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XRP Soars 20% as Trading Volume Flips Bitcoin on South Korean Exchanges Don’t believe the ‘crypto’ hype: SEC wins partial victory over Binance.US Binance Reports Record $1.2 Billion Inflow Amid Recent Market Volatility Pip World Buys Roblox Stock Simulator Game for Undisclosed Price Avalanche Blockchain's Largest-Ever Upgrade Goes Live on Testnet 75% of Memecoins Born This Year, But 97% Are Gone: Binance Research Bitcoin breaks $87k; here’s what this analyst says about BTC price SEBI proposes revised settlement rules for inactive trading accounts The 5 Best Altcoins To Buy Now Before the Bull Run (July 2024 Updated) Palo Alto Networks breach: Blockchain key to cybersecurity resilience

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XRP Soars 20% as Trading Volume Flips Bitcoin on South Korean Exchanges

Ryan Lee, chief analyst at Bitget crypto exchange, noted that the XRP surge might trigger a pullback, causing a price decline in early August. However, if the price holds above key support levels (around $0.70), it could resume its upward trajectory later. XRP trading volume surged past Bitcoin (BTC) on South Korean exchanges this week, reflecting a global trend and causing a 20% price rise, according to CoinMarketCap. This surge, however, appears to be short-lived, raising questions about the token’s long-term prospects. Data from CoinGecko shows a major shift in South Korean trading activity. XRP made up 40% of trading...

19.07.2024

Don’t believe the ‘crypto’ hype: SEC wins partial victory over Binance.US

The U.S. Securities and Exchange Commission (SEC) won a solid TKO over Binance, despite the digital asset exchange’s desperate post-ruling efforts to claim victory. On June 28, Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia issued a memorandum opinion on the 13 charges in the SEC’s civil complaint against Binance. The suit, filed in June 2023, accused Binance, Binance.US, and Binance founder Changpeng ‘CZ’ Zhao of engaging in an “extensive web of deception, conflicts of interest, lack of disclosure and calculated evasion of the law.” Jackson’s opinion dismissed one charge outright and partially dismissed...

05.07.2024

Binance Reports Record $1.2 Billion Inflow Amid Recent Market Volatility

TLDR Binance saw $1.2 billion in net inflows over 24 hours during the recent market volatility. This marks one of the highest net inflow days for Binance in 2024, according to CEO Richard Teng. Other exchanges like Bybit, Crypto.com, and OKX also saw significant inflows. The inflows occurred despite a sharp market downturn, with Bitcoin and Ethereum prices dropping significantly. Overall crypto trading volume surpassed $200 billion on August 5, 2024. Leading exchange Binance reported a massive $1.2 billion in net inflows over a 24-hour period, coinciding with significant market volatility. This influx of capital marks one of the highest...

07.08.2024

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XRP Soars 20% as Trading Volume Flips Bitcoin on South Korean Exchanges

Don’t believe the ‘crypto’ hype: SEC wins partial victory over Binance.US

Binance Reports Record $1.2 Billion Inflow Amid Recent Market Volatility

Pip World Buys Roblox Stock Simulator Game for Undisclosed Price

Stockrise, Roblox’s highest-grossing stock simulator game, has been acquired by the socialfi gaming platform Pip World for an undisclosed price. The acquisition is expected to help Pip users develop practical risk assessment and trading skills. The deal sees Stockrise join Pip’s social games ecosystem, which includes the immersive trading strategy simulator game Pip Trader. Boosting Prospective Traders’ Financial Knowledge The socialfi gaming platform Pip World has acquired Roblox’s highest-grossing stock simulator game, Stockrise, for an undisclosed price. Pip World’s 7 million budding Gen Z traders will be able to bolster their financial acumen through simulated trading. According to a statement,...

