Binance US, the American branch of the world’s leading cryptocurrency exchange Binance, announced that it will delist TRON (TRX) and Spell (SPELL) from its trading platform. Both tokens will be removed from Binance US on April 18. Although withdrawals for TRX and SPELL will still be possible, trading and deposits will no longer be available. The exchange said it will…
The securities regulator of Argentina has approved a Bitcoin-based futures index set to debut on the Matba Rofex exchange. The Bitcoin futures contract will start trading in May and the exchange claimed it will be the first regulated Bitcoin futures in Latin America. The National Commission Of Value (CNV), the country’s securities regulator, approved the Bitcoin (BTC) futures index as…
The federal court in Brooklyn, New York, charged a former investment banker and registered broker for allegedly defrauding numerous investors by promising profits on fake cryptocurrency investments and misappropriating the funds received to finance his lifestyle. Documents with the court claim the defendant, Rashawn Russell, misused the growing interest in crypto investments to mislead investors. Russell convinced multiple investors to…
Cross-chain bridge platform Ren Protocol has announced that FTX, Alameda and their affiliates that acquired the platform in 2022 have authorized and directed the platform to move all of its crypto assets to FTX Debtors’ wallets. According to Ren, the move lets debtors safeguard their assets in case of a potential shutdown of their systems and infrastructure. The bridge service…
The failure of FTX triggered a notable growth of self-custody in 2022, with numerous cryptocurrency investors transitioning from centralized exchanges (CEX) to hardware or software wallets. The rising popularity of self-custody could even potentially erase the need for centralized exchanges one day, according to Binance CEO Changpeng Zhao. But how would people buy or sell cryptocurrencies without centralized exchanges? The…
Hong Kong-based cryptocurrency wealth manager Metalpha Technology is working to offer new entry points into Bitcoin (BTC) and Web3 to investors in Asia. Metalpha is raising a $100 million fund to invest in Bitcoin and other crypto products by the major American crypto asset manager, Grayscale Investments. The new fund aims to help Chinese investors get a regulated channel to…
Ali Shamkhani, secretary of the National Security Council of Iran, has stated that the recent bilateral cooperation efforts between his country and Russia are contributing to rendering U.S.-established sanctions useless at a global level. The official noted that many other countries are also in this course of action — abandoning the hegemony of the U.S. dollar. Iran Top Security Official…
The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position. Source: https://cointelegraph.com/public/index.php/news/less-than-1-of-staked-eth-estimated-to-sell-after-shanghai-upgrade-glassnode
The French government is seeking public comment on the Metaverse, or what it’s calling the “virtual immersive universe,” to shape “a French strategy” for the up and coming sector and offer an alternative to the “international giants.” On April 11, France’s Directorate General for Enterprise issued a consultation calling upon companies, associations, citizens and researchers to answer a series of…
ZA Bank, Hong Kong’s biggest virtual bank by assets, is reportedly set to provide crypto account services and facilitate crypto-to-fiat exchanges. According to an April 12 Bloomberg report, the bank will act as a settlement bank to allow token deposits at licensed exchanges to be withdrawn in Hong Kong dollars, Chinese yuan and United States dollars, and is also offering…
