Binance to lose its British pound on- and off-ramp provider in 9 weeks

Binance has also had problems with its banking partner for United States dollar transfers over the last few months.

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Binance to lose its GBP on-and-off ramp provider in 9 weeks

Binance is scrambling to find a new service partner to process British Pound (GBP) transfers on its trading platform after its current partner, Skrill Limited announced it will soon cease providing services to the crypto exchange.  Binance explained in a Mar. 13 email to “Binancians” that Skrill would stop processing GBP deposits and withdrawals via [...]

The post Binance to lose its GBP on-and-off ramp provider in 9 weeks appeared first on Crypto Breaking News.

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Bill Ackman warns US gov't: Fix mistake in ‘48 hours’ or face ‘destruction’

Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” but should be fired.

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Utah Passes Law Recognizing Decentralized Autonomous Organizations

The Utah State Legislature has passed the Utah Decentralized Autonomous Organizations Act, providing legal recognition and limited liability to DAOs, also known as "Utah LLDs". The act defines ownership, protects anonymity, and introduces quality assurance protocols. (Read More)

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Wyoming lawmakers pass bill to prevent forced disclosure of private keys

If Wyoming Governor Mark Gordon signs the bill, from July 1 individuals in Wyoming will be protected from being forced to divulge their private keys, with one limited exception.

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Not USDT: SEC Warns Public vs Tether Pay Limited for 210% Promised Profit

Though the fraudulent entity uses USDT for the public to invest in, it is not affiliated with the firm behind USDT.

The post Not USDT: SEC Warns Public vs Tether Pay Limited for 210% Promised Profit appeared first on BitPinas.

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Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator

The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to "secure" FTX's digital assets.

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Bit Origin Limited Signs LOI to Acquire 30.62% Equity Interests in Horizon Mining Ltd

The planned acquisition would be another major step forward for Bit Origin Limited to accelerate its efforts into the crypto mining business. (Read More)

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JPMorgan Sees Limited Upside for Crypto Markets – Markets and Prices Bitcoin News

JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto market cap “no longer looks excessive.” JPMorgan’s Crypto Outlook Global […]

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Hong Kong Firm Prima Asia to Launch Blockchain Payment in APAC

Hong Kong-based startup Prima Asia Limited said it will launch innovative blockchain payment technology in the Asia-Pacific region this year. (Read More)

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Nvidia GeForce RTX 3060 With Full Unrestricted ETH Mining Hashrate, But Only With Single GPU in a Gaming PC

It seems that a workaround to the artificially enforced hashrate limiter for the Nvidia GeForce RTX 3060 GPUs mining Ethereum has been discovered and it is pretty simple apparently. You just need to use the developer driver version 470.05 where there is apparently no hashrate limiting being applied, unlike with the regular GeForce video driver […]

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Mining Performance of Asus ROG Strix GeForce RTX 3060 OC Edition

The new Nvidia GeForce RTX 3060 video cards are here and we managed to buy one quickly while there was some stock left to do some mining benchmarks and tests. We already know that mining performance for the RTX 3060 is limited for Ethereum, but what else can you mine with the full performance is […]

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Binance Faces Regulatory Headwinds: UK Registration Canceled, Exits Netherlands, Cyprus

In the latest development surrounding Binance, the world’s largest cryptocurrency exchange, the company has officially canceled its registration in the United Kingdom. The UK Financial Conduct Authority (FCA) approved Binance’s request to deregister Binance Markets Limited (BML) (BML) on May 30, 2023, effectively ending its authorization to provide regulated services in the country. While the [...]

The post Binance Faces Regulatory Headwinds: UK Registration Canceled, Exits Netherlands, Cyprus appeared first on Crypto Breaking News.

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CZ Says Binance Has Issued a Cease and Desist Notice Against Nigerian ‘Scammer Entity’

Changpeng Zhao, the CEO of Binance, said the recently banned Binance Nigeria Limited has been issued with “a cease and desist notice.” Zhao, who has since branded the Nigeria-registered company a “scammer entity,” told his followers not to believe everything they read in the news. Binance Disassociates Itself From Banned Nigerian Entity The CEO of [...]

The post CZ Says Binance Has Issued a Cease and Desist Notice Against Nigerian ‘Scammer Entity’ appeared first on Crypto Breaking News.

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Is the Bitcoin Bottom In? Analysis of BTC Derivatives Suggest Limited Price Downside

Bitcoin seems to have hit a price bottom according to insights from BTC derivatives. The data from these derivative markets suggests that there might not be significant downside for Bitcoin’s price in the near future. Market analysts have been closely monitoring BTC derivatives to gauge the sentiment and potential changes in Bitcoin’s price movements. The [...]

The post Is the Bitcoin Bottom In? Analysis of BTC Derivatives Suggest Limited Price Downside appeared first on Crypto Breaking News.

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Exciting News: Altcoin ETFs on the Horizon, Analysts Predict Limited Demand

The anticipation of altcoin ETFs has been met with limited demand, according to analysts. While many in the cryptocurrency space have been eagerly awaiting the launch of exchange-traded funds (ETFs) for various altcoins, there isn’t as much demand as initially expected. Altcoin ETFs have been a hot topic of discussion among investors and traders looking [...]

The post Exciting News: Altcoin ETFs on the Horizon, Analysts Predict Limited Demand appeared first on Crypto Breaking News.

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Japan Moves to Boost VC Investments in Web3 Companies Through Cryptocurrency Acquisition Bill

Japan's government plans to amend LPS laws to allow cryptocurrencies acquisition and holding, aiming to simplify investment processes and support Web3 businesses, boosting domestic startups. (Read More)

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Crypto Fraud: US Authorities Seize Millions from Deltec Bank In International Scam

As per the latest report, the U.S. federal authorities have executed multiple seizure warrants, targeting accounts belonging to Deltec Bank & Trust, a Bahamas-based bank with significant ties to crypto asset firms.  The Secret Service, acting on probable cause for wire fraud, bank fraud, or money laundering, was authorized to seize up to a staggering […]

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Binance Claims Commitment to U.K. Plan Remains, Despite FCA Deregistration

The firm has canceled its registration with the United Kingdom's Financial Conduct Authority.

Continue reading at DailyCoin.

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Binance’s UK subsidiary withdraws FCA registration as European exodus continues

Binance said in a June 19 email shared with CryptoSlate that the exchange’s United Kingdom subsidiary, Binance Markets Limited (BML), has canceled its registration with the country’s Financial Conduct Authority (FCA). Binance has no authorized entity in the UK According to the spokesperson, BML held various FCA permissions for activities it never carried out or […]

The post Binance’s UK subsidiary withdraws FCA registration as European exodus continues appeared first on CryptoSlate.

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