Ronin Network’s RONIN Token Drops 20% Post Binance Listing
With the addition of RONIN to the Binance listing, the native token of the Ronin network made substantial strides forward. Binance, the preeminent cryptocurrency exchange globally, recently disclosed its intentions to incorporate the native token of the Ronin network into its platform, garnering significant interest within the international crypto community. Ronin, a gaming-oriented Ethereum sidechain […]
Merlin Chain Raises Funds to Scale Bitcoin with ZK-Rollup
Merlin Chain, a native Bitcoin Layer2 project, announced funding from 24 investors, including OKX Ventures, ABCDE, Foresight Ventures, and Arkstream Capital. The project aims to scale Bitcoin with ZK-Rollup, decentralized oracle, and fraud-proof technologies and to make Bitcoin fun again. The project did not disclose the amount of the funding but said that it will […]
Whale Dumps 33,000 ETH on Binance Sparking Crash Concerns
A possible ETH price collapse is feared by the market after a giant whale dumps approximately 33,000 Ethereum on Binance. ‘czsamsunsb.eth,’ a monstrous cryptocurrency whale identified by on-chain analytics from Spot On Chain, has dumped an enormous 33,000 Ethereum (ETH) onto Binance for an astounding $75.74 million. The action, witnessed concurrently with the ETH price […]
CoinDCX CEO Expects India Crypto Tax Cut After 2024 Elections
Post-2024 elections, CoinDCX CEO Sumit Gupta foresees a substantial reduction in the country’s cryptocurrency tax rate. Recently, Sumit Gupta , co-founder and chief executive officer of CoinDCX, a notable Indian crypto exchange, expressed optimism regarding crypto tax reform in India. Although the Interim Budget did not provide any immediate relief for high TDS and crypto tax rates, […]
South Korea Regulator, SEC Chair Discuss spot Bitcoin ETF
South Korea’s Financial Supervisory Service (FSS), intends to seek guidance in a meeting with the Securities and Exchange Commission (SEC) Chair Gary Gensler regarding spot Bitcoin exchange-traded funds (ETFs). Financial institutions are subject to examination and supervision by the FSS, operating under the overarching jurisdiction of the Financial Services Commission. On February 5, fiscal supervisor […]