A temporary suspension of spot trading on Binance was announced by the leading blockchain and cryptocurrency platform on Friday. Due to zero commissions, the world’s largest crypto exchange has also increased its market share of Bitcoin spot volume to over 90 percent in recent quarters, according to Arcane Research. Binance has encountered an issue impacting
The world of cryptocurrency has been shaken up in recent times by the advent of non-fungible tokens, or NFTs. NFTs have taken the digital art world by storm, and have been used for a wide range of purposes, from virtual real estate to collectible sports cards. In this article, we will explore the rise of
Shaktikanta Das, the governor of the Reserve Bank of India(RBI), gave the country’s banking system a thumbs-up, stressing the importance of banking sector regulation and supervision in light of recent developments in the US. “India has a well-regulated and well-supervised banking sector. The same would apply to the NBFC sector and other financial entities under
Are you wondering how to get started with crypto investing? With the right strategy and effort, you can reap a huge amount of profit from crypto investments. Just don’t blindly invest all your money in crypto, hoping that you’ll make a profit. The entire beauty of crypto is that you are in control of your
The online gaming and gambling industry in India is growing at a frightening pace. Indeed, by some estimates, it could exceed $7 billion in value by 2026. For this reason, the Prime Minister’s Office (PMO) has been drafting legislation for some time that would give the government greater control over online games involving real money.
Of the various tech innovations of the last few decades, few have had the immediate impact of blockchain technology. This tech is the basis of cryptocurrencies such as Bitcoin or Ethereum. Of course, these aren’t the only innovations that blockchain tech has helped to usher in. The latest trend that has swept up the attention
Nearly 75% of retailers have plans to start accepting cryptocurrency payments within the next 2 years. With the rising popularity of Bitcoin, the number of Bitcoin ATMs is growing rapidly as well. If you want to buy or sell Bitcoin, one of the most convenient ways to do it these days is to visit a
This new report shows that crypto has been decreasing by 36 percent since Q2 2022. The crypto losses are up to $428 million worldwide, most of which resulted from hacks and frauds. Crypto exchanges are more susceptible to hacking than fraud. The report said that fraud accounts for only 7 percent of the total losses
With the increasing popularity of Bitcoin and other cryptocurrencies in Blockchain technology, there has been a corresponding increase in scams targeting investors. While the blockchain technology underlying these digital currencies is designed to be secure and transparent, scammers have still found ways to exploit it for their gain. This article will look at some of
Biggest Cryptocurrency Failure Ever: Firm mistakenly sent $10.5 million to Australian woman instead of $100 and took 7 months to realize
A cryptocurrency company mistakingly transferred almost $10.5 million to a woman in Australia and failed to notice the error for seven months, according to a legal document. Cryptocurrency company Crypto.com made a mistake with payment information in May of 2021 and entered an incorrect account number, according to a default judgment released on Friday by