BNB Market Shares Decline Amidst Regulatory Troubles BNB, the native token of the Binance exchange, has experienced a significant drop in its market shares following regulatory pressure on the trading platform. The United States Securities and Exchange Commission (SEC) filed a lawsuit against…
In the past month, the price of bitcoin has increased by 9%, attracting a lot of attention. This surge in interest is evident in the Google Trends data, which shows a significant increase in searches for the term “bitcoin.” On June 28, 2023,…
The Gen Art Program: Sotheby’s Unveils Blockchain-Based Auctions for Generative Artists Sotheby’s, the renowned auction house, has announced the launch of its new blockchain-based program called the Gen Art Program. This program aims to feature the works of two to three generative artists…
DYDX to Launch Public Testnet of Cosmos-based Blockchain Next Week DYDX, the decentralized exchange, announced that it will be launching the public testnet of its Cosmos-based blockchain earlier than expected. The DYDX Chain, built within the Cosmos ecosystem, has completed its Milestone 4…
Paradigm, a venture capital firm, remains dedicated to the cryptocurrency sector and is committed to investing in various stages of the industry. The firm will also continue publishing original research, helping portfolio companies develop mechanisms, and advocating for good policy. Additionally, Paradigm is…
Tom Lee, managing partner at Fundstrat Global Advisors, expresses optimism about the future of Bitcoin (BTC) in an interview with CNBC. He believes that Bitcoin’s resilience in the face of regulatory crackdowns indicates its long-term viability. Lee also notes that the exit of…
Business intelligence company MicroStrategy has announced that it has purchased an additional $347 million worth of Bitcoin, bringing its total holdings to 152,333 BTC. MicroStrategy has been a strong supporter of Bitcoin, with former CEO Michael Saylor describing it as the digital synthetic…
MicroStrategy Invests Heavily in Bitcoin, Adds 12,333 BTC to Holdings MicroStrategy, a publicly traded software company, has made another significant investment in Bitcoin, purchasing an additional 12,333 BTC at an average price of $28,136 per Bitcoin. This brings their total Bitcoin holdings to…
Crypto exchange platform KuCoin is implementing mandatory Know Your Customer (KYC) rules for its customers starting on July 15, 2023. This move is in compliance with federal regulations and aims to enhance security. Customers who fail to comply with KYC regulations will have…