Paradigm Introduces Linear Altcoin Options with MATIC Block Trade on Deribit

Paradigm, a leading liquidity network for derivatives traders, has expanded its offerings to include linear altcoin options trading. This new initiative was inaugurated with a block trade in Polygon (MATIC) on the Deribit Exchange.  The expansion includes options for MATIC, Solana (SOL), and XRP, providing direct payouts tied to the price movements of the underlying […]

Binance to End XRP Support with USDT Conversion Effective May 28, 2024

Binance has announced the discontinuation of support for XRP, effective May 28, 2024, at 06:00 (UTC). The decision, revealed through a recent update, affects XRP and TUSD (TrueUSD) as margin assets in the Multi-Assets Mode.  From May 14, 2024, the transfer-in limit for XRP and TUSD has been set to zero. Remaining balances of XRP […]

Binance to End XRP Support with USDT Conversion

Binance has announced the discontinuation of support for XRP, effective May 28, 2024, at 06:00 (UTC). The decision revealed through a recent update, affects XRP and TUSD (TrueUSD) as margin assets in the Multi-Assets Mode.  From May 14, 2024, the transfer-in limit for XRP and TUSD has been set to zero. The remaining balances of […]

NiceHash Celebrates 10th Anniversary with Bitcoin Conference in Maribor

NiceHash, the industry-leading proof-of-work (PoW) hashrate marketplace, is set to host the first-ever Bitcoin conference in Maribor, Slovenia. Scheduled for November 8-9, 2024, NiceHashX will celebrate the marketplace’s tenth anniversary.  The conference aims to introduce Maribor and Slovenia as key cryptocurrency business hubs, offering a significant entry point to the European crypto market. With over […]

NiceHash Marks 10th Anniversary with Maribor Bitcoin Event

NiceHash, an industry-leading proof-of-work (PoW) hashrate marketplace, is set to host the first-ever Bitcoin conference in Maribor, Slovenia. Scheduled for November 8-9, 2024, NiceHashX will celebrate the marketplace’s tenth anniversary.  The conference aims to introduce Maribor and Slovenia as key cryptocurrency business hubs, offering a significant entry point to the European crypto market. With over […]

South Korea Firm Infinite Block Becomes XRP Ledger Validator

Infinite Block, a Korean virtual asset provider, has become a validator on the XRP Ledger (XRPL) network. This development, reported by Catalyze Research, aims to foster a stable growth trajectory for the XRPL ecosystem within South Korea’s regulatory framework.  Infinite Block plans to offer XRP and XRPL-related services to both local and international corporations in […]

Dutch Court Sentenced Tornado Cash Developer for 64 Months

Alexei Pertsev, developer of Tornado Cash, was sentenced to 64 months in prison by a Dutch court in s’Hertogenbosch.He was found guilty of money laundering, which he committed between July 9, 2019, and August 10, 2022. The US government blacklisted Tornado Cash on August 2022 due to its connection to the North Korean hacking group, […]

Vitalik Buterin Proposes Ethereum Gas Model Upgrade

Vitalik Buterin, one of the co-founders of Ethereum, has introduced Ethereum Improvement Proposal (EIP) 7706, aimed at refining the gas model for transaction call data within the Ethereum network. Currently, Ethereum transactions involve two types of gas fees: one for executing transactions, covering computational effort, and another for storage, representing the cost of storing data […]

Tether Freezes $5.2M worth USDT Linked to Phishing Scams

On  May 14, stablecoin issuer Tether froze $5.2 million in USDT linked to phishing scams. The funds were held in 12 Ethereum wallets flagged by blockchain security platform MistTrack as “USDT Banned Addresses.”  ⚠️MistTrack Alert🧐 Just now, #Tether froze ~5.2 million $USDT on 12 addresses. These addresses are associated with addresses tagged as "USDT Banned […]

OKX Expands to Australia with Local Regulated Entity Launch

In a significant expansion move, crypto exchange OKX is bringing its services closer to home for Australian traders. Oscar Piastri, representing McLaren Racing, broke the news at a Sydney media event on May 14. OKX President Hong Fang sees great potential in the Aussie market. She believes it’s often overlooked but filled with educated and […]