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Binance Labs Invests in AltLayer, KiloEx, Kinza, and Sleepless AI as Part of the MVB Program

Binance Labs, the venture capital and incubation arm of Binance, has announced its investment in four top-performing projects from the sixth season of its Most Valuable Builder (MVB) program. The announcement was made on Binance’s official blog, and the investment is aimed at growing the BNB Chain ecosystem. The four projects selected for investment are: … Continue reading Binance Labs Invests in AltLayer, KiloEx, Kinza, and Sleepless AI as Part of the MVB Program

Ault Alliance's Sentinum Mined 909 Bitcoins this year

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, announced on August 4, 2023, that its wholly-owned subsidiary, Sentinum, Inc., has mined a total of 909 Bitcoins from January 1, 2023, through July 31, 2023. The announcement was made in Las Vegas and includes details of the company’s Bitcoin mining activities. The 909 Bitcoins … Continue reading Ault Alliance's Sentinum Mined 909 Bitcoins this year

Crypto Miner Argo Blockchain Mined 129 Bitcoins in July 2023

Argo Blockchain PLC, a leading global cryptocurrency miner listed on both the London Stock Exchange (LSE:ARB) and NASDAQ (NASDAQ:ARBK), has released its operational update for July 2023. The company reported mining 129 Bitcoin or Bitcoin Equivalents (BTC), averaging 4.2 BTC per day. This represents an 11% decrease from the daily average of 4.6 BTC in … Continue reading Crypto Miner Argo Blockchain Mined 129 Bitcoins in July 2023

Binance Users Reach 150M

According crypto exchange Binance CEO Changpeng Zhao’s tweet, Binance has achieved several key milestones, reflecting its ongoing commitment to expansion and innovation. Binance announced that it has hit the 150 million registered users mark. This milestone underscores the platform’s growing popularity and reach in the global cryptocurrency community. In July 2022, Binance revealed that its … Continue reading Binance Users Reach 150M

Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum

OSL Digital Securities Limited (“OSL Digital Securities”), a wholly-owned subsidiary of BC Technology Group Limited (Stock Code: 863), has been granted an uplift to its existing license by the Securities and Futures Commission (SFC) of Hong Kong. This immediate change allows retail investors to register on its platform and trade popular cryptocurrencies Bitcoin and Ethereum. … Continue reading Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum

Australian Regulator Takes Legal Action Against eToro Over High-Risk and Volatile Trading Products

The Australian Securities and Investments Commission (ASIC) has filed a case in the Federal Court against the online investing platform eToro Aus Capital Limited about the suitability of eToro’s target market for contract for difference (CFD) products. The case is being brought about the appropriateness of eToro’s target market for CFD products. The Australian Securities … Continue reading Australian Regulator Takes Legal Action Against eToro Over High-Risk and Volatile Trading Products

SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case

The U.S. Securities and Exchange Commission (SEC) has obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Utah-based entity operating as “DEBT Box,” along with its four principals and 13 other defendants. The action is in connection with an alleged fraudulent scheme involving the sale of crypto asset … Continue reading SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case

Sui Network Launches Liquid Staking Functionality to Enhance Delegated Staking

The Sui Network, a Layer 1 blockchain known for its object-centric data model, announced the launch of a new feature that enables liquid staking as part of its latest network upgrade. This functionality is aimed at supporting liquid staking applications while maintaining the diversity of validators within the network. A Community-Driven Upgrade The upgrade is … Continue reading Sui Network Launches Liquid Staking Functionality to Enhance Delegated Staking

SoFi Invest Report Reveals Investor Concerns and Optimism Despite Economic Uncertainty

SoFi Technologies, Inc., a leading digital personal finance company, released its first SoFi Invest Midyear Investor Report, surveying over 3,400 Americans on their investment sentiment and habits during the first half of 2023. The report highlights a mix of optimism and concern among investors, particularly among Generation X. Most investors feel they are “falling behind” … Continue reading SoFi Invest Report Reveals Investor Concerns and Optimism Despite Economic Uncertainty

U.S. Bank: Gen Z Prioritizes Values in Investment Choices but Struggles to Start

A new survey conducted by U.S. Bank has shed light on the investment behaviors and attitudes of Generation Z (Gen Z), revealing a generation driven by values but overwhelmed by the complexities of investing. The survey, conducted between May 12-24, 2023, included 3,000 active investors and 1,000 aspiring investors across various generations. 38% of Gen … Continue reading U.S. Bank: Gen Z Prioritizes Values in Investment Choices but Struggles to Start

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