Category: Shorts

Coinbase Launches Fly-In Campaign The U.S. Securities and Exchange Commission is taking Coinbase to court over allegations that the exchange has sold unregistered securities. Despite the court case, Coinbase continues to advocate for pro-crypto policies in the United States. It has started a paid media campaign in Washington, DC, encouraging people interested in crypto to…

Binance.US CEO Changpeng Zhao Binance rejects the SEC’s allegations concerning its relationship with wallet provider Ceffu. On Tuesday, he refuted these claims on X (formerly known as Twitter), stating: I want to clarify that Binance US has never utilized C effu or Binance Custody. These claims are unfounded. Ceffuu has become entangled in the ongoing…

AGIX, RNDR, and YPredict Here are the 3 most bullish Artificial Intelligence Cryptos in 2023, AGIX, RNDR, and yPredict According to Malinaphotocz, from Pixabay In stock markets worldwide, an estimated 60 to 75% of trading is now governed by algorithms according to the Economic Times, ranging from high-frequency trading to bots and algo portfolio management.…

USDC Stablecoin: Polkadot Asset Hub Circle has officially launched USDC, the second largest stablecoin by market cap, in the Polkadot Asset Hub. This enables merchants, exchanges, digital wallets, and exchanges to use the stablecoin to make low-cost payments. Circle also announced a partnership with Solana Pay and Shopify to integrate the latter’s e-wallet into its…

Oak Grove Ventures Fund Launches $60M Oak Grove Ventures, a family office backed by renowned crypto and fintech industry veterans, invests in a $60 million fund. The firm’s team includes notable figures such as Shawn Shi, the co-founder of Alchemy Pay; Ethan W, the technical lead of Libra; Sally Wanga, the former Vice President of…

Discover Crypto vs. Bitboy Crypto In a recent video, Ben Armstrong reveals that he has been getting death threats from Hit Network and that they have stolen his company. He also asks his followers to donate to his legal fund. Earlier, we reported on how the founder of BitBoy Crypto filed a lawsuit against the…

Binance.US vs. Coinbase New data from research firm K33 Research shows that Binance has seen a big drop in the volume of trading in Bitcoin since the beginning of September. The firm’s main competitor, Coinbase, saw a 9% increase in volumes over the same period. The decline in trading volume is tied to regulatory pressures…

Changsha Evening News: 490,000 Vendors Accept Digital Over 490,000 vendors in the city of Changsha accept digital yuan payments. The pilot phase of China’s CBDC pilot continues. According to a report by the Changsha Evening News, this year has seen the city expand its efforts to accept digital currency use-cases into key areas such as…

Crypto Market is Cyclical Simpson spoke at TechCrunch A16z General Partner Arianna Simpson believes that the US needs to establish a stronger regulatory framework that instills confidence in crypto firms and allows them to build technology products without fear of repercussions. Bitcoin and cryptocurrency companies are moving offshore because there is not enough guidance in…

Balancer, Ethereum-based decentralized finance protocol DeFi protocol Balancer suffers another security breach, this time stealing over $238,000 in cryptocurrency. The incident comes as a disconcerting sequel to the one that occurred in August when the protocol warned users of a critical vulnerability. Just days after the initial warning, the platform suffered an estimated $2 million…