Topic

Blockchain

A collection of 89 issues

Bitstamp Phasing Out of Canada by 2024: A Deep Dive into the Decision

Bitstamp, one of the longest-standing cryptocurrency exchanges globally, has made an impactful decision that has reverberated throughout the crypto community in North America. As of January 8, 2024, Bitstamp will officially discontinue its services in Canada, leaving a noticeable void in the country's crypto infrastructure. With this move, Canadian customers

CZ's $1 Billion Crypto Rescue Plan Falls Short, Raising Just $30 Million

In an unexpected turn of events, the ambitious project to salvage the cryptocurrency market, spearheaded by Changpeng Zhao (CZ), the founder of Binance, has faced a major setback. The plan, which was initially designed to raise $1 billion to help rejuvenate an ailing sector, has only managed to pool a

Gitcoin Reports Loss of $460,000 Due to Transfer Error

Gitcoin, a prominent platform in the crypto community supporting open-source developers, has reported an unfortunate transfer error resulting in the loss of approximately $460,000 in Gitcoin (GTC) tokens. This news, sure to reverberate within the crypto ecosystem, speaks to the need for consistent diligence in the often-complex world of

Coinbase and the SEC Faceoff: What's at Stake for the Crypto Industry

As the crypto industry continues to evolve and navigate the complex waters of regulation, one battle stands out: the recent conflict between Coinbase and the United States Securities and Exchange Commission (SEC). With sources from Decrypt, Reuters, and FinanceFeeds, this article aims to shed light on the major developments in

Binance Resumes Services in Belgium Amid Regulatory Compliance

In a recent development in the ever-evolving crypto landscape, Binance, one of the world's leading cryptocurrency exchanges, has announced its return to Belgium. This decision follows a hiatus from the European nation, where Binance faced scrutiny and regulatory challenges. Regulatory Hurdles Binance's operations in Belgium had been hampered by concerns

Tether Resumes USDT Loans Amidst Controversy Over Reserve Adequacy

Stablecoin giant Tether has reactivated its short-term loan services, insisting that it maintains sufficient reserves to back its USDT token.As the crypto industry continues to evolve at a rapid pace, Tether, the company behind the widely-used USDT stablecoin, has made a contentious move by resuming its short-term USDT loans.

The Call for Action: A Deep Dive into Solana's Push for US Crypto Regulation

n an ever-evolving digital world, the crypto market has become an important aspect of the global economy. This evolution has seen major players in the blockchain sector urging governments worldwide to lay down regulatory guidelines. Leading this call in the US is Anatoly Yakovenko, co-founder of Solana and the Chief

SEC's Request to Immediately Inspect Binance US Software Denied

In an ongoing tussle with one of the world's leading cryptocurrency platforms, the U.S. Securities and Exchange Commission (SEC) has faced a setback. Its recent attempt to gain immediate access to inspect Binance US's software has been denied, as reported by multiple sources, including Bloomberg and CoinDesk. The Background

Ethereum's Holesky Testnet: A Rare Technical Hiccup in Blockchain Evolution

In a surprising turn of events, the much-anticipated Ethereum's Holesky testnet failed to launch successfully. The Ethereum community, usually priding itself on the robustness and reliability of its technological advancements, has been left pondering this rare misstep. Multiple sources, including prominent platforms like CoinDesk, FXStreet, and Binance, have provided insights

The Crypto Sphere's Worry

The crypto community is all too familiar with the aftermaths of sudden exchange collapses. Mt. Gox, once the leading Bitcoin exchange, filed for bankruptcy in 2014 after a security breach resulted in the loss of 850,000 Bitcoins. Its impact was felt across the entire crypto market. Today, almost a