Binance Labs invests in BounceBit to advance Bitcoin utilization

Binance Labs invests in BounceBit to transform Bitcoin’s role with innovative solutions. Binance Labs, the investment and nurturing wing of Binance, has put money into BounceBit, a Bitcoin earning and cDeFi (centralized decentralized finance) platform. “BounceBit unlocks new avenues for Bitcoin’s utilization with the fusion of cefi and defi.” Yi He, Co-Founder of Binance and … Read more

Bitfinex launches tokenized debt for El Salvador’s new Hilton hotel

Bitfinex Securities is initiating a token sale for a debt investment opportunity to finance the building of a new Hilton hotel. Based on Bitfinex’s announcement, a new hotel is scheduled to open at El Salvador International Airport. The associated token, with ticker HILSV, will be up for sale in return for U.S. dollars and USDT … Read more

Kraken to Delist XMR in Belgium and Ireland on June 10th

Kraken notifies users in Belgium and Ireland that they will be removing the privacy coin XMR from their cryptocurrency exchange offerings starting May 10th. Transactions involving XMR will no longer be permitted as of this date. The delisting process is set to be completed by June 10th. Users with near positions on Margin trading Kraken’s … Read more

Galxe launches Identity Protocol to boost user control, privacy

Galxe unveils the debut of Identity Protocol, offering a user-focused identity system prioritizing privacy, security, and self-rule. Through Zero-Knowledge Proofs (ZKP), Galxe Identity Protocol enables users to manage their digital identities and personal information during verifications in public domains. As stated in the company’s blog, this innovation gives users more control over their digital identity … Read more

Kraken to delist Monero in Belgium, Ireland

Starting from June 10, Kraken will remove the privacy cryptocurrency Monero from its listing in response to EU regulations aimed at preventing money laundering in Belgium and Ireland in accordance with the anti-money laundering rules. Kraken notified users that Monero (XMR) deposit and trading activities will be temporarily halted starting May 10. However, they can … Read more