Gala Games (GALA) rallies 265% shortly after Binance listing announcement
An exchange listing and a foray into NFTs and play-to-earn gaming back GALA’s 270% rally to a new high. Go to Source Powered by WPeMatico
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South African Exchange Sets New Crypto Withdrawal Limits — Restrictions ‘a Deterrent for Illicit Actors’
One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement, Luno has so … Read more
3 reasons why Quant price has rallied 200% in the last month
Increased interoperability between blockchain networks and the release of Overledger 2.0.5 are just a few of the reasons for QNT’s 200% rally in August. Go to Source Powered by WPeMatico
Russian State Hermitage raises $440K via Binance NFT auction
Da Vinci’s artwork has received the highest bid of 150,500 BUSD in the Hermitage’s first NFT auction on Binance. Go to Source Powered by WPeMatico
Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams
Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being scammed by cryptocurrency Ponzi schemes involving the national cryptocurrency, petro (PTR), advising users to always keep their accounts’ passwords secure. This is the government’s answer … Read more
Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations
Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance “may be in breach of the Payment Services Act.” Binance Complying With Singapore’s Regulations … Read more
Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled blockchains continue to see TVLs steadily rise. Total Value Locked Across … Read more
Binance limits SGD product offerings in Singapore amid regulatory warnings
The Monetary Authority of Singapore placed Binance on its investor alert list on Sept.1 amid signs that the crypto exchange may have violated local payments laws. Go to Source Powered by WPeMatico
After Warnings from South African Regulators Binance Rejects Accusations It Provides Financial Advice
Beleaguered crypto exchange, Binance, has released a statement in which it denies accusations that provides financial advice or renders any intermediary services. In a statement released on Twitter less than 24 hours after the Financial Sector Conduct Authority (FSCA)’s warning, the crypto exchange also denies having any ties or links to the organization “Binance Group.” … Read more
Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance
The list of regulators warning that Binance is illegally operating in their jurisdictions continues to grow. The authorities in Singapore and South Africa have become the latest to warn that the global cryptocurrency exchange may be in breach of their local laws. South Africa’s Financial Sector Conduct Authority Warns Against Binance The South African financial … Read more