Browsing yearly archive

2024

Binance Implements Mandatory Identity Verification (KYC) Requirements

Binance has implemented KYC requirements for all sub-accounts created under its Link Program, with non-compliant sub-accounts facing restrictions and eventual account suspension. Binance has informed its users that all sub-accounts created under the Binance Link Program must comply with enhanced compliance standards. This includes non-trading sub-accounts created solely for asset deposit purposes. Starting from March […]

GSR Markets gets Major Payment Institution license from the MAS

GSR Markets secures MAS license, paving the way for OTC services in Singapore. Singapore aims to be a crypto-friendly hub with regulatory compliance. MAS recently expanded its regulations to safeguard investors amidst market turbulence. GSR Markets, a prominent crypto market maker, has obtained a Major Payment Institution license from MAS in Singapore. The license enables […]

How to Learn and Use a Pin Bar Strategy

Pin bar candlestick patterns predict price fluctuations and increase profit potential. They have four forms: Hammer, Shooting Star, Inverted Hammer, and Hanging Man. However, caution is needed in unpredictable markets. (Read More) Source link

LeverFi Launches OmniZK: A Secure Validation Protocol for Bitcoin DeFi and Omnichain Interactions

Singapore, Singapore, April 4th, 2024, Chainwire LeverFi, a leading web3 innovation team, has launched OmniZK, a secure validation protocol for Bitcoin that enables developers to create complex, interoperable DeFi applications by shifting complex logic onto EVM networks and relay verified outcomes with zkOracles. The protocol’s modular design allows non-custodial, decentralized contracts to be settled natively […]

Bitcoin Price (BTC) Tops $69K as Stocks Turn Lower

Bitcoin, which had slipped as low as $65,000 overnight, rallied throughout much of the U.S. day, at one point topping $69,000. At press time, the crypto was trading at $68,750, up 4.5% over the past 24 hours. The broader CoinDesk 20 Index was ahead 3.25% over the same period, with ether (ETH) a notable laggard, […]

Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency

Binance is under heightened scrutiny in Nigeria, with allegations of contributing to the naira’s devaluation, challenging the crypto exchange’s regulatory dialogues. The cryptocurrency exchange Binance is confronting increased regulatory pressures in Nigeria as authorities have escalated their accusations against the global digital asset platform. In a recent turn of events, Binance has been accused of […]

Paypal’s Xoom adds PYUSD as funding for cross-border money transfers

PayPal enables use of PYUSD in cross-border transfers for Xoom users Xoom users in the US can convert PYUSD into USD and send money to 160 countries. Xoom, the international money transfer platform of payments processing giant PayPal, has announced that it now supports the use of PayPal USD (PYUSD) as a funding option for […]