Binance Launches Bitcoin Mining Cloud Service Even Amid SEC Lawsuits in the U.S.
Binance starts operations on a new mining cloud service. Binance global users can purchase hash rates alongside subscribing to the...
Nigeria Legalizes Free Float for Naira, Here’s What it Entails for Crypto
Naira floating could have a negative or positive impact on cryptocurrencies. The Nigerian government floated the Naira shortly after introducing...
Crypto.Com Confirms Arena Name Won’t Change Despite Institutional Exchange Shutdown
Despite the closure of Crypto.com's institutional exchanges in the US, Crypto.com Arena will continue to exist, demonstrating the company's dedication...
Finblox Partners with OpenEden to Offer Tokenized U.S. Treasuries
Finblox and OpenEden collaborate to unlock a trillion-dollar market for web3 users with the introduction of Tokenized U.S. Treasuries (TBILLS)....
MakerDAO Considers Significant Reduction of GUSD in Its Reserves
MakerDAO is voting on a proposal to reduce its holdings of the Gemini Dollar (GUSD) from $500 million to $110...
Cyberattack Strikes Floating Point Group: A Deep Dive into the $20M Hack
Floating Point Group (FPG), a major crypto prime brokerage, suffered a cyberattack on leading to a loss of approximately $15...
Atomic Wallet Users Suffer Loss As North Korean Cyber Criminals Cart-Away With $100 Million
Approximately 5,500 crypto wallets were reportedly affected and drained in the recent North Korean cybercriminals attack. Atomic Wallet users lament...
SEC and Binance.US Are Set To Reach An Agreement To Avoid Freezing All Crypto Assets
A US District Judge ordered SEC and Binance.US to meet in the middle and avoid freezing Binance.US customer funds. The...
Polygon Lab Expresses Concerns Over SEC Proposed Definition of an Exchange
In March 2022, the U.S. Securities and Exchange Commission (SEC) proposed to amend old legislation to include decentralized finance (DeFi)...
Fantom Reduces Minimum Stake Requirement for New Validators
The minimum amount of FTM staked to become a validator has been reduced from 500,000 tokens to 50,000. FTM utility...