Author: CryptoHoppers

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 termination of Binance’s registration with the FCA may seem significant, it will not impact the exchange’s operations as BML never conducted any business or had users in the UK. Ilir Laro, Binance’s sub-regional manager for growth in the UK and Europe, clarified that BML had…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied International Monetary Fund (IMF) managing director Kristalina Georgieva revealed that the IMF is actively developing a platform dedicated to facilitating transactions between countries via central bank digital currencies (CBDCs). This move reflects the IMF’s commitment to fostering global interoperability by encouraging central banks to establish a unified regulatory framework for digital currencies. Avoiding fragmented national approaches Speaking at a conference attended by African central banks in Rabat, Morocco, IMF managing director Kristalina Georgieva emphasized the importance of avoiding fragmented national approaches when it comes to CBDCs.…

B2Broker, a tier-1 provider of liquidity in the Forex and cryptocurrency markets, has expanded its range of liquidity offerings to include Non-Deliverable Forwards (NDFs), giving clients even more asset options and enabling them to control risk more effectively. B2Broker sets industry standards by offering clients a wide range of liquidity options across all major asset classes. Now, among them are: Rolling Spot FX & Precious Metals Equity Indices Energies Commodities Crypto Derivatives/CFDs Single Stocks/CFDs ETFs NDFs By offering richer liquidity capabilities, B2Broker strives to remain one step ahead of its competitors in meeting the liquidity needs of its clients. What…

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United States Securities and Exchange Commission (SEC), the global leading digital asset service provider Binance has withdrawn its registration of Binance Markets Limited (BML) with the Financial Conduct Authority (FCA).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.…