Did Binance exacerbate the situation as FTX showed signs of fragility? That's what Nir Lahav and his group believe, and they didn't hesitate to file a class-action lawsuit accusing CZ and Binance of contributing to their competitor's downfall through their November tweets.
ProShares, the global leader in crypto-linked ETFs, announces the launch on Monday, October 2, of the ProShares Ether Strategy ETF (EETH), the first ETF to target the performance of the cryptocurrency ether. At the same time, ProShares is also launching two ETFs that each look to provide performance that corresponds to a blended return of bitcoin and ether.
October starts off on a high note for cryptocurrency enthusiasts. We're referring to the sudden rally that is currently propelling Bitcoin and Ethereum to new highs. Dubbed 'Uptober,' this unexpected surge is triggering optimistic forecasts within the crypto community. Leading up to it, the market has seen over $70 million in liquidated crypto shorts in just a matter of hours.
While Binance finds itself in the SEC's crosshairs, another crypto, USDC, finds itself caught up in this storm. But what's really going on, and why is Circle concerned?
The European Union is to fork out nearly €1 million (in fiat or crypto?) to assess the environmental impacts of cryptocurrencies and bitcoin mining activities. Does this mean that Brussels prefers strict regulation of these activities to the ban? In any case, crypto-enthusiasts will be sure to follow the progress of this study, especially the publication of the first reports. The fate of bitcoin mining and crypto activities in Europe will in fact depend on it.
September 28, 2023 - MultiversX, the leading blockchain infrastructure that has introduced one of the most performant and energy-efficient architectures in the industry, has announced that it has amplified its green blockchain efforts by now offsetting 25% more CO2 than its network and operation emissions, leading the way toward a more sustainable Web3.
For several months now, PayPal has chosen to enter the world of cryptocurrency and blockchain. The major player in online payments has been launching innovative initiatives to establish itself in the crypto market. The latest crypto developments involve patent applications that would allow PayPal to dive deeper into the world of NFTs and blockchains.
The Internet Computer Protocol Asia Alliance offers a Web3 Ecosystem Focused on Promoting Adoption, Fostering Collaboration, and Fueling Innovation
It's truly the end! Binance and PaySafe are now heading in opposite directions. But after the contract expiration, the cryptocurrency giant is struggling to find new banking partners in France. However, it appears that the crypto exchange may have found a solution to its problems.
An unexpected event has shaken the very foundations of Bitcoin, the most famous and valuable digital currency. Marathon Digital, one of the most technologically advanced mining companies, recently mined an invalid block. But what does this mean for the network and all of us?
The crypto arena is on the verge of a revolution. According to Bloomberg analysts, the first Ethereum Spot ETFs could make their debut in the U.S. market as early as next week.
No, it's not over yet! The ongoing dispute between Binance and the SEC seems far from reaching a resolution. However, it appears that BAM Trading and BAM Management, two entities of the crypto company, have been granted an extension to respond to court orders.
Bitfinex, a state-of-the-art digital asset trading platform, has announced a strategic integration with Zodia Custody, a leading digital asset custodian backed by Standard Chartered, SBI Holdings, and Northern Trust. The integration will allow Zodia Custody clients to trade on Bitfinex while their assets remain securely held…
The BIS and the central banks of France, Singapore and Switzerland have successfully concluded Project Mariana.
September 27th, 2023: The International Cricket Council and the Near Foundation today announced a groundbreaking first of its kind technology partnership that will utilise the NEAR Web3 ecosystem to deepen cricket fans engagement with the game across the world.
Tourmentée par des dizaines de milliers de sanctions infligées par l’Occident, la Russie, bourreau de l’Ukraine, n’a de choix que de se tourner vers les cryptomonnaies et les technologies connexes. Rouble numérique, plateforme nationale d’échange de devises numériques, DAO… forment actuellement un bouquet d’alternatives pour rehausser une économie russe en plein plongeon. Sauf que les États-Unis n’ont pas l’intention de lui faciliter les choses, même avec les cryptos. Washington n’hésiterait pas à faire pression sur Binance pour couper le pont entre les Russes et les actifs numériques. Détails !
