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August 2, 2023
Binance has refuted claims published in the Wall Street Journal that despite China’s crypto ban, the exchange has conducted billions in crypto-related business in the country. Binance has reportedly continued operations in China, despite the country’s ban on cryptocurrencies, even conducting billions of dollars worth of transactions monthly, according to a Wall Street Journal investigation. ...
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Unravel the power of NLP in spotting fake news with various techniques and real-world examples. The sheer volume of information produced every day makes it difficult to distinguish between real and fake news, but advances in natural language processing (NLP) present a possible solution. In today’s digital era, the spread of information via social media and...
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Brad Garlinghouse stressed Ripple’s unchanged commitment to transparency but hinted that future reports might undergo some changes. Ripple CEO Brad Garlinhouse on August 2, expressed his disapproval of the United States Securities and Exchange Commission (SEC) for utilizing Ripple’s quarterly XRP Markets Report, designed to enhance transparency in the cryptocurrency industry, as evidence against the...
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The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem and many lending protocols are rushing to minimize their exposure. Abracadabra Money, a cross-blockchain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated with its Curve (CRV) exposure. The proposal drew mixed reactions from the community,...
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A handful of United States asset managers have filed fresh applications to launch Ethereum Futures ETFs. Six major asset managers including Grayscale and VanEck have filed fresh applications in a bid to launch Ethereum Futures (ETH) exchange traded funds (ETF) to United States customers. Separate filings submitted to the U.S. Securities and Exchange Commission (SEC)...
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BTC’s price strength attempts a comeback, but bulls run out of steam after briefly storming through key resistance levels. Bitcoin (BTC) spiked above $30,000 on Aug. 2 as a tour of its trading range saw BTC price volatility return. BTC/USD 1-hour chart. Source: TradingView Bitcoin comes full circle after trip to $30,000 Data from Cointelegraph...
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Armstrong confirmed that Coinbase was looking into adding support for the Bitcoin Lightning Network and reassured its support for Bitcoin payments. Coinbase CEO Brian Armstrong has confirmed that the crypto exchange is “looking into” adding the Bitcoin Lighting network in its quest to advance crypto payments adoption worldwide. On July 28, Armstrong addressed the crypto...
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Kenyan authorities want to ensure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data. The new cryptocurrency and digital identity project, Worldcoin, is facing a rough start in Kenya, with the government halting all local activity associated with it. Kenya’s minister of internal security took...
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Binance declined to comment on the issue when Cointelegraph reached out to confirm the report. Binance has declined to comment on a media report that CEO Changpeng Zhao almost shuttered the crypto trading platform’s arm in the United States in an effort to protect its global company. Citing anonymous sources, the tech media outlet reported that...
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The country emphasizes the necessity of dealing with digital assets’ risks for developing economies. India, which currently holds the Group of Twenty (G20) presidency, has supported the Financial Stability Board’s (FSB) recommendations for a global crypto framework published in July. The country also emphasized the necessity of dealing with digital assets’ risks for developing economies....
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