Former Binance CEO Zhao Unable to Return to UAE
Reading Time: < 1 minuteA US federal judge in Seattle has ruled that Changpeng Zhao, the former CEO of Binance, is not allowed to return to his home in the United Arab Emirates until he is sentenced in February.
Market Cap of Stablecoin Market Exceeds $134B
Reading Time: < 1 minuteAs of November, the market supply of stablecoins totaled $126 billion. By December 7, it had increased to $133.76 billion, per CoinGecko data.
Phoenix Group Closes a $380M Deal with Miner MicroBT
Reading Time: < 1 minutePhoenix Group has announced a contract worth $380 million with MicroBT, the manufacturer of Whatsminer-branded Bitcoin mining devices.
Sui Joins DeFi Leaders, Topping $100M in Bridged USDC
Reading Time: 2 minutesGRAND CAYMAN, Cayman Islands, December 7th, 2023, Chainwire Only 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains Sui, the groundbreaking Layer 1 […]
Court Accepts Changpeng Zhao’s Admission to Violating US AML Laws
Reading Time: < 1 minuteA US District Judge in Seattle has acknowledged the guilty plea of former Binance CEO Changpeng Zhao (CZ) concerning charges linked to anti-money laundering violations.
Versatus Reaches a $50M Market Cap
Reading Time: < 1 minuteBlockchain scaling startup Versatus Labs has reached a $50 million valuation.
Robinhood Unveils Crypto Trading Application in Europe
Reading Time: < 1 minuteRobinhood has revealed the introduction of its cryptocurrency trading app in the European Union.
The IRS Focuses on Crypto Tax Evasion
Reading Time: < 1 minuteIn just three years, the majority of cryptocurrency investigations have switched from money laundering to tax evasion.
Max Kaiser: Qatar May Invest Part of its Reserves in Bitcoin
Reading Time: < 1 minuteRecently, Kaiser tweeted about the possibility of Qatar entering the BTC market.
Solana CEO Says Users Are Not Interested in its Saga Smartphone
Reading Time: < 1 minuteSolana co-founder Anatoly Yakovenko has discussed the need for a significant increase in user figures, from the current 2,200 to 25,000-50,000, in order to establish a solid user base for the Saga smartphones.
Circle Introduces Solutions to Prevent Fraudulent Activities on Blockchains
Reading Time: < 1 minuteCircle’s technology branch has recently introduced two new initiatives with the objective of tackling theft and fraudulent activities on blockchains.
Nansen: Capital Outflow from Binance is Stopping
Reading Time: < 1 minuteAccording to a Nansen report, there was only a minor decrease in funds from the exchange after Zhao’s resignation.
KyberSwap to Give $48M in Compensation to Hack Victims
Reading Time: < 1 minuteThe team of decentralized exchange KyberSwap will be offering grants from their project funds to users who were affected by the $48.8 million hack in November.
JPMorgan: DeFi and NFTs Are Reviving
Reading Time: < 1 minuteRecent developments have brought some positive signals for DeFi and NFT market.
LandX Closes Private Round Securing $5M+ In Private Funding
Reading Time: 2 minutesDubai, UAE, December 4th, 2023, Chainwire After two years in development LandX, the agricultural finance protocol, successfully closed its private investment round surpassing expectations. The round raised over $915,000 USD […]
Coinbase Shares Jumped 20% Last Month
Reading Time: < 1 minuteThe attractiveness of Coinbase in the stock market has increased, with the company’s shares rising by 21% in November
Crypto Bank SEBA Rebrands
Reading Time: < 1 minuteCryptocurrency bank SEBA, which is located in Switzerland, has undergone a rebranding and is now known as Amina Bank AG.
KyberSwap Hacker Demands Full Control Over Project
Reading Time: < 1 minuteThe individual responsible for the cyber attack on decentralized exchange KyberSwap demanded all project assets and documents to be transferred, including shares and tokens.
Mike Novogratz Predicts Bitcoin Could Reach $69,000 Next Year
Reading Time: < 1 minuteGalaxy Digital CEO Mike Novogratz predicts that Bitcoin could reach a price of $69,000 within the next year.
Circle Denies Ties with Justin Sun
Reading Time: < 1 minuteCircle, issuer of the USDC stablecoin, has rejected allegations that it engaged in illegal activities and had ties to Tron founder Justin Sun, the TRON Foundation, and HTX.
Sui Surpasses $150M in TVL, Showcasing Blistering DeFi Momentum
Reading Time: 2 minutesGrand Cayman, Cayman Islands, November 30th, 2023, Chainwire Sui, the pioneering Layer 1 blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project, […]
Canada Residents Are Against a CBDC
Reading Time: < 1 minuteThe majority of Canadians are against the development of a central bank digital currency (CBDC)
75% of GameFi Projects Have Closed: Report
Reading Time: < 1 minuteSince its inception five years ago, GameFi has seen a high failure rate of approximately 75.5%.
Binance Will Stop Supporting BUSD Next Month
Reading Time: < 1 minuteBinance has announced that it will no longer support any Binance USD (BUSD) products after December 15, due to Paxos halting the creation of new coins.
Animoca Brands Becomes TON’s Largest Validator
Reading Time: < 1 minuteAnimoca Brands has announced its strategic investment in The Open Network (TON) blockchain, making it the largest validator on the network.
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