Binance vs. U.S. Authorities: Binance Investigated for Inside Trading and Market Manipulation
As much as Binance—the world’s biggest cryptocurrency exchange—is growing, there is an intensifying investigation from the U.S. authorities to ensure that Binance doesn’t violate the nation’s regulatory laws. As a result, the Commodity Futures Trading Commission is investigating Binance for insider trading and market manipulation. Binance vs. U.S. Authorities Recently, the U.S. authorities launched another […]
What is XRP?
Before we delve into the world of XRP and its applications, it is worth understanding the background behind the cryptocurrency. To begin with, XRP was developed in 2011 by Ripple Labs, a company that focuses on establishing secure payment methods over its blockchain through an open network called “Ripple”. The Ripple network consists of three […]
What is Dogecoin (DOGE)?
Dogecoin is a peer-to-peer digital currency that has no central authority and uses cryptography to regulate the generation of units of currency and verify the transfer of funds. It was created by two software engineers, Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia; they aimed to provide a digital coin that can reach a broader […]
What is USD Coin (USDC)?
Publicly announced on the 15th of May 2018, USD Coin is a digital stablecoin linked to the United States dollar bill. It is an open-source, smart contract-based token created by an association of people called CENTRE. It has versatile interoperability and can operate on 4 different blockchain networks, ranging from Ethereum, Solana, Aglorand, and Stellar. […]
What is Cardano (ADA)?
Cardano is an open-source, decentralized and public blockchain platform founded back in the year 2017. It can allow peer-to-peer transactions and other financial activities through its internal cryptocurrency coin called ADA. Unlike bitcoin and other altcoins that operate on a Proof of Work (PoW) consensus, ADA operates on an entirely different consensus, called Proof of […]
US Treasury sanctions Suex exchange for facilitating ransomware attacks
The US Treasury Department’s Office of Foreign Assets Control (OFAC) is planning to sanction Suex, a crypto exchange that lets users buy and sell cryptos using regular credit cards. Per the agency, the exchange has been helping ransomware attackers launder their loot. A report unveiled this news on September 21, noting that this would be […]
