Category: Blockchain News

Breaking: Binance Reportedly Under CFTC Investigation For Insider Trading

Binance’s regulatory woes have now expanded to the US, in what could be its worst regulatory showdown until now. A recent report from Bloomberg highlighted that the US Commodity Futures Trading Commission (CFTC) is now looking into the crypto exchange on allegations of possible insider trading and market manipulation. U.S. authorities are examining possible insider […]

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S.Korea Crypto Crackdown: 60 Crypto Exchanges to Shut Down Due to This Reason

60 crypto exchanges in South Korea have been asked by the regulatory body to either partially or completely halt their services and inform the customers about it by Friday. The shut down of these exchanges comes as they failed to comply with the latest set of regulations that come into effect from next week. In […]

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Binance Plans to Revamp Regulatory Relations With Centralized Headquarters

Amid a global crypto crackdown, World’s largest Exchange, Binance has finally given up fighting and is now approaching authorities to re-establish itself as a Centralized business. After suffering the regulators’ wrath from different corners of the world, the exchange is now in conversation with multiple regulators, in lieu of acquiring their approvals. Furthermore, Binance will […]

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Breaking: Indian Crypto Exchange Eyes $2 Billion Valuation With a16z Backing

Andreessen Horowitz (a16z), one of the most influential venture capital firms is reportedly in advance talked with an Indian crypto exchange Coinswitch Kuber to close a $100-$200 million funding round. According to the sources, if the estimated funding goals are reached, the Indian crypto exchange could see a four-fold increase in its valuation from the […]

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Miami Becomes First City to Approve a Native Crypto, Here’s How It Would Be Used

The US city of Miami has become the first city to approve a native cryptocurrency. The crypto token will be based on Bitcoin’s smallest unit “SAT” and would be called the Miami coin. Miami City Commission approved access to $4.3 million in Miami Coin. The token can be mined using Bitcoin mining apparatus and for […]

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Breaking: Google Cloud Partners With Dapper Labs, Is NFT on the Cards?

Google seems to be the latest mainstream tech giant to be struck by the crypto bug and NFT in particular. Google Cloud today announced it has joined hands with popular NFT brand Dapper Labs that is known for its NFT marketplace NBA Top Shot. The partnership would see Google help Dapper Labs with their Flow […]

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Breaking: Billionaire Steven Cohen to Invest in Crypto Firm Radkl

Digital asset market frenzy continues with Billionaire Steven Cohen’s investment in the new cryptocurrency organization called Radkl. The Wall Street Journal stated that Cohen will be making an initial investment into the quantitative trading firm specializing in digital assets called Radkl. However, the investment amount remains undisclosed as of now, but considering Cohen’s former generous […]

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World’s Largest Accounting Firm Announces Polygon Integration For Its Blockchain Products

The world’s largest accounting firm Ernst & Young has partnered with Ethereum Layer-2 scalability protocol Polygon (formerly known as Matic) to integrate the protocol into their flagship blockchain products and services. The firm would use the Polygon to deploy its own blockchain products on the Ethereum mainnet. The firm has connected Polygon protocol to the […]

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Breaking: Coinbase ($COIN) Announces $1.5 Billion in Private Senior Note Offerings

Coinbase ($COIN), one of the top cryptocurrency exchanges with over 50 million registered users has announced its first private debt offering in the form of the company’s Senior Note Offerings worth $1.5 billion. The funds raised from the offerings would be utilized towards general corporate purpose and product development. Coinbase Announces Proposed Private Offering of […]

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Breaking: Switzerland’s SIX Stock Exchange Gets Approval to Launch Digital Token Exchange

SIX, the Switzerland Stock exchange has been cleared by FINMA to launch a digital token exchange. The new entity would be called the Swiss Digital Exchange that would allow the trade of blockchain-based securities or digital tokens. The platform obtained two licenses from the country’s watchdog allowing it to offer regulated trading, settlement, and custody […]

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