Day: November 26, 2024

UK Crypto Ownership Climbs to 12%, FCA Research Finds

Crypto adoption in the UK has surged, with 12% of UK adults now owning digital assets, up from 10% in 2022, according to new research by the Financial Conduct Authority (FCA). Key Findings The FCA’s study, based on a nationally representative survey of 2,199 UK adults, estimates that 7 million people now own crypto in […]

Binance Unveils BFUSD: Reward-Bearing Margin Asset

Binance officially unveiled BFUSD on Tuesday, a unique “reward-bearing margin asset” designed for futures trading and passive rewards. The product is set to launch on Wednesday, November 27, at 02:00 UTC, Asia time. What Is BFUSD? BFUSD enables users to earn passive rewards while serving as margin for Binance’s USDⓈ-Margined Futures. These contracts use stablecoins […]

Dogecoin Seeks Funding to Build Decentralized Payment System

The Dogecoin Foundation has announced a fundraising initiative to support the development of “Dogebox,” a decentralized payment infrastructure aimed at empowering small and medium-sized businesses. In a social media post on Sunday, the foundation called for major sponsors in 2025 to help fund efforts to drive the mass adoption of Dogecoin as a payment layer. […]

SEC Reports Record $8.2 Billion in Penalties for FY 2024

The U.S. Securities and Exchange Commission (SEC) announced Friday that it collected $8.2 billion in penalties during fiscal year 2024, marking the largest financial haul in its history. Over half of the total—$4.5 billion—stemmed from the SEC’s settlement with Terraform Labs and its founder, Do Kwon, for their role in the collapse of the Terra […]

Justice for P’Nut and Fred: Tragedy Sparks New Meme Coin

Less than a month after the tragic deaths of Peanut the squirrel and Fred the raccoon, their owner, Mark Longo, has launched a Solana-based token called “Justice for P’Nut and Fred” (JUSTICE) in honor of his beloved pets. The token, which was minted using the DeFi meme coin platform Pump.fun, has quickly gained traction, amassing […]