Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and EthereumOn Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles […]

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Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service 'Outages' From PartnerOn March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit, […]

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CZ and Saylor urge for crypto self-custody amid increasing uncertainty

Binance CEO Changpeng Zhao said self-custody is a “fundamental human right,” while Michael Saylor said self-custody is necessary to prevent powerful actors from accumulating and abusing power.

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18,000 Traders and Growing – Bitcoin.com’s Crypto Exchange Shines Brightly

18,000 Traders and Growing - Bitcoin.com's Crypto Exchange Shines BrightlySince exchange.Bitcoin.com launched, our premier trading platform has seen a significant influx of users from Asia and Europe. So far, the grand opening of Bitcoin.com’s exchange has led to more than 18,000 registered traders. Moreover, exchange.Bitcoin.com’s Chief Operating Officer, Danish Chaudhry, explained that the exchange launch and the last two weeks of trading have been […]

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Bitcoin Cash and SLP-Fueled Badger Wallet Launches for iOS

Bitcoin Cash and SLP-Fueled Badger Wallet Launches for iOSOn June 3, the popular bitcoin cash (BCH) light client Badger Wallet launched its open beta version for iOS mobile devices. Now Apple users can download the wallet in order to store, send and receive BCH alongside the ability to do the same with Simple Ledger Protocol (SLP) tokens in a noncustodial manner. Also read: […]

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Security Giant G4S Offers Protected Offline Cryptocurrency Storage

Security Giant G4S Offers Protected Offline Cryptocurrency StorageG4S (LSE: GFS), a security services provider with operations in more than 90 countries, guards everything from cash transfers to nuclear power plants and prisons. The London-headquartered company has now started to offer cryptocurrency protection, according to a recent report. Also Read: Majority of Crypto Assets Are Highly Centralized, Research Finds Secure Vault Storage The […]

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US Gallup Poll Shows Only 2% of American Investors Own Bitcoin

US Gallup Poll Shows Only 2% of American Investors Own BitcoinAccording to a Wells Fargo Gallup Investor and Retirement Optimism Index poll, just 2 percent of Americans surveyed own bitcoin. The poll is based on US adults who have at least $10,000 or more invested in things like mutual funds, stocks, and bonds. The Gallup survey also reveals that 26 percent of the US residents […]

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PR: London Blockchain Startup FarmaTrust Partners with Mongolian Government to Stop Fake Medicine

London Blockchain Startup FarmaTrust Partners with Mongolian GovernmentFarmaTrust, a UK blockchain startup and global tracking system has officially signed a partnership with the Mongolian government to pilot a one-year project aimed at preventing the creation and distribution of counterfeit medications. The project will include both governmental and non-governmental parties in Mongolia, including the Specialized Inspection Agency of Tuv Province of Mongolia and the Mongolian e-Government Center NGO.

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Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017

Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017The South Korean government has for the first time obtained data of the total amount of fiat deposits made at cryptocurrency exchanges. At the end of last year, the amount of deposits was 64 times higher than in the previous year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Koreans […]

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