A source that works with law enforcement on these matters said that the relationship between Binance and the DEA is “pretty tight.” DEA officials and Binance staff regularly meet to share intelligence, which is used to calibrate Binance’s anti-money laundering policies and assist DEA operations, the individual said. Source
Binance Australia Derivatives sent an abrupt message to a select group of users on Feb. 23, saying it would be immediately closing their accounts due to a false classification of some users as “wholesale clients.” This incident caused a flurry of responses from users on social media, and the next day, the Australian Securities and Investments Commission (ASIC) announced it would be conducting a “targeted review” of Binance’s local derivatives operations. According to a statement from a spokesperson of the regulator on Feb. 24, the review of Binance Australia Derivatives…
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Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Tezos validation services through its platform, allowing easier deployment for customers worldwide. Google Cloud Partners With Tezos Google Cloud announced a partnership with Tezos, a decentralized Web3 company, that aims to make it easier for Google customers to build and maintain services on top of the Tezos blockchain. The company will become a…
Bitcoin (BTC) stands at the start of a “new regime” after its early 2023 price gains, and next year will prove pivotal. That is the opinion of Charles Edwards, founder of quantitative Bitcoin and digital asset fund, Capriole Investments. As investment behavior around Bitcoin recovers in line with network fundamentals and price action, Edwards, perhaps like many other institutional professionals, is gearing up for an explosive period of growth. The jury may still be out on whether the bottom is in for BTC price, but for long-term investors, the time to…
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Australian markets regulator is conducting a targeted review of Binance Australia’s local derivatives services a day after Binance said it had incorrectly tagged 500 Australian users as “wholesale investors,” resulting in their derivative positions being unceremoniously closed. Source
Meanwhile, Metalpha and Litecoin Foundation added they will work with universities and research institutions to further sustainable blockchain innovation, support public education around the Litecoin network, and improve network awareness, adoption, and scalability. Source
According to Wednesday’s filing, there are hundreds of NFTs subject to the sale, including NFTs from the Bored Ape Kennel Club, Autoglyphs, Chromie Squiggles, CryptoPunks, Fidenza, Nimbuds and Ringers collections. Estimates for just a portion of the NFTs listed by Teneo based on current floor prices are around $9.8 million at the time of writing. Source
As of Friday, Coinbase has explicitly stated it has no plans to launch a token for its new blockchain. Source