BNB Surges 3% from One-Year Low Amid Binance Probe
BNB, the native token of Binance, the world’s largest crypto exchange, has recovered from a one-year low of $204 to $216, despite facing a new investigation by the US Department of Justice (DoJ) over alleged sanctions violations in Russia. BNB has been under heavy selling pressure due to the ongoing crypto market slump and the […]
Grayscale’s Bid for Spot Bitcoin ETF Faces Another Delay
The US Court of Appeals has again postponed its verdict on whether Grayscale can transform its popular Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF). The announcement was made by Craig Salm, Grayscale’s chief legal officer. The latest deferral follows two previous ones earlier this year. The decision was anticipated by industry observers on […]
CZ Predicts Bitcoin Bull Market in 2025, Addresses Regulatory Issues
The Binance CEO shared his views on the future of Bitcoin, BlackRock’s entry into crypto, and Binance’s regulatory challenges in a Twitter session. In a recent interactive Twitter session, Changpeng “CZ” Zhao, the CEO of Binance, made a bold prediction for the next Bitcoin bull market. The information session, held on July 5, covered a […]
EU Postpones Metaverse Strategy to Tackle Policy Challenges
The European Commission has delayed the release of its metaverse strategy, which will address privacy, property rights, and technical standards in virtual worlds. The metaverse, a term used to describe a collective virtual shared space, is gaining popularity in the cryptocurrency and big tech worlds. It allows users to create, explore and interact with digital […]
CFTC Reportedly Set to Sue Celsius and Mashinsky
The CFTC has reportedly found evidence that the crypto lender and its former CEO violated its rules by deceiving customers about the risks and returns of its products. According to a Bloomberg report , citing sources familiar with the matter, the Commodity Futures Trading Commission (CFTC) has concluded that Celsius Network and its former CEO, […]