Changpeng Zhao advocates for ‘real’ blockchain apps over memecoins

The new year began with the news that notable Web3 entrepreneur Kevin Rose fell victim to a phishing scam in which he lost over $1 million worth of nonfungible tokens (NFTs). As mainstream financial institutions begin to provide services related to Web3, crypto and NFTs, they would be custodians of client assets. They must protect their…

Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product.“Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs,” the exchange announced on March 28. Binance…

Sydney police have arrested an Australian woman for allegedly running a crime syndicate using Bitcoin to launder $3.23 million since 2017. 3372 Total views 46 Total shares An Australian woman was arrested by police at a Sydney shopping centre on May 1, after allegedly selling Bitcoin (BTC) for 60,000 Australian dollars ($38,800) in cash. According to…

The news follows Bitwise withdrawing its SEC application for a Bitcoin Exchange-Traded Fund earlier this year. U.S. retail investors will be able to get exposure to Bitwise's new crypto index fund — albeit indirectly.According to a Dec. 9 statement from Bitwise Asset Management, shares of its crypto index fund will begin public quotation on over-the-counter,…

Bitcoin (BTC) got a boost from the start of Wall Street trading on Feb. 28 as U.S. stocks opened to a defining week for markets amid geopolitical tensions.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders eye BTC exit beyound $40,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $40,560 on Bitstamp after the opening bell…

Bitcoin (BTC) bulls may only need a pair of simple moving averages (SMAs) to determine if the bottom is in this halving cycle.In a Twitter thread on June 2, Checkmate, lead on-chain analyst at crypto analytics firm Glassnode, flagged the Investor Tool metric hitting “buy the dip” territory."Generational zone" enters for Bitcoin's Investor ToolThe Investor…

The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best.

The Binance crypto exchange will burn all trading fees collected on its LUNC/BUSD and LUNC/USDT spot and margin pairs. 731 Total views 8 Total shares To support the Terra community’s efforts to revive the Terra LUNA Classic (LUNC) token, crypto exchange Binance announced an off-chain burning mechanism last week. However, after receiving mixed reactions from…

The 2020s have been a challenging decade so far, yet the transformative power of blockchain technology offers a better path forward. Born from crisis Around the globe, times are tough for many everyday people. Increases in cost of living minimized any growth in wages last year as inflation continues to take its toll. Additionally, world