Category: Crypto Currents
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Binance Suspends Staff to Combat Insider Trading
Binance takes action against insider trading and market manipulation, reinforcing control mechanisms and encouraging whistleblowing.
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Kentucky Enacts Bitcoin, Ethereum Self-Custody Law
Kentucky’s House Bill 701 strengthens crypto self-custody rights, shielding users from local laws. Other states also delve into crypto regulations with diverse legislative approaches.
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Binance Unlists Market Maker for Movement’s MOVE Token
Binance delists market maker for MOVE token, impacting its liquidity and trading volume.
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Movement Network Buys Back Tokens with $38M Recovery
Movement Network initiates $38 million buyback of MOVE tokens following fund recovery from a sanctioned market maker.
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Arbitrum DAO Considers Ending Unstable Web3 Gaming Fund
Arbitrum’s DAO debates ending Gaming Catalyst Program due to poor results, impacting Web3 gaming investments.
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SBI Group to Launch USDC Stablecoin in Japan March 26
SBI Group and Circle collaborate to introduce USDC stablecoin in Japan on March 26, marking the country’s first approved global stablecoin, enhancing Web3 adoption.
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Nillion’s NIL Token Drops 12% Post-Launch, But ‘Blind Computing’ Shines
Nillion’s NIL token experiences a 12% drop following its mainnet launch, yet its ‘Blind Computing’ feature stands out for secure data computation and privacy in AI.
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Kentucky Passes Bitcoin Rights Bill Into Law
Kentucky enacts Bitcoin Rights bill safeguarding user rights for self-custody and against discrimination. Oklahoma and Arizona follow suit with similar legislation for state Bitcoin reserves.
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Mt. Gox Transfers $1B in Bitcoin: Price Holds at $87K
Mt. Gox moves $1B Bitcoin, price steady at $87K.
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Binance Employee Suspended for Trading Misconduct
Binance employee suspended for insider trading during token launch, leading to profits. No team-wide misconduct found. Whistleblowers rewarded with $100,000 for cooperation.
