OKX Burns 5.5 Million OKB Tokens Via Buy-back Program.
The 20th cycle of the program ran from March 1, 2023, through May 31, 2023.OKB was trading at $41.57 at the time of writing, indicating a decrease of 7.82%.OKX, a…
SEC Bans Binance Nigeria Limited: Says It Is An Illegal Entity in Nigeria
The attention of the Securities and Exchange Commission (the Commission) has been drawn to the website operated by Binance Nigeria Limited, soliciting the Nigerian public to trade crypto assets on…
Department Of Justice Exposed and Charges Mt. Gox Hackers For Stealing 647K Bitcoin
The hackers that stole customers’ Bitcoin from Mt. Gox had compromised the exchange’s private keys as early as 2011. After over a decade, the Department of Justice (DOJ) has tracked…
Uniswap Surpasses 250 Million Swaps, Solidifying DeFi Dominance.
Uniswap achieves 250 million swaps, solidifying DeFi leadership.Bearish sentiment persists for Uniswap despite recent positive news.UNI token experiences a 1.64% price dip, and trading volume decreases by 18.31%.Uniswap, the leading…
4 Trillion WShiba Inu (SHIB) Worth $32 Million Moved to Binance
SHIB tokens worth $31,709,005 were unlocked from staking and transferred to Binance.The potential for the dumping of trillions of SHIB in a single transaction raises concerns.On Friday, Whale Alert claimed…
Robinhood Removed Solana (SOL), Polygon (MATIC) and Cardano (ADA) from platform
As of June 27, 2023, support for the three cryptocurrencies will be discontinued.Robinhood presently offers only 18 cryptocurrencies.Robinhood announced on Friday that it would cease supporting some of the cryptocurrencies…
European Govts investigate social media platforms over misleading crypto advertising.
Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok, and Elon Musk’s Twitter may face regulatory action as the European consumer group BEUC has lodged a complaint with the European Commission, highlighting the…
Australia’s Largest Bank to Temporarily Cease ‘Certain’ Payments to Crypto Exchanges
The CBA’s move is a significant turnaround for the bank, as it was planning to enable crypto trading on its banking app.Commonwealth Bank of Australia (CBA), the largest bank in…
Coinbase’s Credit Rating Fell From Stable to Negative – Moody
Moody’s explained the cut on June 8 by saying it was worried about the SEC action. Some investors may choose to minimize their exposure to COIN’s platform amid litigation.Coinbase’s credit…
Banks Are Abandoning Binance.US Due to Legal Battle with SEC.
Bankers, who had already been spooked by the Silvergate and Signature fiascos, have started to distance themselves from the potential fallout.Following Monday’s announcement of lawsuits against Coinbase and Binance, firms…