Features Today TheBitTimes.com

As significant events are unfolding in the crypto arena, investors have found a safe haven in Tradecurve (TCRV), a new project. The project’s presale has become an instant hit, and its TCRV tokens are getting subscribed heavily. On the contrary, the market health of Binance (BNB) and PancakeSwap (CAKE) has severely slumped. In this article, we will look into these PR ojects to find out their growth PR ospects in 2023. Register For The Tradecurve Presale Binance (BNB) Requests Court to Reject SEC’s Restraining Order Binance (BNB) has appealed to the court to reject the restraining order of the U.S. Securities and Exchange Commission (SEC), which freezes the company’s assets. Binance has stated that the restraining order by the SEC would effectively end the company’s operations in the US, putting customers at risk. This has come a few days after the SEC filed a lawsuit against Binance, and its CEO, Changpeng Zhao, for violating US laws. This restraining order caused a liqui

The popularity of liquid staking tokens could usher in a new age for Ethereum and the rest of cryptocurrency — and play a key role in the new bull market. Before we know it, liquid staking tokens (LSTs) are going to replace Ethereum’s native cryptocurrency, Ether (ETH). The LST market is already worth approximately $17 billion, and it has grown continuously since Ethereum’s Merge. While LSTs are just beginning to hit their stride, their advantages over traditional ETH will soon become clear to liquidity providers (LPs), toppling ETH from its throne and ushering in a new era of LST domination. Since the Merge, ETH can now be staked to produce a roughly 4% annual yield, depending on factors of network activity, total ETH staked, number of validators and the value captured by maximum extractable value. This development is significant because of the nature of ETH as a generally stable asset. Many cryptocurrencies are more volatile, so owners have to consider both yield and whether the pri

LUNC token circulating supply is 5.81 trillion and the total supply is 6.84 trillion LUNC. However, the community still needs to increase utility to increase the LUNC burn rate. advertisement Total LUNC Burn Hits 70 Billion Milestone After the May 2022 Terra-LUNA Crisis and Do Kwon separating the chain from TFL, the community took responsibility and started a burn campaign along with other Features such as staking last year. Terra Luna Classic is managed by community-approved developers, as well as trusted validators and members. Terra Luna Classic burn campaign now reaches the 70 billion LUNC milestone as crypto exchanges, validators, projects, and members burn LUNC by sending it to the burn address. The community burns on average 400 million LUNC per week, with Binance sending billions to the burn address as part of its monthly LUNC burn mechanism. Binance burned over 2.65 billion LUNC tokens in the 11th batch of the LUNC burn mechanism on July 1, with the

UK And Singapore Coming Together For Crypto As part of their collaboration, the nations are exploring their respective approaches to central bank digital currencies ( CBDC s), the digital counterpart of a country’s fiat currency. Recognizing the crucial need for a standard framework, they’re rallying support from international standard-setting bodies like the International Organization of Securities Commissions and the Financial Stability Board. advertisement This crypto alliance isn’t the only frontier on which the UK and Singapore are joining hands. They’ve also committed to maintaining dialogue and collaboration in fields such as sustainable finance, fintech, and innovation. The development of blended finance and addressing the needs of Asia’s energy transformation remains Singapore ’s major priorities. This goal is one of the projects included in the MAS’s Finance for Net Zero Action Plan (FiNZ Action Plan), which aims to use green and transition financing t

Swisstronik, a legal compliance, data privacy, and interoperability-oriented layer-1 network, has released its testnet 1.0 and a $70K bug bounty program per a recent press release. The platform aims to drive real-world adoption of blockchain technology by providing a reliable, user-friendly, and secure network that tackles the challenges related to legal compliance, data privacy, and interoperability without the need for legal consultation. Swisstronik launches testnet 1.0 The testnet allows developers to build applications with robust encryption and enterprise-grade transaction security while maintaining privacy. The testnet launch is timely since interest in networks capable of high privacy and regulatory compliance is rising. Conventional privacy solutions often emphasize anonymity, which sometimes conflicts with the regulatory requirements of some regions. You might also like: Bank of England’s Project Rosalind results out, digital pound plans in progress With the

Streamlined Internal Invoice Settlement  In the news release, Jim Kessler , Vice President of Currency Risk Analytics at Corpay, underlined how simple it is to use the Netting Manager. In contrast to conventional systems that can take months to adopt, the tool’s streamlined and user-friendly design enables firms of all sizes to do so in a couple of days. advertisement One of the Netting Manager’s major advantages is its seamless interface with the most popular core accounting systems used by organizations, which makes intercompany netting simple and effective. The solution greatly lowers costs and eliminates float, resulting in significant savings for firms engaged in cross-border activities. It does this by integrating transactions and eliminating the need for multiple payments and banks. To improve its cross-border services, Corpay, formerly known as Cambridge Global Payments, signed a partnership agreement with Ripple as early as October 2020. Corpay joined

Join Our Telegram channel to stay up to date on breaking news coverage Craig Wright, who continues to claim to be the creator of Bitcoin, Satoshi Nakamoto, recently hit a major obstacle in his legal case against two major crypto exchanges, Coinbase and Kraken. Wright was unable to prove to the UK High Court judge that he had the funds necessary to cover the potential legal fees that would come with his lawsuit. In a preliminary judgment, the Hon. Mr Justice Mellor, ordered Wright International Investments, Craig Wright’s company, to provide two security deposits. One included £250,000 for a lawsuit against Coinbase, while the other was £150,000 for a lawsuit against Kraken. However, the judge did not make the same order against Wright himself, saying: I was not satisfied by the evidence from the Cs filed in support of the contention that C2 [WII] was resident in the UK or that (assuming such residence) it has any degree of permanence. The nature of whatever business C2 has c

