The price to short the Tron blockchain’s native token TRX reached as high as 500% annually on crypto exchange Binance today, as traders rush to place bets that the token will fall further…. Read More: Massive Short Interest Pushes Funding Rate of Tron’s TRX to Negative 500% Annually Read more »Pay, Trade, Buy Bitcoin…
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A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Freedman LLP, a company known for high-profile crypto lawsuits during the last few years. The lawsuit accuses Binance US of marketing…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Major crypto exchange Binance paused bitcoin (BTC) withdrawals due to a backlog, according to its CEO. Changpeng Zhao tweeted today that there has been a “temporary pause” of BTC withdrawals on the exchange. Per the CEO, this is the result of “a stuck transaction causing a backlog.” He went on to ensure the users…
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Litecoin’s MWEB upgrade that makes transactions confidential comes at a time when the majority of the crypto exchanges are implementing strict KYC and AML guidelines. Crypto exchange Binance announced they are ending support for Litecoin (LTC) transactions sent through the latest MimbleWimble (MWEB) upgrade. Binance warned that any transaction sent through the MWEB function would be…
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Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with the objective of making a “better, more…
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Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its new business strategy.
Felix Capital…
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Traders keep saying ETH price will collapse below $1,600 soon, but a key trading metric shows most are unwilling to place bearish bets below $1,900. Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price. The…
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Regulatory pressure and macroeconomic uncertainty continue to pin traders’ sentiment and BTC price under $32,000. Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions. BTC-USD 12-hour price at Coinbase. Source: TradingView The choppy trading partially reflects…
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Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual percentage yields (APYs) up to 18%. Customers can earn yields on proof-of-stake (PoS) cryptocurrencies that include binance coin, solana, avalanche, livepeer, graph, cosmos, and audius. Binance US Adds Staking Services On Twitter, Binance US…
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