CoinspeakerRonaldo Teams with Binance to Launch His Second NFT Collection The NFT collection, which was launched today is tagged "Forever CR7: The GOAT" and focuses on Ronaldo's big career achievements, especially his goals on the football pitch. Ronaldo Teams with Binance to Launch His Second NFT Collection
Read More »Winklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products
CoinspeakerWinklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products The Gemini founders filed for the first Bitcoin ETF with the US SEC ten years ago, which was rejected for almost the same reason the recent BlackRock and Fidelity products were dismissed. Winklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products
Read More »Web3 Domain Name Protocol Punk Domains Partners with Flare Network for More Domain Extensions
CoinspeakerWeb3 Domain Name Protocol Punk Domains Partners with Flare Network for More Domain Extensions Punk Domains and Flare have partnered to launch more domain extensions and integrate domains with Bifrost for easy minting and fund transfer. Web3 Domain Name Protocol Punk Domains Partners with Flare Network for More Domain Extensions
Read More »Binance Announces Listing for Pendle in Innovation Zone, PENDLE Price Shoots 50%
CoinspeakerBinance Announces Listing for Pendle in Innovation Zone, PENDLE Price Shoots 50% The listing for Pendle (PENLDE) in the Binance Innovation Zone is a vote of confidence for the project and it will increase the chances of trade for investors. Binance Announces Listing for Pendle in Innovation Zone, PENDLE Price Shoots 50%
Read More »Bitcoin ATM Provider Bitcoin Depot Announces Merger Deal Closing, Set to Go Public on Nasdaq
CoinspeakerBitcoin ATM Provider Bitcoin Depot Announces Merger Deal Closing, Set to Go Public on Nasdaq The merger, which was first reported in August 2022 and cost around $885 million, was approved by the GSR II Meteora shareholders. It will allow investors buy Bitcoin Depot shares on the Nasdaq stock exchange from today, July 3. Bitcoin ATM Provider Bitcoin Depot Announces Merger Deal Closing, Set to Go Public on Nasdaq
Read More »SEC vs Coinbase Case Slated for July 13
In the Coinbase defense that triggered a new hearing date in July, the exchange noted that many of the tokens SEC highlighted in its allegations are outside the Commission’s purview. The long-awaited legal battle between crypto exchange Coinbase (NASDAQ: COIN) and the US Securities and Exchange Commission (SEC) has been scheduled to hold on the 13th of July. Coinbase is just one of the crypto companies under the radar of the US financial watchdog. The Commission alleges that the exchange...
Read More »Bitcoin Cash Surges to Over 1-Year High amid Rising Trading Volume in South Korea
Since BCH became one of the four cryptocurrencies traded on EDX, its price has continued to rise. In the last 24 hours, the crypto has spiked more than 30%, reaching $325 for the first time since April 2022. Bitcoin Cash (BCH) is experiencing a major increase in price and trading volume due to different reasons. One of the significant factors that have been said to affect its price is that Fidelity, Charles Schwab, and Citadel-backed EDX Markets introduced BCH as part of the assets...
Read More »Binance Application for German Operational License Denied by BaFin
The denial of a custody license in Germany poses significant challenges for Binance, as Germany represents one of Europe’s largest and most influential markets. Germany’s Federal Financial Supervisory Authority (BaFin) has reportedly denied the Binance exchange’s application for a crypto custody license. Finance Forward, a news publication, has reported that BaFin has communicated this decision directly to the exchange. The decision signifies a regulatory setback for the crypto trading...
Read More »ECB Set to Launch CBDC Market Settlement Trials by 2024
As research continues into a possible digital euro, the ECB plans to begin trials that settle transactions using a CBDC. The European Central Bank will begin trials on market transaction settlements using distributed ledger technology (DLT) via a central bank digital currency (CBDC). The ECB’s readiness to begin the CBDC trials and experimentation follows the first meeting of the New Technologies for Wholesale Settlement Contact Group (NTW-CG). The minutes of the meeting explored...
Read More »Binance Continues to Focus on Future Growth Aspects despite Regulatory Hurdles
In Binance’s peer-to-peer (P2P) platform, ML technology is employed to identify suspicious language in communications. By utilizing ML in P2P chat, feedback, and advertisements, potential payment scams, customer service impersonation, and malicious messaging can be detected. This technology has proven effective in preventing thousands of scams. For the know-your-customer (KYC) process, Binance utilizes a combination of computer vision (CV) and AI. These technologies aid in verifying...
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