In the latest Binance hearing following the previous postponement due to snowstorms, the lawyers representing the cryptocurrency exchange referenced the situation that ensued between American digital asset service provider Coinbase and the United States securities watchdog SEC to make their argument. SEC Non-Compliance Tabled Coinbase had approached the SEC, requesting clarity on crypto regulation.  As […]

Crypto markets and investments are becoming more and more popular in the Middle East. According to research by Bitget, currently, there are about 500,000 daily cryptocurrency traders in the Middle East, making it a growing business. UAE Adopts Crypto-Friendly Rules According to the research, the United Arab Emirates boasts the most crypto-friendly regulatory framework, while […]

Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, echoed a sense of frenzy across the broader crypto market on Tuesday, following a significant surge in burn activity recorded. On-chain data spotlighted by Shibburn showcased a whopping 459% surge in the SHIB burn rate, nabbing substantial attention globally. Moreover, this […]

In a notable statement, Charles Hoskinson, the founder of Cardano, recently drew attention to USD Coin (USDC) by labeling it as an early Central Bank Digital Currency (CBDC). This characterization sheds light on the growing significance of stablecoins like USDC within the broader cryptocurrency landscape. USDC operates as a stablecoin, maintaining a 1-to-1 peg with […]

XRP, an eminent cryptocurrency backed by Ripple Labs, birthed a cyclone of inferences among crypto market enthusiasts globally, following another significant whale offloading chronicle. As per on-chain data hovering over the crypto realm, a whale address transferred over 29 million XRP to Luxembourg City-based CEX. Intriguingly, the transfer appeared to coincide with the token’s recent […]

The Ethereum market experiences a seismic shift as a popular figure in the digital asset space, Tron founder Justin Sun makes headlines with his staggering $1 billion ETH purchase. Meanwhile, this move comes amid the recent flux in Ethereum price following the SEC’s investigation of ETH over its security status. However, the recent approval of the […]

Blockchain oracle UMA has launched Oval, a solution that lets Decentralized Finance (DeFi) lending protocols capture Oracle Extractable Value (OEV) by auctioning the right to liquidate positions.  Uma Oval to Serve DeFi Protocols Precisely, with Uma Oval, these DeFi protocols will be allowed to tap the value that emerges during Oracle updates via the OEV.  […]

Financial asset trading firm eToro has partnered with 21Shares, the largest issuer of crypto exchange-traded products (ETPs) to create a smart portfolio.  In an April 23 release, the eToro explained that the newly launched 21Shares-Flows will offer retail investors more tools leveraging on a dynamic and innovative approach. According to the release, the new portfolio […]

The U.S. Securities and Exchange Commission (SEC) filed a response to defendant Ripple’s opposition to providing audited financial statements for two years, post-complaint contracts for the sale or transfer of XRP to “non-employee counterparties”, and details on the amount of “XRP Institutional Sales proceeds” received after the lawsuit. US SEC’s Reply To Ripple’s Opposition According […]

HBAR, the native cryptocurrency of Hedera Hashgraph, surged by a staggering 100% all the way to $0.18. On Tuesday, April 13, financial giant BlackRock announced that it would leverage the Hedera Blockchain to tokenize its money market fund. This provided a strong undercurrent for the HBAR price to rally breaking above previous April highs. BlackRock […]