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United States prosecutors are investigating hedge funds’ relationships with cryptocurrency exchange Binance for money-laundering violations. Go to Source Powered by WPeMatico
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022. Network’s … Read more
The crypto exchange has come under scrutiny from policymakers amid multilateral sanctions on Russia and U.S. sanctions on Iran. Go to Source Powered by WPeMatico
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level of $16.77 billion. Stablecoin … Read more
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that it is “formally investigating whether the debtors and others violated the anti-fraud and other provisions of the federal securities laws.” SEC Intervenes in Binance-Voyager Asset Purchase Deal … Read more
A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to Pay With Crypto Using Binance Pay Customers of the Ukrainian pharmacy chain ANC can … Read more
BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market. Go to Source Powered by WPeMatico
2022 was a challenging year for many crypto companies, but some maintained exemplary performance. Go to Source Powered by WPeMatico
Ukraine continues adopting cryptocurrency payments with the Binance crypto exchange amid the ongoing war with Russia. Go to Source Powered by WPeMatico
2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that’s either a good thing or a bad thing. Go to Source Powered by WPeMatico
