Binance to Cease RUB Deposits Amid Russian Exit Plans
In anticipation of Binance’s departure from Russia, the cryptocurrency exchange is presently focusing on discontinuing RUB deposits. Binance, the largest cryptocurrency exchange in the world, issued a statement updating its users on the Russian ruble (RUB) landscape in the wake of its impending withdrawal from the country. Following the statement, the exchange will halt all […]
JPMorgan Unveils IFTTT Programmable Payments for JPM Coin
Clients can now program payments with conditions and transfer funds to cover delinquent payments and margin calls using JPMorgan’s JPM Coin. JPMorgan’s Onyx, which operates its blockchain-powered payment system JPM Coin, takes another significant move forward with the introduction of a programmable payments feature. The JPM Coin system allows clients to schedule payments for financial […]
Marathon Digital Announces 467% Increase in BTC production
Marathon announced a 467% increase in BTC production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe. The revenue of Marathon Digital Holdings, a company that mines Bitcoin, increased by 670% annually during the third quarter of 2023, as Bitcoin production increased by nearly fivefold. Marathon also turned a profit […]
Gary Gensler Gives Condition to Allow FTX Reopening
Tom Farley or any other FTX acquiring party that wishes to reopen the exchange must comply with SEC law, according to the chair of the SEC. The present management team at FTX is diligently striving to restore operations to the exchange. Recent reports also indicate that Tom Farley, the former president of the NYSE, has […]
SEC’s Window to Approve all 12 spot Bitcoin ETFs Begins Today
The SEC may approve all twelve spot Bitcoin ETF filings during an eight-day period between November 9 and November 17. Within eight days, the United States Securities and Exchange Commission may approve all twelve pending spot Bitcoin exchange traded fund (ETF) applications. James Seyffart and Eric Balchunas, ETF analysts at Bloomberg, wrote that the SEC […]