Binance, the largest crypto exchange, has finally reached a settlement with Brazilian regulators for $1.76 million over unlicenced derivatives trading allegations. This comes after an investigation into the exchange, which lasted a year regarding its activities in Brazil. Binance’s Derivatives Trading Allegations The Brazilian Securities and Exchange Commission (CVM) asked Binance to halt its derivatives...Read More
Bitwise reports that U.S.-based institutional investors continue to demonstrate strong support for Bitcoin through spot ETFs, with around 66% either maintaining or increasing their holdings. This trend comes amidst market volatility and declining prices during Q2. Surge in Institutional Filings Bitwise’s chief investment officer, Matt Hougan, highlighted this trend in an August 15 post on...Read More
The State of Wisconsin Investment Board (SWIB) has announced increasing its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) by 447,651 shares. The latest addition brings its total to over 2.89 million as of June 30, according to a recent SEC filing. SWIB Expands Bitcoin Exposure SWIB, an independent agency handling assets for Wisconsin’s retirement and...Read More
[PRESS RELEASE – Miami, Florida, August 15th, 2024] Floki has partnered with Nottingham Forest football club, which currently is playing the English Premier League (EPL). Announced on Thursday, Floki will be the official cryptocurrency partner of Nottingham Forest and have extensive marketing and promotional rights. “We are proud to join the ranks of the Premier...Read More
Sahil Arora, who has been associated with a series of high-profile celebrity-backed meme coins, reportedly netted approximately $3 million this year, according to blockchain investigator ZachXBT. This figure starkly contrasts with the $30 million earnings estimate initially reported by blockchain data platform Bubblemaps. Who Is Sahil Arora? Arora, an Indian entrepreneur now living in Dubai,...Read More
[PRESS RELEASE – London, UK, August 15th, 2024] XDB CHAIN, a pioneering blockchain platform, is revolutionizing the Real World Assets (RWA) market. By creating token representations of branded interactions—such as product usage and community membership—XDB CHAIN transforms intangible assets into valuable digital ones. This innovative approach can position XDB CHAIN as a leader in the...Read More
[PRESS RELEASE – New York, NY, August 15th, 2024] Collaboration with major developers bring exciting launch titles from Mighty Bear, Parallel, Infinigods, and more Today, B3.fun, a groundbreaking horizontally-scaled gaming ecosystem built on Coinbase’s L2 network, Base, debuts its Mainnet and officially launches its game discovery platform, BSMNT.fun. At launch, over 20 gaming studios have...Read More
Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin mining companies, has bought approximately $249 million worth of Bitcoin. The purchase was funded by successfully closing a $300 million senior note offering. MARA Raises $300M in Private Note Offering In an August 14 press release, Marathon Digital Holdings (MARA) announced the completion of...Read More
A new listing – BANANAUSDT – the trading bot, will be available to trade on BitMEX, with up to 10x leverage. Trading is expected to commence at 04:00 UTC on 16 August 2024. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users-...Read More
Pi Network is one of the most controversial projects in the cryptocurrency industry. Launched more than six years ago, there’s still no clear indication of when its users can expect some sort of straightforward token launch. That said, the core team behind the project recently made a statement, updating its followers on the progress. According...Read More
Artificial Intelligence is undoubtedly one of the hottest topics within the cryptocurrency industry (and well beyond it) throughout the past few years. With the advent of firms dedicating their efforts to further improving and developing various AI-based tools and programs, many crypto projects have also integrated novel technology within their protocols. You can take a...Read More
Crypto algorithmic trading platform and market maker Jump Trading has resumed its ether (ETH) sales, offloading more than 17,000 ETH worth over $46.44 million on Wednesday. An X post by blockchain analytics firm Lookonchain disclosed that Jump Trading claimed the assets from the liquid staking protocol Lido and moved them out for sale in batches...Read More
[PRESS RELEASE – Singapore, Singapore, August 14th, 2024] The decentralized derivatives trading platform, ELFi Protocol, officially launched today on the Arbitrum network. ELFi is a decentralized derivatives trading platform dedicated to creating a unique and forward-looking trading experience that rivals centralized exchanges (CEX). ELFi is the first to implement a Portfolio Margin and vAMM hybrid...Read More
