[ad_1] Binance, the largest crypto exchange by trading volume metrics, has strengthened its compliance regulations for users in South Africa, aligning with the country’s regulatory demands. The development comes four years after the exchange’s legal engagements with South African regulators, culminating in Binance amending its offerings. Binance Tightens Compliance for South African Users Binance announced stricter regulations for its users in South Africa. Effective April 30, users must provide detailed information on both the sender and receiver of any crypto transactions on the exchange. “In adherence to local regulatory requirements, Binance will gradually introduce changes to crypto withdrawal and deposit…
Author: NBTC
[ad_1] Bitcoiner Samson Mow published a tweet, suggesting that even if top altcoins had a total coin supply similar to that of Bitcoin, BTC would still beat them in terms of price per coin. Mow stated that most altcoins are taking advantage of the so-called unit bias – a psychological effect which appears since due to their huge supplies of billions and sometimes even trillions on coins the price per one coin seems cheaper than that of one BTC. If this bias is removed, he says, then mathematically, these altcoins should be worth several thousand of dollars each. But Mow…
[ad_1] This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Restaking is evolving. What started as an Ethereum-native capital efficiency play is now transforming into a cross-chain economic coordination layer that spans protocols, assets and use cases. Symbiotic announced today a $29 million Series A, led by Pantera Capital, to launch its Universal Staking Framework. The move goes toward supporting any asset securing any network — L1 or L2, modular or integrated. Symbiotic is active on 14 networks, a number expected to more than double in the coming months, providing programmable slashing, cross-chain collateral composition and…
[ad_1] Blockchain infrastructure provider Reservoir is sunsetting its NFT services just two months after raising $14 million to expand its tools to new marketplaces. Reservoir, a crypto infrastructure startup that secured $14 million in Series A funding earlier this year, will shut down its NFT API and associated services on Oct. 15, the project revealed in an X announcement on Thursday, April 24. “After much consideration, we’ve decided to sunset Reservoir NFT, the API, and associated services on October 15th, 2025. Thank you to all our customers & partners for your trust and support over the years.” Reservoir Reservoir is…
[ad_1] Ethereum price started a fresh surge above the $1,650 resistance. ETH is now showing positive signs and might attempt to clear the $1,800 resistance. Ethereum started a fresh rally above the $1,650 zone. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There was a break above a couple of bullish continuation patterns with resistance at $1,700 and $1,760 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,800 resistance zone. Ethereum Price Starts Fresh Rally Ethereum price remained stable above the $1,550 level…
[ad_1] The Bitcoin price has followed a relatively flat course this week compared to the previous period, but the approximately 1% drop over the weekend was notable. While BTC closed the week at almost the same level as last week, many altcoins, led by Ethereum, experienced declines. Official Trump (TRUMP), which experienced one of the largest token unlocks of last week, experienced an increase despite the unlock following claims that Donald Trump would host a dinner with major token holders. However, there are a large number of token unlocks in many altcoins in the new week. Here is the weekly…
[ad_1] Gate.io forced a surprise service outage on its users today. The giant crypto exchange, which claims to have processed over $4 billion in spot plus $17 billion in derivative volume over the last 24 hours despite the outage, partially apologized for the shutdown and promised to compensate users in the most confusing way possible. In an announcement, the exchange apologized “for any inconvenience caused” via a post on X. Executives then hyperlinked to a legal disclaimer that clarified, “We will provide 100% compensation for all customer losses incurred during the upgrade (excluding market factors).” Because a centralized exchange customer…
[ad_1] A widely followed crypto analyst believes that Bitcoin (BTC) will print new all-time highs once there’s more clarity around two key issues. In a new thread, crypto trader Michaël van de Poppe tells his 783,300 followers on the social media platform X that Bitcoin will likely break out once US President Donald Trump’s tariff policies and the Fed’s rate cut plans are clearer. “Bitcoin is still stuck in a range, which it has been acting in for basically two months. The longer something stays within a narrow range, the heavier the impulse will be once it breaks out of…
[ad_1] The Sonic blockchain is much more than just a bold rebrand. Originating from the Fantom network, it’s a brand new Layer-1 that was architected to fix all of the inefficiencies associated with that earlier project. Sonic boasts a streamlined architecture and rapid Directed Acyclic Graph-based consensus mechanism, plus full EVM compatibility. It’s looking to take on the likes of Solana as a high-performance, developer-friendly environment for building decentralized applications that demand blazing speeds, high throughput, and cost-effective transactions. The network launched in August 2024 and already, it boasts one of the most dynamic, rapidly-growing ecosystems in the blockchain ecosystem,…
[ad_1] Spot Ethereum ETFs in the U.S. just saw their biggest daily inflows since early February, signaling a potential turnaround after weeks of bearish sentiment. According to SoSoValue data, the nine U.S.-listed Ethereum ETFs brought in $38.74 million in net inflows on April 22, breaking a 10-day streak of zero or negative flows. That’s their highest daily intake since Feb. 4, when they saw a huge $307.77 million pour in. This comes after eight straight weeks of outflows that totaled nearly $910 million. Most of the fresh capital went into Fidelity’s FETH, which pulled in $32.65 million. Bitwise’s ETHW also…