Binance – Page 49 – Ƀitsell X

The Enigmatic Rise of the $3 Billion BTC Whale — Tracing the Mysterious Path of Bitcoin’s Third Largest Wallet

August 22, 2023

This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address. Billion-Dollar Mysteries: The Cryptic Evolution of Bitcoin’s Third-Largest Wallet The mysterious bitcoin wallet has garnered attention as it rose to the third largest…
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Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the ‘Sign In With Solana’ Feature

August 22, 2023

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: Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the ‘Sign In With Solana’ Feature Read more »Sign up…
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Binance Coin Falls Below $210 As BNB Bridge Hacker’s Health Rate Sinks To 0.99

August 21, 2023

In a complex tangle of smart contracts, governance proposals, and fluctuating crypto prices, the financial health rate of the infamous Binance BNB Bridge exploiter address (0x48…9bec) has fallen below the critical value of 1, hovering at 0.99. This development is of particular interest, given that the address holds a significant collateral of 784,616.10 BNB and…
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Coinbase’s Global Exchange Surges with $280 Million Daily Trading Activity – Can it Overtake Binance?

August 20, 2023

Coinbase’s offshore derivatives exchange has experienced a significant surge in trading activity, with volumes approaching $300 million per day. According to data from The Block’s data dashboard, Coinbase International, which facilitates trading in perpetual futures contracts, has consistently surpassed $100 million in daily volumes since August 14. On August 18, the platform’s volumes reached an impressive $287…
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Legal Action Contemplated by Binance Following Termination of Partnership with Checkout.com

August 20, 2023

On August 17, Binance, the world’s largest cryptocurrency exchange, received notification from payment processor Checkout.com about the termination of their contract due to regulatory concerns. However, according to Forbes’ report, Binnace expressed disagreement with Checkout’s grounds for contract termination and mentioned potential legal action. … Read More: Legal Action Contemplated by Binance Following Termination of Partnership…
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Worldcoin’s Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets

August 19, 2023

In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alone, it saw a decrease of more than 11%. Interestingly, within the past 24 hours, WLD showcased a…
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Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub

August 18, 2023

This week’s Crypto Biz explores Binance Connect shutdown, BitGo’s funding round, PayPal Crypto Hub, and other news. It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and services. Binance’s buy-and-sell crypto arm was shut down on Aug.16, with the crypto exchange…
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Binance considers legal action against Checkout.com as partnership ends

August 18, 2023

Binance Connect was shut down on Aug. 16 after Checkout.com discontinued supporting the crypto exchange. Crypto exchange Binance is considering legal action against its former payment provider Checkout.com, a spokesperson for Binance told Cointelegraph on Aug. 18. The potential legal dispute arises from letters sent by Checkout.com to Binance on Aug. 9 and Aug. 11.…
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Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide

August 17, 2023

On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst the celebrations, SHIB, the project’s native cryptocurrency, slid over 8% against the U.S. dollar, mirroring the…
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Tokens Highlighted in Binance and Coinbase SEC Lawsuits See Surge in Trading – What’s Going On?

August 16, 2023

Around two months after the US Securities and Exchange Commission (SEC) filed lawsuits against major exchanges Binance.US and Coinbase, targeting 19 cryptocurrencies that were designated as unregistered securities, the same tokens are showing signs of recovery. Following the allegations, the combined market value of the 19 tokens dropped by roughly $20 billion, but trading volume…
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