Popular crypto-exchange Binance’s U.S. division could have an initial public offering by 2024, according to CEO and Founder Changpeng Zhao. In a recent interview, the exec noted, “Binance.US is just going to do what Coinbase did.” Here, it’s worth noting that Coinbase’s IPO was followed by lawsuits from Donald Ramsey and other investors. In fact,Continue reading “Binance U.S could realize its IPO dreams by 2024”

With August coming to an end, many in the crypto-community are confused about the status of the market’s bull run. However, the likes of Cardano [ADA] and Solana [SOL] proved skeptics wrong, with both emerging as among the most profitable altcoins over the last 30 days. While ADA recorded monthly returns of nearly 114%, Solana’sContinue reading “Cardano’s Hoskinson sees three purposes behind a possible collaboration with Solana”

The ongoing SEC v. Ripple Labs lawsuit may soon see Attorney Lilya Tessler of Sidley Austin LLP as Amicus Curiae on behalf of the Chamber of Digital Commerce. The attorney filed for an appearance as a “friend of the court” to advise Judge Netburn on the issue at hand. The filing shared by Attorney JamesContinue reading “SEC v. Ripple – Here’s what to expect from this ‘friend of the court’”

The growing popularity of Bitcoin has resulted in many countries adopting the digital asset and the International Monetary Fund [IMF] has not been happy with it. The Washington DC based organization once again expressed concerns about Bitcoin and other cryptos becoming national currencies. Its latest tweet noted, “Privately issued crypto-assets like Bitcoin come with substantialContinue reading “What do IMF’s concerns about Bitcoin being an ‘inadvisable shortcut’ actually reveal”

“Everything’s green and go, we’re on schedule,” according to IOHK founder and CEO, Charles Hoskison. In his latest vlog, he shared quick updates with the community about the upcoming Alonzo hard fork as the network approaches the launch of smart contracts. Hoskinson noted that the team was already preparing for the public Alonzo testnet hardContinue reading “Hoskinson’s ‘green and go’ update on Cardano, Alonzo hardfork”

While several crypto-related businesses in South Korea were having a tough time due to controversial regulatory efforts in the country, Upbit has been able to retain its title as the country’s largest cryptocurrency exchange. According to Representative (Rep.) Yoon Do-hyun of the People Power Party, the largest exchange in South Korea reported high numbers in transactionsContinue reading “South Korea: Crypto exchanges Upbit, Bithumb, Coinone attract millions of users”

Ripple recently filed a motion to compel the United States Securities and Exchange Commission [SEC] to reveal policies and information regarding its employees trading in cryptos like Bitcoin, Ethereum, and XRP. This motion will add to Ripple’s fair notice defense. As per the filing provided by attorney James K. Filan, Ripple wants SEC to provide,Continue reading “Ripple demands disclosure concerning SEC employees’ XRP holdings”

Bitcoin’s price has been slowly marching towards recovery, as it continued to trade at $49,199, at press time. As the buyers rallied together, the market capitalization of the largest digital asset also hit $918.56 billion. Meanwhile, the remaining alts were also trending upwards. These developments have garnered a lot of attention from Bitcoin traders andContinue reading “With Bitcoin whales on the move, this metric hits historic highs “

The Reserve Bank of India has announced that its first digital currency trials may launch as soon as December 2021. The central bank governor, Shaktikanta Das discussed in an interview, that central bank digital currency [CBDC] was being discussed for a while now, and the authorities remained cautious regarding its scope. He stated, “We areContinue reading “Reserve Bank of India to start CBDC trials soon”

“We remind the people once again that virtual currencies such as Bitcoin are not legal tenders and have no actual value support.” The People’s Bank of China [PBoC] has once again raised an alarm about the use of cryptocurrencies in light of its recent crackdown. According to local reports, the central bank took a shotContinue reading “China: Is the PBoC’s new ‘reminder’ on Bitcoin’s status really new”

Judge Sarah Netburn has granted Ripple and the SEC’s motion to extend the deadline for expert discovery. The update was first shared by James K. Filan, with the attorney revealing that the court has also granted an extension for filing pre-motion letters regarding a summary judgment. However, no due date has been set yet. TheContinue reading “XRP lawsuit update: Court grants Ripple, SEC’s expert discovery extension request”

Tether is in the news today after the world’s largest stablecoin announced the release of $33.4 million in frozen funds. These funds were associated with the Poly Network hack that took place earlier this month. The Tether Treasury transferred the funds to the Poly Network Multisig address and the cost of the transaction was 0.0063233Continue reading “Tether releases newly-unfrozen funds associated with Poly Network, Yearn DAI hacks”