Binance

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…

Binance toob rivaalitsevatele konkurentidele turule eetripõhise vedela seguga toote WBETH

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aprillil tehtud teates 24, Binance, suurima kaubandusmahuga krüptovaluutabörs, avalikustas oma uusima panustamistoote, mähitud majakas eth (MIDA). See Binance'i uus lisand’s panustamislahendused on üles ehitatud Ethereumi võrgule, ridadesse astumas…

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…

Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

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Following the Shapella hard fork on April 12, 2023, approximately 332,368 eeter, valued at around $699 miljonit, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last…

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…

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

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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…

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. Praegu, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum…

Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens

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Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to…

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

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Esmaspäeval, 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…