The service was rolled out in March last year, in an effort to make traditional financial companies “crypto-ready.”

Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products

Crypto exchange Binance to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement. The ser...

1 year ago

Binance Labs

Binance Labs Fuels Helio Protocol's Liquid Staking Pivot with $10M Investment in LSDfi Expansion

Binance Labs, the venture arm of Binance, injected $10 million into Helio Protocol on August 11th. This investment supports Helio Protocol's ongoing shift towards becoming a liquid staking p...

1 year ago

Crypto Fraud Scheme Organizers Face Legal Action by CFTC in Florida, Louisiana, and Arkansas

The Commodity Futures Trading Commission (CFTC) has taken legal action against four individuals and their organization, Fundsz, for their involve...

1 year ago

License from Monetary Authority of Singapore’s marks completion of the regulatory process there for Blockchain.com and Crypto.com

Two crypto exchanges now have major payment license in Singapore

Singapore’s central bank granted a major payment institution license to crypto exchange Blockchain.com on Aug. 1. A Major Payment Institution (MPI) license permits the unrestrict...

1 year ago

The United States tax collector will require taxpayers to count staking rewards as gross income at the time they gain “dominion" over the tokens.

Crypto staking rewards are taxable once received: IRS

United States crypto investors must report crypto staking rewards as gross income in the year it was received, according to a new ruling from the country’s top tax authority. On ...

1 year ago

Renowned investor, Cathie Wood, has made a bold prediction that has sent shockwaves through the financial world.

Cathie Wood Predicts Bitcoin at $1.5 Million as Investors Rush to Get In Early On DigiToads

Renowned investor, Cathie Wood, has made a bold prediction that has sent shockwaves through the financial world. She believes that Bitcoin (BTC) could reach a staggering $1.5 million in val...

1 year ago

According to Novogratz, the most significant event to have occurred in Bitcoin this year was Larry Fink, chief executive officer of BlackRock Inc, said bloomberg in its news report.

Back Mike Novogratz believes Bitcoin's bullish surge ahead as BlackRock CEO embraces the crypto: Report

As Bitcoin surges after a year of scandals and losses in the cryptocurrency business, Mike Novogratz, the CEO of Galaxy Investment Partners, stated that one man in particular offers him reason t...

1 year ago

Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges.

Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges

Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investmen...

1 year ago

Human Rights

Human Rights Foundation Backs Bitcoin Bug Bounty to Empower Activists Worldwide

The Human Rights Foundation (HRF) is offering Bitcoin (BTC) bug bounties in a bid to improve Bitcoin and the Lightning Network. The organization has iss...

1 year ago

Bitcoin futures institutional interest continued to increase throughout the quarter as investors sought regulated venues/products to hedge rising market volatility and manage risk and exposure, CME said.

Bitcoin, Ether CME Futures Saw Record Participation From Large Traders in Q2

Derivatives giant Chicago Mercantile Exchange's (CME) regulated bitcoin (BTC) and ether (ETH) futures saw record participation from large traders in the second quarter. The number ...

1 year ago