The governing body of Injective recently approved a significant revision to its token economics, introducing the INJ 3.0 system. This change will substantially modify Injective’s economic framework. The community-driven choice aims to boost the deflationary aspect of the INJ token noticeably. INJ 3.0 has been launched on the mainnet, making $INJ a noteworthy deflationary cryptocurrency … Read more
During the period from October to March, WazirX, the leading cryptocurrency exchange in India by trading volume, reported receiving approximately 1,700 investigative requests from both domestic and international law enforcement agencies. On Tuesdays, WazirX’s latest Transparency Report unveils a perfect record in addressing data requests, as indicated in the document. The report discloses that the … Read more
The Blockchain Association and the Crypto Freedom Alliance of Texas have initiated a lawsuit against the U.S. Securities and Exchange Commission. Two opposing sides argue that a recent rule set by the SEC, effective from February, may harm the crypto sector. This new regulation applies federal securities legislation to market players with substantial functions in … Read more
Experienced users on Binance, the globally prominent crypto exchange with the highest trading volume, now have access to the long-awaited spot copy trading tool. Eligible traders, identified by significant portfolio sizes, can utilize this feature. A comprehensive launch for all users is projected for May 2024. Introducing a new addition to Binance’s collection of automated … Read more
Venezuela’s state-owned oil company, PDVSA, is using Tether as a way to bypass US sanctions and secure oil deals, drawing criticism and apprehension due to the potential risks associated with relying on intermediaries. Venezuela’s Response to Sanctions To bypass U.S. sanctions, Venezuela has chosen to use the cryptocurrency Tether (USDT) for its external business deals, … Read more