Binance transition: Examining the internal overhaul since CZ’s arrest
Following the indictment of its CEO, Changpeng Zhao, Binance now says compliance is at the top of its agenda.
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‘Exchange Without Accounts’ ShapeShift to Gradually Introduce Membership Program
Cryptocurrency exchange ShapeShift has introduced a new rewards program, which will eventually become a mandatory membership model for the exchange’s users, according to an announcement published September 4.Erik Voorhees, founder and CEO of ShapeSHift, stated that today the exchange released a loyalty program entitled ShapeShift Membership. While ShapeShift is known as “the exchange without accounts,”…
Coinbase files court action to compel SEC’s response to rulemaking petition
Coinbase is looking to force the SEC to respond to its rulemaking petition seeking rules for the crypto industry that's been pending since July 2022. Own this piece of history Collect this article as an NFTCoinbase filed a narrow action in a United States federal court that seeks to compel the Securities and Exchange Commission…
Crypto Markets Shed Almost $20 Billion as Major Coins See Double-Digit Losses
Thursday, Oct. 11: markets have taken a steep downturn, even as onlookers had lately been pointing to a period of stable price action in the crypto sphere. Virtually all of the top 100 cryptocurrencies are in the red, with several top-market altcoins losing double-digits in percentage value.Market visualization by Coin360Bitcoin (BTC) has shed 4 percent…
Bitcoin ATM Operator Coinsource Gets New York Regulator’s Green Light With ‘Bitlicense’
Bitcoin ATM operator Coinsource has been granted a virtual currency license, or ‘Bitlicense,’ from the New York State Department of Financial Services (NYDFS), according to a press release published Nov. 1.The regulator has thus given its formal seal of approval for New Yorkers to use cash to buy or sell Bitcoin (BTC) using Coinsource’s “Bitcoin…
The Sandbox co-founder wants to defend Metaverse against Big Tech
The Big Tech holds the monopoly in Web 2.0, something the Web 3.0 technologies such as Metaverse and crypto are trying to break. 345 Total views 24 Total shares The Sandbox co-founder Sebastien Borget wants to defend the Metaverse from the Big Tech giants aiming to make a foray into the nascent market. In a recent…
India’s crypto future hinges on DEA’s September consultation paper
The DEA’s paper is expected to be a watershed moment for India’s crypto regulation, potentially setting the stage for comprehensive legislation.
Web3 threatened by Web2.5 and regulations, exec warns
Outlier Ventures founder Jamie Burke warns that as projects compromise with products that are not interoperable, it blurs the vision of Web3. 168 Total views 1 Total shares As Web3 remains in its early stages, its ideals and original vision of creating an interoperable financial landscape are under attack, according to Jamie Burke, the founder…
Traders pin Ethereum’s route to new ATH to eventual Bitcoin ETF approval
Ether (ETH) price is lagging Bitcoin's (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still outperformed BTC by 274% in 2021. However, traders tend to be short-sighted and some will question whether the Ethereum network can successfully migrate to proof of stake (PoS) validation and finally solve…