Binance’s BNB Chain introduces layer-2 testnet powered by Optimism

Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun.In its letter posted on March 10, Binance affirmed that it “stays neutral and has no interest in on-chain governance beyond the Binance ecosystem.”Binance also provided records of its powering down of all…

Garnering interest from one of Silicon Valley's top VC’s, Bored Ape Yacht Club creator Yuga Labs, may be eyeing a $5 billion valuation. 36 Total views 2 Total shares Silicon Valley tech VC Andreessen Horowitz (A16z) is reportedly eying an investment in Bored Ape Yacht Club creator Yuga Labs, with a reported valuation as high…

Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan.The Sino Metaverse seems likely to repeat what happened with the web. When the internet first went mainstream in the 1990s, many people theorized that it…

Hong Kong’s central bank has urged banks to provide services to crypto firms before receiving a license. 563 Total views 14 Total shares Own this piece of history Collect this article as an NFTThe Hong Kong Monetary Authority (HKMA), the city’s central banking institution and regulator, has called on banks to provide their services to…

The overall institutional investment in Bitcoin (BTC) futures on the Chicago Mercantile Exchange (CME) decreased this past week, according to data published by the United States Commodity Futures Trading Commission (CFTC) on April 9.The data shows that as of April 9, institutional investors and asset managers had 244 open long positions, a decrease of 71…

Börse Stuttgart (SWB), the second-largest stock exchange in Germany, has listed two crypto exchange-traded notes (ETNs), according to a press release shared with Cointelegraph on May 13.Based on two major cryptocurrencies, XRP and litecoin (LTC), and issued through XBT Provider, the ETNs can now be traded against the Swedish krona (SEK) and euro (EUR) on…

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US President Donald Trump is expected to sign off on undoing a Biden-era rule that would require DeFi protocols to report to US tax authorities. The US Senate has passed a resolution to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report to the Internal Revenue Service, which will now head

Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market (DM) has broken past $1 billion, according to a press release shared with Cointelegraph on Dec. 27.Huobi Global — which operates the world’s third-largest largest crypto spot market trading platform — launched Huobi DM last month. The new platform allows traders to trade Bitcoin…