CZ Refutes Claims Of User Fund Diversion From Binance
Binance CEO “CZ” refuted allegations that the cryptoc exchange diverted $12 billion of user funds to other companies controlled by the CEO. According to reports, CZ diverted customer funds to a company called Merit Peak. In response to the US Securities and Exchange Commission’s (SEC) complaint, Senators Elizabeth Warren and Chris Van Hollen have asked […]
Adverse Fed Policies Could Restrain Ethereum Price
Mike McGlone, a Bloomberg strategist , asserts that the Fed’s adverse policies and Ethereum’s bleak technical backdrop can impede development. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a rough week after the US Securities and Exchange Commission (SEC) submitted securities violation charges against Binance and Coinbase Exchanges, respectively. At the time […]
Official Launch of Kraken NFT with Polygon Integration
Kraken, a leading cryptocurrency exchange, will launch its NFT Marketplace on the Polygon ($MATIC) network. They announced that Kraken NFTs are officially launch-ready, which means they are no longer in beta. The market could attract NFT artists, enthusiasts, and similar parties. In addition to the blockchain integration, more than 250 collections will be available on […]
SEC Chair Offers to Serve as Advisor to Binance – Report
Amidst the SEC-Binance lawsuit, Binance’s attorneys have revealed that the Chairman of the Securities and Exchange Commission, Gary Gensler, had offered to serve as an advisor to the crypto exchange in 2019. According to documents filed by the SEC on Wednesday, attorneys from two of Binance’s law firms, Gibson Dunn and Latham & Watkins, allege […]
9 Best Free Cryptocurrency Cloud Mining Sites – Daily Passive Income
The prospect of mining coins in exchange for passive income appeals to many cryptocurrency market participants. However, in the conventional sense, mining needs pricey equipment and a lot of power. People are switching to cloud mining more frequently now. Users of cloud mining need to pick a supplier, make an upfront investment, and wait for […]