President Job Biden told U.S. federal agencies to regulate cryptocurrencies, digital assets, Bitcoin, and NFTs. Biden maintains that regulating this fast-growing industry is so important that it's become a “matter of national security.” It's an interesting point of time for this action as the crypto market is going through a tumultuous time, losing large amounts of value for its investors.
Binance announces registration in Canada, as well as being greenlighted in the Kingdom of Bahrain, while Turkish authorities issue a hefty fine for the crypto exchange’s local unit over failing to comply with the country’s new regulations.
Binance CEO Changpeng Zhao explains why it makes sense to bow out of Singapore now.
AscendEX lost around $80 million of users fund to a hacker who attacked the hot wallet of the exchange.
Decentralized exchange, dYdX, suffered an outage due to its dependence on “centralization” for some of its operations.
Sam Bankman-Fried, the founder of the crypto exchange FTX, is optimistic about Solana (SOL). He believes that Solana has the potential to scale to Bitcoin’s (BTC) mass adoption level. Bankman-Fried added that Avalanche (AVAX) also has the potential to climb to the top.
The social trading platform said, despite the delistings, it remains committed to supporting the crypto ecosystem.
In bid to improve standings with regulators, Binance is seeking new fundings from some sovereign wealth funds.
Crypto.com emerges as a serious rival following its big money deal to secure the naming rights to the Staples Center.
FTX US has announced that it will now support a Solana NFT marketplace.
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