Crypto giant Binance processed almost $346 million (roughly (Rs. 2,900 crore)) in Bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine,” blockchain data seen by Reuters show. The Justice Department on January 18 said it charged Bitzlato’s co-founder and majority shareholder … Read more
Popular crypto trading app Robinhood has announced support for Tezos (XTZ) and Aave (AAVE), meaning users can buy and sell them on any of its platforms. The 18.7 million active monthly users on the trading app would also have the option to trade Solana, Polygon, and Avalanche that were added this year. With the addition … Read more
Freeway, a crypto staking platform has brought some of its services to a temporary halt citing market fluctuations. In a bid to keep its business afloat, Freeway has stopped buy and withdrawal services on its platform. The company is working on drafting newer strategies that could make its operations more resistant to the volatile nature … Read more
Ethereum developers are probably heaving a sigh of relief now as the blockchain’s eco-friendly Merge upgrade is live and running. The creators are likely to shift their focus on resolving other issues related to Ethereum that would further finetune its working and use cases. Scaling solutions for the blockchain and opening up withdrawals of staked … Read more
Binance US, a US-based subsidiary of the world’s largest cryptocurrency exchange, is now offering Ethereum staking with an annual percentage yield (APY) of 6 percent — a figure which is a sizable step above major competitors like Lido and Coinbase which offer 3.5 percent and 3.25 percent APY, respectively. In an announcement, Binance US said … Read more