Binance, a cryptocurrency exchange, swiftly responded to a Chinese user’s distressing ordeal of losing an astonishing $1 million in cryptocurrency assets within their Binance account due to a security breach. According to Binance’s Co-founder, the incident transpired as a result of the user’s device being compromised, granting the attacker access to exploit a malicious plug-in … Read more
In a resounding testament to its dominance and appeal, Binance, the world’s leading cryptocurrency exchange, has achieved a monumental milestone by welcoming its 200 million users. This extraordinary accomplishment underscores the platform’s exponential growth and highlights the burgeoning global interest in cryptocurrencies. A Journey of Trust and Innovation Since its inception in 2017, Binance has … Read more
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, emphasizing their inevitability. In a recent interview with Fox Business, he discussed U.S. cryptocurrency regulations and the SEC’s shift towards pragmatism after losing several court battles. XRP ETFs Likely Approved Next Year, Ripple’s CEO Says … Read more
In the ever-fluctuating crypto market, where buying-and-dumping activities are the norm, investors are constantly on the lookout for the next big winner. While top cryptocurrencies like Ripple (XRP) and Binance Coin (BNB) have consistently proven their resilience and are poised for a potential rally, a new innovative project, RCO Finance (RCOF), is stealing the spotlight … Read more
The United States must aim for nothing less than the top position in the cryptocurrency industry, according to former U.S. president Donald Trump. “Our country must be the leader in the field, there is no second place,” Trump declared in a May 25 post on Truth Social — a social media platform owned by Trump … Read more
About 60% of US cryptocurrency investors admit they don’t understand blockchain technology, according to a recent survey. Language-learning company Preply surveyed 1,001 individuals in the US regarding their knowledge, interest, and experience with cryptocurrency. The findings revealed that three out of five investors were unclear about blockchain—the distributed database or ledger shared among a computer … Read more
In a significant development within India’s crypto landscape, the Securities and Exchange Board of India (SEBI) has recommended the involvement of several regulators to oversee crypto trade nationwide. This move has sparked considerable interest within India’s crypto community, given the RBI’s historically strict control over digital assets. Since 2018, the Reserve Bank of India (RBI) … Read more
Donald Trump’s presidential campaign announced Tuesday that it would begin accepting cryptocurrency donations to build what it calls a “crypto army” leading up to Election Day. The Trump campaign has launched a fundraising page that allows “any federally permissible donor the ability to give” to its political committees using any crypto asset accepted through the … Read more
The U.S. House of Representatives is on the verge of a vote that may represent the closest the cryptocurrency industry has ever been to achieving regulatory success in the U.S. Leading industry associations and top companies are urging House leaders to support this crucial effort. Through the Crypto Council for Innovation, a coalition of digital … Read more
President Joe Biden issued an order on Monday, effectively blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base, citing its proximity as a national security risk. The order mandates the divestment of property currently operated as a crypto mining facility near the Francis E. Warren Air Force Base. MineOne … Read more