CZ: ‘Stress Test’ Is A Welcome Challenge As Binance Resumed USDC Withdrawal Requests
Cryptocurrency exchange Binance has been hit by large outflows as traders move to take custody of their tokens amid concerns about its proof of reserve ...
News – Archive
Tether Assists Binance Swapping 3B USDT from Tron to Ethereum as Pressures Increase
Tether has assisted Binance to convert 3 billion USDT from the Tron (TRX) network to Ethereum (ETH). This comes at a moment in which there ...
Sam Bankman-Fried Arrested In The Bahamas After U.S. Files Criminal Charges
The FTX’s former CEO was arrested in the Bahamas after the U.S. attorney for the Southern District of New York shared a sealed indictment with ...
by John Asher
Binance Coin (BNB) Drops As Fears Grow About Binance’s Proof of Reserves
Binance Coin, one of the largest digital currencies in the market, and the virtual currency of the Binance exchange dropped fast today as fears spread ...
Ethereum Stays In A Price-Defended Zone After The News Of Shanghai Upgrade
After the news of the staked Ethereum (ETH) withdrawals, the ETH price remained steady and the bulls defended the $1,200 support zone territory. Data from ...
by John Asher
The Rise of Decentralized Exchanges In 2023
Decentralized finance is growing at an unprecedented rate. In the past year, the total value locked in DeFi protocols has grown from $1 billion to ...
by John Asher
Bitcoin and Cryptocurrencies Recover After Weeks Below Key Psychological Levels
Bitcoin (BTC) and other virtual currencies are now being traded with gains as the whole crypto market seems to enjoy a positive end of the ...
Ethereum’s Next Network Upgrade Slated For March 2023
Ethereum’s Shanghai hard fork will have a target release time frame of March 2023 and will allow Beacon Chain staked ether (ETH) withdrawals. Subsequently, following ...
by John Asher
The EU to Request Crypto Companies Report Users’ Holdings for Tax Purposes
The European Union (EU) is working very hard in order to keep the cryptocurrency market under control. This time, the supranational organisation plans to force ...
Third-Party Auditor: Binance’s BTC Reserves Are Fully Collateralized
According to third-party auditor Mazars, Binance’s Bitcoin (BTC) reserves collateralization is in excess of 100% as of Nov. 22. The collapse of FTX has prompted ...
by John Asher
Cryptocurrencies Remain Stable As Financial Markets Slightly Fall
Bitcoin (BTC) and cryptocurrencies are operating stably as traditional financial markets registered a slight decrease in value. The Dow Jones Industrial Average (DIJA) registered 0.16% ...
Vitalik Buterin Says AI Is Not Yet Advanced Enough To Replace Human Programmers
Ethereum co-founder Vitalik Buterin said that although artificial intelligence (AI) is advancing rapidly, it still has a long way to go before it can be ...
by John Asher
ConsenSys Analysing To Store Users’ Data Just for 7 Days
ConsenSys is considering storing users’ data just for seven days according to the company. The comments come after MetaMask released its data collection information a ...
Bloomberg Strategist Believes We’re Near The End Of The Crypto Bear Market
Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his views on the crypto market during an interview with Daniela Cambone, editor-at-large for Stansberry Research. McGlone ...
by John Asher
Cash Could Lose Its Monetary Role Says Christine Lagarde
Christine Lagarde the chief of the European Central Bank (ECB), explained that cash is losing its monetary role in the economy and that the anonymity ...
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