Binance, one of the largest cryptocurrency exchanges globally, is actively working on integrating the Bitcoin Lightning Network into its platform. The Lightning Network is a layer-2 protocol designed to enhance the speed and cost-effectiveness of Bitcoin transactions.
Ethereum Classic (ETC) and Ethereum (ETH) share common roots but their journeys have diverged significantly. Interestingly, this divergence extends beyond the technological aspects and into the regulatory world. In the United States, Ethereum Classic is regarded as a commodity, while Ethereum is classified as a security.
In a recent and unexpected development, Binance US, one of the largest cryptocurrency exchanges in the world, has put a halt on USD deposits. The move has left many within the crypto sphere searching for answers.
In a recent groundbreaking move, Sberbank, Russia's leading bank, has stepped into the world of Decentralized Finance (DeFi). With plans to launch its DeFi platform later in 2023, Sberbank is paving the way for other traditional financial institutions to follow suit.