Binance to Halt Support for Several Leveraged Token Services
Binance exchange will discontinue support for a subset of its leveraged tokens that are associated with Bitcoin, Ether, and BNB starting April 3. On February 19, Binance declared its intention to discontinue support for leveraged tokens coupled with Tether. Affected are the following leveraged tokens: BTCUP and BTCDOWN, ETHUP and ETHDOWN, and BNBUP and BNBDOWN. […]
Vitalik Buterin’s AI Comment Leads to Ethereum (ETH) Price Surge
Following Ethereum co-founder Vitalik Buterin‘s most recent post concerning artificial intelligence (AI) and its applications in cryptocurrencies for bug fixing and code verification, the price of ETH has increased above $2900. Recent discussions among Vitalik Buterin, the creator of Ethereum, have centered on artificial intelligence (AI) and its advantages and disadvantages. Recently, he discussed the […]
Virginia Senate Committee Proposes Yearly Fund for Crypto, AI
An annual combined fund allocation of $39,240 has been proposed by the Virginia Senate committee for two recently established commissions on cryptocurrency and artificial intelligence (AI). On February 18, the Senate Finance and Appropriations Committee’s Subcommittee on General Government proposed allocating more than $23.6 million for different legislative departments. The Blockchain and Cryptocurrency Commission, instituted […]
Backpack Exchange, Banxa Partner for Off-ramp Digital Assets Solution
Backpack, a cryptocurrency exchange, has partnered with Banxa, a global provider of crypto on-ramp services, to develop an off-ramp solution for digital assets. The new on-ramp solution will be accessible to backpack users in more than 130 countries, Banxa announced on X on February 19. The developers of Solana’s Mad Lads executable nonfungible token (NFT) […]
Ruling Party to Postpone Crypto tax for 2 years in South Korea
The People Power Party, the ruling party in South Korea, has initiated efforts to postpone the implementation of cryptocurrency gains tax for an additional two years as a campaign pledge in preparation for the April general election. According to the Herald Business Daily, a local news source, the political organization stated that before delving into […]