On October 17, Binance, the world's largest cryptocurrency exchange, announced the results of its third batch burn. According to the most recent data on the website, a total of $659,300.76 (or 2,502,313,116 LUNC) was sent to the burn...
Binance, founded in July 2013 by Changpeng Zhao, reportedly became the world's largest cryptocurrency exchange in less than two months. It has since steadily expanded its global footprint by entering new international markets. However, a new investigative report...
Coinbase Global Inc. has recruited Daniel Seifert, a Senior Executive at the German financial technology firm Solarisbank AG, to head its expansion into Europe. Seifert has been appointed as the San Francisco-based cryptocurrency exchange's Regional Managing Director for...
Inflation is one of the most troubling economic phenomena, especially for countries like the United States, which has the world's highest inflation rate. For the fiscal year that ended in June 2022, the annual inflation rate in the...
Binance announced on Friday that it would be launching a $500 million pool for bitcoin miners. If you're a miner in need of working capital, this line of credit of up to $500 million could come in handy....
Decentralized finance (DeFi) has evolved into a multibillion-dollar industry that is remarkably disrupting finance systems across the globe. One of the factors contributing to DeFi's phenomenal growth is the introduction of decentralization into the financial sector. Traditional finance...
Vladimir Putin, Russia's President, has repeatedly accused the West of precipitating a global economic crisis and a wave of crippling inflation by imposing the harshest sanctions in recent history in response to Russia's aggression towards Ukraine. He also...
The popularity and mass adoption of cryptocurrencies have skyrocketed over the past few years. Chainalysis's 2021 Global Crypto Adoption Index shows that the number of people using cryptocurrencies around the world increased by more than nine times in...
Coinbase stated in a press release that it had received preliminary regulatory approval from the Monetary Authority of Singapore (MAS) to provide cryptocurrency services in the country. Due to the preliminary approval, Coinbase can now offer "regulated digital...
Google is planning to integrate cryptocurrency payments into its cloud services after partnering with cryptocurrency exchange Coinbase. Google announced on October 11th that it will begin accepting cryptocurrency payments in 2023 and that it will store its cryptocurrency...
