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Texas Regulator Bans Delta Crypt Limited Posing As Binance

The Texas Securities Board (TSSB) has banned the fraudulent firm Delta Crypt Limited. The organizer of the scheme opened several services, masquerading as the Binance cryptocurrency exchange. Securities Commissioner Travis J. Iles said UK-based Delta Crypt Limited offered cryptocurrency investors get-rich-quick schemes, promising significant returns with minimal risk. Earlier, the Securities and Exchange Commission of the Philippines (SEC) also issued a restraining order on the activities of Delta Crypt Limited, urging the public not to…

SushiSwap Exchange Launches Smart Contracts on Avalanche Blockchain

SushiSwap Exchange Launches Smart Contracts on Avalanche Blockchain

The SushiSwap decentralized exchange will deploy its smart contracts on the Avalanche blockchain to expand the Decentralized Finance (DeFi) ecosystem. Given the high demand for decentralized finance (DeFi) products, the Ethereum network is struggling to keep up with the workload. This led to an increase in transaction fees. Nevertheless, Ethereum provides a powerful foundation for the development of DeFi. Therefore, the developers of Ava Labs believe that integration with one of the largest decentralized exchanges…