Cake DeFi Prospers in Troubling Periods

With the chaos in the cryptocurrency market this year, it’s a surprise that a certain coin is still able to make money while others like bitcoin and Luna are making considerable losses and finding it hard to get out of the situation in which they find themselves. Considering this is just the first Quartile, the […]

Binance Pursues Legal Action Against Fraudulent Billboard Advertisements in Turkey

Fraudulent individuals are making use of the attention digital currencies are receiving in Turkey. These individuals have devised a way to make use of the largest crypto company to its advantage.  How The Scam Works  The scammers have placed multiple billboards displaying Binance-related ads, hoping to gain from the recent popularity the business has achieved […]

Binance Faces Fresh Hurdles in Their Expansion to Spain

Binance’s expansion plans have met new challenges after Spain’s regulators asked the exchange to reduce its derivatives offerings. On Friday, the National Securities Market Commission told the globe’s largest trading platform to limit its derivatives services in the nation. Derivative trading is the speculation of the potential value of an underlying asset through the selling […]

Bitmex Founders Ordered to Pay $30M For Illegally Operating a Crypto Derivative Trading Platform and Anti-Money Laundering Violations

The founders of Bitmex were fined $30M for unlawfully running a BTC derivatives trading platform and anti-money laundering offenses, according to the court. Arthur Hayes, Samuel Reed, and Benjamin Delo all have to pay $10M. The Founders of Bitmex Have Been Fined $30M For running an unlawful bitcoin derivative trading platform and anti-money laundering offenses, […]

Shanghai Taps Blockchain Technology to Preserve and Protect COVID Events

Shanghai, the largest and most populous metropolis in China (including more than 25M inhabitants), has harnessed the power of blockchain technology to record and secure the occurrences of the COVID-19 lockdown. Many videos, images, and music files are saved as NFTs that may be traded with cryptos on NFT markets, bypassing censorship. Because NFTs operate […]

UK-Based App, Mode Reintroduces Bitcoin Affiliate Program With 12% Cashback

Mode application relaunched its affiliate program, allowing customers to earn 12% rewards in Bitcoin on qualified online transactions via the company’s app. Existing customers were limited to 5% cashback when it was newly introduced, while new users were given a one-time 10% cashback incentive. Furthermore, the company’s Bitcoin rewards program has been revamped with a […]