Binance Suspends Crypto Debit Card Services in Latin America and Middle East

Binance, a cryptocurrency exchange, has announced that it will be suspending its crypto debit card services in Latin America and the Middle East starting from August 25th. The cards allowed users to make payments with cryptocurrency assets, and the suspension will take effect by September 21st. Refunds and disputes can still be processed until December […]

Coinbase Suspends Trading for Six Cryptocurrency Assets

Coinbase Assets recently announced the suspension of trading for six cryptocurrency assets on Sept. 6, 2023, at 9 AM PT. The assets affected are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). This suspension means the assets will no longer enjoy some of the exchange’s core services, including Simple and […]

Rarible Sees Uptick in Trading Volume After Supporting NFT Creator Royalties

Rarible, a nonfungible token (NFT) marketplace, has seen a significant increase in trading volume over the past 24 hours following a public statement in support of maintaining NFT creator royalties. This comes as competitor NFT marketplaces such as OpenSea have rewound support for royalties and royalty enforcement, prompting other NFT projects to also begin rewinding […]

Binance Launches Payment Service in Brazil with Strategic Partnerships

Binance has launched its payment service, Binance Pay, in Brazil, allowing merchants to accept cryptocurrency payments with low fees and fast transaction processing. The service supports over 70 cryptocurrencies, including Bitcoin, Binance Coin (BNB), Ethereum (ETH), and Tether USD (USDT). Binance Pay has partnered with WordPress, Weo Games, Valorant, and more, allowing users to pay […]

Binance.US Partners with MoonPay to Enable USDT Transactions for US Customers

Binance.US, the American subsidiary of the world’s largest cryptocurrency exchange, has announced a new partnership with crypto payments startup MoonPay. This partnership will enable customers to buy and sell supported crypto assets on the platform using USDT, the largest stablecoin by market capitalization issued by Tether. Customers will be able to make USDT purchases with […]

U.S. and Euro Zone Business Activity Slump Causes Stock Market Losers

The 10-year US Treasury note yield decreased from its 16-year high, giving stocks a lift, as dismal business activity statistics from the US and Euro Zone suggested global disinflation. Five stocks that were negatively affected by this news were Bruush Oral Care Inc. (NASDAQ: BRSH), Foot Locker Inc. (NYSE: FL), Tivic Health Systems Inc. (NASDAQ: […]

Hedera Hashgraph Surges 10% Despite Wider Crypto Market Downturn, Reaches 18 Billion Transactions and Integrates with FedNow

Hedera Hashgraph has shown resilience in the face of a gloomy crypto market, with its total value locked (TVL) surging by 10% over the past week and 26% over the last month. The network has now surpassed 18 billion transactions and its cryptocurrency $HBAR is up by more than 16% over the last two weeks.Dropp, […]

Balancer Labs Warns of Vulnerability Affecting V2 Pools, Funds at Risk

Balancer Labs recently announced a critical vulnerability report affecting a number of V2 Pools. The firm took action to secure the majority of the total value locked (TVL) but some funds remain at risk. Users were advised to withdraw from affected liquidity pools immediately.The project reassured users that the majority of funds on Balancer are […]

Former OpenSea Executive Sentenced to Prison for NFT Insider Trading

Nathaniel Chastain, former Head of Products of OpenSea, the world’s largest non-fungible token (NFT) marketplace, has been sentenced to three months in prison for exploiting his position to obtain insider knowledge about specific NFT assets.Chastain was found guilty by United States District Judge Jesse Furman for using underground non-public information to conduct trades on NFTs […]

Binance to Remove Spot Trading Pairs, Discontinue Trading Bots Services

Binance, one of the world’s leading cryptocurrency exchanges, will soon remove several spot trading pairs from its platform. The removal will take effect on August 25, 2023, at 03:00 (UTC). The trading pairs that will be removed include ALCX/BUSD, PUNDIX/BUSD, FOR/BUSD, PEOPLE/BUSD, LOOM/BUSD, NMR/BUSD, SPELL/BUSD, and STORJ/BUSD.Binance has also announced the discontinuation of its Trading […]