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Binance.US Announces Partnership with MoonPay Payment Service
Binance.US, a cryptocurrency exchange operating in the United States, has entered into a partnership with MoonPay, a payment service provider, to offer an alternative option for depositing USDT (Tether) stablecoin. Through this partnership, users can purchase USDT using debit or credit cards, Apple Pay, or Google Pay. The purchased USDT can then be used to trade for other cryptocurrencies or fiat currencies. The minimum order amount through MoonPay is $30, and there is a 3.49% commission when...
Binance.US Announces Partnership with MoonPay Payment Service
Binance.US, a cryptocurrency exchange operating in the United States, has entered into a partnership with MoonPay, a payment service provider, to offer an alternative option for depositing USDT (Tether) stablecoin. Through this partnership, users can purchase USDT using debit or credit cards, Apple Pay, or Google Pay. The purchased USDT can then be used to trade for other cryptocurrencies or fiat currencies. The minimum order amount through MoonPay is $30, and there is a 3.49% commission when...
Bitcoin industry lost $303 million in July due to hackers
July was a challenging month for the cryptocurrency industry, with traders and investors facing significant losses due to exploits and hacker attacks. According to reports, the total amount lost to such incidents during July amounted to a staggering $303 million in digital assets. The cryptocurrency market is known for its inherent security risks, and hackers have been targeting exchanges, wallets, and other platforms to exploit vulnerabilities and steal users' funds. These attacks can t...
Bitcoin industry lost $303 million in July due to hackers
July was a challenging month for the cryptocurrency industry, with traders and investors facing significant losses due to exploits and hacker attacks. According to reports, the total amount lost to such incidents during July amounted to a staggering $303 million in digital assets. The cryptocurrency market is known for its inherent security risks, and hackers have been targeting exchanges, wallets, and other platforms to exploit vulnerabilities and steal users' funds. These attacks can t...
Ex-SEC employee called the court verdict in the case against Ripple “shaky”
The recent court verdict in the SEC v. Ripple case, which favored Ripple, the California-based blockchain company, has been met with scrutiny by legal experts. John Reed Stark, a former lawyer from the US Securities and Exchange Commission (SEC), has voiced his concerns over the ruling, stating that it raises "problems on several fronts." The case, which has been ongoing since 2020, involved allegations by the SEC that Ripple's XRP token was an unregistered security and that the company ...
Ex-SEC employee called the court verdict in the case against Ripple “shaky”
The recent court verdict in the SEC v. Ripple case, which favored Ripple, the California-based blockchain company, has been met with scrutiny by legal experts. John Reed Stark, a former lawyer from the US Securities and Exchange Commission (SEC), has voiced his concerns over the ruling, stating that it raises "problems on several fronts." The case, which has been ongoing since 2020, involved allegations by the SEC that Ripple's XRP token was an unregistered security and that the company ...
UK approves Financial Markets Act
The Financial Services and Markets Act, a significant piece of legislation impacting the regulation of the cryptocurrency sector in the UK, has received final approval. This development comes following the adoption of a comprehensive document that outlines the post-Brexit supervision of the financial industry. The approval of the Financial Services and Markets Act grants regulators the authority to establish a framework for overseeing the digital asset sector. This aligns with the vision of P...
UK approves Financial Markets Act
The Financial Services and Markets Act, a significant piece of legislation impacting the regulation of the cryptocurrency sector in the UK, has received final approval. This development comes following the adoption of a comprehensive document that outlines the post-Brexit supervision of the financial industry. The approval of the Financial Services and Markets Act grants regulators the authority to establish a framework for overseeing the digital asset sector. This aligns with the vision of P...
Binance Calls Nigerian Exchange Fraudulent
In a recent development, Binance, one of the world's leading cryptocurrency exchanges, has clarified that Binance Nigeria Limited is not affiliated with its platform. Binance has taken action by sending a request to the so-called "fraudulent" organization to cease its operations. This response comes in light of the Nigerian Securities and Exchange Commission (SEC) indicating that the local "branch" has been engaged in illegal activities. The Nigerian SEC has been actively monitoring and ...
Binance Calls Nigerian Exchange Fraudulent
In a recent development, Binance, one of the world's leading cryptocurrency exchanges, has clarified that Binance Nigeria Limited is not affiliated with its platform. Binance has taken action by sending a request to the so-called "fraudulent" organization to cease its operations. This response comes in light of the Nigerian Securities and Exchange Commission (SEC) indicating that the local "branch" has been engaged in illegal activities. The Nigerian SEC has been actively monitoring and ...
