Binance Bahrain To Offer Derivatives For South African Users
Binance Bahrain becomes South Africa’s derivatives provider, complying with Bahrain and South African regulations. Binance Bahrain B.S.C. has been named the new provider of derivatives products for residents of South Africa, ensuring alignment with the required regulatory frameworks. This shift allows Binance to stay compliant with the regulations of the Central Bank of Bahrain and […]
Monthly NFT Sales Drop Below $400M, Hitting Yearly Low
The monthly NFT sales experienced a significant decline in August 2024, falling to $374 million, the lowest this year. Non-fungible token (NFT) sales saw a monthly volume of $374 million in August, continuing their downward trend and marking the lowest sales month of 2024. This is the first time this year that the volume of digital […]
Binance Exec’s Trial Moved Up Despite Lack of Legal Counsel
The Nigerian government accuses Binance of being responsible for the fall of the Naira currency amid multiple alleged money laundering charges. The legal trial for Tigran Gambaryan, a Binance executive and former United States federal agent, has been moved to September 2. The crypto industry is anxiously awaiting the outcome. Gambaryan’s next court hearing is set […]
Bitcoin Miner Revenue Drops 57% from 2024 Peak in August
Bitcoin mining profitability has been severely impacted, with revenue falling to a one-year low in August. BTC Miners sold 2,655 BTC on the weekend. In August, Bitcoin miners reported their lowest monthly revenue in a year, with earnings falling by a significant 57% from the 2024 peak. This decline raises concerns about whether BTC miner […]
XRP Community Accuses US SEC of Favoring Bitcoin and Ethereum
The XRP community accuses the US SEC of favoring Bitcoin and Ethereum, citing inconsistent treatment, escalating debate over the agency’s handling of the crypto markets. The XRP community has criticized the US SEC for allegedly manipulating the crypto market. In a recent series of social media posts, numerous crypto enthusiasts accused the SEC of favoring […]