Cybercrime Atlas: A Collaborative Effort Against Global Cyber Threats
Binance Blog published a new article, highlighting the collaborative initiative known as the Cybercrime Atlas, which aims to disrupt the global cybercriminal ecosystem through open-source intelligence and cross-sector partnerships. This initiative, hosted by the World Economic Forum, seeks to enhance threat mitigation efforts by uniting private enterprises, law enforcement, and policymakers. Binance, along with other key players, actively contributes to identifying vulnerabilities and fostering
Binance Web3 Wallet launched a staking campaign with Solv Protocol, offering $300,000 in rewards. The campaign will run from November 14, 2024, 00:00 UTC to November 27, 2024, 23:59 UTC, and is open to users who stake a minimum of 0.0002 BTCB on the Binance Web3 Wallet Simple Yield Solv Staking Pool during the promotional period. Participants will be ranked based on their average SolvBTC staking amount on the BNB Smart Chain, with rewards distributed according to rankings. Users can earn up to $
According to BlockBeats, Federal Reserve Chair Jerome Powell is scheduled to participate in a discussion on November 15 at 4:00 AM UTC+8. This event marks his first public address since the Federal Open Market Committee (FOMC) meeting in November. Powell is expected to share his insights on recent economic data during this session.
Binance Launches Usual (USUAL) on Launchpool with Pre-Market Trading to Follow
November 14, 2024 — Binance has officially announced the launch of Usual (USUAL), a decentralized fiat stablecoin issuer, as its latest project on Binance Launchpool. Users will soon have the opportunity to earn USUAL tokens through airdrops by locking their BNB and FDUSD assets.Key Dates and DetailsFarming Period: Users can begin staking BNB and FDUSD for USUAL airdrops starting November 15, 2024, at 00:00 (UTC).Pre-Market Trading: Binance will initiate Pre-Market trading for the USUAL/USDT pai
Potential Impact of New U.S. Cryptocurrency Regulation
According to BlockBeats, on November 14, Jack, the deputy editor of BlockBeats, discussed the recent developments in U.S. cryptocurrency regulation during a recording of the Silicon Valley 101 podcast. In May, the "FIT for the 21st Century Act" was passed by a bipartisan vote in the U.S. House and Senate. This legislation aims to clarify the regulatory framework for cryptocurrencies, distinguishing between what constitutes a cryptocurrency and what is considered a security. This clarity is cruci
According to BlockBeats, there are reports suggesting that Gulf oil-producing nations such as Saudi Arabia, the United Arab Emirates, and Qatar may be purchasing Bitcoin at a sovereign level. This development is anticipated to be officially disclosed during the Abu Dhabi Bitcoin Summit, scheduled for December 9-10. The sovereign wealth funds of these countries, namely Saudi Arabia's Public Investment Fund (PIF), the Abu Dhabi Investment Authority (ADIA), and Qatar Investment Authority (QIA), col
Ethereum (ETH) Drops Below 3,200 USDT with a Narrowed 0.82% Increase in 24 Hours
On Nov 14, 2024, 08:48 AM (UTC), according to Binance Market Data, Ethereum (ETH) has dropped below 3,200 USDT and is now trading at 3,194.080078 USDT, with a narrowed 0.82% increase in 24 hours.
Royal Malaysia Police, Binance Recover $1.6 Million Kidnapping Ransom in Landmark Crypto-Tracing Operation
According to an official announcement: The Royal Malaysia Police (RMP), in partnership with Binance, has recovered approximately $1.6 million in ransom funds from a recent high-profile kidnapping case. The successful operation, involving the tracing of digital assets on blockchain networks, underscores the critical role of public-private partnerships in tackling cross-border crime and digital asset exploitation.RMP and Binance Collaboration Uncovers Ransom TrailThe case began on October 13, when
Bitcoin (BTC) Surpasses 91,000 USDT with a 4.42% Increase in 24 Hours
On Nov 14, 2024, 08:05 AM (UTC). According to Binance Market Data, Bitcoin (BTC) crossed the 91,000 USDT benchmark and is now trading at 91,096.882813 USDT, with a narrowed 4.42% increase in 24 hours.
