Day: 7 June 2023

Binance is currently facing challenges in its business endeavours in South Korea due to legal issues with financial regulators in the United States. The U.S. SEC recently filed a lawsuit against Binance; it accused the crypto exchange of commingling user funds and violating multiple securities regulations. The regulator brought 13 ...

Volcano Energy, a public-private partnership in El Salvador, has secured an initial funding of $250 million for its ambitious Bitcoin mining project. This funding is part of a $1 billion commitment to construct a state-of-the-art mining farm in the country. Max Keiser, the chairman of Volcano Energy, took to Twitter ...

The U.S. House of Representatives Financial Services Committee has scheduled a hearing to shed light on the digital asset ecosystem and discuss the future of cryptocurrencies in the country. The Committee Chairman, Representative Patrick McHenry, announced this decision on June 6, 2023, via the Committee's Twitter handle. #NEW: Chairman @PatrickMcHenry ...

Tech giant Apple has confirmed its acquisition of Mira, an augmented reality (AR) company known for its hands-free, smartphone-powered AR headsets.  The news of the acquisition was initially revealed through a private Instagram post by Mira's CEO, Ben Taft, on June 7, 2023. Apple subsequently verified the authenticity of the ...

Robinhood is taking proactive measures in response to recent actions by the U.S. Securities and Exchange Commission (SEC) against Binance and Coinbase. The popular retail brokerage platform is reportedly investigating its cryptocurrency services and carefully reviewing the regulator's stance to determine its course of action. The SEC's recent legal action ...

Bitget has introduced an exciting feature on its platform; the Martingale AI strategy, an artificial intelligence-powered feature that enhances the accessibility and effectiveness of the Martingale investing strategy suite of products. According to Bitget's press release, the Martingale AI strategy is designed to cater to novice traders who are seeking ...