StarkNet [STRK] Increases Activity: Are Merchants Preparing for A Public Launch?

The number of active addresses on the StarkNet network increased by 1168% in the last 30 days. The StarkNet Foundation remained undecided on how to distribute the rewards, though merchants have taken a position. Ever since StarkNet [STRK] deployed its token on the Ethereum [ETH] Mainnet, there has been an incredible amount of focus on […]

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Will Russia Overtake the US as the Leading Bitcoin Mining Country?

In the first three months of 2023, Russia was the second largest Bitcoin miner after the United States. US-based crypto mining companies are facing increasing pressure from regulators and tax authorities. The Russian government, on the other hand, recently agreed to tax breaks, as well as subsidies, for a major new mining facility in the […]

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Venezuela Fires Employees of State Cryptocurrency Division

According to former employees, a case of corruption in the public body led the government of Nicolás Maduro to reorganize SUNACRIP’s attributions. The National Superintendence of ‘Cryptoactives and Related Activities’ (SUNACRIP, by its acronym in Spanish), Venezuela’s state cryptocurrency division, has intensified its layoffs of staff following a recent corruption scandal. With the news, employees […]

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Binance.US Cannot Find a Partner Bank after Signature Bank’s Collapse

According to the Wall Street Journal, the recent Silvergate and Signature Banks collapses had left Binance.US without banking services, relying on intermediary banks to store funds on its behalf. In the case of Signature, it was intervened by New York state authorities to “protect depositors,” according to the Department of Financial Services (DFS). While Silvergate […]

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License Withdrawal and Lawsuits: Will Binance Go Down?

Recently, the cryptocurrency exchange has had problems in Australia. The Binance cryptocurrency exchange has become by far the largest cryptocurrency trading venue in almost 6 years. However, during its rapid rise, the company has often traded integrity for rapid growth. License withdrawals, lawsuits, and other critical attacks on the company are now piling up, suggesting […]

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