Binance moves to dissociate self from WazirX over recent allegations

Binance founder Changpeng Zhao has denied that the exchange owns any equity in Zanmai Labs, the company behind the Indian crypto exchange WazirX. Quick thread on Binance and WazirX, and some incorrect... Read more »

Flow Soars Over 50% on Meta NFT Support News

Key Takeaways FLOW is up over 50% today. The rally comes after Meta announced it would expand its Instagram NFT feature to support Flow NFTs. The NFT market has been hard hit... Read more »

Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate

Bitcoin (BTC) saw fresh rejection at $23,500 resistance on Aug. 5 as United States equities failed to embrace surprisingly strong payroll data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Collapsing real wages”... Read more »

UK Parliamentary Group Seeks Views of Crypto Industry Players

A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to... Read more »

Coinbase facing class-action lawsuit amidst SEC investigation

Coinbase is faced with more legal battles as two law firms have filed a lawsuit against the company amidst an ongoing investigation by the SEC. On August 4, two New York-based law... Read more »

2 metrics signal the $1.1T crypto market cap resistance will hold

Cryptocurrencies have failed to break the $1.1 trillion market capitalization resistance, which has been holding strong for the past 54 days. The two leading coins held back the market as Bitcoin (BTC)... Read more »

Ethereum Users Flock to Optimism for Aave Liquidity Mining Launch

Key Takeaways OP token liquidity mining is now active on the Optimism version of Aave. Since the update went live, deposits to Aave on Optimism have increased 493%. The liquidity mining program... Read more »

Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices

The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices... Read more »

Antminer S19 XP dropped in a bid to swing crypto miners back into profit

With the Bitcoin (BTC) price moving at a very steady pace during the crypto winter, the return on investment (ROI) on a new mining device seems like a shot in the dark.... Read more »

India freezes 64.67 crore ($8.1M) of WazirX’s funds for money laundering probe

India’s Enforcement Directorate (ED) has ordered the freeze of a WazirX bank account with Rs 64.67 crore (roughly $8.1 million) in connection with a money laundering investigation, IndiaToday reported Aug. 5. India... Read more »