Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues

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

The worlds 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

Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies

On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (MiCA). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their

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

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 miljardit, marking the lowest number of BUSD in circulation since April 2021. Lisaks, data indicates

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Miljardit

As of March 25, 2023, USA. government held 205,515 bitcoins worth $5.6 miljardit, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s…

Multichain Wallet Bitkeep tõstab $30 Miljon Bitgetist Defi ja Cefi vaheliste sidemete tugevdamiseks

Kolmapäeval, mitmeahelaline rahakott Bitkeep teatas, et tõstis $30 miljonit krüptoderivatiivide platvormilt Bitget. Bitkeepil on nüüd üldine hinnang $300 miljonit, mille eesmärk on tugevdada sidemeid detsentraliseeritud rahastamise vahel (defi) ja tsentraliseeritud rahandus (cefi)….

Binance suurendab USDC osalust, kuna BUSD turukapital langeb

Kaheksa päeva tagasi, Paxos teatas, et ettevõte ei vermi enam stabiilset münti BUSD. Sellest ajast, the coins market capitalization has been sliding lower as redemptions have become more prominent. Vahepeal, Nanseni andmeuurija on avastanud, et Binance,…

Peaaegu 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Päevad

Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Praegu, Binance is the most active exchange trading BUSD tokens, and the stablecoin still

Metaversum, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125

sisse 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 päevadel, and ethereum has risen 9.3% in the same timeframe. Kuid, year-to-date statistics show that bitcoin is down

Brazilians Will Be Able to Pay Taxes With Crypto

Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, nagu…