Binance Under Investigation for Trading Activities
Balancer, a decentralized liquidity pool protocol, has been hit with a major vulnerability that has drained millions of dollars from its pools. The vuAltcoins have been struggling in recent weeks, with many experiencing significant price drops. According to CoinGecko, the dominance of Ethereum (ETH)BlockFi, a cryptocurrency lending platform, has collapsed after its executives withdrew $413 million in crypto before the company's bankruptcy filing.Binance Coin (BNB) has a unique burn mechanism that helps to reduce the circulating supply and increase the value of the token. The burn mechanism isAfter a recent rally to nearly $47,000, Bitcoin (BTC) has consolidated above $40,000, with the 100-day moving average acting as neutral support. DespiSam Bankman-Fried, the CEO of FTX, is facing allegations of misappropriating funds from the company's customers to finance his own personal investmentFTX, a leading cryptocurrency derivatives exchange, has raised $200 million in its latest funding round, with Sino Global Capital leading the investmeArgentina's attempt to become a Bitcoin-friendly nation has hit several roadblocks, with the country's President, Nayib Bukele, facing criticism for hThe ProShares Bitcoin ETF (ticker symbol: BITO) saw strong demand in its first trading day, with the fund's shares climbing as high as 3.4% above itsAccording to the latest data from Glassnode, the dormancy of Bitcoin has reached a 7-month high, indicating that the cryptocurrency may have bottomed
Morbi Non RidiculusA jury has found Craig Wright liable in the estate case of Dave Kleiman, with damages estimated at over $100 million. The case revolved around Wright'In a shocking move, dYdX, a popular decentralized exchange (DEX) on Solana, has halted withdrawals of the token. The announcement was made on Twitter,Paxful, a peer-to-peer Bitcoin marketplace, has temporarily suspended withdrawals due to technical difficulties. The company announced the decision onThe price of Bitcoin (BTC) has been trending upwards over the past week, with a high of $48,286 on Monday. However, the price has since pulled back to
FTX has suspended its services in Japan following a regulatory order from the Financial Services Agency (FSA). The exchange had been under investigatiFTX's recent collapse has led to a heated dispute with Genesis, one of its largest creditors. According to documents filed in court, FTX owes Genesis
The cryptocurrency market has seen a rotation in recent days, with Bitcoin and Ethereum leading the gains. Despite rallies in other assets, BTC was thThe price of Bitcoin (BTC) has risen above $20,000 for the first time since December 2017, according to CoinDesk. The cryptocurrency has been on a tea
BlockFi, a leading crypto lending platform, has acquired Bayou Asset Management, a global investment firm, for an undisclosed amount. The acquisitionThe Ukrainian market has seen a surge in gains this week, with ether (ETH) and Solana (SOL) leading the way. According to CoinGecko, the total market
The Federal Reserve signaled on Wednesday that it may raise interest rates next week, as concerns about inflation continue to grow. According to the FThe recent announcement by Voyager, a crypto-friendly bank, to offer FDIC-insured accounts has sparked a heated debate in the financial industry. Whil
The recent transfer of FTX's Bahamian assets to a government-controlled wallet has raised questions about the future of crypto regulation. The move, wFederal Reserve Chairman Jerome Powell's comments on Wednesday helped ease investor concerns about inflation, leading to a rally in stocks. The centraJamie Dimon, CEO of JPMorgan Chase, has been vocal about his disdain for cryptocurrency, but has praised the potential of blockchain technology. In aTesla's bitcoin holdings have extended to $1 billion, according to the company's latest earnings report. The electric car maker's bitcoin holdings wer
Coinbase, one of the largest cryptocurrency exchanges in the US, is facing a tumultuous winter as its shares plummet and its CEO resigns. The exchange"Bitcoin's latest innovation, Turing-complete smart contracts, has the potential to revolutionize the decentralized application (dApp) space. With theShiba Inu, the popular meme coin, is set to revolutionize the gaming industry with its upcoming metaverse project. Dubbed "Shibarium," the platform wiFTX CEO Sam Bankman-Fried has resigned from the Washington D.C. Crypto Council, a prominent industry organization that aims to promote crypto innovatiThe price of Bitcoin (BTC) has fallen below $25,000, with some analysts warning of a potential reversal of the current uptrend. According to CoinDesk,The crypto market has seen a significant boost following Federal Reserve Chairman Jerome Powell's speech, with Ether leading the gains. Powell's commeEther's market dominance has surged in recent weeks, with the cryptocurrency's value reaching all-time highs and volatility levels reaching record levUrna At Posuere Quis
