Binance US Infrastructure Access Denied by SEC

A federal judge has denied the U.S. SEC’s request to inspect the technological infrastructure of Binance US, which has implications for cryptocurrency regulation. Key Points In a notable development, a federal judge has denied the SEC’s request to inspect the technological infrastructure of Binance US. This decision hampers the agency’s efforts to ensure compliance with existing securities laws by cryptocurrency …

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Are Oil and Gas Commodities?

When delving into the intricate world of financial markets, one often encounters the term “commodities.” These are the raw materials and primary agricultural products that fuel economies and shape industries. But do oil and gas fall under the umbrella of commodities? In this exploration, we’ll unravel the nature of oil and gas as commodities, dissect the dynamics of the commodity …

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New Liquid Staking Module and Dashboard Features Added by Cosmos Hub

Cosmos (ATOM) Hub’s v12 upgrade introduces Liquid Staking Module, allowing ATOM token holders to skip the 21-day unbonding period, enhancing the DeFi ecosystem. Key Points Cosmos (ATOM) Hub, an integral blockchain within the Cosmos Network, has announced the successful completion of its v12 upgrade. This upgrade introduces the Liquid Staking Module (LSM), allowing ATOM token holders to bypass the previously …

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Hong Kong Regulator to Escalate Action Against Unregistered Crypto Platforms Amid JPEX Scandal

Hong Kong’s SFC is cracking down on unregistered crypto platforms post-JPEX scandal, listing licensed and suspicious platforms, enhancing regulatory enforcement. Highlights: In response to the ongoing scandal surrounding the JPEX crypto exchange, the Securities and Futures Commission (SFC) of Hong Kong is firming up its stance against unregulated cryptocurrency trading platforms operating within its jurisdiction. JUST IN: Hong Kong to …

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New Ways of Experiencing Travel with Volaris NFTs

Volaris, the renowned Mexican ultra-low-cost airline, is making headlines as it enters the NFT market. This move not only introduces digital collectibles but also offers tangible travel benefits. The NFT collection includes 10 unique designs that showcase different cities, such as Cancun, Bogota, and Tijuana. What sets these NFTs apart is the real-world utility they offer – each NFT comes …

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Misconfiguration Causes Failure of Ethereum’s Holesky Testnet Launch

The launch of Ethereum’s Holesky testnet, intended to be the largest ever, was delayed due to a parameter mismatch, highlighting the importance of robust testing for scalability improvements. Key Points The Ethereum community had been buzzing with anticipation over the launch of the Holesky testnet, planned to be the largest test network ever on the Ethereum blockchain. The launch was …

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Solana’s NFT Marketplace Outperforms the Entire Ethereum NFT Industry

Solana’s top NFT platform is approaching the daily trader volume of all Ethereum-based NFT platforms combined, benefiting from its fast blockchain speed and low transaction fees. Key Points Solana’s leading NFT marketplace is making waves in the crypto world, boasting nearly as many daily traders as all Ethereum-based NFT platforms combined. This impressive feat is a testament to the unique …

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John Deaton Provides Latest Update on Ripple Lawsuit, Discusses SEC Appeal and Settlement Details

Ripple Lawsuit: Lawyer Emphasizes Qualified Immunity Challenge and Predicts Appeals Timeline Prominent attorney John Deaton, who has been deeply involved in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), recently spoke at the first annual onXDC Live blockchain industry conference in Texas. During his speech, Deaton shed light on a critical legal aspect that raises …

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53% Decline in Profit for Ethereum (ETH) Addresses

Glassnode analysis reveals that Ethereum addresses in profit have declined to 53.5% due to Ether’s recent 13% price drop, with potential for profit fluctuations pending significant market events. Key Points A recent analysis by blockchain intelligence platform Glassnode reveals that the percentage of Ethereum addresses currently in profit has decreased to approximately 53.5%. This decrease is primarily attributed to the …

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OKX Wallet Partners with Oxalus to Enter NFT Space

Binance issues a warning against emotional trading in cryptocurrency markets, urging traders to read their article on “Trading Psychology” for guidance on emotional discipline. Key Points In a span of just one week, OKX Wallet has announced a series of integrations that diversify its offerings and solidify its position in the blockchain and cryptocurrency landscape. As of September 3, 2023, …

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