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Altcoins Cryptocurrency Updates

Binance Unveils $500,000 Crypto Airdrop, Marking a Dynamic Shift into DeFi

Sean Williams December 5, 2023

Binance has announced a $500,000 crypto airdrop for users utilizing its new Web3 wallet for swapping. The airdrop is part of Binance's push into decentralized finance (DeFi), and it comes amidst…

DeFi Updates

Decentralized Finance (DeFi) Rebounds to $50 Billion, Signaling Renewed Investor Confidence

Joe M December 5, 2023

In a remarkable turnaround, the total value locked (TVL) in decentralized finance (DeFi) protocols surpassed $50 billion on Tuesday, marking a six-month high and reigniting investor interest in this rapidly…

Crypto Exchange Updates

Crypto Exchange Binance to Exit U.S., Pay Billions in Fines, and Appoint Monitor

ChainAffairs November 30, 2023

In a significant move, cryptocurrency exchange Binance has agreed to exit the U.S., pay billions in fines, and appoint a monitor for five years to settle charges with U.S. regulators.…

IOTA Updates

IOTA Launches $100 Million Foundation in Abu Dhabi to Foster DLT Growth in Middle East

Joe M November 29, 2023

IOTA establishes a $100 million foundation in Abu Dhabi to accelerate the adoption of its distributed ledger technology (DLT) in the Middle East. The foundation aims to promote IOTA's DLT…

Business Regulations Updates

Cryptocurrency Exchange Binance Faces Regulatory Heat in the Philippines

Sean Williams November 29, 2023

The Philippines Securities and Exchange Commission (SEC) has warned against cryptocurrency exchange Binance, stating that it is operating without the necessary licenses and approvals in the country. The SEC has…

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