Avalanche Blockchain's Largest-Ever Upgrade Goes Live on Testnet

Avalanche9000 is meant to cut the cost of sending transactions and running validators, making it easier to build apps on the network, crypto's eighth-largest. Updated Nov 25, 2024, 6:06 p.m. UTC Published Nov 25, 2024, 5:58 p.m. UTC Avalanche, the eighth-largest blockchain by total value locked (TVL), is moving ahead with a major technical makeover. The Avalanche9000 upgrade went live in a test network environment (testnet) Monday, bringing the changes one step closer to the main network (mainnet), the Avalanche Foundation said. Avalanche9000 will be the largest upgrade that Avalanche has seen. It is designed to cut the costs of...

75% of Memecoins Born This Year, But 97% Are Gone: Binance Research

You are here: Home / News / 75% of Memecoins Born This Year, But 97% Are Gone: Binance Research Key Takeaways: Over 75% of memecoins were launched in the past year, yet 97% have already failed, per Binance Research. Memecoins are driven by fairness, transparency, and accessibility, but exploitation by “pump-and-dump” groups raises concerns. Sustainable success for meme coins may depend on maintaining distinct narratives and genuine community value. Binance Research recently unveiled an in-depth analysis on memecoins, indicating that although these tokens are designed to reflect key crypto values—such as fairness, transparency, and decentralization—the vast majority haven’t withstood the...

Bitcoin breaks $87k; here’s what this analyst says about BTC price

Shiba Inu (SHIB) surges 67% in a week, nearing its all-time high (ATH). Whale trading, token burning, and growing interest drive SHIB’s bullish momentum. Vantard Meme Index Fund ($VTARD) offers exposure to top meme coins with minimal risk. As the crypto market surges on Donald Trump’s reelection, Shiba Inu (SHIB) is quickly soaring towards its all-time high (ATH), fueled by significant whale activity and growing investor confidence. At the same time, a new player in the meme coin space, the native token of a revolutionary Meme Index Fund (VMP), is generating buzz, with its promise of capturing the explosive returns...

SEBI proposes revised settlement rules for inactive trading accounts

Home Market News SEBI proposes revised settlement rules for inactive trading accounts In a consultation paper, SEBI proposed that instead of daily monitoring, funds of clients inactive for 30 calendar days should be settled during the monthly running account settlement cycle. By Sheersh Kapoor December 5, 2024, 5:32:50 PM IST (Published) The Securities and Exchange Board of India (SEBI) has proposed a revised settlement framework for inactive trading accounts, aimed at enhancing operational efficiency while safeguarding investors’ interests. Currently, stock brokers must return funds to clients who have not traded in the last 30 days within three working days. This...

The 5 Best Altcoins To Buy Now Before the Bull Run (July 2024 Updated)

There are numerous cryptos in the trading universe, each offering innovative solutions to real-world problems and tackling issues associated with traditional blockchains. Investors are searching for opportunities that provide massive financial gains with unique project technology with practical applications worldwide. In this dynamic landscape, 5thScape emerges as a standout contender, showcasing a radical VR ecosystem that goes beyond traditional blockchain offerings. Contrasting with established altcoins, 5thScape’s dynamic features, including its immersive VR experience and unique utility token, 5SCAPE, position it as the clear winner in the decentralized virtual reality sphere. This article presents the five best altcoins to buy now...

Palo Alto Networks breach: Blockchain key to cybersecurity resilience

Homepage > News > Tech > Palo Alto Networks breach: Blockchain key to cybersecurity resilience In late November, reports broke that Palo Alto Networks (NASDAQ: PANW), one of the world’s leading cybersecurity firms, had been hacked. The Silicon Valley security firm serves over 70,000 customers worldwide and specializes in advanced firewalls and cloud-based security solutions. Within days of the reports, it released a statement confirming that its Next Generation Firewalls (NGFWs) had been targeted in cyberattacks exploiting two zero-day vulnerabilities. After exploiting these vulnerabilities to bypass authentication and execute commands with root privileges, the attackers deployed malware and digital currency...