Bitmart
6h Crypto Recap Bitcoin, Binance, Ethereum, XRP — Big moves, bigger risks
#Farcaster moved deeper into infrastructure by bringing #Neynar under its umbrella, aiming to tighten developer tooling and data access for onchain social apps.
#Kansas lawmakers floated a proposal to build a state-level reserve tied to #Bitcoin and other digital assets using unclaimed property mechanisms.
#Binance pushed its European compliance effort forward by applying for an EU #MiCA license via #Greece, signaling continued expansion under the new framework.
#PwC highlighted how crypto regulation is converging across major jurisdictions, with compliance expectations rising for exchanges, issuers, and custody providers ⚖️.
6h Crypto Recap: Bitcoin, Solana, Tron, PiCoin, Dogecoin – Market Buzzing!
In the latest developments, #Bitmart has withdrawn its application for a cryptocurrency exchange license in Hong Kong, citing regulatory challenges. This move comes amid increasing scrutiny from authorities in the region, affecting the exchange's operational strategy.
Meanwhile, #Tron has proposed a 50% reduction in transaction fees to enhance its competitiveness. The proposal aims to address inflation concerns while attracting more users to its platform.
In a notable incident, reports emerged that #KanyeWest's YZY Coin has suffered significant losses, amounting to $74 million for traders. This development has raised questions about the viability of celebrity-backed cryptocurrencies.