Indian Authorities to Question Binance on Laundering of Betting Proceeds: Report Posted on 2021-07-31 by Patrick The Enforcement Directorate is investigating Chinese-operated betting apps that have collected more than $134 million over the last 10 months. + News
US Derivatives Traders Are Easily Bypassing Blocks on Offshore Exchanges: Report Posted on 2021-07-31 by Patrick U.S.-based traders are able to use virtual private networks designed to mask the country where they are based. Or they simply lie about where they are from. + News
Bitcoin Struggles at Resistance; Lower Support Near $34K Posted on 2021-07-31 by Patrick Lower support near $34,000 could stabilize the pullback into the weekend. + News
Bitcoin Drops After $1.6B Monthly Options Expiry Posted on 2021-07-31 by Patrick The “max pain point” for the July expiry was $35,000. + News
Yunnan Companies Complete $580M in International Transfers Using Blockchain: Report Posted on 2021-07-31 by Patrick As of June, 208 companies had used the platform for 638 transactions. + News
Binance to Wind Down Derivatives in Europe; Malaysia Orders Closure Posted on 2021-07-31 by Patrick Users in some European countries will be unable to open new derivative positions, effective immediately. + News
Australian Lending Startup Loda Gets $15M to Further Crypto Collateralization Efforts Posted on 2021-07-31 by Patrick Loda is among the first of its kind in the country that allows users to borrow Australian dollars against crypto, its CEO said. + News
Cathie Wood’s ARK Invest Scoops Up 1.3M Robinhood Shares on Nasdaq Debut Posted on 2021-07-31 by Patrick The New York-based investment manager invests heavily in crypto and blockchain companies. + News
MicroStrategy CEO Likens Borrowing to Buy Bitcoin to Investing Early in Facebook Posted on 2021-07-31 by Patrick Michael Saylor defended his company’s debt-fueled, bitcoin buying spree over the last year by saying it continued to be a great investment. + News
Yele Bademosi Steps Down as CEO of Bundle Africa Posted on 2021-07-30 by Patrick Bademosi will be succeeded by Binance Africa director Emmanuel Babalola + News