CryptoNews

BNB Chain Layer 2 Goes Live – Blockchain Bitcoin News

September 15, 2023
BNB Chain, the Binance-backed decentralized blockchain network, has announced the launch of Opbnb, its expansion layer built using the Optimism OP stack. The new network allows users to enjoy low-fee transactions in a high-throughput, high-speed transactional layer optimized for interactive applications such as games, with the BNB Chain chain serving as a settlement layer. Optimism-Based Opbnb L2…
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Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court – Regulation Bitcoin News

September 15, 2023
The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be creating enforcement actions against decentralized (defi) protocols,” emphasizing that they are not financial service businesses. “The only thing…
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CryptoNews

Bitcoin, Ethereum Technical Analysis: BTC Hovers Near 2-Week High, Ahead of US Retail Sales Report – Market Updates Bitcoin News

September 15, 2023
Bitcoin neared a two-week high on Thursday, as markets looked ahead to today’s retail sales report in the United States. Sales are expected to rise by 0.2% in August, a drop from a 0.7% increase the month before. Ethereum remained in the green, moving back above a key support point earlier in the day. Bitcoin Bitcoin remained in the green for a second consecutive session, ahead of the upcoming…
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CryptoNews

FTX Approved to Sell $3.4B in Crypto; Tron’s Justin Sun, DWF Labs Consider Buying Cache – Bitcoin News

September 14, 2023
The bankrupt crypto exchange FTX received permission to sell its crypto assets valued at more than $3.4 billion after John Dorsey, the presiding bankruptcy court judge, approved the motion. Moreover, Tron founder Justin Sun took to social media and said he is considering an offer for FTX’s holdings. FTX Wins Approval to Offload $3.4B in Digital Assets The FTX estate received approval to sell its…
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