2022 wasn’t the best year for all cryptocurrencies across the board. However, Binance hit each of the targets regarding compliance, transparency, and user protection. This article will examine some of Binance’s major 2022 hits in the mentioned areas. Key Points Compliance: 2022 saw Binance scale…
This question has been asked since the inception of Bitcoin in 2009, and it’s still loud even up to date. One side says Bitcoin is a new form of money, hence should be regulated by the government like all other forms of money. Some…
Binance Chief Executive Officer Zhao has urged world governments around the globe to resort to regulation other than fighting crypto. Zhao advised governments that there are better ideas than fighting crypto as it becomes more mainstream. Crypto regulation has faced more scrutiny over the…
Understanding Crypto Winters Typically, cryptocurrencies are pretty off the mark compared to their glory days. Bitcoin-the largest crypto is around 65% off its all-time high. And it is not only Bitcoin; other altcoins are also going through the same. Assets such as Ethereum, Cardano,…
Bitcoin is the world’s first and most successful crypto asset. Since its inauguration, Bitcoin has made history, especially regarding its price. Everyone didn’t expect the asset’s value acquired during the bullish 2021. In April last year, the value of the asset was $64,000 (£52,000)….
Central Banks in the United States, such as Citi, BNY Mellon, and Wells Fargo, have partnered up with the NY Fed to conduct a 12-week pilot program on CBDC. In the pilot study, these banks will issue tokens and settle transactions through simulated Central…
The market has been forced to watch the collapse of FTX in recent weeks. FTX was a global cryptocurrency exchange firm backed by the likes of Sequoia, and Greylock, among other big names in Venture Capital. FTX, Binance’s biggest competitor, went down uniquely. Sam…
The once renowned Bitcoin exchange firm-Mt Gox has announced that it is ready to pay its investors a total of 141,000 Bitcoins indebted to them. For those unfamiliar with Mt. Gox, it was a Japanese exchange firm smeared with lies, hacks, and scams. During…
US law enforcement officials on Monday last week announced that they had seized around 50,000 Bitcoins that had been used in illegal activity on Silk Road-an online marketplace. This recent seizure brings the total amount of Bitcoin held by the United States government to…
Rishi Sunak, the youngest member of the British parliament at 42 years old, was recently voted in as Prime Minister. Following Liz Truss’ controversial exit from office, Rishi Sunak was appointed to replace her as Prime Minister. The markets’ reaction to Liz Truss’s disastrous…
Ever wondered what NFTs are and what the hype is all about? The NFT sector was one of the hottest trends in 2021 and continues to attract attention in 2022, despite the bearish environment. NFTs can be described as digital assets that can be…
Blockchain software company Peersyst announced that they are launching an Ethereum-compatible sidechain on the XRP Ledger’s developer network — a separate network used to test new technologies. XRPL’s sidechain is now live, but it remains in the early phase. It uses Solidity—the coding language…
