Cryptocurrency Exchanges

Crypto Exchange Binance Sued by US CFTC for Alleged Derivatives Rule Lapses

Reading Time: 2 min The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance, a major cryptocurrency exchange, alleging that the exchange violated derivatives trading rules by allowing US-based customers to trade without being registered with the agency. The lawsuit highlights the challenges that regulators face in overseeing the cryptocurrency industry, and the need for stricter regulation to protect consumers and the financial system from potential risks associated with cryptocurrency exchanges.

Latest News

Crypto Fugitive Do Kwon Arrested in Montenegro Months After $40B TerraUSD Collapse

Reading Time: 2 min Do Kwon, co-founder of the Terra network and a prominent figure in the cryptocurrency industry, has been arrested in Montenegro months after the collapse of TerraUSD, a stablecoin project he was involved in. The collapse led to losses of around $40 billion for investors, and Kwon had been on the run since then. His arrest has sent shockwaves through the industry and raised questions about the regulation of stablecoins and the wider cryptocurrency industry.

Bitcoin

Balaji Srinivasan’s $1 Million Bitcoin Prediction: Is It Realistic?

Reading Time: 2 min Balaji Srinivasan, a prominent figure in the cryptocurrency industry, recently predicted that Bitcoin’s price could reach $1 million within the next decade. While his prediction is highly speculative, it sheds light on the growing relevance of cryptocurrencies and their potential impact on the global financial system. In this article, we explore the factors driving Srinivasan’s optimistic outlook for Bitcoin and the potential risks and challenges facing the cryptocurrency industry.

Cryptocurrency Exchanges

What is ARB / Arbitrum and Why Have Australian Exchanges Rushed to list the Token?

Reading Time: < 1 min Arbitrum is a layer-two solution for Ethereum that uses optimistic rollups to improve speed, scalability and cost-efficiency. It has its own governance token called ARB and is developed by Offchain Labs, whose founders are computer science experts
from Princeton University. One of the unique features of Arbitrum is its flexibility, allowing developers to write code in popular programming languages like Rust and C++. It’s also very decentralized, with a network of validators who secure the network and
earn fees. Arbitrum’s growing ecosystem of DApps and protocols has resulted in the highest total value locked among all other Layer 2 ecosystems.

Latest News

Trovio shifts focus from Perth Mint cryptocurrency project to GoldPass

Reading Time: 2 min Trovio, the Singapore-based fintech company, has announced that it is shifting its focus from the Perth Mint cryptocurrency project to its own product called GoldPass. The move comes amid growing scrutiny around the use of cryptocurrencies in the precious metals industry. Trovio’s GoldPass platform enables customers to buy and sell precious metals securely and transparently. The company’s decision to move away from cryptocurrencies is part of a wider trend in the industry as more companies turn to traditional technologies and platforms to facilitate their operations.

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