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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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The world’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…

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

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

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The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading…

Krüptovahetused võimaldavad venelastel sanktsioonidest kõrvale hiilida, Teata väidetest

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Suured krüptovahetused ei ole suutnud takistada sanktsioonide alla kuuluvaid Venemaa panku ja kauplejaid tehinguid tegemast, vastavalt plokiahela kohtuekspertiisi aruandele. Vähemalt kaks väljakujunenud mündikaubandusplatvormi lubavad venelastel jätkuvalt kasutada oma pangakaarte peer-to-peer tehingutes, the analysis…

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts

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Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon…

Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices

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After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on…

Põhja-Korea Lazaruse grupp on seotud uue krüptovaluuta häkkimisskeemiga

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The Lazarus group, a North Korean hacking organization previously linked to criminal activity, has been connected to a new attack scheme to breach systems and steal cryptocurrency from third parties. The campaign, which uses a modified version of an already existing…

Stablecoin GUSD pakkumine hüppab lähedale 130% Kõrgemal sisse 30 Päevad

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While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% viimase ajal 30 päevadel. GUSD Sees…

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% sisse 2 Kuud

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In mid-August, või 68 päeva tagasi, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 miljardit. BUSD’s growth comes at a time when the market valuations of the top…