BNB was one of Wednesday’s biggest movers, as the token rebounded from a recent one-year low. The price decline came as crypto exchange Binance came under scrutiny for allegedly assisting sanctioned Russian clients in moving funds abroad. Shiba inu also rose, following recent losses. BNB BNB, the native token of cryptocurrency exchange Binance, rose by […]

Quick Take The Bitcoin network is currently experiencing a precarious phase, with market indicators revealing substantial investor weakness from multiple facets. A significant part of this fragility stems from short-term holders, those who have been in possession for less than 155 days. The current capitulation levels of this cohort bear a stark resemblance to the […]

FTX founder Sam Bankman-Fried intends to blame “counsel advice” provided by the company’s internal legal team and Fenwick & West, a prominent Silicon Valley law firm, in his case against the U.S. government. In an Aug. 23 letter to Judge Lewis Kaplan, Bankman-Fried’s lawyers wrote that their client received legal advice from Fenwick in making […]

The post Tornado Cash Co-Founder Added to OFAC’s SDN List! appeared first on Coinpedia Fintech News Roman Semenov, the co-founder of Tornado Cash, a decentralized privacy solution for Ethereum, has been added to the US Office of Foreign Assets Control’s (OFAC) list of Specially Designated Nationals and Blocked Persons (SDN). The OFAC list is used […]

The post Coinbase Delists Six Altcoins, Including BOND and DDX! appeared first on Coinpedia Fintech News Cryptocurrency exchange Coinbase has announced that it will delist six altcoins, including BarnBridge (BOND) and DerivaDAO (DDX), on September 6, 2023. Other altcoins being delisted are Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). The exchange did not […]

BTC/USD 22793 Major Downside Target:  Sally Ho’s Technical Analysis – 24 August 2023 Bitcoin (BTC/USD) continued to experience expanding volatility early in the Asian session as the pair hovered around the 26000 figure after trading as low as the 25350 area, representing a test of the 23.6% retracement of the recent appreciating range from 24750 […]

Crypto custody joint venture Komainu announced it received a full operating license from Dubai’s Virtual Asset Regulatory Authority (VARA).  Komainu, the joint venture (JV) between Nomura, Ledger, and CoinShares, has been awarded a full operating license from Dubai’s Virtual Asset Regulatory Authority (VARA). The operating license allows Komainu to offer its full range of custody […]

Chinese police may have busted Multichain in a money laundering investigation, but many questions remain, including its CEO’s alleged fake ID. On July 14, developers of the $1.5-billion Chinese cross-chain protocol Multichain confirmed users’ worst fears. The protocol’s CEO, identified only as “Zhaojun He,” was arrested by Chinese authorities in Kunming on May 21 after […]

The platform will facilitate the buying and selling of Web3 data among enterprises; Alibaba Cloud and Huawei are among the companies to participate. During the 2023 Hangzhou Summit held in Hangzhou, China, a new data exchange powered by blockchain technology was unveiled by government officials. Over 300 enterprises, including Alibaba Cloud and Huawei, participated in […]

PRESS RELEASE. Examining the historical data of past Initial Exchange Offerings (IEOs) could offer valuable insights into the anticipated outcomes, particularly pertinent in the lead-up to the imminent LBank IEO. This practice has gained prominence as both investment stakeholders and project teams exhibit heightened attention towards the performance metrics of tokens enlisted across diverse exchanges. […]