We have never manipulated the market – Binance
Binance cryptocurrency exchange, is fighting accusations of market manipulation and operating against its users’ best interests. The exchange hinted of taking legal actions. Binance appeared to place the blame for any charges of crypto market manipulation on outlets that create fear, anxiety, and doubt, as well as those impersonating staff at the exchange, in a […]
The agency has broad enforcement authority on crypto derivatives – CFTC commissioner
Dawn Stump, one of four current commissioners of the Commodity Futures Trading Commission, or CFTC, has issued a statement defining the agency’s power over digital assets and cryptocurrencies. Stump said in a statement on Monday that the CFTC has both regulatory and enforcement authority over commodities. “Even if a digital asset is a commodity , […]
Bybit partners with eSports teams Astralis and Alliance
Bybit has signed new partnerships with the esports teams Astralis and Alliance, allowing it to grow its presence in the video game sector. This revelation comes few days after it signed a deal with Ukrainian esports team NAVI. As part of a bigger strategic drive aimed at more expansive player engagements , carbon neutrality measures, […]
Infrastructures are being built ahead of El Salvador’s Bitcoin adoption
El Salvador’s president, Nayib Bukele, who was a driving force behind the country’s adoption of Bitcoin, stated that residents will be able to transfer their cryptocurrency to fiat currency as soon as Bitcoin is recognized as legal cash. Bukele claimed on Twitter on Sunday that 4.5 million adults in El Salvador will have the option […]
FTX obtains naming rights to California Memorial Stadium
As part of a multi-year agreement with the University of California, Berkeley athletics department, FTX cryptocurrency exchange has obtained naming rights to the field at California Memorial Stadium. The 62,000-seat arena will be renamed FTX Field at California Memorial Stadium as part of the deal. The $17.5 million (£12.8 million/€14.9 million) 10-year deal is reported […]