SEC considers FTT to be a security

SEC considers FTT to be a security

FTT, the native token of the now-defunct cryptocurrency exchange FTX, has been categorized as a security by the U.S. SEC in a recent complaint. The SEC said in a complaint filed late Wednesday that FTX’s exchange token FTT was promoted as an investment contract and thus is a “security.” According to the regulatory watchdog, FTT […]

Binance US makes mobile payments available to its customers

Binance US makes mobile payments available to its customers

Binance US has implemented a service named “Pay” for US consumers, which its global parent launched to users outside the US in 2021. Binance US, a cryptocurrency exchange based in the United States, has finally launched its Binance Pay service, 22 months after the global exchange offered the functionality to its users outside the United […]

Binance CEO says 127K BTC move is PoR audit procedure

Binance CEO says 127K BTC move is PoR audit procedure

The CEO of cryptocurrency exchange Binance has stated that significant sums of cryptocurrency are being moved as part of its proof-of-reserve (PoR) audits. On November 28, according to a tip from Whale Alert , Binance transmitted 127,351 Bitcoin, or more than $2 billion, to an unidentified wallet. On-chain data shows that the transaction took place […]

5 best Web3 messaging applications

5 best Web3 messaging applications

Web3 messaging applications are one of the innovative results of a technology that ultimately strives to improve communication while protecting user privacy. Web3 is the third generation of the World Wide Web that provides users with complete control over their digital data. The Web3 messaging applications allow for effective communication while preventing data breaches and […]

Top 10 crypto market trends in 2023

Top 10 crypto market trends in 2022

These crypto trends were chosen due to their rapid growth on sites such as Google, TikTok, Instagram, Reddit, Twitter, YouTube, and Amazon. Cryptocurrency is still a hot topic that has piqued the curiosity of individuals, investors, corporations, and even governments. In 2022, the Crypto Market witnessed numerous occurrences, some of which were positive and some […]