Crypto

Turkish adults are increasingly turning to cryptocurrency investments as the country continues to suffer from soaring inflation. According to a recent survey conducted by major crypto exchange KuCoin, over half of the Turkish population is now participating in the crypto market. This represents a 12% surge in the number of crypto investors in the country over…

Binance, the largest cryptocurrency exchanges in the world, has revealed intentions to delist eight Binance USD (BUSD) trading pairs as part of a broader plan to withdraw full support for the stablecoin by 2024. In a Wednesday blog post, the company revealed that Binance Margin will suspend AMB/BUSD, DASH/BUSD, FIDA/BUSD, HARD/BUSD, HOT/BUSD, IOST/BTC, NULS/BUSD, PORTO/BUSD…

South Korean prosecutors have asked a court to arrest an ex-pro golfer and a top executive at Bithumb, one of the country’s leading crypto exchanges.YTN reported that the Seoul Southern District Prosecutors’ Office’s Financial Investigation Department wants to try golfer Ahn Seong-hyun and Lee Sang-jun (54), the CEO of Bithumb…

Worldcoin, co-founded by Sam Altman, has reported a single-day record of approximately 9,500 Argentinians successfully verifying their World ID despite ongoing investigations into the project over data privacy concerns. Worldcoin sign-ups in Argentina, averaging at one verified individual every 9 seconds, propelled the World App, the project’s inaugural wallet, to temporarily…

China is readying a fresh digital yuan adoption push ahead of next month’s Asian Games, with the nation ready to show off its CBDC to a large international audience for the first time.Citizens in the pilot zones will be able to buy tickets for the event using the central bank’s…

The U.S. Securities and Exchange Commission (SEC) is set to make initial rulings this week on several proposed Bitcoin exchange-traded funds (ETFs).The regulatory body is set to either sanction, reject, or postpone verdicts on Bitcoin ETF submissions by leading financial firms such as BlackRock, Fidelity, and Bitwise.With the anticipated macroeconomic…

© 2024 Finances Smart. All Rights Reserved.