The report, citing anonymous sources, comes after the company’s derivatives license was canceled in April, following an investigation into how it classified clients as professional wholesale investors, as they can get fewer regulatory protections than regular retail customers. Source
Argus V2 supports all open-source DeFi protocols and lets traders utilize DeFi bots to automatically monetize farming rewards, compounding and token swapping. Source
Bitcoin (BTC) bulls face a tough task to bring BTC price action past $35,000, fresh analysis predicts. In its latest market update on July 5, trading firm QCP Capital flagged the mid-$30,000 range as a potential cooling-off point for the Bitcoin bull market. Bitcoin homes in on post-FTX rally peak With BTC price stagnating around $30,000, concerns are already mounting that the majority of its gains have already materialized. The area between $35,000 and $40,000 is now particularly popular among market participants seeking to catch a local top, and QCP…
Solana (SOL) has emerged as a prominent player in the crypto space, often hailed as the “Ethereum killer.” With its lightning-fast transaction speeds and low fees, Solana is poised to disrupt the market and attract investors seeking alternative blockchain solutions. Even so, another project, InQubeta, has caught the eye of investors with its unique value proposition and fast-selling presale. InQubeta: the AI crowdfunding ecosystem InQubeta is an AI-focused crypto project that aims to connect investors with artificial intelligence (AI) startups through a transparent funding platform. Let’s explore the features that set…
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts. Source
Binance Australia is working with local authorities on meeting compliance requirements amid reports alleging that the company’s offices were searched on July 4. “We are cooperating with local authorities and Binance is focused on meeting local regulatory standards in order to serve our users in Australia in a fully compliant manner,” a spokesperson for Binance Australia told Cointelegraph. The Australian Securities and Investments Commission (ASIC) conducted searches at Binance Australia locations on Tuesday, Bloomberg reported. The investigation was part of an ongoing probe of Binance’s now-defunct Australian derivatives business, the…
The 90-day rolling correlation between bitcoin and Nasdaq, S&P 500 is now at the lowest level observed since July 2021, according to data tracked by crypto derivatives analytics firm Block Scholes. Original
Twitter’s new rate limits severely affect the indexing and display of tweets on Google’s search engine, limiting the reach of the information shared on the microblogging site. According to web search industry outlet Search Engine Land, Google Search has dropped more than half of the indexed URLs from Twitter over the past few days. On July 3, it noted the number of tweets indexed by Google dropped by more than 60% from 471 million to 180 million. On July 4, The Verge shared a statement from a Google spokesperson who said,…
Lurking in the shadiest corners of the dark web is a “well-established” ecosystem of hackers that target cryptocurrency users with poor “security hygiene,” according to Binance’s chief security officer. Speaking to Cointelegraph, Binance CSO Jimmy Su said in recent years, hackers have shifted their gaze toward crypto end-users. Su noted when Binance first opened in July 2017, the team saw plenty of hacking attempts on its internal network. However, as crypto exchanges continued to beef up their security, the focus has shifted. Phishing scams are particularly prevalent in emails. They…
Meta is planning to launch its new Twitter rival, Threads, on July 6, only days after Twitter’s “rate limit” debacle which has temporarily capped how many posts users can read per day. The platform, which is heavily tied to the photo and video-sharing social network Instagram, is expected to be released on Thursday according to a Meta-launched countdown site. Threads has also appeared for pre-order on Apple’s App Store bearing an expected date of July 6. Screenshot of Threads’ listing on the App Store. Source: Apple Despite an arguably well-timed…