Binance, the cryptocurrency exchange, has strongly denied the allegations of mismanaging its clients' funds. The company responded to a Reuters report that claimed it had mixed customer funds with corporate income.
The Reuters report alleged that Binance had violated United States banking…
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cryptocurrencies
Binance suspends Australian dollar withdrawals
Binance Australia, a cryptocurrency exchange, announced the suspension of its Australian Dollar (AUD) services after its local payment service provider, Zepto, stopped supporting the exchange.
On May 18, Binance Australia tweeted that…
Cryptocurrency companies in Europe must declare user assets
The European Council, in its search to reduce the administrative burdens generated by cryptocurrencies, will extend to exchanges the obligation to declare user assets, such as bitcoin, stablecoins and NFTs.
EU finance ministers are…
Japan, the most affected by cryptocurrency hacks from North Korea
A study by blockchain analytics firm Elliptic reveals that Japan is the country most affected by cyberattacks by North Korean hackers, resulting in the loss of cryptocurrency. According to the report released by the Japanese financial…
The United States could allow bail payments with stablecoins
The Governors of New York introduced Assembly Bill 7024, to implement stablecoin bail payments.
Taking into account that stablecoins have the support of a fiat currency, one can think of greater security and easy integration into the…
Binance will quit the Canadian market in September
Binance announced its exit from the Canadian market due to new guidelines imposed by the country's regulators that continue to impact the cryptocurrency sector. Calling its withdrawal “proactive,” the cryptocurrency exchange joins other…
Coinbase establishes an advisory council to face the cryptocurrency scenario
Coinbase revealed the formation of an advisory council made up of former US lawmakers and prominent industry leaders, following a visit by some members of its management team to the United Arab Emirates.
In a recent blog post, Coinbase…
Binance launches platform for VIP clients
Major cryptocurrency exchange Binance announced the launch of its new Capital Connect platform for VIP clients.
The objective of the crypto exchange is to allow the connection between institutional investors and fund managers in digital…
Tether has a reserve surplus of $2.44 billion
Tether Holdings Limited released its assurance report for the first quarter of 2023, reaffirming the accuracy of Tether's Consolidated Reserves Report (CRR). The CRR introduces additional categories to increase transparency in information…
Bitcoin Conference 2023 will be held in Miami
In the city of Miami, United States, the Bitcoin Conference 2023 will be held, between May 18 and 20, to address issues such as the current regulation of cryptocurrencies, bitcoin mining, emerging businesses and the market in general.
The…
Gemini officially launched its exchange outside of the US
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has officially launched a new platform for clients outside the US. The platform, known as Gemini Foundation, is now available in over 29 countries including…
Pepe token price shoots up 300 %
The cryptocurrency market experiences ups and downs that keep investors in constant tension. However, the Pepe memecoin remains and exceeds expectations, with a historical increase in its value of 300 %.
With this score achieved over the…