Crypto news

Binance’s venture capital and incubation arm, Binance Labs, has announced investing $10 million in LayerZero Labs-based lending and borrowing protocol, Radiant Capital. The capital raised in the strategic funding round will be deployed to tech and product development to expand on oracle support, collateral expansion, Ethereum mainnet deployment, cross-chain liquidations, dual-emissions support, abstracted repayments, and full LayerZero messaging support. According to the...

With a swath of Bitcoin spot ETF applications knocking at the regulators’ doorsteps, it’s only a matter of time before the U.S. Securities and Exchange Commission (SEC) is forced to issue a decision on whether or not to approve them. Estimates show that the agency may approve the first application as early as August. First Deadline Incoming According to Bloomberg ETF analyst James Seyffart, the ARK 21shares Bitcoin ETF – which has been denied alongside other spot ETFs in past...

The past seven days have mostly been centered around Bitcoin and the aftermath of the ruling in the case between Ripple and the United States Securities and Exchange Commission. That said, the total market capitalization declined by some $11 billion throughout the same period, as investors are wary of future uncertainty. Bitcoin’s price has largely remained around the $30K area – a pivotal level that’s consisted of significant technical but also psychological resistance. BTC...

The “BITCOIN” cryptocurrency has skyrocketed by over 300% in value over the past week – gains the world’s largest cryptocurrency could only hope to gain through a massive influx of investor capital. That said, a closer look shows that’s not exactly what happened. “BITCOIN” is actually the ticker symbol for a relatively new meme token, called HarryPotterObamaSonic10Inu (ERC-20). Data from CoinMarketCap shows that the token is suddenly generating over $14 million in daily...

Immunify.Life is thrilled to announce its initial token listing on Quickswap, one of the leading decentralised exchanges in the blockchain space. The launch is slated to take place on July 22nd at 1 pm UTC, representing a crucial step in the project’s journey and providing it significant exposure and liquidity. Introducing Immunify.Life Immunify is the cutting-edge, blockchain-powered healthcare platform that allows patients, medical practitioners, and researchers...

The Securities and Exchange Commission (SEC) is now going after popular North American crypto exchange Coinbase in a court of law. As if attacking Binance (as we reported earlier) wasn’t enough, the financial agency is looking to add another large firm to its victims list. The SEC Sues Coinbase Allegations against Coinbase suggest that the firm operated an illegal and unregistered exchange for the past several years (the company has been around since 2012). The...

The Solana network has not suffered any outages in the last five months and has been 100% uptime since February. The enhanced network performance marks a striking transformation from the previous year when layer-1 network outages caused severe disruptions. A new report released by Solana Foundation stated that the subsequent upgrades, including the rollout of QUIC TPU, Stake weighted QoS, and localized fee markets, have helped the network to handle high traffic and demand....

CoinspeakerFrench Central Bank Unveils Results of Extensive Wholesale CBDC Tests The French Central Bank is not alone in conducting wholesale CBDC experiments. For example, the Bank of England (BoE) is set to conduct a similar test soon. French Central Bank Unveils Results of Extensive Wholesale CBDC Tests

The Securities and Exchange Commission (SEC) has made it very clear it doesn’t care if a crypto company is big or small. It will go after any digital currency enterprise with a persecuting hand, as it demonstrated yet again last month when it announced plans to sue Binance, the largest and most popular digital currency exchange in the world. The SEC and Binance Go Head to Head The news caused bitcoin and Ethereum to drop to their lowest points in just over two...

The Department of Justice (DOJ) of the United States plans to reinforce its team responsible for investigating cryptocurrency-related crimes with more prosecutors. The unit will also have a new leader, with Claudia Quiroz replacing Eun Young Choi at the helm. The team has played a major role in many of the DOJ’s crypto cases, such as bringing charges against Bitzlato and the investigation into Binance. Bringing NCET to ‘the Next Level’ The DOJ disclosed that it will more than...