Dan Gambardello predicted that ADA’s underperformance may come to an end in the next few weeks. The analyst warned that ADA’s price could drop to below $0.20 if it does not break above the 20-week and 50-week EMAs. ADA’s price stood at $0.3017 after it dropped 0.66% over the past 24 hours. The cryptocurrency trader and analyst Dan Gambardello predicted in his latest Analysis that Cardano (ADA) holders’ pain could be coming to an end, especially from a macro perspective. Although the end of ADA’s underperformance over the past few months may soon reach its end, the analyst did caution that one last potential move to below $0.20 may be in the cards. Gambardello mentioned that ADA’s short-term prospects remain gloomy. However, from a longer-term perspective, the altcoin’s charts suggested that the cryptocurrency still had a vast amount of potential to print gains for value investors, according to the analyst. One event that Gambardello speculated will initi

In a clash between blockchain enterprise Quantstamp and the U.S. SEC, the murky legal waters of initial coin offerings and crypto regulations come to the forefront. Another legal skirmish has unfolded, this time involving the U.S. Securities and Exchange Commission (SEC) and a blockchain security enterprise Quantstamp. Coming on the heels of the long-anticipated ruling concerning the SEC’s allegations against Ripple, this development reinforces the precarious legal environment surrounding initial coin offerings (ICOs). You might also like: Ripple CEO questions SEC’s crypto jurisdiction as Gensler requests more funding On July 21, the SEC, the regulatory body for securities in the United States, filed charges against Quantstamp for allegedly conducting an unauthorized ICO in 2017. The company is accused of amassing over $28 million by selling QSP tokens to approximately 5,000 investors. These funds were purportedly meant to foster the creation of an Ethereum (ETH) blockc

Critics of the Securities and Exchange Commission (SEC) are honing in on an obscure rule introduced in a staff accounting bulletin, labeled SAB 121, that made it unusually difficult for banks to custody crypto. Believers in Operation Chokepoint 2.0, a conspiracy theory that the US government conspired to impede the crypto industry’s access to banks, believe SAB 121 is evidence to support their claims. The SEC published the staff accounting bulletin on March 24, 2022, and it went into effect the following month. Critics say the guidance makes digital asset custody services untenable for banks. State Street has $40 trillion in digital assets in custody for customers. If it followed the rules outlined in SAB 121, according to believers in Operation Chokepoint 2.0, it would have to effectively put assets worth more than the US national debt on its balance sheet. However, this sensational interpretation misses the language of SAB 121 which, in fact, does not specify how much of a liabil

As per the court filing on Monday, July 24, the response to the CFTC complaint will be due by July 27. As a result, the defendants are planning to submit the motion to dismiss the lawsuit. Citing the complexity of the case, the defendants also sought permission to exceed the 15-page limit. advertisement In its lawsuit filed in March this year, the CFTC argued that Binance and its CEO Changpeng Zhao broke the US derivative rules while expanding its footprint and becoming the world’s largest crypto trading platform. The derivatives regulator said that Binance should have registered with the agency years ago. However, in the past, Binance referred to the CFTC lawsuits as “unexpected and disappointing”. Binance In A Web of Regulatory Concerns Last month, the U.S. Securities & Exchange Commission accused Binance and its CEO, Zhao, of mishandling customer funds, misleading investors, and breaking securities rules. Binance has stated that it will vigorously d

Maker (MKR) stats show significant deposits, swaps, and accumulations carried out by major players in the crypto market.   In recent days, MakerDAO Founder RuneKek has been involved in noteworthy swaps, according to data from Spot on Chain. He acquired 1,613 MKR by swapping a total of 1.61 million DAI, averaging $998.2 per MKR. Moreover, he removed 300.7 MKR and 305.8K DAI from the Uniswap liquidity pool, indicating a strategic move on his part.  MakerDAO Founder @RuneKek swapped another 200K $DAI to 213.2 $MKR at $938.2 on avg 14 hours ago. He then added $445 $MKR and $420K $DAI for liquidity on #Uniswap. Overall, the founder has swapped 820K $DAI to 833.9 $MKR over the past 3 days.https://t.co/L5tzaGMxvs https://t.co/vVvbehoYqV pic.twitter.com/CRw0Kr0K6x — Spot On Chain (@spotonchain) July 19, 2023 Venture Capital firm a16z has reportedly transferred 1.5K MKR daily to Coinbase in the past four days at an average price of $970.35 (approx. $5.83 million). Additionally, the firm

Miles Deutscher revealed that he is bullish on DOGE, SHIB, PEPE and FLOKI in a recent analysis. According to Deutscher, PEPE may be the top performing meme coin in the next few months. SHIB’s push to become an ecosystem could give investors a lot to look forward to, predicted the analyst. Miles Deutscher from Crypto Banter shared which meme coins he is bullish on in a YouTube video uploaded in the past 24 hours. In the Analysis , he revealed that he is bullish on Shiba Inu (SHIB), FLOKI, Pepe (PEPE) and Dogecoin (DOGE). He also ranked the meme coins based on their potential gains in the coming few months. In his Analysis , Deutscher ranked PEPE as the meme coin to watch, while DOGE occupied the number 2 position on the list. Lastly, FLOKI and SHIB were tied at 3rd. The reason he is so bullish on PEPE is because he believes the project’s team timed their entry into the market perfectly. In addition to this, the analyst noted that the meme coin has a stro