The implosion of LUNA/Terra and the accompanying catastrophic industry-wide spread that led to several bankruptcies are mentioned first in the road map. As part of this effort, the administration's top minds have devised a plan to ensure the secure and responsible...
Market News
Binance and Mastercard: A Revolutionary Partnership in Brazil
Overview of Binance and Mastercard Binance, founded in 2017, has evolved into one of the largest and most widely used cryptocurrency exchanges globally. It offers a platform for users to buy, sell, and trade various cryptocurrencies and provides services such as...
As global regulators grow wary of cryptocurrency, Japan embraces Web 3
Japan is in a position to play a special role in the cryptocurrency business, whilst many other nations are just stoically shrugging their shoulders in the cold wind. According to a proposal by the Web3 project team of the ruling Liberal Democratic Party of Japan. Or...
White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation
The White House urges Congress to "Step Up Its Efforts" on Cryptocurrency Regulation In a statement issued on Friday, four senior U.S. officials from the Biden administration urged Congress to "step up its efforts" to control the cryptocurrency industry. The...
WazirX Says Binance Lied About Ownership as Dispute About India’s Largest Exchange Escalates
Emails received by CoinDesk have provided additional details on the ongoing conversation surrounding the vague and disputed ownership of WazirX, India's largest cryptocurrency exchange. The ownership of WazirX was acknowledged in November 2019 after Binance, the...
Since the implementation of crypto tax rules, Indians have transferred over $3.8 billion to foreign exchanges.
According to a research report conducted by Esya Centre, a New Delhi-based technology policy think tank, Following the country's introduction of harsh crypto tax rules in February of last year, Indians moved more than $3.8 billion in trading activity from domestic to...
WazirX, a cryptocurrency exchange, has released Proof of Reserve to boost transparency.
WazirX's Background WazirX is the largest cryptocurrency exchange in India. WazirX, which was founded in 2018, has risen to become the most reputable exchange in the Indian crypto sector. It is a subsidiary of the Binance Group, which operates the world's largest...
Lobbyists in Singapore are opposed to the planned blanket prohibition on lending crypto tokens.
The largest crypto advocacy organisation in Singapore has criticised the central bank's proposals to prohibit crypto businesses from lending out retail clients' digital tokens, calling such a step "overly restrictive." According to an 11-page comment provided late...
Helios is a “transformative acquisition” for Galaxy, according to Mike Novogratz.
The Galaxy CEO seemed undaunted by this year's devastation in the BTC mining business, stating that the company plans to dramatically increase its mining activities. Galaxy Digital Holdings CEO Mike Novogratz describes the Helios mining purchase as a game changer for...
Binance has temporarily ceased operations of Terra Traditional (LUNC) Burns: Token Drops 12%
Binance is a cryptocurrency exchange that is the largest in the world in terms of daily cryptocurrency trading volume. It was formed in 2017. Its headquarter is in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who previously built high...