• BNB token price has surged 8.7% and its trading volume has grown 78% over the last 24 hours. • The surge may be due to recent U.S. banks’ saga that created a newfound interest in BNB, or due to crypto enthusiasts using the platform for transactions. • Altcoins have also seen a moderate recovery, […]
Category Archives: Allgemein
MakerDAO to Invest $1.25B in US Treasury Bonds: Will MKR Token Hold Gains?
• MakerDAO is considering increasing its investment in US Treasury bonds from $500 million to $1.25 billion. • The new proposal involves a 6-month rollover scheme every two weeks and aims to take advantage of the current yield environment. • Maker’s 24-hour chart performance shows it struggling to recover amid the announcement of its new […]
Ex-FTX Engineer Charged with Fraud: SEC Seeks $6M in Returns
• Nishad Singh, ex-Co-Lead Engineer of FTX Trading Ltd., has been charged by the SEC for his role in a multi-year scheme to defraud equity investors in FTX. • Singh developed a software code that facilitated the transfer of FTX customer funds to Alameda Research, a crypto hedge fund co-owned by Samuel Bankman-Fried and Gary […]
Illinois Lawmaker Floats Bill to Reverse Blockchain Transactions
• Illinois Sen. Robert Peters has introduced the Digital Property Protection Act, which aims to mandate blockchain projects in the state to reverse executed on-chain transactions when ordered by a court. • The bill would impose civil penalties of between $5,000 and $10,000 per day for noncompliance with court orders to roll back disputed transactions. […]
SEC to Vote on Crypto Custodian Rules: What It Means for Investors
• The US Securities and Exchange Commission (SEC) plans to propose new regulations this week that could affect the services crypto firms offer their clients. • A five-member SEC panel will vote on the proposal on Feb. 15, 2021. • If approved, the proposed rule would make it difficult for crypto firms to operate as […]
Binance Ends Wallet Services for WazirX After Dispute
• Binance has stopped its wallet services for the Indian cryptocurrency platform WazirX following a public argument over ownership. • Binance gave Zanmai Labs an ultimatum to withdraw their false statements or end the partnership, and since no satisfactory reply was received, they have discontinued their association. • The proof of reserves report showed that […]
Polygon MATIC Surges 16% in the Past Week, Reaching 48% Growth Since Late December
• Polygon MATIC surged 16% in the past week, reaching a 48% surge since late December last year. • The token has a $1.19 billion trading volume with a $9.4 billion market cap. • Recent partnerships and launches such as the most recent AMA with Ovix Protocol have helped foster an increase in daily active […]
Justin Sun Moves $281 Million of Tokens in On-Chain Activity
• Justin Sun, co-founder of Ethereum and Tron, has recently moved over $281 million worth of tokens since Jan. 16. • The transactions include a swap on decentralized exchange 1inch Network, several interactions with DeFi protocol Aave, Binance, and Compound, and to a null address. • The most notable transfers are three transactions sent to […]
ENS DAO Proposes to Liquidate 10K ETH to Fund Running Expenses
• A member of the Ethereum Name Service (ENS) DAO has proposed to liquidate 10,000 ether (ETH) to fund running expenditures over the course of the next two years. • The ENS DAO’s treasury currently holds 40,746 ETH and 2.46 million USDC. • The value of the ENS token has increased from $10.73 to $13.68 […]
Busan to Launch World’s First Decentralized Digital Commodity Exchange in 2023
• Busan, South Korea, will be launching the world’s first decentralized digital commodity exchange in H2 2023. • The exchange will tokenize intellectual properties, gold, ships, and real estate. • The project is expected to kick off in February 2023, and a legal corporation will be established to carry out technical tests. Busan, South Korea, […]