Author: CryptoHoppers

Binance has been considering expanding its business to the UK and other regions due to the crackdown on crypto exchanges in the US.  Following its lawsuit with the United States Securities and Exchange Commission (SEC), the global leading digital asset service provider Binance has withdrawn its registration of Binance Markets Limited (BML) with the Financial Conduct Authority (FCA). Markedly, BML is the United Kingdom subsidiary of the global crypto exchange. With these latest developments, Binance and its associates hold no operational license or approval in the UK. BML submitted a cancellation request for the FCA approval which was completed almost…

Blockchain Gaming Alliance is going to host Sebastien Borget, a co-founder of The Sandbox and president of BGA, in Hong Kong. The event is being held in partnership with The Sandbox and Club DAO, with an exceptional opportunity for participants to establish their network with industry leaders. Entry is free; however, one needs to register on the official event web page. A free drink awaits all the participants who have an account in The Sandbox. Seats are limited, and spots are, therefore, being sold out left-right. The event will also be attended by industry leaders on June 24, 2023, starting…

Bitcoin saw a resurgence of demand after retesting a key ascending support line. The short-to-mid term outlook was still bleak, but upcoming halving may favor long-term performance. Roughly a month ago, we explored the likelihood that Bitcoin [BTC] would fall below $25,000. This became reality during mid-July when the price briefly dipped below the aforementioned level. But what does this mean for its performance moving forward? Is your portfolio green? Check out the Bitcoin Profit Calculator The prediction was based on the fact that BTC’s lower range has been restricted above an ascending support line. Bitcoin’s latest retest of the…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The technology product manager of Lightning Labs, one of the development companies behind the Lightning Network, has pointed out a memory leak bug in the recent Lightning Network Daemon (LND) version 0.16.3, and is now urging operators not to upgrade or roll back to the previous version for those who have already upgraded their software. Don’t upgrade to LND 0.16.3, the memory leak bug is bad. If you did upgrade you can safely downgrade back to 0.16.2.— Nitesh ₿⚡️ (@nitesh_btc) June 16, 2023 The memory leak…

Mateon has announced they recently discovered in its directed antiviral screening program that an anti-malarial drug called Artemisinin is highly potent at inhibiting the ability of the COVID-19 causing virus (SARS-CoV-2) to multiply while at the same time keeping an excellent safety index – claiming its safety is clearly superior to other drugs getting more attention in the media such as Chloroquine, Hydroxychloroquine and Remdesidivir. However, it still needs to go through months of well-controlled and sufficiently powered clinical trials before coming to market. Dr. Vuong Trieu, President and Chief Executive Officer of Mateon stated: “The discovery of Artemisinin through…

Binance.US’s market share among exchanges that support USD pairs continues to dwindle in the wake of the US Securities Exchange Commission lawsuit against the firm and global exchange giant Binance.  As of June 18, Binance.US’s market share relative to a group of similar exchanges declined to 4.35% — a steep decline from more than 16% in April 2023 — according to The Block’s Data Dashboard. On the other hand, Binance’s market share has increased slightly from the previous month.  Binance.US’s exchange volumes. Image: The Block’s Data Dashboard. Earlier this month, the SEC alleged in a suit that Binance…

SHIB’s price increased, and an exchange supply decrease indicated renewed confidence. The price rise might not last despite the demand at $0.00000649. Despite facing significant volatility and market challenges Shiba Inu’s [SHIB] price rose by 2.74% in the last seven days. The hike represents a mild halt to the tumultuous journey the meme-based cryptocurrency has had lately.  Is your portfolio green? Check the Shiba Inu Profit Calcuator A Falling supply and regrouping bulls However, there seem to be signs that the respite season might last for a while. According to Santiment, SHIB’s supply on exchanges has decreased since 10 June.…

BlackRock, which is undoubtedly the largest asset manager globally, has gone ahead and applied for a Bitcoin exchange-traded fund (ETF). This will provide investors the opportunity of being able to connect with cryptocurrency. This is with regard to the fact that it is being watched very closely in terms of regulatory factors. The iShares Bitcoin Trust, which is an arm of BlackRock, will be taking the help of Coinbase Custody, as per the SEC.   In the year gone by, BlackRock was instrumental in delivering a spot bitcoin private trust which targeted the institutional clients based in the U.S. All of…

During the past week, Coinbase and Binance encountered challenges due to increased regulatory scrutiny, coinciding with bearish market conditions following the US Securities and Exchange Commission’s (SEC) charges. Binance faced additional regulatory obstacles on a global scale, while its US-based counterpart, Binance.US, successfully settled with the SEC, preventing a complete freeze of its assets. The SEC also remained in the spotlight as a bill to remove chairperson Gary Gensler advanced through Congress. Significant developments also occurred in the SEC vs. Ripple case, as previously undisclosed internal emails about the Bill Hinman’s 2018 speech were publicly disclosed. Binance faces international regulatory…

BlackRock recently submitted an application to the Securities and Exchange Commission for a Bitcoin ETF. While some may assume that this ETF will resemble the Grayscale Bitcoin Trust (GBTC), there are notable distinctions between the two products. BlackRock’s iShares Trust Vs. GBTC BlackRock’s iShares product, technically classified as a trust, offers redemptions similar to an ETF, unlike GBTC. Noelle Acheson clarifies that the market may mistakenly associate “trust” with GBTC’s lack of redemption options, but this is not true for BlackRock’s offering. Image: Forbes The key disparity between a BTC ETF and a trust lies in the ETF’s ability to…