Why is BNB price down today?
BNB price is at risk of further losses as multiple metrics point to Binance losing its market share in the crypto sector.
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Bitcoin bulls aim for a post-FOMC win in Friday’s $640M BTC options expiry
The past few months have been painful for Bitcoin (BTC) bulls, but they are not alone. The United States Federal Reserve’s tightening economy policy has led investors to seek protection in cash positions and inflation-protected bonds. Surging inflation and recession signals have caused the S&P 500 stock market index to retreat 19% year-to-date. Even gold —…

Italy scales back plans to hike crypto tax rate: Report
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one.

IDC: EU Blockchain Spending Will See Temporary Drop Due to COVID-19
Analysts have revised down their forecasts for European enterprise spending on blockchain development in the next few years due to the economic aftershocks of the COVID-19 pandemic. In a report published on May 5, United States-based market research firm International Data Corporation (IDC) said it expects the slowdown to be temporary and unevenly distributed across sectors.Prior…

Crypto lending firm Celsius reportedly affected in BadgerDAO exploit
The BadgerDAO attack has reportedly impacted Celsius Network for more than $50 million, sources suggest. 2282 Total views 11 Total shares Cryptocurrency lending platform Celsius has reportedly lost over $50 million in the exploit of decentralized finance (DeFi) protocol BadgerDAO.As reported by Cointelegraph on Thursday, the attack targeted the protocol on the Ethereum network, reaping…

Custodia Bank founder Caitlin Long has some strong words about the Fed and BNY Mellon
The head of the Wyoming-based bank was taken aback when BNY Mellon was approved to provide crypto custody services; her bank’s master account application is still not processed. 328 Total views 4 Total shares

Terra lending protocol Mars to launch mainnet
The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during the two snapshots on Terra Classic. 6451 Total views 11 Total shares Own this piece of history Collect this article as an NFTThe original Terra lending protocol, Mars Hub, has announced it will launch its independent Cosmos…

Sam Bankman-Fried appeal against bail revocation ‘meritless’: Prosecutors
The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions. 235 Total views 1 Total shares The United States Attorney’s Office has filed an affirmation of the denial of bail to former FTX

US Copyright Office reports ‘urgent need’ for protection from deepfakes
The Office is calling for the creation of a new law to deal with digital replicas.