This Report will provide you some important and quick news of cryptocurrencies that happened around the world.
1.
Binance, the world’s largest cryptocurrency exchange by trading volume, will cease support for trading pairs denominated in the Singapore dollar (SGD) on September 10. Additionally, the website’s SGD payment options will be removed. the corporation will remove its application from Singapore’s Google Play and App Store stores…[continue reading]
2. According To Reports, The SEC Is Investigating Uniswap
The Securities and Exchange Commission of the United States is apparently examining Uniswap, the world’s largest decentralized bitcoin exchange. The Wall Street Journal reported on Friday that the US securities regulator has opened an investigation into Uniswap’s primary developer, Uniswap Labs…[continue reading]
3. Shop.Com Now Accepts Bitcoin Payments
Shop.com, an e-commerce platform based in the United States, is the latest site to accept cryptocurrency payments. Market America’s subsidiary announced a relationship with cryptocurrency payment service provider BitPay that will enable it to accept payments in a variety of cryptocurrencies, including Bitcoin…[continue reading]
4. Coinbase Now Offers Ethereum Staking For British And German
Coinbase, the cryptocurrency exchange, has announced that users in the United Kingdom and Germany will be able to stake Ethereum (ETH) and earn rewards. Along with this new functionality, Coinbase has eliminated the necessity to maintain a balance of 32 ETH, which is now worth $121,028 at the time of writing, and the competence required to operate the ETH2 client software…[continue reading]
5. Binance US Considering An Initial Public Offering In The Next Three Years
Changpeng Zhao, founder, and CEO of Binance stated that the cryptocurrency exchange’s US subsidiary could follow Coinbase’s lead and conduct an initial public offering within the next 36 months. In a recent interview with The Information, Binance CEO Changpeng Zhao disclosed that Binance.US — the company’s US subsidiary – intends to conduct an initial public offering within the next three years: “Binance.US is simply going to replicate what Coinbase did.” – Zhao stated…[continue reading]
6. SEC Sued BitConnect’s Founder Over Role In $2B Crypto Fraud
The United States Securities and Exchange Commission (SEC) has filed a civil case against BitConnect founder Satish Kumbhani, according to a news release published by the agency. BitConnect was described by the regulatory body as a “global fraudulent and unregistered offering of investments in a scheme using digital assets.”…[continue reading]
7. Twitter Using Bitcoin Lightning Network For Its New “Tip Jar” Feature
according to code seen in a recent Twitter beta, the company is using the lightning network to integrate a Bitcoin payment option for its new “Tip Jar” feature. Though Bitcoin tips are not now available to beta customers, code suggests that it may be added as a payment option alongside Cash App, Bandcamp, Patreon, Venmo, and PayPal in the near future…[continue reading]
8. Donald Trump Calls Crypto A ‘Disaster Waiting To Happen
Former US President Donald Trump was questioned in an interview with Fox Business on Tuesday about his opinions on the health of Wall Street markets, the current administration’s development, and the potential of Bitcoin and the cryptocurrency market…[continue reading]
9. According To DeFiYield, The Total Loss From Defi Exploits Is $1.7 Billion
This year has seen so many decentralized finance attacks that one protocol has made attempts to establish what it refers to as a “Defi REKT database.” DeFiYield, a cross-chain asset management platform and DEX aggregator, announced the launch of its latest offering, a database of defi scams, hacks, and exploits, on Aug 30…[continue reading]
10. El Salvador’s Streets Filled With Massive Anti-Bitcoin Protests
El Salvador’s political situation is deteriorating as the government prepares to embrace Bitcoin as legal cash. The waiting period for the Bitcoin Law to become mandatory ended on September 7 of this year. All economic agents, according to the language of this Law, must take Bitcoin in addition to the dollar as a form of payment…[continue reading]
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