The crypto industry is facing a major setback as Dubai-based crypto exchange Bybit has suspended United States dollar deposits via bank transfers due to “service outages from a partner.” Funds can be…
Tag: Binance
Bitcoin Bridging to Avalanche Network: A Rapidly Growing Trend
The recent surge in bitcoin bridged to the Avalanche network has been a hot topic in the cryptocurrency community. According to statistics, more than 2,000 bitcoin worth $44.7 million were bridged to…
Binance’s Bold Move: Refusing to Lay Off Staff Despite Crypto Market Turmoil
The crypto industry has had a tumultuous start to the year, with many exchanges announcing layoffs and job losses. However, one of the biggest players in the space, Binance, is bucking the…
Binance Launches Revolutionary AI-Powered NFT Generator “Bicasso
Binance has recently launched an AI-powered NFT generator called “Bicasso”, and it has been churning out digital art at full capacity. In just 2.5 hours after launch, the platform had reached its…
Binance Under Fire for Moving $1.8 Billion of Collateral Without Informing Customers
Binance, one of the world’s largest cryptocurrency exchanges, has come under fire for transferring $1.8 billion of collateral meant to back its customers’ stablecoins to hedge funds without informing its customers. According…
Crypto Market Slides: Defi TVL Drops Below $50 Billion Mark
Crypto Market Slides After Bullish Run-Up The crypto market has taken a hit this weekend, with the total value locked (TVL) in decentralized finance (defi) slipping below the $50 billion mark to…
Exploring the Unusual Premium of Bitcoin Futures on the CME: A Potential Opportunity for Investors
The cryptocurrency market is always full of surprises, and the latest one is the unusual premium of Bitcoin (BTC) futures trading on the Chicago Mercantile Exchange (CME). According to data tracked by…
Crypto Markets Pull Back on Wednesday as Traders Price in Higher Chance of Fed Rate Hike
Crypto markets experienced a broad pullback on Wednesday, with the CoinDesk Market Index (CMI) dropping 1.1% and Bitcoin (BTC) falling 0.9%. Ethereum (ETH) was the only major crypto asset to post a…
Interim Agreement Reached in Dispute Over $445 Million of Loan Payments Between Voyager and FTX
The dispute between bankrupt crypto lender Voyager and crypto exchange FTX over $445 million of loan payments has reached an interim agreement. According to filings from Wednesday, Voyager will keep hold of…
Eastward Bound: Cameron Winklevoss Predicts the Next Crypto Bull Run Will Emerge From the East
The East is Rising: Cameron Winklevoss Predicts the Next Crypto Bull Run Will Come From the East Cameron Winklevoss, co-founder of the U.S.-based cryptocurrency exchange Gemini, believes that the next crypto bull…