IIF Warns of Potential U.S. Debt Increase Under New Presidency
According to BlockBeats, on November 14, analysts from the International Institute of Finance (IIF) expressed concerns about the economic policies of the incoming U.S. president. The analysts highlighted that the proposed tax cuts, intended to reduce inequality without corresponding spending cuts, could lead to a significant increase in U.S. national debt. Currently, the debt stands at approximately 100% of GDP, but projections suggest it could exceed 135% within the next decade.The IIF also war
Institutional Investors Show Growing Interest in Cryptocurrency
According to Cointelegraph, a recent survey by Swiss crypto bank Sygnum reveals a growing interest in cryptocurrency among institutional investors. The annual Future Finance survey, released on November 14, indicates a positive shift in market sentiment towards digital assets. The survey, which gathered responses from 400 institutional investors across 27 countries, found that 57% of respondents plan to increase their crypto allocations. Of these, 31% expect to do so within the next quarter, whi
Bitcoin (BTC) Surpasses 90,000 USDT with a 3.02% Increase in 24 Hours
On Nov 14, 2024, 07:41 AM (UTC). According to Binance Market Data, Bitcoin (BTC) crossed the 90,000 USDT benchmark and is now trading at 90,017.382813 USDT, with a narrowed 3.02% increase in 24 hours.
BNB Surpasses 650 USDT with a 8.15% Increase in 24 Hours
On Nov 14, 2024, 07:37 AM (UTC), according to Binance Market Data, BNB crossed the 650 USDT benchmark and is now trading at 652.700012 USDT, with a narrowed 8.15% increase in 24 hours.
Fed's December Rate Cut Faces Debate Amid Inflation Concerns
According to BlockBeats, Nick Timiraos, a prominent journalist from The Wall Street Journal, recently reported that consumer prices in October showed a slight increase after recording the slowest growth in three and a half years last month. This indicates that inflation continues to decline on an uneven and challenging path. The latest report may not be sufficient to prevent the Federal Reserve from implementing another rate cut in December. However, the combination of robust consumer spending a
According to PANews, a substantial volume of Bitcoin (BTC) and Ethereum (ETH) options is scheduled to expire tomorrow, with a combined nominal value of approximately $3.96 billion. The BTC options alone account for a nominal value of $3.39 billion. The put-call ratio for these BTC options stands at 0.83, with the maximum pain point identified at $79,000.Meanwhile, the ETH options set to expire have a nominal value of $572 million. The put-call ratio for these ETH options is 0.93, with the maximu
BNB Surpasses 640 USDT with a 6.31% Increase in 24 Hours
On Nov 14, 2024, 07:33 AM (UTC), according to Binance Market Data, BNB crossed the 640 USDT benchmark and is now trading at 641.059998 USDT, with a narrowed 6.31% increase in 24 hours.
Federal Reserve Bank President Reconsiders Stance on Cryptocurrency
According to Odaily, Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, has long been a vocal critic of Bitcoin and other cryptocurrencies, labeling them as "worthless," "fraudulent," and "meaningless." However, Kashkari has recently indicated a shift in his perspective, stating that he is open to reconsidering his views. Despite this openness, he continues to question the significance of cryptocurrencies.Kashkari pointed out that the cryptocurrency industry has been around for
Peter Schiff's Bitcoin Remarks Spark Online Debate
According to BlockBeats, on November 14, renowned Bitcoin skeptic Peter Schiff took to social media to make a satirical suggestion that the United States Social Security Fund should convert its $2.7 trillion holdings into Bitcoin reserves. This statement quickly garnered attention, with over 5,000 likes on the post. Schiff later questioned how many of those who liked the post genuinely supported the idea versus those who appreciated the irony and humor in his statement.The post sparked a lively
UK to Announce Cryptocurrency Regulation Plans Amid U.S. Competition
According to BlockBeats, the UK government is set to unveil its plans for regulating the cryptocurrency industry later this month. This move aims to address the growing appeal of the US crypto market under the leadership of Donald Trump and to reassure businesses about their prospects in the UK.Sources familiar with the matter have indicated that the UK Treasury is preparing to introduce two pieces of legislation concerning stablecoins. Additionally, there are plans to include exemption clauses
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