ASIC (The Australian Securities and Investments Commission) has decided to cancel the derivative license of Binance after carrying out strong research on the company’s operation in the country. It was disclosed in a press release on Thursday. This means that Australian traders will not be able to increase their derivative position or add up new…
CZ Zhao, the mastermind behind Binance, exposed a critical loophole that was identified and dealt with swiftly by the BNB Core squad this week. Drawing on his extensive experience in the space, CZ demonstrated complete transparency about the matter, sending ripples through the crypto industry. It was thanks to his sagacity, along with the intrepid…
The United States Securities and Exchange Commission (SEC) has once again delayed its ruling on whether to approve Grayscale’s application for a Bitcoin (BTC) exchange-traded fund (ETF), citing familiar concerns around manipulation, liquidity and transparency. In a notice published Friday afternoon, the SEC expressed concerns about how the digital asset manager intends to convert its…
Criminal Groups Adopting Crypto for Smuggling Operations India’s Directorate of Revenue Intelligence has published a report showing something I find quite concerning. Criminal networks are moving away from traditional hawala money transfer systems and embracing stablecoins instead. The shift appears to be happening faster than many expected. The 2024-25 Smuggling in India Report details how…
Widespread Unauthorized Mining Operations Iran’s cryptocurrency mining sector is grappling with a significant illegal mining problem that’s putting strain on the country’s power infrastructure. According to recent official statements, more than 95% of the nation’s 427,000 active mining devices are operating without proper authorization. That’s a staggering number when you think about it – nearly…
Virtual reality has emerged as a disruptive technology that has the potential to revolutionize many industries. The Metaverse is a concept that has gained popularity in recent years and is often described as a virtual world where people can interact with each other in real time. The Metaverse is becoming a reality thanks to advancements…
ForexTime is a forex broker geared to a range of skill levels which was founded back in 2011 by Andrey Dashin.ForexTime (FXTM) offers an solid trading platform based on MetaTrader 4 and 5 and offers a wide range of trading instruments including Cryptocurrencies, Forex, CFDs for Indices & Commodities, Spot Metals and Shares CFDs.ForexTime is…
Dharma’s Ethereum wallet now offers full support for Polygon, allowing users to buy over 2000 DeFi-based tokens on Polygon directly from a US bank account with zero network fees. DUBAI, UAE / ACCESSWIRE / September 4, 2021 / Polygon, an ethereum-based full-stack scaling solution bringing mass adoption to the ethereum platform, today announces that Dharma, a leading…
Binance destroys $450 million worth of BNB tokens in a strategic move to enhance their value, aiming for a leaner supply and scarcity-induced appreciation. Key Takeaways In a bold move to fortify its native token’s value, leading cryptocurrency exchange Binance set ablaze over $450 million worth of BNB tokens in its latest quarterly burn. This…
The trend of web 3.0 and GameFi has been growing rapidly. A number of successful projects such as Decentraland (MANA), The Sand Box (SAND), and Axie Infinity (AXS) have recorded massive growth over the past year, with Decentraland (MANA) having grown over 1200% in value in less than a quarter. These projects have been responsible…
