Binance, the largest cryptocurrency exchange globally, and its US-based counterpart, Binance.US, have reached an agreement with the U.S. Securities and Exchange Commission (SEC) to safeguard U.S. customer assets within the…
Blockchain
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BlockchainFinanceNews
BlackRock Propels Bitcoin Adoption with Filing for Cryptocurrency ETF, Unlocking New Investment Avenues
by Prashant Kumar 3 minutes readOn Thursday, BlackRock, the largest asset manager globally, submitted a request for a bitcoin exchange-traded fund (ETF), providing investors with an opportunity to invest in the cryptocurrency. This move comes…
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BlockchainNews
Binance.US Reportedly Enacts Employee Layoffs Amidst US SEC Charges
by Prashant Kumar 2 minutes readAccording to insiders and social media posts from employees, the US-based affiliate of cryptocurrency behemoth Binance has reportedly carried out a series of layoffs subsequent to being charged by regulators…
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BlockchainWorld
Coinbase Faces Lawsuit Over Unauthorized Gathering of Users’ Biometric Data
by Prashant Kumar 3 minutes readCoinbase, a cryptocurrency exchange, is facing legal issues as it has been accused of collecting users’ biometric data without obtaining their consent or authorization. Michael Massel, the plaintiff, filed a…
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BlockchainIndiaNews
Gemini to Establish Engineering Hub in India, Appoints CTO Pravjit Tiwana as APAC CEO
by Prashant Kumar 2 minutes readGemini, a cryptocurrency exchange based in the United States, has announced that it will be expanding its global engineering operations by opening a new office in Gurugram, India. The company…
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BlockchainNewsTechnology
Crypto Asset Regulations of EU Gain European Parliament’s Approval for Roll Out in 2024
by Prashant Kumar 2 minutes readOn Thursday, the European Parliament gave a strong endorsement to the first-ever regulations for crypto asset markets in the European Union, with a decisive vote of 517 in favor and…
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BlockchainNews
Intel Ceases Production of Bitcoin Mining Chip Series Due to Crypto Market Downturn
by Prashant Kumar 3 minutes readIntel announced on Tuesday that it has halted the production of its Bitcoin mining chip series, only a year after its launch. The decline in the cryptocurrency market has adversely…
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Polygon is one of the most popular blockchains that is not only efficient but also environment friendly. Created by an enthusiastic team of Indian developers, it uses a proof-of-stake consensus…