In the course of the previous week, the value of worldcoin (WLD) against the U.S. dollar has plummeted by 24.6%, while a broader view of the past fortnight reveals a decline of 21.4%. Simultaneously, five days ago when the contract recorded 408,721 unique addresses in possession of WLD, the figure modestly rose by 14.61% or…
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In the latest wave of onchain mystery, enthusiasts of the crypto world have been abuzz with talks about an enigmatic address that has been annihilating millions of dollars in crypto assets, as well as blue chip non-fungible tokens (NFTs). Specifically, on July 26, 2023, this very wallet sent 2,500 ether, valued at over $4.6 million,…
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Crypto infrastructure company Fireblocks has identified a set of vulnerabilities known as “BitForge” that pose a threat to popular crypto wallets that use multi-party computation (MPC) technology. These vulnerabilities were classified as “zero-day,” meaning they were unknown to the developers of the affected software before Fireblocks disclosed them, the company said in a Wednesday press release. … Read More: Fireblocks Uncovers…
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Binance’s BNB Chain is set for two upgrades aimed at improving the finality of the network and compatibility with other EVM blockchains. Binance’s BNB Chain is set to undergo two hard forks in August 2023 to reduce the possibility of a malicious blockchain reorganization and increase compatibility with other Ethereum Virtual Machine (EVM) blockchain networks. The Plato…
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Binance has become a fully licensed cryptocurrency exchange in El Salvador, having obtained two licenses: a Bitcoin Services Provider license (BSP) and a Digital Assets Services Provider license (DASP). According to the company, Binance now has approvals and registrations in 18 markets worldwide. Binance Now Fully Licensed in El Salvador Cryptocurrency exchange Binance announced Tuesday…
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Binance, the world’s largest cryptocurrency exchange, has become the first fully licensed crypto exchange in El Salvador. In a Tuesday announcement, the company said it has been granted a Bitcoin Services Provider license (BSP) by the Central Reserve Bank (Banco Central de Reserva) and the first non-provisional Digital Assets Services Provider license (DASP) by the National Commission…
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If the U.S. DOJ indicts Binance executives on charges similar to those already issued by regulators, could it have an unusual effect on the cryptocurrency market in the year ahead? In early August, sources leaked word that officials with the United State Department of Justice were considering fraud charges aimed at Binance, the world’s largest…
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Recent data from CryptoQuant on August 7 shows that few Bitcoin holders are moving coins away from centralized cryptocurrency exchanges like Binance and Coinbase. Despite BTC prices increasing in recent weeks and teetering close to the $30,000 psychological level, this observation is accurate. More Bitcoin Held in Exchanges As of July 28, there were 30,663 addresses…
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Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD. Coinbase CEO Brian Armstrong’s comments to a question about the USD Coin (USDC) stablecoin during the company’s second-quarter earning calls raised some eyebrows. While commenting on the market cap of USDC, Armstrong quipped that Binance moved some of its funds from USDC…
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Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform for digital assets in the past few months. Crypto Exchange Binance Adds 30 Million Users in a Year The…
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