Benito Cormi

Binance Delisting Announcement Sparks Turbulence, Causes Monero Market to Plummet by 32%

Benito CormiFeb 6, 20243 min read

Monero Faces Loss in Value as Binance Removes Privacy Coin The leading privacy-focused cryptocurrency, Monero (XMR), has experienced a significant 32% decline in its value within…

Cleanspark Acquires $19.8 Million Investment to Expand Bitcoin Mining Presence in Mississippi

Benito CormiFeb 6, 20242 min read

Cleanspark Expands Bitcoin Mining Operations Cleanspark, a publicly traded bitcoin mining company, has announced plans to expand its operational presence in Mississippi. The company has purchased…

Leaked Jupiter Airdrop on Solana Allegedly Nets a User Close to $1 Million via 9,246 Wallets

Benito CormiFeb 6, 20242 min read

Questions Arise About the Fairness of the Jupiter Airdrop The recent Jupiter airdrop, which distributed over $700 million in JUP tokens to users of the Solana…

Solana Experiences Initial Yearly Outage; Technical Team Resolves Issue Resulting in 3% Drop in SOL

Benito CormiFeb 6, 20242 min read

Solana Network Faces Disruption, Urgent Upgrade and Reboot Required The Solana layer one (L1) blockchain is currently experiencing a service disruption. The Solana Status website reveals…

Steve Christie Returns to Binance as Deputy Chief Compliance Officer

Benito CormiFeb 6, 20242 min read

Steve Christie Returns to Binance as Deputy Chief Compliance Officer Cryptocurrency exchange Binance has announced the reappointment of Steve Christie as the Deputy Chief Compliance Officer…

Warning Issued by Hong Kong Securities Regulator to Unlicensed Virtual Asset Trading Platforms

Benito CormiFeb 6, 20243 min read

Trading Only on Approved Virtual Asset Trading Platforms The Hong Kong Securities and Futures Commission (SFC) has issued a reminder to crypto investors in Hong Kong…

Egypt’s $1 Billion Treasury Bill Auction to Relieve Forex Reserves Pressure

Benito CormiFeb 6, 20242 min read

Egypt Strives to Stabilize Economy The Central Bank of Egypt (CBE) is taking steps to stabilize the country’s teetering economy. After raising $850 million from a…

Congressional Testimony: Janet Yellen Urges Regulation of Cryptocurrencies, Highlighting Risks to the Financial System

Benito CormiFeb 6, 20243 min read

Treasury Secretary Calls for Crypto Regulation to Safeguard Financial Stability US Treasury Secretary Janet Yellen is set to address the House Financial Services Committee on the…

Expansion of Educational Initiatives in Emerging Markets: Tether Unveils Tether Edu

Benito CormiFeb 6, 20242 min read

Tether Expands into Education with Tether Edu Tether, the largest stablecoin company, has launched Tether Edu to focus on educational and learning programs. Tether Edu aims…

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