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Binance Withdraws License Application for Abu Dhabi Investment Fund
Binance Withdraws License Application for Abu Dhabi Investment Fund

Binance determined the application was not necessary "when assessing [its] global needs." The move is unrelated to the exchange's legal settlement in the U.S.

Coindesk·2023/12/08 09:04
Binance's Changpeng 'CZ' Zhao Is a Manageable Flight Risk: U.S. DOJ
Binance's Changpeng 'CZ' Zhao Is a Manageable Flight Risk: U.S. DOJ

The U.S. Department of Justice (DOJ) argues that Binance's former CEO should remain free until sentencing – but only in the U.S.

Coindesk·2023/11/27 00:09
Binance Founder Changpeng 'CZ' Zhao Isn't a Flight Risk, His Attorneys Say
Binance Founder Changpeng 'CZ' Zhao Isn't a Flight Risk, His Attorneys Say

The Department of Justice wants him to stay in the U.S. prior to sentencing.

Coindesk·2023/11/24 15:42
Bitcoin Pumped in Expectation of the Spot ETF |  Crypto Daily Digest Oct.24
Bitcoin Pumped in Expectation of the Spot ETF | Crypto Daily Digest Oct.24

After the first gold ETFs were approved in 2003, the price of gold increased by 420% in the following 10 years. And that's for the old and traditional asset, gold. Imagine what the ETF impact could be for Bitcoin?

TokenInsight·2023/10/24 15:18
Compute Anything on Bitcoin |  Crypto Daily Digest Oct.10
Compute Anything on Bitcoin | Crypto Daily Digest Oct.10

A white paper titled: "BitVM: Compute Anything on Bitcoin", Stirring up widespread interest

TokenInsight·2023/10/10 16:03
Friend.tech Profit Strategy  |  Crypto Daily Digest Sep.27
Friend.tech Profit Strategy | Crypto Daily Digest Sep.27

Despite a very cold market overall, Friend.tech has shown no signs of fading. Several strategy has been proposed to profit from this social application.

TokenInsight·2023/09/27 15:36
Which Tokens Will Be Most Affected by the Upcoming FTX Selling? |  Crypto Daily Digest Sep.13
Which Tokens Will Be Most Affected by the Upcoming FTX Selling? | Crypto Daily Digest Sep.13

FTX intends to sell billions of dollars crypto asset holding, $MATIC, $TRX, and $DOGE would be the most impacted tokens, according to Messari.

TokenInsight·2023/09/13 15:36
Grayscale Victory Boost Confidence on BTC Spot ETF |  Crypto Daily Digest Aug. 30
Grayscale Victory Boost Confidence on BTC Spot ETF | Crypto Daily Digest Aug. 30

While SEC could pick a different reason to deny Grayscale again, it is also possible the SEC could take the new court decision as a graceful exit from their anti-ETF position.

TokenInsight·2023/08/30 16:01
Binance's Ether Futures See Lowest Open Interest Since July 2022
Binance's Ether Futures See Lowest Open Interest Since July 2022

Don't ready too much into the move, said one observer, calling it a typical position reset.

Coindesk·2023/08/24 04:59
HK First Retail Crypto Exchange Hashkey Exchange |  Crypto Daily Digest Aug. 3
HK First Retail Crypto Exchange Hashkey Exchange | Crypto Daily Digest Aug. 3

HashKey Exchange obtained approval HK SFC to become the first cryptocurrency exchange to offer retail services in Hong Kong. The registration process indicates that non-Hong Kong residents can also apply for registration.

TokenInsight·2023/08/03 15:28
Flash
05:19
XRP remains stable around $1.38 as the market focuses on US CPI data
XRP price is fluctuating narrowly around $1.38, with market volatility compressed. Investors are focusing on the potential impact of the US Consumer Price Index (CPI) data on Federal Reserve policy expectations. Both on-chain and institutional activity remain active, with XRP Ledger daily transaction volume exceeding 2.7 million, and XRP-related investment products having assets under management of approximately $1.4 billions. Ripple has launched a $750 millions stock buyback, with its valuation approaching $50 billions. Traders are watching the price movement in the $1.35–$1.37 support zone and the $1.40–$1.42 resistance zone. AI interpretation: The upcoming US CPI data is attracting significant attention, reflecting investors' sensitivity to inflation trends. CPI data will directly influence the Federal Reserve's monetary policy direction, especially in the current economic environment, where changes in inflation will have a major impact on interest rate decisions. Market expectations for CPI will further affect the price volatility of risk assets, and investors should closely monitor market reactions following the data release.
05:10
Across Protocol plans to dissolve its DAO and transition to a private company, offering token holders equity or a USDC exit option
ChainCatcher News, The development team behind Across Protocol, Risk Labs, has proposed dissolving the current DAO structure and transforming the project into a US C-corporation. The team pointed out that the existing token and DAO framework have substantially affected their ability to establish partnerships with institutions and corporate partners, and that a traditional corporate structure would help open up new business opportunities. According to the proposal, ACX holders can choose to swap their tokens for shares in the new company at a 1:1 ratio, or exchange them for USDC at a price of $0.04375 per token, which is a 25% premium over the average price of the past 30 days. Holders with more than 5 million tokens can directly convert to equity, while smaller holders can participate through a special purpose vehicle (SPV). After the announcement, ACX surged 70% in a single day to $0.06. The redemption window is expected to open within three months after the proposal is approved and will last for six months. Co-founder Hart Lambur emphasized that a formal decision must be approved by a DAO vote.
05:08
Nic Carter says BIP-360 should focus on technical quality and quantum resistance objectives
Castle Island Ventures partner Nic Carter stated on the X platform on March 12 that the crypto community's debate over the identity and background of the BIP-360 author is not important. The bitcoin community should focus on the technical quality of the proposal and the public review process. Historically, it is not uncommon for bitcoin developers to be anonymous or use pseudonyms—for example, the identity of BIP-148 author "Shaolinfry" remains unknown, but this has not affected the significance of the proposal. BIP-360 members include Ethan, Isabel, and the anonymous developer Hunter Beast. The proposal aims to eliminate quantum vulnerabilities in Taproot addresses and pave the way for bitcoin's quantum resistance. As the potential risk of elliptic curve cryptography failure gains attention, the community's priority is shifting toward enhancing bitcoin's quantum resistance.
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