ByBit Introduces Mandatory KYC For its Users
Starting May 8, 2023, ByBit will require all users to complete at least the first level of registration, known as KYC (“Know Your Customer”) verification.
Binance.US Withdraws its Application to Buy Voyager Digital’s Assets
Binance.US announced on April 19 that it has terminated the agreement to purchase the bankrupt crypto broker Voyager Digital.
Zimbabwe Will Launch a Gold-backed Digital Currency
The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce a gold-backed digital currency as legal tender.
Transactions Through Lightning Network are 1,000 Times Cheaper Than MasterCard
The Lightning Network (LN) has seen a steady growth in users over the past few years due to its low transaction fees and high performance.
Trading On Spot Crypto Exchanges Rose By 18% in Q1 2023
CoinGecko has reported that the trading volume of digital currencies on spot exchanges rose by 18% in the first quarter of 2023.
Brazil is Investigating the Activities of Binance in the Country
A February 2023 request from the financial regulator is being investigated by police and prosecutors, according to Valor Econômico.
Attacker Hacks KuCoin’s Twitter Account
KuCoin experienced a data breach (its Twitter account was hacked) resulting in the loss of $22,628 to its users on April 24.
Robert Kiyosaki: Bitcoin Will Grow to $100K
Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad and entrepreneur, has expressed his appreciation for BTC and referred to it as “people’s money.”
Paradigm Criticizes SEC’s Approach to Crypto Regulation
Paradigm, a venture capital firm, has recently published an article criticizing the US Securities and Exchange Commission (SEC) for its approach to regulating cryptocurrencies.
Tier 1 Blockchain Berachain Receives $42M in Funding Round
Berachain, a Tier 1 blockchain team, has raised $42M in a funding round led by Polychain Capital.
European Union’s Crypto Regulation is Approved by Parliament
After the approval of the European Parliament, the Markets in Crypto Assets (MiCA) regulation has been officially adopted by the European Union.
Sui Network Will Launch its Mainnet Next Month
The launch of the main network of the first-level blockchain Sui Network is scheduled for May 3.
