Binance has announced the appointment of Eleanor Hughes as its new general counsel, effective immediately. Hughes, who initially joined Binance in November 2021, previously served as the head of legal for the APAC and MENA regions. During her time in these roles, Hughes played a crucial part in obtaining operational licenses for the exchange in
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Cardano (ADA) has experienced a significant surge in price over the past 24 hours as traders analyze the implications of Ripple’s recent legal victory on the broader cryptocurrency market. On July 14, ADA price rose by 6% to reach $0.379, its highest level in over a month. However, some of these gains were later reduced
According to a recent report by blockchain intelligence firm Chainalysis, crypto scammers have had a disappointing year so far in 2023. The report reveals that inflows to “known illicit entities” have dropped by 65% compared to the same period last year. Additionally, inflows to “risky” entities have decreased by 42%, while inflows to “legitimate services”
The BNB Beacon Chain, part of the Binance blockchain ecosystem, is set to experience a planned hard fork upgrade on July 19th at 6:00 UTC. This upgrade, known as “ZhangHeng” after a renowned Chinese scientist, will take place at block height 328,088,888, as stated in the official announcement on July 12th. A hard fork refers
Solana’s (SOL) price experienced a momentary surge to a new year-to-date high on June 14 following Ripple’s partial victory against the United States Securities Exchange and Commission (SEC). The court ruling contested XRP’s (XRP) classification as a security, leading to a 48.09% increase in the token’s value, reaching a peak of $32.40. However, the price
Bitcoin (BTC) appeared to be on track to challenge range highs on July 13 as new macroeconomic data gave a boost to risk asset bulls. The BTC price focus shifted above $30,500, according to data from Cointelegraph Markets Pro and TradingView. The United States Producer Price Index (PPI) numbers released on that day came in
The price of Conflux (CFX) has experienced a recent surge, but it seems to be stalling as it encounters resistance from its 20-day exponential moving average (EMA). On July 12, CFX saw an 11.22% increase to retest the 20-day EMA and the Fib 0.236 level at $0.2096. However, in today’s trading session, the CFX price
A representative named Eeon, claiming to speak on behalf of Binance customers, has made an attempt to enter an ongoing securities case involving the exchange company. Eeon, along with the affected customers, filed a document stating that they should be recognized as the relevant parties in this matter. They argue that the court order issued
Terra Luna Classic (LUNC) has emerged as the top-performing coin of the day, experiencing a bullish trend with a nearly 4% increase in the past 24 hours and an impressive 8% surge over the last seven days. The recent disclosure of LUNC holdings by Binance CEO, Changpeng “CZ” Zhao, has further fueled the renewed sentiment
Bitcoin’s next “halving,” an event that occurs approximately once every four years and reduces the asset’s inflation rate, is fast approaching. Expected to take place on April 26, 2024, at Block 840,000, the halving will decrease the number of Bitcoin (BTC) produced every ten minutes from 6.25 BTC to 3.125 BTC. This event is anticipated
