CZ’s dog’s name sparks ‘Broccoli’ memecoin frenzy
Changpeng Zhao, the founder of Binance, revealed his dog’s name in an X post, sparking a wave of memecoins named after the canine.
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Inside the blockchain developers’ mind: How to avoid development hell
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.We recently released the third and final version of the Koinos testnet, which is why I want to talk about something few projects like to…

Bitcoin fails to break the $21K support, but bears remain shy
Bitcoin (BTC) rallied on the back of the United States stock market’s 3.4% gains on Oct. 28, with the S&P 500 index rising to its highest level in 44 days. In addition, recently released data showed that inflation might be slowing down, which gave investors hope that the Federal Reserve might break its pattern of…

House Reps Question FinCEN Director on Libra’s Potential for Illegal Usage
Director of the Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco briefed several members of the United States House on the potential for Libra’s use in money laundering, illicit financing, and other illegal activities, according to a press release from Representative Emanuel Cleaver II.Leading the meeting were Reps. Cleaver, Trey Hollingsworth, Bill Foster, and French Hill,…

Demand for PayPal’s crypto offering exceeded all expectations, CEO says
In the next five to 10 years, there will be more changes in the financial system than over the past two decades, PayPal's CEO predicted. 4462 Total views 40 Total shares The demand for cryptocurrency exceeded PayPal’s initial expectations after the firm launched crypto trading in late 2020, according to the company’s CEO.“Demand on the…

Kraken denies SEC claims, argues digital assets aren’t securities
Kraken firmly disputes SEC allegations, citing the lack of clarity in federal securities law and overreach in its regulatory scope.

Major South Korea Tech Holding and ConsenSys Sign MoU to Develop Blockchain Business Hub
South Korean technological holding SK Group has signed a Memorandum of Understanding (MoU) with ConsenSys for blockchain business cooperation, according to a SK Group official press release published today, Dec. 4.SK Holdings C&C is the information technology solutions arm of the SK Group, one of the the largest conglomerates in South Korea. The entity has…

Binance Crypto Exchange Adds Four Trading Pairs for Russian Ruble
Major cryptocurrency exchange Binance listed four Russian ruble trading pairs, according to an announcement on Dec. 2.The first trading pairs featuring the ruble include Binance Coin (BNB), Bitcoin (BTC), Ether (ETH) and XRP. Binance CEO Changpeng Zhao commented on the development in a tweet sent the same day.Binance’s addition of trading pairs follows the introduction…

Crypto Traders Explain What Caused the Bitcoin Price Plunge to $3,000
The Bitcoin (BTC) price dropped to $3,600 overnight, marking Bitcoin’s biggest daily drop in the last seven years. Over $1 billion worth of longs was liquidated on March 12, causing one of the most intense long squeezes in the crypto market’s recent history.The main catalyst of the sudden 50% decline in the price of Bitcoin…