Binance, the world’s largest crypto exchange, recently announced the addition of new trading pairs and services to provide users with more options. However, this expansion comes with restrictions for residents of specific countries. Despite these updates, the market for cryptocurrencies has not seen significant price increases and remains in the red. Binance’s Trading Pair Expansion
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The US Securities and Exchange Commission has recently set its sights on various cryptocurrency platforms, with its most recent target being the NFT platform OpenSea. OpenSea’s CEO, Devin Finzer, took to social media to express his disappointment in the SEC’s actions. Finzer revealed that OpenSea had received a Wells Notice from the SEC, signaling that
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Devin Finzer, the CEO of OpenSea, recently made an announcement regarding receiving a Wells Notice from the US Securities and Exchange Commission (SEC). The SEC believes that the NFTs traded on OpenSea’s platform should be classified as securities. Finzer’s response to this notice was one of surprise and defiance, as he expressed shock at the
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Cardano, along with its native token ADA, experienced a significant decline in the second quarter of 2024. The report by Messari highlighted various key performance indicators that pointed towards a downturn in the cryptocurrency market. ADA’s price dropped by 39.7% to $0.39, while its market capitalization fell by 39.4% to $14 billion. This decline was
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Maker, one of the pioneering DeFi lending platforms on Ethereum, has recently undergone a rebranding to “Sky” alongside significant upgrades to its decentralized stablecoin ecosystem. This rebranding includes renaming its stablecoin from DAI to USDS and its governance token from MKR to SKY. Additionally, users can now access the upgraded SKY token by supplying USDS
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Sony Blockchain Solutions Labs, in collaboration with Startale Labs, recently unveiled plans to create Soneium, a blockchain platform that aims to bridge the gap between Web3 and Web2 technologies. The primary goal of Soneium is to enhance accessibility to blockchain technology while offering solutions that are scalable, efficient, and capable of addressing real-world challenges. Soneium
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