
Philippines SEC Blocks Binance, Warns of Legal Action for Unlicensed Operations
Nov 30, 2023 03:59 am UTC| Business Digital Currency Investing
Binance has been blocked in the Philippines after the countrys Securities and Exchange Commission discovered it operates without a license. The regulator also said the crypto exchange has been promoting or trading without...

Binance US’ Board Chairman Changpeng Zhao Steps Down, Moves Away from the Company
Nov 29, 2023 08:48 am UTC| Business Investing Digital Currency
Binances founder and former CEO, Changpeng CZ Zhao, is currently facing felony charges in the United States after pleading guilty to money laundering last week. With his ongoing trial and imminent sentencing, the crypto...

Layer 2 Cryptocurrencies Experience Resurgence Amidst Rising Crypto Market
Nov 29, 2023 08:36 am UTC| Business Digital Currency
In recent times, Layer 2 cryptocurrencies tied to projects built on layer 1 blockchains like Bitcoin and Ethereum have witnessed a remarkable resurgence following a period of stagnation. This revival can be attributed to...

Animoca Brands Clinches Top Validator Position in Telegram's TON Blockchain Network
Nov 29, 2023 07:23 am UTC| Business Investing Digital Currency
The TON Foundation welcomed Animoca Brands Corporation Ltd. as it became the largest validator of the TON blockchain. As its top validator, the Hong Kong-headquartered game software and venture capital company will also...

Bitcoin Mining Enhances Energy Efficiency and Grid Stability, New Study Reveals
Nov 28, 2023 09:23 am UTC| Technology Digital Currency
A recent study brings a different view of Bitcoin mining, highlighting its potential benefits for energy management and grid stability. This study, crafted by Bitcoin advocates and a former key figure in Texas electric...

Binance's Setbacks Boost Coinbase Stock by 18% to Reach 18-Month High
Nov 28, 2023 08:40 am UTC| Business Digital Currency Investing
Binance, the well-known cryptocurrency exchange, has faced a series of challenges recently. As a result, Coinbase has seen a significant boost in its stock value, and its CEOs net worth has skyrocketed by an impressive $1...

Standard Chartered Joins China's Digital Yuan Trials, Eyes Cross-Border Payments
Nov 28, 2023 08:37 am UTC| Business Digital Currency Investing Fintech
Standard Chartered has announced its participation in the trials of Chinas digital yuan central bank digital currency (CBDC), known as the e-CNY. This move made Standard Chartered one of the first foreign banks to conduct...