Binance, the world's largest cryptocurrency exchange, has announced that it will suspend GBP deposits and withdrawals starting from March 22nd. The deRipple's XRP token has been on a tear in recent weeks, surging over 15% in value as the cryptocurrency market continues to rally. The gains come as th
Sollicitudin Porta At Suscipit Mus Tellus Dolor PlaceratLiechtenstein's Prime Minister, Daniel Risch, has signaled plans to allow crypto payments in the country, according to a report by Handelsblatt. The mThe bitcoin price has continued its downward trend, with the current price sitting at around $33,000. This marks a significant drop from the recent hi
Jamie Dimon, CEO of JPMorgan Chase, has warned of a potential recession as the 10-year Treasury yield rose to 5.25%-5.50% in recent months. This increEther (ETH) prices slipped on Thursday, losing ground as traders booked profits and liquidations surged. According to Coinglass, over $23 million in lChina's recent push for a digital currency has sparked concerns about the potential decline of the US dollar's dominance in global markets. The People
The TON Foundation has been actively working to rescue distressed crypto projects and alleviate the impact of the ongoing market downturn. The foundatFTX, a leading cryptocurrency exchange, has announced a $1 billion fund to support the recovery of the crypto industry, according to CEO Sam Bankman-FThe DeFi market has experienced a slowdown in recent weeks, with many protocols struggling to maintain their previous levels of growth. However, thisIn a surprise move, Conservative Party leader Pierre Poilievre has come out in support of Bitcoin, sparking controversy in Canadian politics. Poilievr
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Bitcoin Price Bounces Back, But Resistance Looms
Crypto Markets See Strong Growth in January, Led by Derivatives
A UK court has ordered the hackers who stole $2.6 million in cryptoassets from Binance to return the funds. The hackers, who were identified as SyedurTravala.com, a blockchain-based travel booking platform, has announced a partnership with Expedia, a multinational online travel agency, to accept cryFTX, the cryptocurrency exchange founded by Sam Bankman-Fried, is under investigation for missing funds totaling over $40 billion. According to sourceThe cryptocurrency market has witnessed a significant drop in funding rates, with the 0.1% mark being breached in the past week. This indicates that lThe Luna token has seen a significant surge in value following Terra's successful fork, with the token's price rising over 40% in the past 24 hours. T
Cryptocurrency Mining's Environmental Impact: A Growing Concern
The Consumer Price Index (CPI) rose by 0.3% in November, in line with economist forecasts. The core CPI, which excludes food and energy prices, remainFTX, a leading crypto derivatives exchange, has temporarily halted its crypto lending service due to the recent market volatility. The move comes as pGrayscale's Bitcoin Trust (GBTC) outperformed Invesco's QQQ ETF in June, with GBTC's share price surging by 23.6% during the month. This marks the thiBinance, the largest cryptocurrency exchange by volume, has announced the integration of Kava's staking platform on Binance.com. This move marks BinanRep. Raja Krishnamoorthi (D-Ill.) has requested detailed information from FTX regarding the company's collapse, citing concerns about the impact on co
Celebrity-Backed Fintech Startup Step Launches with $300M in Funding
Binance U.S., the American arm of the world's largest cryptocurrency exchange, is under investigation for potential misconduct, according to sources fBinance Smart Chain (BSC) has undergone a hard fork to address security issues and prevent potential exploits. The hard fork was executed on October 1Despite the recent market volatility, crypto investment funds saw minor inflows last week, with $39,000 in new investments. According to a report by EIn a bold move, El Salvador's President Nayib Bukele has purchased $41,800 worth of bitcoin, according to CoinDesk. This purchase comes as the countryAccording to a recent report by JPMorgan, institutional investors have been driving the recent rally in Bitcoin's price. The bank's analysts found tha
Binance to Discontinue Debit Card Services in Latin America
Ethereum (ETH) has been on a tear in recent days, with the price surging over 17% in the past week. This rally has been driven by increased activity iCrypto markets experienced a sharp decline on Tuesday, with the global crypto market cap falling by 1.89% to $430 million. The downturn was led by SolThe recent surge in bitcoin's price has led to a decrease in the skew market, which is a measure of the difference in the price of call and put optionThe Securities and Exchange Commission (SEC) and other regulatory bodies in the US have embraced the annual crypto conference, providing a platform foScientific Digital (Scientific) has seen a significant increase in its hashrate and miner blend, with the company's CEO, Mike Levitt, stating that the