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 […]

China Donates Free Digital Yuan To Residents As CBDC Testing Continues

Approximately $2.29M worth of digital Yuan will be distributed to citizens of Shenzhen as China continues its CBDC testing program. The Chinese government would provide 15M Yuan in digital currency to 130,000 people. Lottery System For The CBDC Giveaway  In addition, there will be no purchase requirement for this CBDC, making it applicable at over […]

21Shares Prepared to Launch New ETP for Tracking BTC and Gold

Investing firm, 21Shares, is preparing to establish an ETP that will monitor both BTC and Gold prices. ETPs will start to trade on the SIX Swiss Exchange as soon as this week is over. Digital asset management Bytree and cryptocurrency exchange 21Shares have collaborated on an ETP named the BOLD ETP. BTC and Gold are […]