Tag: Markets

Solana Phone Sales Surge Amid Bonk Meme-Coin Frenzy

The surge in Solana phone sales has been driven by the extraordinary rise of the Bonk meme-coin, which has seen a staggering 1,100%...

World ID 2.0: Worldcoin’s Upgraded Digital Identity Verification System

Worldcoin has introduced "World ID 2.0," an upgraded version of its identity verification feature. The new version offers different levels of authentication, ranging...

HashKey Exchange Invites Individual and Enterprise Market Makers to Boost Liquidity

HashKey, a licensed crypto exchange in Hong Kong, is set to allow individual and enterprise market makers to provide liquidity, aiming to deepen...

Global Regulatory Quagmire: Philippines SEC Takes Aim at Binance’s Operations

The Philippines SEC has warned Binance for operating without the necessary approval or license, citing the absence of registration and required authorization to...

Crypto Crisis: Aerodrome and Velodrome Security Breaches Sound Alarm for DeFi

Decentralized finance (DeFi) platforms Aerodrome and Velodrome experienced security breaches, leading to concerns about the vulnerability of DeFi ecosystems to cyber threats. The...

MAS Propels Singapore’s Crypto Ecosystem with Balanced Regulation

The PSA was an overarching regulatory structure for traditional and crypto exchanges. The MAS promptly issued the Notice PSN02 or Crypto Travel Rule,...

Binance Appoints Richard Teng as CEO Amid Legal Challenges and Leadership Transition

Changpeng Zhao stepped down as the Binance CEO on Tuesday after pleading guilty to charges levied against him by the U.S. Department of...

Cybersecurity Breach Shakes Kronos Research: $25 Million Crypto Loss Revealed

A hacker exploited compromised API keys at Kronos Research, a quantitative trading firm, making off with a substantial $25 million in crypto assets. ...

Meta’s Controversial Move: Dissolving Responsible AI Division Raises Eyebrows

Meta has reportedly disbanded its responsible AI division, with team members transitioning to roles within the generative AI product division. The restructuring aligns...

Microsoft’s AI Coup: Altman and Brockman Take the Helm

Former OpenAI CEO Sam Altman and President Greg Brockman and their colleagues will join Microsoft to lead a new advanced AI research team. ...

The Crypto Wealth Surge: Bitcoin Millionaire Wallets Hit New Highs in 2023

The surge in Bitcoin millionaires holding over $1 million in Bitcoin reflects a threefold increase from 23,795 to 81,925 in 2022. There are...

Bridging Finance Worlds: Mastercard’s MoonPay Partnership

Mastercard is partnering with MoonPay to integrate cryptocurrency and explore the potential of Web3 tools in the global payment landscape. The partnership aims...

Sam Bankman-Fried trial enters final stages ahead of conclusion

The Sam Bankman-Fried trial reveals the cryptocurrency industry's financial complexities and ethical issues. The prosecution has highlighted deceptive practices and an $8...

Binance exits Russia fully selling its firm to CommEX

Cryptocurrency exchange Binance has finalized its departure from the Russian market, selling its business to CommEX, citing incompatibility with compliance strategy Binance's withdrawal...

Binance cryptocurrency exchange faces payment processing issues, limits withdrawals in Europe

Major cryptocurrency exchange Binance has halted euro withdrawals in Europe due to SEPA transfer issues Users faced frustration as they couldn't access their...

Stanford to return millions from FTX in cryptocurrency donation

Stanford University will refund $5.5 million in donations from FTX amid legal controversies involving the exchange's former CEO Allegations of fund misappropriation and...
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