SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk
Market Recap on the Top coins for the Week
admin2023-06-04T19:05:13+00:00The digital currency ecosystem is wriggling out of the mixed performances exhibited in the past week as it prepares to kickstart the new week on a bullish...
Can Lido’s dominance help the struggling LDO
admin2023-05-30T00:30:15+00:00The Liquid Staking Derivative (LSD) market, driven by Lido protocol, has surged in the DeFi sector, but challenges lie ahead with declining APR and token performance. Source link
Binance Refutes Reuters’ Claims of Commingling: “Story is so weak”
admin2023-05-23T20:02:16+00:00
Key Takeaways
Reuters published an article on May 23, alleging that Binance commingled customer money based on an insider scoop. Binance denies the allegations, stating that Binance keeps customer and personal funds on two separate ledgers.Share this article
Binance, the world’s largest cryptocurrency exchange by trading volume, is staunchly denying allegations made by Reuters that it commingled customer funds with its own revenue in 2020 and 2021. Patrick Hillmann, Binance’s chief strategy officer, dismissed the report on Twitter...
As Uniswap’s exchange flow turns positive, is a UNI dump in sight?
admin2023-05-15T00:30:45+00:00More UNI flowed into exchanges than out. The current token value could decrease further. The exchange netflow position change of the governance token of the Uniswap [UNI] protocol surged to a yearly high, according to data from Glassnode. The position change is an indicator that refers to the difference between the number of tokens flowing into and out of exchanges. Is your portfolio green? Check the Uniswap Profit Calculator
The times of wary spikes
As for UNI, the metric has been on the positive...
Crypto Whale Loses $500K+ Speculating on Pepe Memecoin
admin2023-05-08T18:18:13+00:00
Key Takeaways
PEPE memecoin was listed on Binance on Friday and went from $0.00000420 to $0.00000211, resulting in huge losses for investors One whale is seeing huge losses — up to $500,000 after investing $2.46 million into PEPEShare this article
Following its Friday launch on Binance, the PEPE memecoin dropped 38% after three days, resulting in steep losses for speculators.Pepe Coin (PEPE), the memecoin launched on April 15, has experienced a significant price drop recently, losing 38% of its value in just...
Shiba Inu Community Burns Over 3 Billion $SHIB Tokens in April
admin2023-05-02T22:07:00+00:00The Shiba Inu ($SHIB) community has eliminated a staggering 3,269,676,832 (3.26 billion) SHIB tokens from circulation in April 2023, in a reduction to the meme-inspired cryptocurrency’s total supply that was achieved through a total of 125 transactions. The total amount burned represents a significant decrease in the burn...
Binance US Terminates $1B Voyager Acquisition Deal
admin2023-04-26T16:49:38+00:00
Key Takeaways
Binance.US is pulling out of the Voyager acquisition deal. The company blamed the “hostile and uncertain regulatory climate in the U.S.” for the decision. Voyager will distribute cash and crypto to its customers through its own platform.Share this article
Binance.US has decided to pull out of its $1 billion acquisition deal for Voyager, citing a “hostile and uncertain” regulatory environment.Acquisition Deal Nuked
Voyager creditors can’t catch a break.The bankrupt crypto lending company announced on Twitter yesterday that it...
Shiba Inu Burn Rate Jumps Over 3,500% as Community Eliminates Millions of $SHIB
admin2023-04-20T22:23:00+00:00The Shiba Inu community has burned around 9 million $SHIB tokens from circulation over the last 24-hour period in a move that is helping reduce the meme-inspired cryptocurrency’s circulating supply, in a bid to help its value grow by reducing available supply. According to data from SHIB burn...
Amid Market Recovery Conflux, Synthetix, Maker, and Optimism Token Witness 20-30% Rally
admin2023-03-13T13:02:04+00:00Published 11 seconds ago ...