Binance CEO outlines plan for crypto exchange after CZ steps down
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21.…
Crypto exchange grace period to remain unchanged in Hong Kong despite scandals
The recent JPEX and Hounax exchange scandals have resulted in losses exceeding $100 million. A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite…
Standard Chartered joins China’s CBDC pilot testing
The British bank will provide e-CNY CBDC services to clients and explore its future use in China’s financial system. British multinational bank Standard Chartered will partake in trials of China’s…
Crypto miner Hive expands data center operations in Sweden
Hive Digital Technologies has acquired land and a data center to expand its operations in Sweden, house the incoming generation of ASIC servers and increase Bitcoin production. The cryptocurrency mining…
Bitcoin Shrugs off a Binance DOJ Settlement to Hold $36,000, BNB, BLUR, SEI, Nov. 27
BNB Binance Coin (BNB) lost 8% last week after news of a settlement with the U.S. Department of Justice. The deal will see the exchange pay a fine of $4.3…
The Pros and Cons of Cryptocurrency Payments Processing
Crypto payment processing involves the handling of transactions conducted using cryptocurrencies. A cryptocurrency payment refers to a transaction conducted using a cryptocurrency as a medium of exchange, replacing traditional fiat…
Real AI use cases in crypto, No. 1: The best money for AI is crypto
No bullsh*t, hype-free use cases for AI and crypto: Crypto is the currency of choice for autonomous AI agents, says Jeremy Alliare & ChatGPT. For every genuine blockchain project harnessing…
Mainstream approval critical for blockchain games — Gaming execs
Three gaming executives believe mainstream audiences will play a factor in the overall success and future of Web3 games. Web3 game developers have been battling to gain the attention of…
Binance-linked HKVAEX still preparing to apply for license in Hong Kong
HKVAEX and VAEXC are different crypto platforms in Hong Kong and have nothing to do with each other, a HKVAEX representative said. Hong Kong cryptocurrency exchange HKVAEX has not applied…
OKX launches crypto exchange, wallet services in Brazil
The global cryptocurrency exchange and Web3 service provider launched a local exchange and Web3 wallet in Brazil as the country continues its competitive crypto streak. Cryptocurrency exchange and Web3 developer…
Hex Founder Richard Heart Has Court Appearance Delayed Because SEC Can’t Serve Him
The US Securities and Exchange Commission (SEC) is struggling to serve Hex and PulseChain founder Richard Schueler, best known as Richard Heart, with a lawsuit, Go to Source
Scam Vendor ‘Inferno Drainer’ Strikes Again, Steals 6 NFTs On OpenSea In A Phishing Attack
Inferno Drainer, a new scam vendor specialising in multi-chain phishing scams, appears relentless in perpetrating attacks against crypto and non-fungible token investors. This time around, Go to Source
$750M in locked crypto tokens to be released by December
DYdX, Optimism, 1inch and Aptos are expected to release over $750 million in locked tokens by December, according to data tracker Token Unlocks. Around $750 million of vested digital assets…
BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week
Bitcoin on-chain data is pointing to “up only” as BTC price action fights to eke out an uptrend below fierce resistance near $40,000. Bitcoin (BTC) starts a new week keeping…
Average value of undeclared crypto in Japan dropped 19% in 2022
The number of tax evasion cases featuring crypto assets rose 35% in 2022. According to Japan’s tax authorities, the average value of undeclared income in crypto fell by 19% in…