Binance to face class action after US Supreme Court denies petition for review
The Supreme Court has denied a petition to review a lower court decision that securities laws applied to Binance.
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City of Busan to establish digital assets exchange: Report
The Busan Digital Asset Exchange Establishment Promotion Committee said it plans to create a functional exchange by the end of the year. 347 Total views 4 Total shares Own this piece of history Collect this article as an NFTAccording to local news outlet News1, Busan, South Korea will establish a decentralized digital commodities exchange. Officials…

Bangladesh to Use IT Fund to Bankroll Blockchain Education for Graduates
The Bangladesh government will use money from its $208 million IT project fund to send graduates for blockchain training in Japan and India.Bangladesh authorities plan to send 100 new IT graduates abroad to boost expertise in the fields of distributed ledger technology, artificial intelligence, machine learning and cyber security, Bangladesh’s English-language newspaper The Daily Star…

Crypto Biz: Binance seals USDC ties a year after BUSD exit
This week’s Crypto Biz also explores Microsoft’s board’s stance on Bitcoin, JPMorgan’s revision of mining stocks, MARA’s new BTC purchase and upcoming listings of crypto firms.

Elon Musk’s X could face $200M EU fines over alleged DSA violations: Law Decoded
Elon Musk’s social media platform, X, is under scrutiny for alleged DSA violations, with potential fines reaching $200 million.

Apple updates iOS to fix crypto wallet security vulnerabilities
Coinbase’s head engineer is warning iOS users to update their mobile devices as soon as possible. 1067 Total views 7 Total shares Apple has issued new security updates for its mobile operating system after the iPhone maker discovered vulnerabilities that could compromise cryptocurrency wallets. The security updates, which were released Tuesday, affect iOS 14.4 and iPadOS…

BitPay CCO Believes Big Business Will Push Bitcoin’s Price Even Higher
A senior executive at cryptocurrency payments processor BitPay told Bloomberg on May 29 that bitcoin (BTC) will only expand higher from its current price.Speaking in an interview with Bloomberg TV, the company’s chief commercial officer, Sonny Singh, said it was business interest and endorsement of cryptocurrency that was fuelling the current market-wide bull run.“You’re starting…

Harmony Blockchain Mainnet Now Supports Staking Along With Sharding
The Harmony mainnet claims to be the first blockchain network to integrate both sharding and staking into its infrastructure. 3030 Total views 44 Total shares The open blockchain platform Harmony announced that it will now support staking in a bid to create a blockchain infrastructure that attains high scalability without compromising on decentralization.In a press…

Harmony announces $1M hackathon aimed at merging traditional finance and DeFi
The hackathon will run for roughly six weeks from Aug. 15 to Sept. 30 and include four challenges from three different categories. 58 Total views 2 Total shares The Harmony blockchain has opened registration for a hackathon starting next month with more than $1 million in seed funding and prizes for participants.In a Thursday announcement…