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New York Upscales Crypto Regulatory Standards
September 19, 2023
In an attempt to safeguard its market integrity and consumer rights, The New York State Department of Financial Services (NYDFS) has declared an immediate adoption of new rules focusing on …
Read moreSEC Accuses Binance US of Non-compliance Amidst Regulatory Scrutiny
September 18, 2023
The legal confrontation between the United States Securities Exchange Commission (SEC) and Binance.US, a popular crypto exchange, seems to be escalating. The SEC accuses Binance's holding company, BAM, of non-cooperation …
Read moreCitigroup Introduces Citi Token Services, Leverages Blockchain for Institutional Clients
September 18, 2023
Citigroup has announced the pilot launch of its Citi Token Services, a blockchain-powered platform that enhances cash management and trade finance mechanisms. This new service integrates tokenized deposits and smart …
Read moreBitcoin At $27,000: An Overview of the Week's Crypto News
September 18, 2023
Despite a volatile week, Bitcoin held the $27,000 mark after a possible inverse correlation with the US Dollar Index (DXY) was highlighted during financial turmoil. Yet, even as BTC price …
Read moreCrypto Influencer Arrested in Hong Kong over Controversial JPEX Platform Promotion
September 18, 2023
Crypto influencer, Joseph Lam Chok, has been arrested by Hong Kong police for promoting the controversial JPEX crypto platform. The arrest resulted from numerous complaints lodged against the platform, leading …
Read moreAnticipated Scroll zkEVM Launch and Potential Surges in Ethereum
September 18, 2023
Ethereum continues to dominate news with two parallel developments of promise. Scroll, a community-driven Ethereum layer-2 scaling solution, is set to launch soon. Besides, an anticipated surge in Ethereum price …
Read moreNFL Star and YouTube Influencers Settle Lawsuit Over FTX Crypto Exchange Endorsement
September 18, 2023
NFL star Trevor Lawrence and YouTube influencers Kevin Paffrath and Tom Nash have agreed to settle a lawsuit in connection with their endorsement for the failed cryptocurrency exchange, FTX. The …
Read moreJapanese Crypto Exchange JPEX Faces Liquidity Crisis and Discontinues Interest Reward Feature
September 18, 2023
The Japan-based cryptocurrency exchange JPEX announced its decision to halt processing new Earn Trading transactions from September 18. According to the company, despite the halt in accepting new orders, the …
Read moreToncoin's Remarkable Progress Amid Market Consolidation
September 17, 2023
Despite a general market consolidation and recent price declines subduing earlier optimism, a select group of digital currencies is demonstrating tenacity with impressive resiliency and assertiveness. In this context, Toncoin …
Read moreCoinbase's Base Blockchain Achieves Record Daily Transactions, Surpassing Competitors
September 17, 2023
The Base blockchain, incubated by Coinbase, has reached a new record for daily transactions, outperforming rivals. This Ethereum layer 2 network saw an unparalleled adoption since its public launch barely …
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