Dive into the tech & future
Bankrupt crypto lender Voyager Digital received initial court approval on Tuesday for a proposed $1 billion (roughly Rs. 8,200 crore) sale of its assets to Binance.US, and said it will seek to expedite a US national security review of the deal. US Bankruptcy Judge Michael Wiles in New York allowed Voyager to enter into an asset … Read more
To address potential financial stability risks and protect investors, it is important to arrive at a common approach to crypto assets, the Financial Stability Report released by RBI said on Thursday. In this context, various options are being considered internationally, it said. One option is to apply the same-risk-same-regulatory-outcome principle and subject them to the … Read more
The crypto sector, thriving in several parts of the world, was struck with several hack and scam attacks this year. Even a couple of days before the industrially quaky year of 2022 ends, news and warning around crypto crimes have made it to the headlines. This week, the private API keys of around 1,00,000 crypto … Read more
Even by the extreme standards of cryptocurrency trading, the past few weeks have been a wild ride for Binance, the world’s biggest exchange for crypto assets. After the collapse of its rival FTX in a hail of allegations of fraud and criminality last month, trust in the entire sector has crumbled. Customers pulled more than … Read more
Binance is taking advantage of the ongoing plunge in the crypto market in a bit to boost its presence in international markets. As part of its Asia expansion plan, the crypto exchange has completed the purchase of Indonesia’s Tokocrypto exchange at an undisclosed amount. Under its CEO Changpeng Zhao, Binance had started pouring investments in … Read more
The crypto market, that is already volatile enough for investors to experiment in, is also plagued by scammers who are always on the lookout for unsuspecting victims. This year, over 117,620 scam tokens were launched into the global crypto market that managed to dupe several people off their hard-earned funds, Solidus Labs, a crypto trade … Read more
Binance is not shying away from expanding its crypto services for the convenience of its users despite the ongoing crunch in the crypto market. Almost 22 months since launching its Binance Pay mobile app in the international markets, the exchange has now rolled-out the service for its customers in the US. The feature, which supports … Read more
Changpeng Zhao, the CEO of Binance, has justified the trading of certain underdog altcoins on its platform as merely a ‘market behaviour’. In recent days, trading activities for Sun Token, Ardor, Osmosis, FUNToken, and Golem witnessed an escalation on Binance, stirring suspicions among members of the crypto community amid the ongoing market slump. The overall … Read more