The DeFiant Ones – Former President Donald Trump Launches Crypto Platform: Report
Republican presidential nominee Donald Trump is reportedly launching his very own cryptocurrency platform. According to a new report by CNBC, Trump has announced the launch of crypto platform The DeFiant Ones to his followers on Truth Social as a means of competing with banks. As stated by Trump, “For too long, the average American has…
Binance and Ex-CEO Changpeng Zhao Sued in Lawsuit Alleging Money Laundering
The world’s largest crypto exchange by volume and its founder are being named as defendants in a new money laundering lawsuit. According to a new class action, Binance willfully neglected to register itself with the proper authorities and failed to maintain adequate anti-money laundering protocols as a means of earning profits from the US markets.
Donald Trump’s Son Eric Hints at Shocking Crypto Announcement: What’s Coming Next?
Eric Trump, son of former President Donald Trump, recently hinted at a significant announcement in the crypto and DeFi sectors, sparking widespread speculation. This comes as the political battle intensifies with the upcoming U.S. elections in November. A Stir in the Crypto Community Eric’s cryptic post has the crypto community buzzing, with questions about whether…
coinpedia.org/news/donald-trumps-son-eric-hints-at-shocking-crypto-announcement-whats-coming-next/
ByBit exchange halts operations in France
ByBit has been at odds with the Autorité des Marchés Financiers (AMF) since 2022 when the regulator blacklisted the exchange.
Popular cryptocurrency exchange ByBit announced it is halting operations in France and restricting account features for French users in an Aug. 1 press release.
ByBit cited "recent regulatory developments" by France's financial regulator, Autorité des Marchés Financiers (AMF), as the catalyst for halting operations in the European country.
cointelegraph.com/news/bybit-exchange-halts-operations-france
Starknet’s ZKX Protocol Ceases Operations Due To Financial Struggles
Starknet-based ZKX Protocol will shut down with all markets delisted and funds returned to users due to financial challenges, citing low user engagement and unsustainable revenue against operational costs.
Eduard encouraged users to withdraw their funds by the end of August, and the sunset period will continue until the end of the month. The protocol faced challenges with token value decline and broader DeFi market exhaustion.