EDX Markets, a cryptocurrency exchange backed by industry heavyweights such as Fidelity Digital Assets, Charles Schwab, and Citadel Securities, has officially launched its operations in the United States. This announcement comes after nine months of technology development and strategic planning.…
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BNB launches Promising Layer-2 Solution
The BNB chain, a layer 1 blockchain by Binance, has recently introduced a new layer-2 network called opBNB, which is based on the Optimism OP stack. The Optimism OP stack uses optimistic rollups to scale transactions, which in theory could…
A Comprehensive Guide to Crypto-Friendly States in the U.S
SEC’s war against the Crypto companies has created a wave of uncertainty in the US, however some of the states in the United States are still harbouring and protecting this digital revolution. With a high rate of crypto adoption per…
‘Binance Nigeria Limited’ is not Binance but a Fraudulent Entity in Disguise – Read more
Binance Disassociates from ‘Binance Nigeria Limited’: A Deep Dive into the SEC Controversy” Binance, the renowned cryptocurrency exchange, has recently made it clear that it has no ties with the entity known as ‘Binance Nigeria Limited’. This clarification comes in…
IOTA Pioneers for Seamless Web2 and Web3 Integration
In a significant move, leading tech experts and pioneers from IOTA have come together to launch BUILD.5. BUILD.5 is an enterprise-ready solution that addresses the major challenges in adopting Web3 technology by providing user-friendly blueprints and APIs. It also leverages…
Coinbase Confronts SEC Over Regulatory Ambiguity in Crypto Space: A Legal Tussle That Could Shape the Future of Digital Assets
Summary: In an escalating legal dispute with the U.S. Securities and Exchange Commission (SEC), Coinbase, a prominent cryptocurrency exchange, has expressed its frustration over the regulator’s evasive responses. The conflict arose from the SEC’s failure to provide clear answers to…
Altcoins at a Glance – Important News for the Week
Welcome back to Altcoins at a Glance. If you are still here and surviving despite the FUD surrounding the crypto industry, then the Cryptonewsbytes team wishes to congratulate you. We also know that your time is precious, so we have…
HSBC and Standard Chartered Encouraged to Embrace Crypto Clients in Hong Kong
In a significant development in the crypto industry, Hong Kong’s banking regulator is encouraging major banks, including HSBC and Standard Chartered, to accept crypto exchanges as clients. This move comes at a time when the crypto industry is facing a…
Ripple and Colombia’s Central Bank Collaborate on Revolutionary Blockchain-Powered CBDC Project
In an unprecedented move, Ripple, a significant player in the blockchain payment arena, has teamed up with Colombia’s Central Bank, Banco de la Republica. This groundbreaking partnership aims to leverage the robust capabilities of the XRP Ledger to develop a…
BlackRock’s Bold Move: Launching a Spot Bitcoin ETF Amid Regulatory Scrutiny
BlackRock, a leading asset management company, has taken a significant step towards launching a spot Bitcoin exchange-traded fund (ETF), a move that has been a subject of debate between cryptocurrency advocates and federal regulators. The firm has submitted an application…