Crypto Exchange Binance Enhances Global KYC Requirements

Binance, one of the most prominent blockchain ecosystem and cryptocurrency infrastructure providers, announced today that the company has expanded its international KYC requirements in an effort to enhance user protection. Binance announced the rollout of the company’s Intermediate Verification requirement for all users. With immediate effect, all new users of […]

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Exchange Supply Ratio of Ethereum Is Plunging

Ethereum has seen a surge in retail demand since the London Upgrade. The price of the cryptocurrency crossed $3,300 on 14 August, which is the highest level since May 2021. One of the major reasons behind the latest surge in price is the exchange outflows of ETH. According to Glassnode, […]

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Bloomberg Partners with Galaxy Digital for DeFi Benchmark

Galaxy Digital, the US-based financial services and investment management company, along with Bloomberg, yesterday announced the launch of the Bloomberg Galaxy DeFi Index (ticker: DEFI). According to Bloomberg, the company has expanded its crypto offering to meet the growing demand for decentralized finance products. In an official announcement, Bloomberg outlined […]

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