Binance paused ERC-20 withdrawals without offering a credible explanation, letting speculation about its true motives run wild. Binance had a hiccup with its withdrawals for Ether (ETH) and all ERC-20 assets on Friday, with users being unable to access any of their Ethereum-based assets for about one hour. The pause came abruptly, as the exchange’s Twitter account…
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Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs. As decentralized finance continues to increase it hold on the wider cryptocurrency market, Binance Smart Chain (BSC) is beginning to emerge as a suitable option for traders looking to…
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Several financial institutions in the U.S. are “are seriously considering launching some type of cryptocurrency service,” an Elliptic co-founder said. Global banking institutions have been expressing more interest in Bitcoin (BTC) as the cryptocurrency consistently breaks new all-time highs, according to a new report. Tom Robinson, co-founder of major British crypto firm Elliptic, told The…
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The total volume on the crypto exchange has fallen 4.9% in the last 24 hours. London-based cryptocurrency exchange Exmo suffered a distributed denial-of-service attack on Monday, causing the platform’s servers to become unavailable. In a tweet on Monday, Exmo reported that hackers had targeted the exchange with $75 million in trading volume in a distributed denial-of-service,…
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Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong. Crypto industry actors in Hong Kong have been trying to push back against a forthcoming law that would restrict legal cryptocurrency trading to professional investors, locking out 93% of the local population from…
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Big-name partnerships and the release of ThetaSwap DEX are just a few of the factors pushing THETA price to a new all-time high. The sustained bullish performance from Bitcoin (BTC) and Ether (ETH) has increased the confidence of crypto investors and many are now looking deeper into projects that have strong fundamentals and offer real-world…
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Investors are nervous that this week’s CME ETH futures launch will be a repeat of Bitcoin’s 2017 CME launch but data suggests otherwise. Bitcoin’s (BTC) abysmal December 2017 futures launch quickly fell short of investors expectations and even though the CME BTC market has surpassed $2.5 billion in open interest, the initial launch has reinforced…
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Several altcoins surged to new all-time highs while Bitcoin price consolidated in preparation for a renewed push to the $49,000 level. On Feb. 12 Bitcoin (BTC) price hit a new all-time high at $48,985 before pulling back to the $46,000 level. A quick glance at the 4-hour chart shows the top-ranked cryptocurrency trading in what…
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New entrants to the DeFi sector and established traders looking to borrow funds have pushed the price of Compound (COMP) to a new all-time high. As Bitcoin and numerous altcoins surge toward new all-time highs, traders who are coin rich but cash poor are increasingly flocking to decentralized finance lending platforms where they can collatoralize…
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Record high trading volume and new offerings from Binance are a few of the factors behind Binance Coin hitting a new all-time high at $148. On Feb. 10 Binance Coin (BNB) hit a new all-time high at $148 after the native exchange token rallied 121% since the start of the week. Data from Cointelegraph Markets…
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