Binance.US said the moves are part of efforts to protect customers and the platform amid “extremely aggressive and intimidating tactics” by the SEC.
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With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the token’s overall market valuation to the ninth-largest position, according to the crypto market capitalization aggregation website coingecko.com. Lido Finance’s […]
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Binance has also had problems with its banking partner for United States dollar transfers over the last few months.
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Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” according to Wells Fargo equity analyst Jared Shaw. Silvergate’s liquidation caused SBNY shares to sink on Friday, dropping more than 13% as […]
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During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting for 19.08% of the $49.66 billion locked in defi today. While […]
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According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three cents,” her belief that central bank digital currencies (CBDCs) will […]
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A software developer recently launched a new Simple Ledger Protocol (SLP) tipping bot for Telegram chats that allows anyone to tip any SLP token using the application. The developer and Reddit user ‘Maxwell10206’ revealed the platform on Monday and people can join the Mint SLP Telegram chat group to learn more about the bot’s functionality. […]
The post Mint Bot Allows Telegram Users to Tip People in Chat Rooms With Any SLP Token appeared first on Bitcoin News.
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In a 2014 appearance on the True Bromance Podcast, Gerry Cotten, the late CEO of embattled Canadian cryptocurrency exchange Quadrigacx, made comments indicating that the exchange was storing customer funds using paper wallets. Cotten also compared losing the private keys for a bitcoin wallet to “burning cash.” Also Read: Market Cap: A Flawed Ranking System for […]
The post Quadrigacx Cold Wallet Was Stored in a Safety Deposit Box appeared first on Bitcoin News.
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Cryptocurrency exchange Bitstamp has partnered with a Swiss bank to allow the bank’s customers to fund their dollar-denominated accounts with BTC as well as withdraw funds in the cryptocurrency. Deposited coins are converted to USD. Withdrawals are converted to BTC and transferred to the crypto wallets linked to client accounts. Also read: Indian Supreme Court Moves […]
The post Swiss Bank Partners With Bitstamp to Enable BTC Funding and Withdrawals appeared first on Bitcoin News.
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After acquiring your first bitcoins you might want to swap the digital asset for another token or test your luck for some quick profits with one of the many cryptocurrency exchanges. And even though you don’t need to be an expert to begin trading cryptocurrencies, some people want to know the very basics on how […]
The post Everything You Need to Know to Start Trading Cryptocurrencies appeared first on Bitcoin News.
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