Cardano is -0.63 in the last 24 hours with a circulating supply of 34.99B. ADA to USD price is updated in real-time. Tether USDt is 0 in the last 24 hours with a circulating supply of 83.82B. 242 - 244 Vol 24H 315.01 M Cur - Max Supply 168.14 M - 200. The live price of Cardano is 0.3118865 per (ADA / USD) with a current market cap of 10.91B USD. USDT to USD price is updated in real-time. Polygon price is updated and available in real-time on Binance. The live price of Tether USDt is 0.9999402 per (USDT / USD) with a current market cap of 83.81B USD. Polygon’s use cases include decentralized finance (DeFi) applications, blockchain-based games, and non-fungible token (NFT) marketplaces. The Polygon ecosystem is designed to provide users with the ability to create DApps, services, and platforms on Ethereum without high fees or slow transaction speeds. Polygon integrates multiple sidechain solutions, including plasma chains, which consolidate transactions into a single batch and commit them to the Etheruem blockchain ZK-Rollups, which integrate multiple transactions into a single transaction and optimistic roll-ups, which integrate and scale smart contracts. The Polygon platform is a multi-level system that creates sidechains upon which transactions are executed before they are merged with the main Ethereum chain, reducing the overall load on the Ethereum network. Formerly known as the Matic Network, Polygon aims to create the blockchain infrastructure necessary to deploy and use Etheruem-based decentralized applications (DApps) at scale.įunctioning as an add-on to the Ethereum blockchain, Polygon uses scaling solutions in order to increase the size, capacity, security, and efficiency of the Etheruem network. Start Date 07 July 2017 All Time High 663.35 (-63.50) Type Coin 17 d ago - Tokenomics.Not only does it sound cool, it’s also an important term to understand when r. Source: ReutersĪdditionally, the report also mentioned how the German police also unveiled that the criminals in Europe used Binance in 2020 to “launder some of the proceeds from investment fraud schemes,” causing victims to lose a total of 750 million euros ($800 million).Polygon (MATIC) is a layer 2 scaling solution designed to build upon the Ethereum blockchain, facilitating higher transaction throughput and lower transaction costs. In light of the data discovery, Reuters pointed out that “from 2017 to 2022, buyers and sellers on the world’s largest darknet drugs market, a Russian-language site called Hydra, used Binance to make and receive crypto payments worth $780 million”. Reuters claimed that it reviewed detailed data provided by Crystal Blockchain about Binance’s client transactions on “darknet” sites. The leading crypto exchange has also been part of several other money laundering cases. However, Binance CEO Changpeng Zhao responded to the research, accusing Chainalysis of “bad business etiquette”. The report highlighted how the US government sought help from the crypto researcher Chainalysis to track illegal flows, which in turn “concluded in a 2020 report that Binance received criminal funds totaling $770 million in 2019 alone, more than any other crypto exchange”. The report referred to the 2017-2021 timeline when Binance was accused of facilitating a torrent of illicit fund flow. The Reuters report claimed that Binance abetted approximately $2.35 billion stemming from hacks, investment frauds, and illegal drug sales, for a period of 5 years. Binance Reportedly Laundered Illicit Funds Worth $2.35 Billionīinance is back in deep waters after the release of an investigative report on the crypto exchange’s potential role in long-running illicit activities. However, Binance is undergoing strict regulatory oversight in the US. Binance cryptocurrency market - The easiest way to know the last prices, coin market cap, token price charts, and 24h change of bitcoin and other altcoins. Binance said, “it would not be appropriate for us to comment on our ongoing conversations with regulators, which include education, assistance, and voluntary responses to information requests”, adding that the company will continue to “meet all requirements set by regulators”. The SEC is reportedly investigating BNB’s 2017 initial coin offering (ICO), alleging that Binance made the sale of unregistered security violating the securities law.Īccording to Bloomberg, both Binance and the SEC have declined to comment on the matter. After XRP, Binance’s BNB token is now under the US Securities and Exchange Commission’s (SEC) scrutiny.
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