassing Ethereum’s activity on occasion. This […]
Binance, one of the world’s leading cryptocurrency exchanges, will soon remove several spot trading pairs from its platform. The removal will take effect on August 25, 2023, at 03:00 (UTC). The trading pairs that will be removed include ALCX/BUSD, PUNDIX/BUSD, FOR/BUSD, PEOPLE/BUSD, LOOM/BUSD, NMR/BUSD, SPELL/BUSD, and STORJ/BUSD.Binance has also announced the discontinuation of its Trading […]
