Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce

Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce

Binance.US released a statement stating that their current actions will give the company a financial runway of more than seven years, allowing them to continue operating as a cryptocurrency-only exchange. The company expressed frustration with the SEC’s efforts to hinder the crypto industry and highlighted the negative impact on American jobs and innovation. Binance.US sees … Read more

People are slowly asking the right questions

People are slowly asking the right questions

This content is a post on a Facebook community page discussing whether banks should ask customers their reason for withdrawing money. The arguments were split, with some supporting the measure due to concerns about scammers and kidnappings, while others were outraged that a bank would even consider asking such a question. The poster mentions living … Read more

Binance’s exec exodus, Nasdaq to trade AI orders, and more

Binance’s exec exodus, Nasdaq to trade AI orders, and more

Binance has seen the departure of 10 key executives in the first nine months of 2023 amid growing regulatory troubles. The latest executives to resign include the executive vice president and the vice president of Eastern Europe, Turkey, and other regions. The departures come after the US Department of Justice investigation into Binance. Meanwhile, the … Read more

U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

Judge Torres ruled in July that Ripple violated federal securities law in its sale of XRP to institutional investors, but not to retail investors. However, Judge Jed Rakoff disagreed with this ruling in a separate case brought by the SEC. The SEC referenced this disagreement in its first memo and recent filing in an effort … Read more

Bitcoin Could Decline Further Before A Rebound, Here’s Why

Bitcoin Could Decline Further Before A Rebound, Here’s Why

Bitcoin’s on-chain metric, the Spent Output Profit Ratio (SOPR), suggests that there may be more downside for the cryptocurrency before a rebound occurs. Currently, short-term holders (STH) are selling their coins at a loss, indicating that loss-taking is dominant in the market. The 30-day moving average (MA) Bitcoin SOPR has recently dipped below the support … Read more

Whale Alert sparks speculation as XRP transfers surge

Whale Alert sparks speculation as XRP transfers surge

XRP transfers surge Whale Alert, a crypto tracking platform, has discovered a large purchase of Ripple’s XRP token, worth $33 million. The transaction involved the transfer of 66,666,659 XRP from Binance to an undisclosed wallet, sparking speculation about its potential impact on the token’s price. This comes amidst a legal battle between Ripple and the … Read more

4 Essential Tips and Techniques for Bitcoin Mining Success

4 Essential Tips and Techniques for Bitcoin Mining Success

The Art of Bitcoin Mining: Essential Tips and Techniques for Success Introduction   Bitcoin mining has become a highly lucrative and competitive industry. It involves the process of validating transactions and adding them to the blockchain, thereby securing the network and earning rewards in the form of newly minted bitcoins. To succeed in this field, … Read more

BitBoy Crypto’s Ben Armstrong Confirms Departure Amid Speculation and Controversy

BitBoy Crypto’s Ben Armstrong Confirms Departure Amid Speculation and Controversy

Ben Armstrong, known as BitBoy Crypto, has confirmed his departure from Hit Network/BJ Investment Holdings, including BitBoy Crypto and subsidiary brands. While Armstrong expressed confidence in his position earlier, his departure has sparked speculation about the reasons behind it. Crypto scam investigator ZachXBT raised concerns about Armstrong’s involvement with questionable meme coins and potential connections … Read more

A Beginner’s Guide to Bitcoin Mining

A Beginner’s Guide to Bitcoin Mining

A Beginner’s Guide to Bitcoin Mining In recent years, the world of cryptocurrency has gained significant attention and popularity, thanks to its decentralized nature and potential for enormous profits. One of the most intriguing aspects of cryptocurrency is the process of mining, which helps secure and maintain the blockchain network. If you’re new to the … Read more