Major acquisition in Latin American crypto space Nexo, the digital assets platform managing over $11 billion, has made a significant move into Latin America. They’ve acquired Buenbit, an Argentine cryptocurrency exchange that’s registered with the country’s national securities commission. The deal amount wasn’t disclosed, but it’s being called one of the largest acquisitions in the…
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…
Cryptocurrencies are known for their extreme volatility. Unlike traditional markets, crypto exchanges operate round-the-clock, and prices fluctuate wildly within minutes. Crypto traders might find it difficult to respond to such rapid price movements in a timely manner. This is where crypto trading bots can help. Traders can implement the pre-defined set of rules into a…
Olympic bobsledder Johnny Quinn is the latest sporting celebrity to swallow the orange pill. In a Twitter thread, he shared his best of Bitcoin (BTC) education while welcoming the Bitcoin class of 2022. As a Class of 2021 #Bitcoin-er, I would like to unofficially-officially welcome the Class of 2022. Buckle up for a legacy impacting…
XRP advocate attorney John Deaton’s discovery of SpendTheBits introduces a potential game-changer in the Ripple vs. SEC lawsuit, challenging the SEC’s argument and potentially influencing the outcome. Highlighting Points The Ripple vs. SEC lawsuit has captivated the cryptocurrency community for over two years, with the final ruling by Judge Analisa Torres anxiously awaited. The case…
The evolution of modern technology lies in the hands of blockchain and artificial technology (AI) since at the moment almost everything tech-related relies on computer software. Both blockchain and artificial intelligence are cutting edge technologies that have attracted increasing attention due to the irreplaceable role that they play in technological innovation and industrial transformation. Introduction…
Interaction between the cryptocurrency industry and Capitol Hill is becoming ever more intensive as efforts to regulate crypto grow in tandem with its popularity. The surge in crypto industry lobbying last year was given some concrete parameters in February by crypto analytics startup Crypto Head. It released a report showing that the crypto companies that…
Polkadot, an interoperability project, has launched a nearly-complete version of its blockchain after three years of development. Key Takeaways Polkadot’s first “chain candidate” went live this week. This stage prepares the network for staking and validator nodes. Polkadot’s DOT token is not yet in general circulation. Share this article Polkadot has gone live with its…
A federal judge has denied the U.S. SEC’s request to inspect the technological infrastructure of Binance US, which has implications for cryptocurrency regulation. Key Points In a notable development, a federal judge has denied the SEC’s request to inspect the technological infrastructure of Binance US. This decision hampers the agency’s efforts to ensure compliance with…
All cryptocurrencies other than Bitcoin (BTC) were first described as altcoins for a single reason: There was a rise of projects that copied and pasted Bitcoin’s source code. The cryptocurrencies in the early stages weren’t unique enough to have a distinctive term, so “altcoin” (alternative coins) best fit their description. The community, at that point,…
