Jerome Powell, the soon-to-be-replaced head of the Federal Reserve, announced the last rate cut for 2024. However, the bullish news comes with a special comment from Powell, turning the crypto and global stock markets red. Here’s why.
Binance.US has recently bolstered its compliance framework to address regulatory criticisms. The company has hired hundreds of former law enforcement and regulatory professionals.
Built using Optimism’s OP Stack, Ink places Kraken at the cutting edge of modular blockchain technology, enabling users to access customizable and efficient DeFi solutions.
BlackRock’s iShares Short Maturity Municipal Bond Active ETF (MEAR) has made a $6.5 million investment in Quincy, Massachusetts municipal bonds through JPMorgan’s blockchain platform, signaling growing institutional adoption of blockchain in traditional finance.
Solana-based DEX Jupiter introduces JupiterZ, featuring innovative gasless swaps and zero-slippage trading through an RFQ system, while simultaneously launching a dApp Browser for its mobile Android users.
Chainalysis has acquired Hexagate for an undisclosed sum, setting a pace for more onchain security advances.
The $20 million investment will fuel Plume’s expansion into traditional finance and the rollout of its Layer-1 mainnet next year.
Payment company ZBD has achieved a significant milestone by becoming the first to receive MiCAR approval from the Dutch AFM, positioning itself as a pioneer in regulated crypto services across the European Union.
Sonic Labs has unveiled its mainnet, a high-throughput Layer 1 blockchain that allows Fantom (FTM) token holders to swap for S tokens while offering developers significant incentives through transaction fee sharing and an innovator fund.
SatLayer, a Bitcoin restaking platform, announces strategic partnership with Sui blockchain to expand Bitcoin’s utility in DeFi, aiming to merge Bitcoin’s security features with Sui’s rapid transaction processing capabilities.
Hong Kong’s Securities and Futures Commission has licensed four additional virtual asset trading platforms under an expedited process, marking a significant expansion of the region’s regulated cryptocurrency market while maintaining strict oversight requirements.
The launch of Zilliqa 2.0 is a delicate process that involves transitioning all the historical data from the old Zilliqa to enhance the mainstream adoption of Web3 applications.
Polygon will not set up a stablecoin-based yield generation outfit on Aave.
Binance attributed the delisting decision to its stringent asset evaluation process, which aims to ensure compliance with industry standards.
Binance said that only projects demonstrating strong community interest and aligns with current crypto trends were selected for Binance Alpha.