Binance, the world’s largest cryptocurrency exchange, recently announced a scheduled wallet maintenance that will result in the suspension of deposits and withdrawals for approximately one hour on July 17. Although trading services will remain unaffected during this period, the temporary halt in transactions may raise concerns among users who rely on quick access to their
Crypto
Recently, wallets linked to the CoinStats exploiter have made a significant move by transferring nearly $1 million in Ether into the controversial crypto mixing protocol Tornado Cash. This development has raised eyebrows in the crypto community as investigations are currently underway. CertiK, a blockchain security firm, identified two wallets associated with the June CoinStats exploit
Ethereum 2.0 staking has witnessed a remarkable surge, with a significant milestone being achieved recently. The deposit contract for staking Ethereum on the Beacon Chain has reached an all-time high of 47.36 million ETH this week, accounting for 33.9% of the entire Ethereum supply. This marks a substantial increase from two years ago when it
Over the past 30 days, Bitcoin has faced a significant price dip of around 15%. This decrease was particularly noticeable at the end of last week when the price dropped below $54,000 for the first time since February. However, in the following days, the cryptocurrency managed to recover some of its losses and is currently
Ethereum (ETH) has recently emerged as the top trending token in the cryptocurrency sector. This surge in popularity is largely attributed to the updated S-1 forms filed for spot ETH ETFs by major financial firms like BlackRock, Fidelity, VanEck, and others. The market intelligence platform Santiment has highlighted ETH as a standout performer, suggesting that
The recent news surrounding Artur Schaback, the co-founder and former CTO of Paxful, is alarming. Schaback pleaded guilty to conspiracy to deliberately fail in establishing, developing, implementing, and maintaining a compliant AML program as required by the Bank Secrecy Act. This failure is not only a breach of trust but also a violation of regulations
The MiCA regulation has sparked a surge in the demand for compliant stablecoins, with Circle’s USDC emerging as a front runner in this trend. According to a recent report by French blockchain analytics firm Kaiko, non-compliant stablecoins currently make up a whopping 88% of the total stablecoin volume. However, the implementation of Europe’s Markets in
Bitcoin (BTC) has recently experienced a significant dip in value, reaching its lowest point since February 26. This drop has caused the leading cryptocurrency to hover around the $57,000 range, creating a sense of uncertainty among investors. However, despite this downward trend, analysts from Bitfinex have identified on-chain signs that suggest BTC may not see
The recent turmoil in the crypto market, compounded by Mt. Gox’s update and the German government’s Bitcoin dump, has caused significant disruptions. However, amidst this chaos, Chainlink (LINK) managed to gain more than 4% in just 24 hours, showing resilience in the face of heightened bearish pressure. One interesting development is the increased accumulation of
Binance, as the largest cryptocurrency exchange platform, plays a crucial role in the digital asset market. The recent announcement of delisting four cryptocurrencies – BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS) – has significant implications for the crypto community. This move indicates Binance’s commitment to maintaining high standards for listed assets and ensuring