Binance, a prominent cryptocurrency exchange, continues to employ the Ethereum account that has been accused of intermixing clients’ funds. Binance faced charges from the Securities and Exchange Commission (SEC) earlier this month, alleging that the exchange had combined funds into accounts held by entities which were under the control of Changpeng Zhao (commonly known as CZ), namely Sigma Chain and …
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Key Points In a recent turn of events, the largest holder of the cryptocurrency Shiba Inu (SHIB) has made a purchase worth a whopping $10 million. This purchase added 1.5 trillion SHIB to their already impressive portfolio and has catapulted them to the 29th spot on the list of top SHIB holders. The transaction was executed by a newly emerged …
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TRON’s successful strategy game, WIN NFT HERO, is on a roll. Following the April launch of its version 2.0 and the hero system, the game has soared in popularity. This progression led to the recent announcement of the v2.1 open beta test, kicking off on June 1. 🔥WIN NFT HERO v2.1 open beta test has been officially launched, and the …
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NAVI has recently announced that it has partnered with KriyaDEX which is set to bring a dynamic change in the DeFi landscape as it wil lunleash institutional-level infrastructure and foster greater institutional involvement. The collaboration will also narrow the gap between traditional institutions and the DeFi world. 🎉 Partnership with @KriyaDEX which is building institutional-grade infra to interact with #Sui …
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Key Points: In a startling turn of events, Do Kwon, one of the co-founders of Terraform Labs, has been arrested on grounds of document forgery in Montenegro. Considering all his previous allegations, he might be facing around 40 years of jail time. Terraform Labs is the blockchain firm behind popular cryptocurrencies Terra and Luna. This news comes months after South …
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The highly anticipated crypto regulatory framework in the Philippines has faced a delay. The Securities and Exchange Commission (SEC) had initially aimed to publish the guidelines by 2022. However, due to unforeseen circumstances, the launch has been postponed. Despite this setback, the SEC remains committed to implementing a robust regulatory framework for the crypto industry to provide clarity and guidance …
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Cboe Global Markets has been granted permission by the Commodity Futures Trading Commission (CFTC) for its digital subsidiary, Cboe Clear Digital, LLC, for digital assets with margins. This approval allows Cboe Clear to provide clearing services for margin digital asset futures to futures commission merchants. Obtaining this approval is a significant achievement for Cboe Global Markets, as it has been …
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The FSMA in Belgium has issued a warning about 38 unlicensed online trading platforms that are using deceptive ads on social media to entice users with the prospect of fast riches. The public is advised to be vigilant and avoid these fraudulent platforms to prevent becoming victims of their schemes. The FSMA Warnings For a while now, the FSMA has …
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Newly released data suggests that self-custody has experienced a notable surge while Ethereum fees have plummeted by 70%. After hitting a peak of $14 per ETH transaction in May, the average Ethereum fees have now decreased to $4.3, returning to their usual levels. Ethereum users have been struggling with high transaction costs for a long time. Thus, the recent reduction …
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Trust Reserve formerly known as CNHC Group which is the issuer of CNHC stablecoin is said to be detained by the Chinese police. A local news channel in China, PANews reported this on May 31 after they got some information. The group had lost contact since the afternoon of May 29. It is said that some family members have been …
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