Binance bags its 21st global crypto license in Brazil

Binance fortifies its presence in Brazil with approval to acquire Sim;paul, a licensed broker-dealer. On Dec. 2, Binance announced that it had received full regulatory approval from the Banco Central do Brasil, Brazil’s central bank, to acquire a domestic financial institution. This move highlights Binance’s ongoing efforts to expand its global footprint. According to Binance […]

African crypto revolution continues as Ethiopia ranks among global BTC mining leaders

2024 was a pivotal year for Ethiopia as it generated around $1 billion in BTC mining profits due to its access to cheap, reliable, and renewable energy sources. Africa is a region producing fintech unicorns that provide the highly unbanked (and equally highly “smartphonized”) population and merchants with payment solutions. Companies like TymeBank, Moniepoint, and […]

OKX achieves milestone year in global expansion and innovation, despite challenges

Record app downloads, millions of users, and new in-app features mark the year of recovery and drive OKX’s success. With millions of new users and an impressive 122% year-over-year rise in app downloads, OKX’s 2024 has been a transformative year characterized by resilience and innovation. The CEO of OKX, Star Xu, stated, “Despite the challenges, […]

Hash Global fuels DataDance’s vision with multi-million dollar investment

DataDance raises millions with Hash Global’s backing to shake up the world of decentralized data. DataDance, a layer-2 blockchain network focused on revolutionizing consumer data asset services, has secured a multi-million-dollar seed funding round led by blockchain giant Hash Global. This funding marks a significant step forward for DataDance, positioning it as a key player […]

BiT Global sues Coinbase for $1b over WBTC delisting

Justin Sun-backed BiT Global has sued crypto exchange Coinbase for unfairly delisting WBTC to uplift a competing Bitcoin product. BiT Global launched a $1 billion lawsuit against Coinbase, alleging the U.S. crypto exchange illegally replaced its Wrapped Bitcoin (WBTC) product with a “knock-off” cbBTC token. Wrapped Bitcoin was the first tokenized Bitcoin (BTC) asset in […]

Global think tank proposed Bitcoin reserve to Amazon

A global think tank proposed Amazon to include Bitcoin into its strategic reserve by next year. This proposal is the same as Microsoft’s proposed by Michael Taylor a few weeks ago. The National Center for Public Policy Research, an independent global conservative think tank based in Washington D.C, has proposed the Bitcoin (BTC) strategic reserve […]