Binance, the leading cryptocurrency exchange, has announced it is preparing changes to be able to work with regulators more closely. Its CEO, Changpeng Zhao, stated the company is ready to apply the needed revisions to transform the exchange into a regulated financial institution in the future. This is Binance’s answer to a series of regulatory …
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press release PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million. Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance (DeFi) ecosystem, is announcing the launch of an NFT-powered structured collateralized lending platform targeted …
Shiba Inu coin (SHIB) believers were in for a surprise Friday morning after Coinbase, one of the world’s largest and most regulated crypto exchanges, listed the memecoin on its platform. “SHIB is now live on Coinbase and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, …
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The cryptocurrency-infused financial tech company Revolut has announced it has purchased a Wework office with bitcoin. Revolut detailed that the office space in Dallas, Texas will house 300 employees to prepare for the company’s U.S. expansion. Revolut Pays Bitcoin for Wework Property in Texas On September 16, 2021, Revolut, the fintech firm that offers users …
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High-speed blockchain Avalanche jumped to highs of $68.30 today after several influential crypto investors revealed the close of a private funding round involving $230 million worth of AVAX tokens in June, CryptoSlate learned in a release. The Avalanche Foundation, a non-profit that oversees the development of the Avalanche blockchain, disclosed participants in the multimillion-dollar funding …
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Over a two-day voting period, which started on September 15, Internet Computer (ICP) token holders can vote for, or against, the proposed integration with the Bitcoin (BTC) blockchain. According to Dfinity Foundation, which is developing technology for the Internet Computer (ICP) blockchain, the integration will result in Bitcoin transactions with fast finality and low transaction …
All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global said that the bitcoin adoption has had “immediate negative implications for its credit rating.” …
sponsored As the floodgates are opening for large businesses and corporations to enter the crypto market, you see increasing demand for an established digital asset management platform. Luckily, Unido is among just a few who fits these criteria, but with all the noise in the crypto space now, it is crucial to compare similar products …
The Federal Reserve chairman Jerome Powell has directed his staff to start an ethics inquiry into the financial activities of Fed members, as a number of senior central bank officials are being questioned for their investments. Reports indicated last week that the president of the Dallas Federal Reserve branch, Robert Kaplan, benefitted from “multiple million-dollar-plus …
U.S. Senator Margaret Hassan has requested that government agencies take “additional targeted steps to prevent and prosecute the use of cryptocurrency for criminal purposes.” She expressed her concern over “the rise in the use of cryptocurrency for criminal purposes.” US Senator Requests Agencies Take Steps to Prevent and Prosecute Use of Crypto for Criminal Purposes …
Bitcoin and Ethereum, the two largest crypto assets by market cap, at varying times have enjoyed a high level of patronage from institutional investors around the world. However, according to a recent report by CoinShares, the latest crypto asset to be enjoying an influx of institutional investors is Solana. SOL dominates crypto inflow Per available …
After facing a ton of regulatory scrutiny about its lack of a physical headquarters anywhere in the world, Changpeng Zhao, the CEO of Binance, the largest crypto exchange by trading volume, has revealed that the exchange would be embracing a centralized headquarters sometime soon. Binance lacks a physical headquarter Binance, created four years ago, has …
Global esports performance brand Fnatic yesterday revealed Crypto.com, a crypto platform with more than 10 million users worldwide, as its inaugural Global Cryptocurrency Partner. The multi-year deal will enable Crypto.com to seamlessly engage with Fnatic’s truly global and digitally native audience and worth more than $15 million, CryptoSlate learned in a release. “We’re stepping up …
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Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts. However, developers must wait to use them as they are locked in a timelock contract. At the time of writing, metrics show an aggregate total of 2,352 smart contracts since the Alonzo upgrade was implemented. Cardano Has …
According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption of bitcoin as the crowd set fire to a bitcoin ATM. Human Rights Group …
