Binance Debuts Crypto Rival To Elon Musk’s X App
Binance has released a new social media platform called Binance Feed, with CEO CZ promoting it as a rival crypto discussion hub to Elon Musk’s X app.
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Elon Musk’s X Draws Ire Over Pro-XRP Account Suspension
Elon Musk and X are facing backlash after suspending an account focused on promoting and discussing XRP, without providing clarification for the decision.
Japan Set To Unveil Dogecoin-Funded Dog Statue
A bronze statue of Kabosu, the dog that inspired Dogecoin, funded by the crypto’s community will be displayed in Japan starting November 2023.
3 Factors Driving Solana’s Price Gains
Solana has seen its SOL token price rise over 20% in recent weeks thanks to network upgrades, increased DApp usage, and growing NFT volumes.
Backed Finance Launches Tokenized Bond ETF on Base Layer-2
Tokenization protocol Backed Finance has rolled out a tokenized version of a BlackRock bond ETF on Coinbase’s Base layer-2 network.
Google Doubles Down On Opposing Canada’s Online News Act
Google stated Canada’s draft regulations for its Online News Act don’t address the company’s concerns, potentially putting it on a collision course with Ottawa.
Taiwan Pushing For Crypto Regulations By End of November
Taiwan lawmakers are rushing to propose a draft crypto regulation law by end of November to prevent regulatory arbitrage as offshore exchange concerns grow.
JPMorgan: Rise of Ethereum Staking Increased Centralization
A new JPMorgan report says Ethereum has become more centralized due to staking growth after the Merge, also leading to lower yields.
Retail Stablecoin Trading Still Prohibited in Hong Kong
A Hong Kong official has stated that retail investors are not permitted to trade stablecoins until regulations are formally implemented, expected by end of 2024.
Crypto Whale Withdrawals Alongside 18B SHIB Accumulation
Shiba Inu has claimed the cryptocurrency spotlight once again following data showing substantial accumulation among new wallets alongside large holders withdrawing from exchanges.