CoinspeakerCoinbase’s Legal Team Challenges SEC, Demands Clear Crypto Regulations Coinbase asserts that the SEC is exercising authority over crypto assets without establishing dedicated regulations for their treatment Coinbase’s Legal Team Challenges SEC, Demands Clear Crypto Regulations
Read More »Important Binance Update Affecting Ripple (XRP) Traders
TL;DR Binance is set to introduce XRP/USDT options trading by the end of the week, aiming to improve trading experiences with competitive pricing. The company also adjusted its offerings by suspending Solana withdrawals, delisting several altcoins, and adding new assets to Binance Loans. The leading cryptocurrency exchange continues implementing amendments on its platform “to enhance users’ trading experience.” According to a recent announcement, Binance will launch XRP/USDT...
Read More »Solana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum
CoinspeakerSolana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum Solana recorded about $15B in DEX volume in the past seven days, translating to a +153% weekly change. Solana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum
Read More »Binance.US Hit by Layoffs and 75% Revenue Drop Amid SEC Lawsuit Aftermath: Report
According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated by the U.S. Securities and Exchange Commission (SEC). In newly released court documents, Binance.US Chief Operating Officer Christopher Blodgett disclosed that the company has been compelled to terminate over 200 employees, amounting to two-thirds of its workforce, since June. Forced Layoffs and Revenue Plunge This downsizing...
Read More »Binance Welcomes AEVO (AEVO) as 48th Project on Its Launchpool, BNB Price Jumps
CoinspeakerBinance Welcomes AEVO (AEVO) as 48th Project on Its Launchpool, BNB Price Jumps The AEVO tokens have a 1 billion maximum supply and will allow farming by Binance users who stake FDUSD and BNB tokens from the 8th of March. Binance Welcomes AEVO (AEVO) as 48th Project on Its Launchpool, BNB Price Jumps
Read More »Bitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation
CoinspeakerBitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation Over $800M of the $1B in liquidation was accounted for by long positions, meaning leveraged bulls recorded massive losses. Bitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation
Read More »Binance Halts Nigerian Naira Transactions, Compliance Concerns Intensify
Binance has announced its plans to halt its services involving the Nigerian Naira (NGN) due to heightened regulatory attention from authorities in Nigeria. The crypto exchange said that it will remove all current NGN pairs by Thursday, and any remaining NGN balances will be transformed into USDT by Friday. According to the official blog post, Binance will halt NGN withdrawals starting from March 8, following which, any remaining NGN balances in users’ Binance accounts will be...
Read More »Binance to Cease All Nigerian Naira Transactions This Week
CoinspeakerBinance to Cease All Nigerian Naira Transactions This Week Despite regulatory challenges, Nigeria has emerged as one of the fastest-growing crypto economies globally. Binance to Cease All Nigerian Naira Transactions This Week
Read More »Important Binance Update Affecting PEPE Traders
TL;DR Binance adds new trading pairs, offering more diversity for users. The company has announced multiple updates as of late in response to market trends. The world’s leading cryptocurrency exchange will increase the number of trading pairs offered on Binance Spot. The ones available for users from March 5 include PEPE/FDUSD, UNI/FDUSD, OM/TRY, PIXEL/USDC, STRK/USDC, and THETA/TRY. Some of the involved cryptocurrencies like Pepe Coin (PEPE) and Mantra (OM) are well in the...
Read More »Former Binance Executives Unveil New Crypto Platform Blum
CoinspeakerFormer Binance Executives Unveil New Crypto Platform Blum Despite the challenges facing the crypto industry, Kostarev and Smerkis remain undeterred in their pursuit of establishing Blum as a dominant player in the market. Former Binance Executives Unveil New Crypto Platform Blum
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