Ethereum
Binance Allocates Another $1B for Its Crypto Recovery Fund
Other prominent crypto players, including Aptos Labs and Jump Crypto, have also joined Binance’s initiative. Source link
Year: 2022
Market Analysis
Binance aims crypto recovery with $1B Fund, 7 others with $50M
Binance, the world’s largest crypto exchange, revealed an Industry Recovery Initiative—a $1 billion fund to help crypto companies in need. Now, other companies are jumping in to contribute. The collapse of one of the largest crypto […]
Market Analysis
Should Argentina Offer Bitcoin Bonds to Follow El Salvador?
JAN3 CEO Samson Mow argues that Argentina should offer Bitcoin bonds and transition to using Bitcoin as a legal currency. Mow suggested that Argentine Bitcoin bonds could raise capital for another income-generating activity whose proceeds […]
Market Analysis
Is the US SEC Trying to Manipulate the Bitcoin Supply?
When CME Group launched the first Bitcoin futures contract in 2017, the firm’s Chairman Emeritus, Leo Melamed, famously declared that he would ‘tame’ Bitcoin. Since then, several ETFs have been approved by the SEC. But […]
Regulation
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts – Regulation Bitcoin News
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to […]
Regulation
First Mover Asia: Bitcoin Stays Calm at $16.5K
First Mover Asia: Bitcoin Stays Calm at $16.5K Source link
Market Analysis
Polygon Price Can Shoot Up After Partnership With NFT Platform
The Polygon (MATIC) price has reclaimed the $0.80 horizontal support area. While there is a short-term bullish pattern in place, the direction of the long-term trend is unclear. Polygon is a platform that provides a […]
Market Analysis
Crypto Exchange CoinDCX Releases Proof-of-Reserves
One of the leading Indian crypto exchanges, CoinDCX, released its Proof-of-Reserves holding. Shiba Inu (Shib) has the third-largest allocation. Sumit Gupta, the co-founder of CoinDCX, announced on Twitter that they released their Proof of Reserves […]
Market Analysis
Lemon Cash Lets Go of 38% of Staff to Survive Crypto Winter
Lemon Cash had to lay off around 100 employees, which consists of 38% of the company’s staff, to survive crypto winter. The market is witnessing a full-fledged bear market in crypto, and the global macroeconomic […]
Bitcoin
Cardano DeFi Project Ardana Halts Development, Citing Funding, Timeline Concerns
Ardana was barely a year into development after raising $10 million last year via a funding round led by now defunct crypto hedge fund, Three Arrows Capital, Cardano’s cFund and Ascensive Assets. The project was […]