Binance has announced the appointment of Eleanor Hughes as its new general counsel, effective immediately. Hughes, who initially joined Binance in November 2021, previously served as the head of legal for the APAC and MENA regions. During her time in these roles, Hughes played a crucial part in obtaining operational licenses for the exchange in
Terra Luna Classic (LUNC) has emerged as the top-performing coin of the day, experiencing a bullish trend with a nearly 4% increase in the past 24 hours and an impressive 8% surge over the last seven days. The recent disclosure of LUNC holdings by Binance CEO, Changpeng “CZ” Zhao, has further fueled the renewed sentiment
A representative named Eeon, claiming to speak on behalf of Binance customers, has made an attempt to enter an ongoing securities case involving the exchange company. Eeon, along with the affected customers, filed a document stating that they should be recognized as the relevant parties in this matter. They argue that the court order issued
Bitcoin (BTC) appeared to be on track to challenge range highs on July 13 as new macroeconomic data gave a boost to risk asset bulls. The BTC price focus shifted above $30,500, according to data from Cointelegraph Markets Pro and TradingView. The United States Producer Price Index (PPI) numbers released on that day came in
According to a recent report by blockchain intelligence firm Chainalysis, crypto scammers have had a disappointing year so far in 2023. The report reveals that inflows to “known illicit entities” have dropped by 65% compared to the same period last year. Additionally, inflows to “risky” entities have decreased by 42%, while inflows to “legitimate services”
Bitcoin’s next “halving,” an event that occurs approximately once every four years and reduces the asset’s inflation rate, is fast approaching. Expected to take place on April 26, 2024, at Block 840,000, the halving will decrease the number of Bitcoin (BTC) produced every ten minutes from 6.25 BTC to 3.125 BTC. This event is anticipated
Cathie Wood’s Ark Invest, an investment management firm, sold 478,356 shares of Coinbase, the popular crypto exchange, on Friday. This move comes as the stock prices of Coinbase reached a 52-week high. Interestingly, this is the second time within a week that Ark Invest has sold off Coinbase shares. Just a few days earlier, on
The price of Conflux (CFX) has experienced a recent surge, but it seems to be stalling as it encounters resistance from its 20-day exponential moving average (EMA). On July 12, CFX saw an 11.22% increase to retest the 20-day EMA and the Fib 0.236 level at $0.2096. However, in today’s trading session, the CFX price
XRP (XRP) price experienced a significant increase today following the news that Federal District Judge Analisa Torres of the Southern District of New York rejected the United States Securities and Exchange Commission’s (SEC) claim that XRP is a security. The market responded positively to the ruling, causing the price of XRP to rise by over
Republican Presidential candidate Ron DeSantis has pledged to immediately put a stop to the implementation of a central bank digital currency (CBDC) if he is elected president. In an interview with Blaze Media, DeSantis stated that on his first day in office, he would ensure that the CBDC initiative is terminated. He expressed his belief