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Read More »Binance CEO Announces 1,000 New Hires Amid U.S. Regulatory Pressure
Binance, the world’s largest cryptocurrency exchange, is set to hire 1,000 new employees this year, with a significant portion of these roles focused on compliance. This move comes at a time when Binance has been escalating efforts to address the increasing regulatory pressures, notably in the US where its compliance outlay is likely to exceed $200 million annually. The information was disclosed by Binance’s Chief Executive Richard Teng to the Bloomberg News in an interview during his trip to...
Read More »Shiba Inu Reveals Release Schedule for First Shibarium-Based Web3 Game
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Read More »Babylon to Launch Self-Custodial Bitcoin Staking Mainnet in Two Days
Babylon, a blockchain developer, is set to launch its self-custodial Bitcoin staking mainnet in just two days as part of a phased rollout. This launch is designed to leverage Bitcoin’s economic properties to strengthen the security frameworks of proof-of-stake (PoS) blockchains. It offers a new level of security for decentralized systems. The most fundamental aspect of this new system is that the user can stake his or her Bitcoin via a smart contract. This self-custodial model can ensure...
Read More »Catizen Debuts New Mini-Games Set to Boost Engagement and Player Rewards
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Read More »Ethereum ETFs Hit Record Outflow Streak as Investment Drought Continues
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Read More »Bitcoin (BTC) Price Signals Potential Rally to $70K Fueled by Rising Demand from Institutional Investors
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Read More »Crypto Exchange Bitget Adds Support for PayPal’s Stablecoin PYUSD on Solana
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Read More »Brazilian Regulator Grants Approval for Second Solana ETF in the Country
The Brazilian Securities and Exchange Commission (CVM) has greenlighted a second Solana exchange-traded fund (ETF) weeks after it approved its first one on August 8. According to the CVM’s central database, the product will be launched by Hashdex, an asset manager based in Brazil, in collaboration with the local investment bank BTG Pactual. Brazil’s Second Solana ETF However, the newly approved Solana ETF remains in a pre-operational phase. Hashdex manages over $962 million...
Read More »Trump Trade: Bitcoin Pops 4% On Rumors Of Upcoming RFK Dropout
Bitcoin surged by 4% back to $61,550 on Wednesday as speculation grew that Robert F. Kennedy Jr. may soon exit the 2024 U.S. Presidential race to endorse Donald Trump. The news has re-established Trump as a betting favorite to win the November election, which is thought by analysts to have major implications for Bitcoin’s short-term price movements. As reported by ABC News, RFK Jr. will drop out by the end of the week, with sources saying he will endorse Trump. When contacted...
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