Polygon suffers massive sell-off, crashes 26%, as crypto market plunges
Polygon, a popular scaling solution for Ethereum, has suffered a major blow as its native token MATIC plummeted by 25% in a single day. The […]
Finance
Cardano (ADA) crashes 23% in a day amid SEC uncertainty
Cardano (ADA) is a blockchain platform that aims to create a more secure, transparent, and sustainable foundation for decentralized applications, systems, and societies. It is […]
![Cardano [ADA] crashes below $0.4300 as bears take charge](https://panasiabiz.com/wp-content/uploads/2022/09/Cardano-ADA-crashes-below-0.4300-as-bears-take-charge-326x245.jpg)
Crypto Carnage: Why SOL, MATIC, ADA, SAND Plunged Today
The altcoin market is facing a severe crisis. Many leading cryptocurrencies such as Solana (SOL), Polygon (MATIC), Cardano (ADA), and others are losing their value […]
Litecoin suffers a major setback as it plunges 14% in a single day
Litecoin (LTC), one of the oldest and most popular cryptocurrencies, faced a severe blow on Monday as it dropped 14% in value, reaching its lowest […]
China’s AliExpress’ 5,555 NFT Launch Could Shake Up the NFT Market
In a move that is sure to shake up the NFT space, Chinese e-commerce giant AliExpress has announced plans to launch its own line of […]
Nigerian SEC Declares Binance an Illegal Entity, Orders It to Cease Operations
The Securities and Exchange Commission (SEC) of Nigeria has banned the operation of Binance in the country, declaring it an illegal entity. The SEC said […]
SEC Cracks Down on Crypto, Sending Prices Tumbling
The Securities and Exchange Commission (SEC) is cracking down on the cryptocurrency industry, suing two of the largest exchanges, Binance and Coinbase, for allegedly selling […]
Binance Reveals Gensler’s Job Offer Amid SEC Lawsuit
In a surprising twist, lawyers for Binance and its founder Changpeng Zhao have revealed that SEC Chair Gary Gensler offered to be an advisor to […]
SEC Actions ‘Pave the Way’ for CBDC, Says US Senator Hagerty
US Senator Bill Hagerty (R-TN) has warned that recent actions by the Securities and Exchange Commission (SEC) “pave the way” for the creation of a […]
Crypto Markets Crash, Wipe Out $1 Trillion in Value, Bitcoin, Ethereum Bleed Red
The cryptocurrency market suffered a major crash on June 10, wiping out over $1 trillion in value. Bitcoin, the largest cryptocurrency by market capitalization, fell […]
XRP Struggles and Down by 9% as SEC v Ripple Case Heats Up
XRP lost 9% on Saturday as investor sentiment remained cautious amid the ongoing SEC v Ripple case. The case took center stage on Tuesday, as […]
Misleading Crypto Ads: Instagram, TikTok, YouTube and Twitter Face EU Probe
Four major social media platforms are facing a complaint in the European Union over misleading crypto ads. The complaint, filed by the European Consumer Organization […]
Voyager Crypto’s Bankruptcy Filing Highlights Risks of Crypto Investing
Crypto Lender Cites Exposure to Three Arrows Capital Voyager Digital, a crypto lender, filed for Chapter 11 bankruptcy on Tuesday, becoming the latest high-profile crypto […]
Binance.US freezes USD deposits and fiat withdrawals: Reasons and implications
Binance.US, one of the leading crypto exchanges in the US, has temporarily suspended its USD deposit and fiat withdrawal services. This unexpected move has left […]
What’s behind Binance’s suspension of USD deposits and withdrawals?
Binance.US, the American subsidiary of the world’s largest cryptocurrency exchange, has announced that it will be suspending USD deposits starting on June 8th. The company […]
Ripple Wins Major Victory in SEC Case
The Ripple vs SEC case is still ongoing, and no outcome has been announced yet. However, there have been some recent developments that could have […]
Indian economy: sugar and spice
India is one of the fastest growing economies in the world, attracting more and more attention from investors and entrepreneurs. It holds considerable potential in […]
BNB Price Crashes 9% After Binance Faces Lawsuit From US
Binance Coin’s (BNB) price plunged by 9.7% on Monday, June 6, after the U.S. Justice Department filed a lawsuit against the world’s largest cryptocurrency exchange. […]
US Congress Unveils Game-Changing Crypto Bill as SEC Sues Binance
The U.S. Congress has unveiled a new bill that would provide a comprehensive framework for regulating cryptocurrencies. The bill, called the Responsible Financial Innovation Act, […]
SEC Sues Coinbase for Unregistered Securities Trading
Coinbase, the largest U.S. crypto asset trading platform, is facing a lawsuit from the Securities and Exchange Commission (SEC) for allegedly operating as an unregistered […]