Binance Labs Launches $500 Million Web3, Blockchain Fund

Post Views: 497 Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their use cases using…

Biggest Movers: WAVES up Over 120% in the Last Week, XLM Moves Towards 3-Week High

Post Views: 317 WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday. While crypto markets have been either falling or consolidating over the past week,…

Apecoin Community Votes on Keeping APE Token in the Ethereum Ecosystem

Post Views: 316 The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal’s voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project’s native token APE has lost 57% against the U.S….

El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold

Post Views: 284 Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not feasible to issue the volcano bonds yet, which are to finance the construction…

LABEL Foundation Integrates With Binance Custody to Offer Cold Storage Support for $LBL Token

Post Views: 275 A budding relationship Also, in terms of insurance, Binance Custody obtained insurance from Arch Syndicate 2012 at Lloyd’s of London, which was mediated by Lockton’s Emerging Asset Protection (LEAP), the world’s largest independent insurance broker, to further enhance investor protection. Insurance is one of the most important factors when it comes to…

Bitcoin, Ethereum Technical Analysis: BTC Gains Prior to NFP Report, Following a Cross of Moving Averages

Post Views: 302 Bitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report. Whilst BTC was back in the green, ETH continued to trade lower, and as of writing is below $1,800. Following a drop in price on Thursday, BTC was back in the green on…

Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters

Post Views: 335 The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters. A lawyer representing victims of the Onecoin bitcoin…

South Africa Charges Former Monero Lead Developer With 378 Counts of Fraud and Forgery

Post Views: 352 Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he was still employed by Cape Cookies. As per court documents filed in May 2022, the former developer is now…

NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable

Post Views: 298 New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached record lows” last month. New York Attorney General Letitia James issued a warning about investing in cryptocurrencies Thursday. The official Twitter account…

Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges

Post Views: 311 Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious activity, which could ostensibly lead to penalties of $15,000 for…