Search Results for: Binance Dollar

Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues

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Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a…

Binance Reportedly Removes Restrictions on Russian Users

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Die Welt’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on…

Binance bringt das etherbasierte Liquid Staking-Produkt WBETH auf den Markt, um konkurrierende Liquid Staking-Konkurrenten zu konkurrieren

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In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks…

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 Milliarde, marking the lowest number of BUSD in circulation since April 2021. Außerdem, data indicates…

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

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Die Welt’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Kommission für den Handel mit Warenterminkontrakten. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading…

Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop

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Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Zur Zeit, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum…

Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge

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Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s hashrate has remained high despite the last two adjustments, and block times have been…

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

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Exahash, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be…

„Fiat ist zerbrechlich“ – Der Zusammenbruch der Silicon Valley Bank löst Schuldzuweisungen und Bedenken hinsichtlich einer Ansteckung aus

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Silicon Valley Bank (SVB) ist in den Mittelpunkt der Aufmerksamkeit gerückt, nachdem sein Zusammenbruch die USA dazu veranlasste,. Federal Deposit Insurance Corporation (FDIC) die Bank am Freitag zu schließen. Es war das größte US-Unternehmen. Bankpleite seitdem 2008, und verschiedene angebliche Katalysatoren…

Binance Bans Russians From P2P Transactions With Dollars and Euros

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Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US…