Binance Reportedly Informs Market Makers About US Settlement
Executives of the cryptocurrency exchange Binance informed its top market makers about the possible $4.3 billion settlement with U.S. authorities, allowing the exchange to stay in business. According to a report published by Bloomberg on December 1, Binance traders were briefed on a provisional agreement between the cryptocurrency exchange and U.S. officials at an exclusive […]
Binance Burns 4B Terra Luna Classic (LUNC) Tokens
Binance exchange burns the sixteenth shipment of Terra Luna Classic (LUNC) tokens, totaling nearly 4 billion, bringing the total number of LUNC destroyed by the exchange to over 43 billion, representing 52% of the total tokens burned by the Terra Luna Classic community. The transaction from December 1 indicates that cryptocurrency exchange Binance transferred 3.90 […]
KuCoin Ventures Supports TON Foundation with $20K Grant
In support of the expansion and development of the TON ecosystem, KuCoin Ventures will provide grants to The Open Network (TON) blockchain platform, including an initial $20,000 contribution. The funding will assist with community-building, marketing endeavors, incubation programs, and TON ecosystem projects, including five payments or game finance (GameFi) platforms, research and development, and community-building—a […]
Hut8 Mining to Operate as US Company Following USBTC Merger
Hut 8 Mining Corp. and U.S. Bitcoin Corp (USBTC) have merged their operations through an all-stock merger of equals, resulting in the formation of Hut 8 Corp (New Hut), a United States-based Company. Canadian Bitcoin mining facility Hut 8 Mining Corp announced an all-stock merger with USBTC on November 30. New Hut CEO Jaime Leverton […]
Ethereum’s Goerli Testnet to End Support and Upgrade
Ethereum is discontinuing Goerli Testnet support in conjunction with the Dencun upgrade, which serves as the definitive implementation. On Thursday, November 30th, the Ethereum development team declared that the client and Ethereum Foundation testing teams will no longer provide support for the multi-client testnet Goerli. Ethereum Duncun Upgrade The Dencun upgrade will be the last and […]