BTC price dip gone by September? 5 things to know in Bitcoin this week

Binance started the Secure Asset Fund for Users (SAFU) in 2018 by allocating 10% of the trading fee. 280 Total views 24 Total shares Binance, the world’s leading crypto exchange by trading volume, announced its Secure Asset Fund for Users (SAFU) reached a $1 billion valuation.The user protection insurance fund was set up in July…

Bahrain’s central bank is launching a regulatory sandbox to allow blockchain and crypto companies to work in the country, pending formalized regulations. The news was reported by Bloomberg оn Feb. 20.As previously reported, in December 2018, the central bank issued draft proposals to potentially regulate and license crypto asset services. With the prospective framework currently…

Users of cryptocurrency exchange Luno can claim $14 in BTC rewards before Sunday. 7489 Total views 9 Total shares Famous pizza chain Papa John’s has begun giving away cryptocurrency rewards for customers in the United Kingdom.According to the online offers of Papa John’s in theU.K., pizza lovers can receive 10 euro ($12) worth of Bitcoin (BTC)…

The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law. 317 Total views 3 Total shares Binance’s arguments used in its motion to dismiss a lawsuit from the United States securities regulator relies on an incorrect legal analysis and have no basis in law

The United States, which was the joint top-ranked crypto economy last quarter along with Germany, fell to seventh place in the rankings. 418 Total views 17 Total shares Germany has become the most favorable crypto economy in the world in the third quarter of 2022, according to a new report. The United States, the joint…

The entrepreneur faces eight criminal counts, which could result in 115 years in prison should he be convicted. 351 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTFormer FTX CEO Sam Bankman-Fried has pled not guilty to all criminal charges he’s facing, including wire fraud, securities fraud and violations…

Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services. 462 Total views 5 Total shares In the wake of the recent FTX scandal, another crypto business is feeling the market effects. Genesis Block, a frontrunner for providing cryptocurrency…

Cryptocurrency asset management company BlockFi announced a change to its interest rates in a monthly update on May 21.Accounts with bitcoin (BTC) balances over 25 BTC will receive a .15% increase in interest rate, and those with ether (ETH) balances between 25 and 75 ETH will decrease from 6.2% to 3.25%.According to BlockFi, the lending…