Read the latest news about Gemini in the Philippines, as they’re accused of violating the country’s securities laws. The post SEC Issues Advisory vs Gemini Exchange for Selling Unregistered Securities in the Philippines appeared first on BitPinas.
This is why LDO whales are outpacing retail traders despite holding at a loss
After establishing itself as the go-to staking king, whales now have eyes on the Lido finance token. This was because 87% of the LDO supply at the time of writing was held by whales despite holding the tokens at a loss.
A Delicious Celebration: 10,000 Pizzas Bought for 1 BTC on Bitcoin Pizza Day with Binance Pay
Daniel Nita from Romania made history by purchasing 10,000 pizzas for just 1 BTC. The 10,000 pizzas sold at approximately $26,800, showcasing a favorable exchange rate for the buyer. Changpeng ‘CZ’ Zhao, the CEO of Binance, playfully pointed out the legendary status of Bitcoin. On May 22nd, crypto investors celebrated Pizza Bitcoin (BTC) Day by […]
US risks losing the crypto race to UAE, Korea, Aus and Switzerland: Ark
The U.S. crypto ecosystem is facing a “void” of well-established and credible institutions, according to an analyst from Ark Invest.
RefundCoin (RFD) Yields $688K Profit by Selling 20.7B Tokens
An unknown profited around $688K by trading RFD with ETH on exchange. RefundCoin marks a 355.94% increase in price over 24 hours. As soon as the launch, the altcoin named RFD surged at a higher rate than expected with a 355.94% increase overall. This remarks an all-time high (ATH) of the same altcoin so far. […]
China expands digital yuan pilot for SME loans to trigger widespread usage
Banking officials state that relying on CBDCs for SME loans can ensure “the authenticity and credibility of the closed-loop circulation of credit funds.” […] Read More… The post China expands digital yuan pilot for SME loans to trigger widespread usage appeared first on CoinGeek.
AI-generated image of Pentagon explosion causes stock market stutter
The fake image was shared by a verified Twitter account masquerading as Bloomberg and went viral after being amplified by real media outlets.
Solana [SOL]: Bears break under $20 as sellers look to extend gains
Solana [SOL] could experience more bearish activity, as sellers aim to crack $20 support level.
PEZA inks MOU with DICT for digitalization, ease of doing business
The agreement between PEZA and DICT entails the development of a more synchronized ICT system in ecozones, a move that would help the Philippines fast track digitalization. […] Read More… The post PEZA inks MOU with DICT for digitalization, ease of doing business appeared first on CoinGeek.
Hotbit Closes Operations as Centralized Exchanges ‘Becoming Increasingly Cumbersome’
Shanghai-based cryptocurrency exchange – Hotbit – announced its decision to stop all its operations starting May 22. The team behind the platform believes centralized exchanges are “becoming increasingly cumbersome.” It further added that the highly complex and interconnected businesses are difficult to comply with, whether for compliance or decentralization and are “unlikely to meet long-term […]