BNB (BNB) has gained over 7% in the last day after Bloomberg reported that the United States Department of Justice is contemplating a $4 billion settlement with Binance to resolve its investigation into the company. Cointelegraph Markets Pro shows BNB spiked 6% to $262 in around 30 minutes after Bloomberg’s Nov. 20 report, which said Binance was negotiating an agreement…
Average daily transaction fees on Bitcoin (BTC) have flipped with Ethereum following a frenzy of Ordinals-related activity on the Bitcoin network. On Nov. 20, the average daily transaction fee for Bitcoin stood at $10.34, while Ethereum’s transaction fees came to an average of $8.43, according to BitInfoChart data. Bitcoin’s average daily trading fee notched a new six-month high on Nov.16,…
Bitcoin faces a slow grind after earlier brisk BTC price gains, but the ingredients for a sustained rally are there, market data suggests. Source: https://cointelegraph.com/app/public/index.php/news/70-btc-dormant-year-5-things-know-bitcoin-this-week
Pharmaceutical giant AstraZeneca announced on Monday the spin-off and launch of a new digital health company called Evinova. AstraZeneca says the new company will operate independently within the AstraZeneca ecosystem. “The future of medicine development can be accelerated with digital solutions,” said AstraZeneca CEO Pascal Soriot. “We believe Evinova’s combination of scientific expertise and track record in developing AI-enabled digital…
The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer Tornado Cash. In a Nov. 20 amicus curiae brief to a U.S. appellate court, the crypto advocacy group argued OFAC’s decision to sanction the privacy protocol was not only unlawful but exceeded…
Ubisoft is pulling its ads from Twitter, also known as X, Axios reported Monday. The Assassin’s Creed publisher’s advertising pause comes after tech firms like Apple, IBM, and Oracle as well as Hollywood studios like Disney, Paramount, Lionsgate, Comcast, NBCU, and Warner Bros. Discovery stopped running ads on the social media platform due to concerns that antisemitic content is swirling…
Umami Labs CEO Alex O’Donnell grew up on the outskirts of Philadelphia before attending Temple University to study literature and economics. That path led him to devote seven years of his life as a financial journalist at Reuters, where he specialized in M&As IPOs. He said his academic focus created a “pretty natural synthesis” when it came ot financial journalism.…
The Solana ecosystem is buzzing again, thanks in part to a recent surge in the price of SOL, which is up by 90% over the last 30 days alone. But now the network’s top meme coin, BONK, is outpacing even those already dramatic gains. The price of BONK has surged 110% over the last week, according to data from CoinGecko,…
The SEC alleged Kraken operated as an unregistered exchange, broker, dealer and clearing agency. Source: https://cointelegraph.com/app/public/index.php/news/sec-sues-kraken-for-securities-laws-violations
Today, the SEC filed a complaint alleging that Kraken operates as an unregistered securities exchange, broker, and clearing house. We disagree, and intend to vigorously defend our position in court. Today’s news has no impact on the products we offer and we will continue to provide services to our clients without interruption. We remain fully committed to our U.S. and…
