Day: May 27, 2023

Binance sets foot in southeast Asia, collaborates with Gulf Energy in Thailand

The world’s largest crypto exchange Binance has acquired the first license to expand its business to Southeast East through a joint venture with Gulf Energy that starts in Q4 2023. Binance in Bangkok The digital asset market in Thailand is likely to change due to the arrival of the top cryptocurrency in the world in trading volume. The Securities and Exchange Commission of Thailand on May 26 ratified the joint operations between Binance and Gulf Energy development to run a digital asset and brokerage exchange. The license is the first…

Top US Crypto Exchange Coinbase Launches Trading Support for Cosmos-Based DeFi Altcoin

boss

Coinbase customers can now trade the Cosmos (ATOM)-based decentralized finance (DeFi) altcoin Osmosis (OSMO). The top US crypto exchange added support for the altcoin under its “Experimental Label,” a designation it established for riskier, lower liquidity tokens. Osmosis is an automated market maker (AMM) protocol built on the Cosmos software development kit (SDK). It aims to enable cross-chain transactions by utilizing inter-blockchain communication (IBC). Osmosis’ native governance token, OSMO, is trading at around $0.5986 at time of writing. The 110th-ranked crypto asset by market cap is down 0.6% in the…

Ripple CTO debunks claims on XRP Ledger’s governance

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied David Schwartz, XRPL architect, and current Ripple CTO, has revealed new information on the XRP Ledger’s governance, emphasizing its decentralized nature. XRPL’s decentralization questioned A recent claim surfaced during the debate on the XRP Ledger decentralization, bringing concerns to the community. The discussion revolved around the role of the XRPL foundation (XRPLF) in validating definitions within the default Unique Node List(dUNL), a highly relied-on XRP Ledger nodes list. Schwartz has responded to these claims. He highlighted…