Binance Distances itself From WazirX $230 Million Hack Blame
Binance, the world’s largest cryptocurrency exchange by trading volume, has rejected WazirX’s attempts to shift blame for the loss of $234 million in user funds. Instead, it has called on…
Whales Dumps $2 Billion in Bitcoin Ahead of FOMC Meeting
Bitcoin’s (BTC) price is at a crucial make-or-break point as the market anticipates Wednesday’s Federal Open Market Committee (FOMC) meeting. However, expectations for the event are no longer evenly split,…
Shib Inu Burn Rate Skyrockets Over 14,000% as Community Removes 33 Million Coins From Circulation
In a notable event for the Shiba Inu (SHIB) community, the burn rate of the meme-inspired cryptocurrency surged by 14,506% in a single day. According to data released by Shibburn,…
Shiba Inu Community Outraged at Binance for Not Listing BONE
Members of the Shiba Inu (SHIB) community are aggrieved at the moment over the major shunning of BONE by the Binance exchange. Token listing on this trading platform is considered…
Crypto Market Eyes Federal Reserve’s Interest Rate Decision, Potential Impact on Bitcoin and XRP
Crypto analysts closely monitor the Federal Reserve’s upcoming interest rate decision, which could significantly influence cryptocurrency prices. Analysts believe a potential rate cut might encourage investors to take on more…
Bitstamp to Launch Derivative Exchange With Ripple on XRP Ledger
Luxembourg-based crypto exchange, Bitstamp has disclosed that it will be launching a derivative exchange on the XRP Ledger in collaboration with the blockchain giant company, Ripple. The update has resonated…
Deutsche Bank Report Highlights Growing Crypto Acceptance Amid Stablecoin Concerns
A recent Deutsche Bank report reveals a significant shift in consumer attitudes towards cryptocurrency, with less than 1% of U.S. consumers now viewing it as a passing trend. Over half…
Binance Announces Hamster Kombat as 58th project on its Launchpool, Attracts Criticism
Binance recently announced its plans to list Hamster Kombat (HMSTR) as the 58th project on its Launchpool. This declaration sets the stage for trading to start on September 26, 2024,…
Binance Supports Users in Vietnam Affected by Typhon Yagi With $1 Million BNB
Crypto exchange Binance announced Friday the launch of a new philanthropic initiative in response to the damage and destruction caused by recent Typhoon Yagi in Northern Vietnam. Typhoon Yagi, the…
Coinbase Introduces cbBTC on Ethereum and Base Network
Coinbase has launched a new Wrapped Bitcoin dubbed Coinbase Wrapped BTC (cbBTC), an ERC20 token backed 1:1 by Bitcoin held in Coinbase custody, as announced by the company today. At…