Binance CEO Changpeng Zhao will stay committed to his financial offer backing Musk’s Twitter buyout deal. Binance had earlier announced it would commit $500 million to Musk’s Twitter bid offer. Per a Bloomberg report, Binance’s CEO, Changpeng Zhao, has stated that he will continue to back Musk’s $44 billion Twitter...
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Bithumb's former chairman faces eight years in prison for stealing $70 million.
The Sui project could potentially airdrop the SUI token soon. The platform is being developed by former Meta employees. Sui is a layer-1 permissionless blockchain that focuses on scalability. It wants to help creators and developers build experiences for Web3. Users will have to follow a series of steps to...
According to Jason L. Baptiste, the former CEO of Onswipe, Apple’s new NFT rules could limit web3 adoption Apple has officially introduced new NFT rules that are up for debate among several crypto proponents. Tech giant Apple has issued a new NFT guideline strictly demarcating the areas that users can...
The Saga smartphones will be available to users from Q1 2023 The smartphone includes crypto-friendly features such as Solana Pay and other leading built-in crypto wallets. Solana’s debut smartphone, Saga, is yet to be launched globally but has still managed to generate credible buzz in the cryptocurrency market. The smartphone...
South Korean authorities demand that crypto company executives testify in a Terra inquiry but witnesses dodge appearing due to mental condition concerns.
Stock and crypto trading app Robinhood lists Aave and XTZ on their trading platform. Robinhood now supports 19 cryptocurrencies in total including memecoins such as DogeCoin and Shiba Inu. Robinhood’s shares jumped 14% on rumors that of acquisition from Sam Bankman Fried. Stock trading app Robinhood listed Aave and XTZ...
The U.K. government has officially appointed Rishi Sunak as the country’s new Prime Minister following Liz Truss’ controversial exit from office last week. During his time as finance minister under former Prime Minister Boris Johnson, Rishi Sunak announced he wanted to turn the U.K. into a crypto hub. He helped...
BitMEX co-founder Arthur Hayes has high hopes for Ethereum, saying that competitors like Solana would not beat it. Hayes is bullish on Ethereum because of the amount of development going on in its ecosystem, which he says is more important than transactions per second or lower gas fees. Ethereum does...
Binance commands the greater share of crypto spot and derivatives trading in a 24 hour period, eclipsing competitors likes FTX, Coinbase, and KuCoin.
The CEO of FTX, Sam Bankman, stated on Twitter that the exchange will not compensate users who have been phished by fake versions of other companies. SBF later added that the firm would compensate the phishing victims “one last time.” The CEO of the leading cryptocurrency exchange Sam Bankman-Fried has...
As NFT royalties continue to be widely discussed and debated, DeGods NFT creator Frank shared his own proposal on how to address the royalties fiasco. According to his plan, Frank envisions a new token standard that prevents NFTs from interacting with a list of blacklisted contracts. The list may include...