While major international banks and other financial institutions have been embracing blockchain technology and cryptocurrencies for several months, HSBC had been content to observe, or even ignore them. But the saying goes, 'better late than never.' Thus, the $3 trillion asset banking giant has decided to make up for lost time. An alliance with the blockchain payment processor FC Pay has been established. The goal is to allow HSBC customers to pay their bills with cryptocurrencies like Shiba Inu, XRP, and more.
With over 100 million users, Binance easily claims the title of the world's largest cryptocurrency exchange. If CZ's exchange were to fall victim to the initiatives of U.S. regulators, others (Kraken, Coinbase, and the like) would melt away like snow in the sun. And apparently, the U.S. Department of Justice is preparing to launch an assault on this crypto behemoth with feet of clay.
In a climate of heightened anticipation, the crypto community eagerly awaits the SEC's verdict on Bitcoin spot ETFs. Several U.S. lawmakers, recognizing the significance of the matter, are actively urging the SEC to approve these ETFs without further delay.
It has been several months since the ECB unveiled its digital euro project, an announcement that continues to reverberate in the financial markets. A recent statement by Christine Lagarde, President of the ECB, has garnered particular attention from the crypto community. According to the ECB President, the digital euro (to be distinguished from a cryptocurrency) will not be anonymous. This revelation raises deep questions about privacy protection, and many analysts are also pondering the potential implications of this digital euro project on cryptocurrencies.
In today’s hectic life, meaningful gifts and the preservation of personal stories often take a backseat. Life Trace emerges as a game-changing solution to this dilemma. Instead of a fleeting bouquet of flowers or a quickly forgotten e-card, Life Trace lets you offer the gift of a lifetime—a personal website,…
Binance, the giant cryptocurrency exchange platform, is facing disruptions with its payment partner, Paysafe, in Europe. Some European users are experiencing difficulties in making euro withdrawals due to early closures initiated by Paysafe.
Huobi has become a hacker's latest target! While the cryptocurrency exchange, now known as HTX, had a bright future ahead of it, an unfortunate event has disrupted its day-to-day operations. However, things should be less difficult to deal with as the identity of the hacker is not unknown.
Dubai, UAE – The Blockchain Economy Summit, recognized as the world's largest blockchain conference network, is set to redefine the future of finance by bringing together key players and experts from the crypto industry. As the countdown to the event enters its final two weeks, the highly anticipated 8th edition of the summit will take place over two days in Dubai on October 4-5, 2023, in Le Meridien Dubai Hotel & Conference Center, attracting the world's top crypto companies, blockchain entrepreneurs, and AI innovators.
Two years ago, Bitcoin lost any chance of flourishing among Chinese cryptocurrency traders. The Chinese Communist Party didn't seem ready for decentralization, opting for a totalitarian CBDC (Central Bank Digital Currency) rather than an emancipatory BTC (Bitcoin). However, in recent times, the Xi Jinping government has seemingly changed its perception of the flagship cryptocurrency. This decision by a Shanghai court to grant Bitcoin the status of “unique and non-reproducible currency” attests to this change of heart.
After complying with the FSMA's decision, the Belgian regulator for cryptocurrencies and finance, Binance had to suspend its activities in the country back in June. Three months later, the world's largest cryptocurrency exchange announces a triumphant return to Belgium. What has changed since then? Let's delve into it.
LINK, the cryptocurrency of Chainlink, is gaining more attention. Recent developments around the asset seem to have strengthened its appeal, pushing investors to take positions in the crypto.
While an increasing number of countries are considering launching a CBDC (Central Bank Digital Currency), Vitalik Buterin is dashing hopes. Known for being a staunch advocate of crypto, it seems he is less enthusiastic about the direction CBDC creation is taking.
From Bitcoin's meteoric rise, now surpassing Visa in transaction volume, to Binance's bold prediction about the demise of stablecoins in Europe, the news has been as varied as it has been impactful. Citigroup has also made a splashy entry into the crypto world, while the Ethereum ecosystem faces turbulence with the rejection of its Shanghai upgrade. And the FTX case, nearing its resolution, marks a pivotal moment for millions of investors. Dive with us into this weekly roundup to stay informed about the significant events of the past week.
The dominance of Bitcoin (BTC) in the crypto ecosystem has recently reached a yearly high, piquing the curiosity of investors and experts. Why this sudden resurgence? And what are the implications for altcoins?