Binance Burns $1.6B in BNB
BNB Foundation completed its 33rd quarterly token burn, destroying over 1.4 million BNB worth $1.6 billion, reducing supply and increasing scarcity. #Update #Crypto $BNB
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Kraken Surges 114% YoY: Top Altcoins
Kraken reports a 114% YoY revenue surge, driven by strategic acquisitions and xStocks innovation, challenging Coinbase and Binance. #Update #Crypto
XRP Declared Property in WazirX Hack Case
In a landmark ruling, the Madras High Court declared $XRP and cryptocurrencies as property under Indian law, affirming jurisdiction in a WazirX hack case where user accounts were frozen. #Update #Crypto $XRP
Binance Spends $860K for CZ’s Pardon
@Binance spent $860,000 lobbying for a pardon for founder Changpeng Zhao (CZ), facing US legal challenges over banking law violations. Political reactions vary, with mixed support for CZ’s defense. #Update #Crypto $BNB
Binance Pardon Shocks, Tempo Raises $500M
Surprise pardon for Binance founder boosts $BNB 6%, while Stripe-backed Tempo raises $500M. Gold sees biggest crash since 2013. #Update #Crypto $BNB
Binance Founder Zhao Pardoned by Trump
President Trump pardoned Binance founder Changpeng Zhao after a money laundering conviction; discussions about his leadership return are ongoing. #Breaking #Crypto $BNB
Coinbase Transactions Surge Over 10000% in a Month
Coinbase’s x402 protocol sees a 10,780% rise in transactions with nearly 500,000 activities recorded from Oct. 14-20, as it enables seamless AI and human payments via stablecoins. #Update #Crypto $USDC
Binance Faces Market Crash as BNB Surges
October has seen $BNB reach new all-time highs amid a memecoin surge, while Bitcoin struggles; Binance faces scrutiny over a price oracle glitch linked to the recent market crash. #Update #Crypto $BNB
Binance Stablecoin Outflow Surges Impact Market
Binance sees a steady rise in Stablecoin outflows, potentially impacting market liquidity and investor sentiment. #Update #Crypto @Binance
Crypto.com Launches U.S. Banking License Bid
@Crypto.com has applied for a banking license with the U.S. Office of the Comptroller of the Currency to enhance custody services for institutional clients, aiming for federal-level offerings across blockchain protocols. #Update #Crypto $CRO
Binance Coin Joins Kyrgyzstan’s Crypto Reserve
Kyrgyzstan adds $BNB to its National Cryptocurrency Reserves, launches a National Stablecoin and CBDC on the BNB Chain, enhancing digital finance trust and education initiatives. #Update #Crypto $BNB
Crypto.com Pursues US Banking License
Crypto.com files for a national trust bank charter in the US, aiming to offer nationwide trust and custody services under federal regulation, joining Coinbase and Ripple in similar efforts. #Update #Legal $CRO
Aster DEX Allocates 80 Percent for Buybacks
Aster DEX will allocate up to 80% of Stage 3 fees for $ASTER token buybacks, focusing on advanced scoring and trading incentives. #Update #DEX
Crypto.com Launches OCC Trust Bank Charter
@Crypto.com has applied for a national trust bank charter with the OCC to enhance its institutional crypto-custody services, focusing on custody and staking for large clients. #Update #Crypto $CRO