Canadian regulator fines Binance $4.4M for AML and CFT violations
FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator.
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XRP holders get green light for motion to intervene in SEC vs Ripple case
A federal judge has accepted token holders' claim that their interests are not being adequately represented in the SEC's ongoing lawsuit against Ripple Labs. 2376 Total views 21 Total shares XRP tokenholders who have sought the right to intervene in the ongoing case against Ripple Labs by the United States Securities and Exchange Commission have…

Ocean Nodes Incentive Program delayed for back-end improvements
Ocean Protocol has rescheduled the launch of its Nodes Incentive Program to Aug. 29, complete backend updates and enhancements.

Balancer launches on Ethereum L2 network Optimism
There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability. 341 Total views 15 Total shares Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by…

NBA Partners With Firm Behind CryptoKitties for Crypto Collectible Game
The United States National Basketball Association (NBA) and its affiliated union — the National Basketball Players Association (NBPA) — have partnered with Dapper Labs of CryptoKitties-fame to release a new crypto collectibles game.According to an official announcement on the NBPA website, the upcoming game is scheduled to launch in early 2020.The game, called NBA Top…

Bitcoin’s last security challenge: Simplicity
It’s been just 13 years since Bitcoin’s (BTC) “Mayflower moment,” when a tiny handful of intrepid travelers chose to turn their back on the Fiat Empire and strike out to a new land of financial self-sovereignty. But, whereas it took 150 years for the American colonists to grow sufficient in number to throw off the…

El Salvador’s Bitcoin, AI plans could boost GDP tenfold by 2029: Cathie Wood
The ARK Invest CEO praised the Central American country for being an “oasis” for Bitcoin and AI adoption.

Reports suggest Goldman Sachs is now offering Bitcoin derivatives
According to a new report, the firm is offering investors access to crypto through non-deliverable forwards. 4934 Total views 42 Total shares Investment banking giant Goldman Sachs has reportedly opened up futures trading on Bitcoin to Wall Street executives.According to Bloomberg Law, last month the investment firm began offering trading with non-deliverable forwards, a derivative…

Signs point to a likely altcoin rally in the final months of 2024
Altcoins fought an uphill battle for the first eight months of 2024, but several signs are suggesting that an explosive recovery is imminent.