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Binance Delists Three Tokens, Crypto Assets Experience a Drop in Value
On Monday, February 20th, the world's largest crypto exchange made an announcement regarding the delisting of three tokens from its platform - Anchor Protocol (ANC), Mirror Protocol (MIR), and Aion (AION). The news caused a rapid decline in the value of these cryptocurrencies. Binance stated that th ...
Undeads Metaverse proposes a new approach to onboard traditional gamers to Web3
The Undeads metaverse team has unveiled a new method to introduce traditional gamers to the Web3 ecosystem, enabling them to start playing a P2E game without relying on cryptocurrencies or NFTs. Community-driven game development has surged in popularity with the integration of the blockchain indu ...
US Regulators Target Paxos Over BUSD Stablecoin: Will Other Stablecoin Issuers Be Next?
The US SEC and a financial regulator in New York have launched investigations against Paxos, the operator of BUSD stablecoin which is owned by Binance exchange. It is unclear whether the attack is solely directed towards Binance or whether other stablecoin issuers could be targeted next. Recently, t ...
GQ to Launch Its First NFT Collection with Digital Artworks
GQ, the renowned men's fashion magazine, is set to debut its first-ever collection of non-fungible tokens (NFTs), offering NFT holders an opportunity to engage in exclusive US edition events at discounted rates. The collection, designed by artists C ...
Concerns Over Binance USD (BUSD) Stablecoin: Dogecoin Foundation Board Member Speaks Out
A member of the Dogecoin Foundation's board, known on Twitter as Mishaboar, has expressed concerns over the recent conflict surrounding Paxos and Binance USD (BUSD) stablecoin. Mishaboar stated that Binance CEO Changpeng Zhao attempted to downplay BUSD's significance in the exchange's ecosystem, des ...
Former NBA Player Fined $1.4 Million for Mishandling EMAX Tokens on Social Media
Paul Pierce, a former NBA player, has pleaded guilty and agreed to pay a hefty fine of $1.4 million for allegedly mishandling EMAX tokens on social media, according to the US Securities and Exchange Commission (SEC). The SEC accused Pierce of promoting EthereumMax (EMAX) tokens on Twitter without ...
Stablecoin Market Update: USDT Regains Majority Share
According to data from CoinGecko, the stablecoin market saw a shift in dominance as the largest stablecoin by capitalization, USDT, gained a majority share of 51.31%, for the first time since May 2022. USD Coin (USDC) came in second with 30.64% of the market, while Binance USD (BUSD) accounted for 1 ...
Keanu Reeves Talks About Cryptocurrencies, NFTs, and Metaverses
Canadian actor and Hollywood icon Keanu Reeves has recently shared his admiration for some of the most groundbreaking innovations of our time, including cryptocurrencies, non-fungible tokens (NFTs), and metaverses. While promoting his latest film Jo ...
USDC Circle Denies SEC Enforcement Action Rumors
USDC Circle, the stablecoin issuer, has denied the claims made by a Fox Business journalist that it had received an official warning from the US Securities and Exchange Commission (SEC) regarding possible enforcement action against it. The journalist had alleged that the SEC was cracking down on ...
PayPal denies support for SHIB token after confusion caused by tweet
Reports circulating on social networks claiming that PayPal is set to add support for the SHIB meme token have been denied by the company's customer support service. The rumors started when Shiba Inu, a cryptocurrency influencer who goes by the pseudonym AdRock on Twitter, asked a PayPal account ...