Binance Reports Temporary Suspension of USD Bank Transfers.
The suspension is expected to affect only a tiny fraction of Binance’s user base. Binance – the world’s largest crypto exchange – announced on Monday that it will pause all…
Genesis Reaches Principle Agreement With DCG and Creditors.
Embattled crypto lending firm Genesis announced reaching an agreement in principle with Digital Currency Group (DCG). On Feb. 6, Genesis announced that it has arrived at a global resolution that…
Crypto Exchanges To Support Turkey Earthquake Survivors
Crypto firms and exchanges have also pledged to back Turkey in all possible ways.Crypto personalities are showing their condolences and praying for the victims.Turkey, the transcontinental western Asia peninsula country…
Binance Smart Chain Boom with Daily Active Addresses
BNB Chain daily active addresses surged by 30% in QoQ. BNB Smart Chain unique addresses reached an all-time high of 250 million.Despite the last year’s bearish momentum, Binance native blockchain…
Fintech Giant Visa still believes in Crypto Sector inspire of harsh conditions.
Visa CEO Al Kelly stated that the company is still dedicated to cryptocurrency usage.The possibility of a shakeup in the executive team was also alluded to.At the StarkWare Sessions 2023,…
USD stablecoin Sperax hacked $250K Stolen.
Twitter user, Spreek, notified the community that Sperax USD (USDs) appeared to have been exploited, losing $250,000. Per his analysis, the attack drastically inflated the supply of USDs and left…
Bitcoin miners don’t want to sell. Reserve remain flat.
Bitcoin miners appear to have paused their liquidations, according to CryptoQuant data on Feb. 5. Per streams, bitcoin miners’ reserve trend has been flat at around 1.837m BTC from Jan.…
Arthur Hayes Throw Shades at 3AC and CoinFLEX Founders Over GTX Funding
By the end of February, the exchange’s founders want to have marketed themselves.Comparisons between GTX and FTX began to circulate around the crypto community.BitMEX founder Arthur Hayes said on Saturday…
Core Scientific Bitcoin Mining Company Want To Sell 27k Gears To Settle NYDIG Debt
A few days before the holidays in 2022, the firm filed for bankruptcy.As part of its 2020 expansion, the company borrowed $77.5 million.In order to settle a $38.6 million debt…
Australia plan to initiate Strict Regulation for Crypto Sector after FTX Scandal
Regulators looking for a way to better avoid recent disasters in the hereafter.Australia has just taken the first step in what will likely be a multi-year effort.The first phase of…