Category: Blockchain

Binance, a Singapore-based global cryptocurrency exchange, announced Friday that not allow Hong Kong users to open new derivatives accounts, effective immediately.  Binance stated that it would give users of Binance who have opened accounts a 90-day grace period to deal with existing derivatives product accounts to close their open positions, and Hong Kong customers who have held

Blockchain research and analytics platform, Messari has raised a total of $21 million from investors in a Series A funding round. The capital raise was led by Steven Cohen’s Point72 Ventures, marking the first time the billionaire will officially be getting involved in the Bitcoin (BTC) and digital currency ecosystem. According to a report by

Ethereum (ETH) continues to be the talking point in the crypto community after the London Hardfork or EIP 1559 upgrade going live on August 5. As a result, the first-ever deflationary block on the Ethereum network happened.  The Ethereum network is anticipated to gain steam based on this development. ETH is set to become deflationary, given that its

Crypto experts welcome the recent lifting of cryptocurrency advertisements in general from Google. Yet, industrial leaders still concern their interest in practice could be undermined by the new policy. This week’s latest implementation of lifting the ban on crypto-related advertisements is due to an updated policy statement published by Google in June. Experts believe Google’s

Apeswap.Finance protocol is a decentralised exchange built on Binance Smart Chain, which provides users with access to all sorts of financial markets from payments, lending, derivatives, staking, tokenised assets to alternative savings and many more. The DeFi protocol has grown in popularity with the masses because of the enormous opportunities to benefit from what was

Grayscale Investments has hired Davi LaValle, the former CEO of energy and infrastructure index provider Alerian, as its ETF chief. Mr. LaValle will be the senior managing director and global head of ETFs at Grayscale Investments. He will lead efforts by Grayscale, which recognises itself as the world’s largest digital currency asset management firm, to

An exclusive report on Bitcoin (BTC) and crypto-related forfeitures by the United States Internal Revenue Service (IRS) has revealed that the tax agency has realised about $1.2 billion in cryptocurrency seizures this fiscal year. While the figure may appear little compared to the broader crypto industry market capitalisation size, the CNBC led report highlighted the

Victory Capital Management, a global asset management company listed on Nasdaq Stock Market, has applied to the US Securities and Exchange Commission (SEC) to list an Exchange-Traded Fund (ETF) tracking the Nasdaq Crypto Index (NCI). Victory filed a Form S-1 registration on Wednesday, August 4, and talked about the development, stating that it plans to

Non-Fungible Token (NFT) trading platform MakersPlace today announced the completion of a $30 million Series A financing jointly led by Bessemer Venture Partners and Pantera Captial. This time, the funds raised will provide a platform with better tools and services for digital creators and develop various ways to introduce creators’ digital art and NFT to

Three American Senators, including Oregon Senator Ron Wyden, Wyoming Senator Cynthia Lummis, and Pennsylvania Senator Pat Toomey, have proposed an amendment to the controversial Infrastructure Bill. The bill initially classified some crypto entities, including miners, as brokers with the need to report transactions worth $10,000 and above to the Internal Revenue Service (IRS).  However, the