Binance delists 4 spot trading pairs
Binance removed and ceased trading on the following spot trading pairs at July 5 3:00 (UTC): POWR/BUSD, QKC/BUSD, SC/BUSD, STEEM/BUSD.
AI-generated fake news sparks rumors of Gary Gensler’s resignation
On July 1, a news story appeared on a website dubbed “CryptoAlert” claiming that Gensler had “submitted his resignation following an internal investigation”. However, this was just fake news as the vast majority of the article’s text was generated by AI.
Belarus is building up to a partial crypto ban
Belarus’s Ministry of Internal Affairs said that fraudsters were using P2P crypto services to cash out dirty funds. The body was working on legislation to prohibit transactions for the “exchange of cryptocurrency between individuals.”
Binance lists PENDLE on Binance Launpool
Pendle is a decentralized yield-trading protocol that allows users to gain profits from staking and derivatives trading.
Thailand’s SEC issued new regulations to protect investors
Thailand’s Securities and Exchange Commission (SEC) has introduced new regulations to ensure investor protection from digital asset service providers.
Blackrock refiled Bitcoin ETF Application
Blackrock has updated and refiled its Bitcoin ETF application following a report last week that the SEC deemed earlier proposals “inadequate” since they didn’t specify the name of the underlying market in so-called surveillance-sharing agreements. In the new application, Blackrock has chosen Coinbase as the partner for the surveillance-sharing agreements.
Binance Australia Offices searched by regulator
Binance’s offices in Australia were searched by the country’s financial markets regulator as governments around the world turned up the heat on the biggest crypto exchange.
Blackrock CEO sees Bitcoin as digital gold
BlackRock CEO Larry Fink said he wants to work with regulators about the company’s plan for Bitcoin-based ETF. He also said he sees Bitcoin as digital gold.
Binance stops depositing and withdrawing of Multichain tokens
Binance suspended support for deposits and withdrawals of Multichain cross-chain bridge tokes from July 7.
Binance CEO Changpeng Zhao predicts bitcoin bull run
In a recent Twitter Space session, Binance CEO Changpeng Zhao, CZ, predicted the upcoming bitcoin bull market. He noted that bitcoin tends to follow four-year cycles and highlighted the significance of the next Bitcoin halving event in 2024. While CZ acknowledged that he couldn’t predict the future with certainty, he anticipated that the next bull market would start around 2025.
Multichain suspected of being hacked, MULTI continues to plunge
Multichain has indefinitely halted its services after recognizing an unusual movement of a large number of tokens from its bridging networks to an unidentified address.
Binance CEO talks about the process of listing crypto on Binance
Binance prioritizes listing projects that are supported by users. He emphasized that Binance is more interested in supporting projects that build powerful, viable products and attract a significant number of users.