Binance completes Polygon wallet integration

Binance has fully integrated the Polygon (MATIC) mainnet onto its platform, according to a press release. From now on, Binance traders can deposit and withdraw MATIC through their Binance accounts while also interacting with decentralized applications, or DApps, like Sushiswap, Balancer, Aave, and more.  This integration is meant to ensure that traders can utilize said … Read more

Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million

Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs authority announced Thursday that it is seeking brokers to sell 1,981 bitcoins seized in drug busts, Bloomberg reported, noting that the coins were forfeited to the state by court order. … Read more

NFTs can be a good pathway to draw women into crypto, says Lavinia Osbourne

Women looking for a way to enter a male-dominated space like crypto and blockchain may be drawn in by nonfungible tokens, according to Women in Blockchain Talks founder and host Lavinia Osbourne.  Though the ongoing pandemic has left people in many countries in financial trouble — whether by losing their jobs, being unable to physically … Read more

Malaysia Takes Enforcement Actions Against Binance, Advises Investors to ‘Withdraw All Investments Immediately’

The securities regulator of Malaysia has taken enforcement actions against the global cryptocurrency exchange Binance. Noting that the exchange is operating illegally in the country, the regulator has advised those who currently have accounts with Binance “to immediately cease trading through its platforms and to withdraw all their investments immediately.” Malaysia Issues Public Reprimand Against … Read more

Digital Asset Firm OKEx Reveals that OKExChain Hit Over $1B in Total Value Locked in Past 24 Hours

The team at digital assets firm OKEx reveals that OKExChain (OEC) has hit over $1 billion in total value locked (TVL) in just the past 24 hours. As previously reported, OKExChain is a set of open-source blockchain projects developed by OKEx. They aim to support the development of large-scale commercial apps based on blockchain or … Read more

Biden Administration Looks to Help Pay for Infrastructure Plan with Tax Enforcement of Cryptocurrency Transactions

President Joe Biden published more details on the pending infrastructure deal while indicating he intends to offset the substantial cost by various fees including “strengthening tax enforcement when it comes to cryptocurrencies.” In a speech, President Biden said: “This agreement will help ensure that America can compete in the global economy just when we are … Read more

Cardano risks 60%-90% drop, warns trader with ADA painting a classic bearish pattern

Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The project’s founder Charles Hoskinson confirmed that they recently processed the sales of more than $10 million worth of non-fungible tokens atop their public ledger. Moreover, SundaeSwap, the first DeFi DEX to utilize Cardano smart contracts … Read more

Paypal Unveils Plans to Expand Cryptocurrency Services With ‘Super App’ and Open Banking Integration

Payments giant Paypal has outlined its plans to expand cryptocurrency services, including via a new wallet “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. “We continue to be really pleased with the momentum we’re seeing on crypto and we’re obviously adding incremental functionality into that,” said Paypal’s CEO. Paypal Reveals Crypto Plans, … Read more