CryptoNews

Binance US Confident in Legal Battle Against SEC as Case Moves Forward – Legal Bitcoin News

July 4, 2024
Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s regulatory approach. “We remain confident in our position that the SEC’s case is unsupported by the facts or the law, and that the Commission lacks the very authority it is seeking to wield in bringing its action against us,” Binance US…
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CryptoNews

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May – Market Updates Bitcoin News

July 3, 2024
Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which had accrued $479.15 million.
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CryptoNews

Abra Launches Digital Assets Treasury Solutions Amid Rising Crypto Demand

July 2, 2024
Abra, a digital asset platform, has introduced Abra Treasury, providing customized digital asset treasury solutions. The service targets corporations, family offices, and non-profits. Abra Treasury, operated by Abra Capital Management LP, aims to offer an integrated suite of services including custody, trading, borrowing, and yield through separately managed accounts. Abra insists these solutions…
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CryptoNews

Unveiling the Titans of Crypto Mining: A Deep Dive Into 5 Consensus Algorithms

July 1, 2024
In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that not only secure but also empower the blockchain with the integrity and trust that underpin several of today’s leading digital currencies. Understanding Proof-of-Work and Its Variants Proof-of-work…
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