In a recent announcement, Binance Labs revealed its investment of $5 million in Curve DAO Token (CRV). This strategic collaboration aims to strengthen the DeFi platform after it experienced a recent attack. Yi He, Co-Founder of Binance and Head of Binance Labs, stated that the investment is a demonstration of the full support offered by
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The U.S. Securities and Exchange Commission (SEC) has recently announced a settlement of $24 million with Bittrex and its former CEO, William Shihara. This settlement follows a series of allegations made by the SEC against Bittrex. One of the prominent allegations was that coin issuers looking to list their tokens on the exchange were instructed
Binance Labs, the venture arm of the prominent cryptocurrency exchange Binance, has recently made a significant investment of $5 million in Curve (CRV), the token of the decentralized stablecoin trading platform. This investment marks a turning point for Curve and has far-reaching implications for the decentralized finance (DeFi) ecosystem. Curve is distinguished as the largest
The central bank digital currency (CBDC) issued by Banco Central do Brasil is reportedly set to see the light of day in 2024. Its main purpose will be to boost financial services in the country. Brazil is not the only nation interested in introducing a CBDC, as countries like China, Russia, Japan, Australia, and the
Trading can often seem like a perplexing puzzle, with traders scrambling to piece together crucial bits of information. With the rise of cryptocurrencies, the challenge has grown. But imagine if technology could simplify making sense of it all to see the bigger picture. yPredict, an AI-powered platform for crypto trading research, is on a mission
Decentralized exchanges (DEX) have long been a popular choice for cryptocurrency traders seeking more control over their assets. In the world of DEX, there is a new player on the rise – Base, Coinbase’s newly launched layer2 network. Within just 24 hours of its public launch, Base has already surpassed established layer1 networks like Cardano
Ripple’s recent legal victory against the United States Securities and Exchange Commission (SEC) has not only boosted market sentiment but has also ignited a surge in activity on the blockchain. In a significant development, XRP has now surpassed Ethereum in terms of daily transactions carried out on the Ripple Ledger. This milestone showcases the resilience
In a surprising turn of events, the non-fungible token (NFT) project y00ts has decided to switch blockchain networks once again. It was only four months ago that the majority of its NFTs were bridged from Solana to Polygon. However, DeLabs, the NFT firm behind y00ts, recently announced that it will soon be migrating to Ethereum,
In a high-stakes legal battle, attorneys representing Tesla CEO Elon Musk are calling for the dismissal of a multi-billion dollar case accusing the celebrity entrepreneur of insider trading with Dogecoin (DOGE) against his online followers. The lawyers argue that the accusations should be dismissed with prejudice, preventing plaintiffs from burdening the judicial system with additional
The iconic television franchise, Star Trek, has taken a bold step into the world of NFTs and crypto collectibles. CBS Studios has recently submitted an application to secure the name “Star Trek Continuum” for their new line of digital assets. This move demonstrates the growing interest and potential of NFTs in the entertainment industry. In
