Author: News Room
Binance has reportedly updated its customer support offerings, integrating a wide selection of “smart retrieval” cryptocurrencies into its service. This update is said to facilitate the recovery of tokens deposited in error by users at a greatly reduced fee. Binance revealed that it has recently added a large number of “smart retrieval” coins. After the user deposits an unsupported token (smart retrieval), the retrieval fee is also greatly reduced, only 5 USDT is charged. In the past this amount was as high as $500.… pic.twitter.com/ORxFyqfCeK — Wu Blockchain (@WuBlockchain) March 25, 2024 The cost for retrieval, which previously could amount…
According to a market analyst, the recent XRP drop below $0.6 forms part of a retest pattern that will see its prices rise up to $6 later this cycle. After an impressive increase in March, the price of XRP has witnessed a significant decline. From its monthly top at $0.73, the cryptocurrency has shed most of its gains alongside the broader crypto market, trading around $0.62 at the time of writing. Nonetheless, seasoned trader MikyBullCrypto believes there is no cause for alarm. According to him, XRP’s current price action is a retest following the recent breakout of a multi-year symmetrical…
Nigerian authorities have reportedly charged Binance with tax evasion, multiple local news outlets reported Monday. The charges come after a tense few weeks between the exchange and the Nigerian government, which ended with two senior executives of the company being detained by authorities. Local media is also reporting that one of the two executives has “escaped” and possibly left the country. Binance, the world’s largest crypto exchange, has been charged with tax evasion by Nigerian authorities as a standoff between the two parties intensified in previous weeks, multiple local media outlets reported Monday, citing a statement from the country’s tax…
Nyan Heroes, a cat-themed hero shooter with blockchain assets on Solana, has launched its early access playtest on PC via the Epic Games Store. The “pre-alpha demo,” as developer 9 Lives Interactive described it, will be available for anyone to download and play until April 9. It offers players the ability to earn MEOW points, which will enable them to receive a share of the upcoming NYAN token airdrop on Solana. Nyan Heroes, which 9 Lives Interactive Creative Director and CEO Max Fu described to Decrypt’s GG as a hybrid of shooters like Overwatch and Titanfall, lets players take control…
Road Town, British Virgin Islands, March 26th, 2024, Chainwire Lif3.com is thrilled to announce its integration with Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations. This collaboration brings together Lif3’s innovative multi-chain DeFi ecosystem with Fireblocks’ trailblazing security solution, including their Direct Custody platform and cutting-edge Non-Custodial Wallets-as-a-Service (WaaS) to enhance safety, security and enhance operational efficiency for the Lif3 ecosystem. With the integration of Fireblocks’ Non-Custodial WaaS, Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, allows users to maintain complete control over their private keys while minimizing the risks associated with…
The Commodity Futures Trading Commission (CFTC) has designated Ethereum (ETH) and Litecoin (LTC) as commodities, setting a precedent in the regulatory oversight of cryptocurrencies. This clarification came as part of the CFTC’s civil enforcement action against the cryptocurrency exchange KuCoin, which faces accusations of conducting illegal off-exchange commodity transactions without proper registration. Ethereum and Litecoin Labeled Commodities by CFTC The legal action follows close on the heels of criminal charges brought against KuCoin and its founders by the Department of Justice. It spotlights the stringent enforcement measures being applied to cryptocurrency exchanges operating in the US. The complaint specifically targets…
In a significant move towards revolutionizing asset trading, Dubai-based CreataChain DMCC and Al Reem FZCO have signed a Memorandum of Understanding (MOU) to formalize their partnership. The collaboration aims to leverage blockchain technology to develop a pioneering Real-World Asset (RWA) marketplace. Combining CreataChain’s technical capabilities with Al Reem’s market insights and legal expertise, the two […] Read the full article here
Syntax takes natural language and converts it into Solidity code, enabling individuals and enterprises to ship production-grade smart contracts, arbitrage agents, NFTs, rollups and more. Syntax marks the manifestation of the ‘agent economy’ in Web 3.0. Today, Spectral Labs has launched Syntax, a new LLM enabling people to ship agents that automate on-chain projects and tasks, thereby manifesting their Web 3.0 product ideas. While still in beta, Syntax’s vision is to create an open on-chain ‘agent economy,’ where developers, individuals and enterprises can for the first time select the agents they would want to delegate their Web 3.0 tasks, projects…
An early crypto investor is filing a lawsuit in an attempt to recover a wallet containing $560 million in Bitcoin (BTC). According to a new Daily Mail report, James Howells accidentally threw away 8,000 Bitcoin a decade ago but is now hoping a lawsuit could help him retrieve them. His partner at the time reportedly threw away the hard drive containing his crypto assets after he placed it in a black trash bag. After some research, Howells thinks that the hard drive is in a particular area in the South Wales landfill in the United Kingdom, known as the Newport…
KuCoin CEO Johnny Lyu said the US criminal charges against the exchange will not affect the platform’s operational stability and assured users that their funds remain safe.Lyu made the statement on social media after the US Department of Justice (DOJ) announced it is levying criminal charges against the exchange for flouting anti-money laundering (AML) laws.Lyu said:“Your assets are safe and sound with us. Our team and I will provide timely updates about the progress.”KuCoin also made an official statement regarding the allegations and said its lawyers are investigating the details. The exchange similarly assured users that funds are “absolutely safe.”Criminal…