Ransomware has become the biggest threat to online security, affecting all industries connected to the internet – from supply chains, to healthcare institutions. Therefore, a critical part of Binance’s commitment to ensuring the secure and sustainable growth of the global crypto ecosystem involves fighting different strains of ransomware and fraud. Earlier this year we released a …
Yearly archives: 2022
SEC Head Wants To Take Steps To Bring Crypto Exchanges Under Regulations: Report
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler says he wants to bring crypto exchanges under the umbrella of regulation this year. Gensler says in a new virtual press conference that he hopes crypto exchanges will take steps towards becoming regulated in the coming months, Bloomberg reports. Explains the SEC chair, “I’ve asked staff …
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Former VK.com CEO Andrew Rogozov Joins TON Foundation As Founding Member To Oversee Product Efforts at Successor of Telegram’s Blockchain Project
January 21, 2022 – Abu Dhabi, United Arab Emirates After years of building, The Open Network (TON) is excited to announce an exclusive addition to its team – Andrew Rogozov, former CEO of VK. Rogozov will join the TON Foundation as a founding member, leading the charge on the community-led successor of the Telegram Open Network. Originally …
Heroes of Mavia Closes $5.5 Million Seed Round Led by Binance Labs, Genblock Capital
January 21, 2022 – Hanoi, Vietnam Heroes of Mavia – a blockchain-based, play-to-earn, massively multiplayer, online (MMO) strategy game developed by Skrice Studios – is thrilled to announce the closing of its $5.5 million seed funding round. The project will use the proceeds to develop the game, attract top talent and grow the community. The seed round …
Reuters: Binance was withholding information from regulators, repeatedly shunned own compliance department
In a report published on Friday, Reuters laid out the findings of its investigation into the regulatory compliance practices of Binance, the world’s largest cryptocurrency exchange by trading volume. The authors suggest the existence of a recurring pattern whereby the company’s CEO Changpeng Zhao, while proclaiming its openness to government oversight, ran an organization that …
Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and most major altcoins continue to witness a bloodbath on Jan. 21 and the result of the most recent downturn has been a $200 billion reduction in market capitalization. A new report by Huobi Research, in collaboration with Blockchain Association Singapore, forecast Bitcoin to enter a bear market in 2022. The liquidity tightening measures …
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Crypto-loving anti-vax group seeks like-minded talent to live in African ‘paradise’
A group of people who have claimed they refuse to take any of the COVID-19 vaccines — at a time when the number of cases around the world is at an all-time high — is reportedly looking for a cryptocurrency expert to join them in Africa. According to a Friday report from Vice, the group …
Does a Fed digital dollar leave any room for crypto stablecoins?
During Jerome Powell’s Jan. 11 United States Senate confirmation hearings, Sen. Patrick Toomey posed a question to the incumbent-and-future Federal Reserve chief: “If Congress were to authorize and the Fed were to pursue a central bank digital dollar, is there anything about that that ought to preclude a well-regulated privately-issued stablecoin from co-existing with a central …
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The biggest security breaches of 2021
According to on-chain analytics firm Chainalysis, the volume of criminal cryptocurrency transactions in 2021 peaked at a new all-time high – $14 billion. However, despite the rise in criminal transfer volume, its relative share to the entire cryptocurrency transaction volume of 2021 was the lowest of all time. These statistics show that the expansion of …
How will Cardano scale to meet the demands of its burgeoning dApp ecosystem?
It’s official, the Basho era of Cardano is here, bringing a new chapter focused on optimization, scaling, and interoperability. And, as the Cardano dApp ecosystem begins to fill out, useability improvements have never been as critical. Especially so, given the less than smooth roll-out of SundaeSwap on Thursday. In laying the stage for this, John …
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Crypto suffers $200 billion drawdown, what’s happening?
Thursday evening (GMT) saw the start of the crypto market slide. Of the top 100, excluding stablecoins, only Safemoon, Leo, and BitTorrent managed to stay green over the last 24-hours. Source: CoinGecko.com Before the slide, the total crypto market cap was valued at $2.029 trillion. Over the course of the night and into the early …
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Russia’s central bank releases a damning report, proposing a blanket ban on crypto
Moscow could soon crackdown on cryptocurrency operations in the country, as Russia’s central bank released a damning 36-page proposal earlier this Thursday. Stating investor protection, financial stability and environmental concerns, the main regulator of Russia’s financial markets proposed outlawing the use and mining of cryptocurrencies in the country. The Bank of Russia proposed the following …
$4B non-profit established to stabilize UST stablecoin
With a market cap of more than $170 billion, stablecoin adoption is exploding. The total market of stablecoins grew 450 percent in 2021 alone. Stablecoins are viable internet-native mediums of exchange between public blockchains, and act as the base layer and collateral for the DeFi space. The dominant stablecoins on the market today, USDT and …
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These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022
A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The …
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Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud. Central Bank Asks Russian Banks for Details on Crypto-Related Transactions In late …
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