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What Are Stablecoins? A Simple Explanation of the Digital Asset Bridging Crypto and Fiat
10.9.2023
Stablecoins occupy a unique space within the realm of finance, straddling the worlds of traditional and cryptocurrency finance. These digital assets aim to achieve price stability by tethering their market value to external references such as fiat money. Stablecoins blend the characteristics...
Binance’s exec exodus, Nasdaq to trade AI orders and SBF loses bail appeal: Hodler’s Digest, Sept. 3-9
9.9.2023
Binance executives depart, Nasdaq will trade AI-based orders and a bail appeal is denied for Sam Bankman-Fried
Binance dropping BUSD in 2024, investors moving to Tether (USDT) – What does this mean for Bitcoin Spark?
9.9.2023
The recent news of Binance dropping BUSD in 2024 has created a wave of uncertainty within the crypto community. Having said that, Bitcoin Spark’s investors and would-be investors are concerned about what this move could mean for their beloved cryptocurrency. What is BUSD? BUSD, or Binance...
Nifty News: NFT restaurant crumbles, Binance NFT ends Polygon support and more…
9.9.2023
The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately stopped the project from coming to fruition
FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group
9.9.2023
The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from online crypto casino and sports betting platform Stake.com. The FBI has provided a number of Bitcoin, Ethereum, Binance Smart Chain (BSC),...
Binance Boss Counters ‘FUD’ Amidst Legal Challenges, Touts Company’s Resilience and Low Turnover
8.9.2023
Binance has faced a series of negative news reports in recent weeks. However, the cryptocurrency exchange’s leader, Changpeng Zhao, known as CZ, used social media to assure the community that the reports were just fear, uncertainty, and doubt (FUD). Despite the departure of some...
BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined
8.9.2023
Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical
Price analysis 9/8: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
8.9.2023
Bitcoin remains stuck in a range, but certain altcoins are showing signs of breaking down in the near term
BNB and Solana set to be outperformed: The dawn of Bitcoin Spark
8.9.2023
While BNB and Solana have made significant strides, innovation, and advancement are the driving forces in the fast-paced crypto arena. A new dawn has been poised to challenge the dominance of established players like Binance Coin (BNB) and Solana (SOL). Bitcoin Spark (BTCS) brings along a unique...
Binance Executives for Russia and Eastern Europe Leave Top Exchange
8.9.2023
Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure and is considering leaving sanctioned Russia....
Binance CEO brushes off negativity, assures firm has 'no liquidity issues'
8.9.2023
Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks
Binance Boosts Bitcoin, Ether Trading in Argentine, Brazilian, South African Currencies With Fee Promotion
7.9.2023
The crypto exchange's promotion comes as trading volumes plummet to four-year lows, hurting the revenue streams
Binance to reimburse users $1M for Cyber Earn incident
7.9.2023
Users were prevented from withdrawing their CYBER Earn assets on the exchange due to a cross-chain bridging issue
Binance's indecision to freeze BNB wallets drew controversy in this $11M rug pull
7.9.2023
As it turns out, Binance does in fact have the power to freeze private wallet addresses on BNB Chain, albeit only with the consensus of all its validators
Binance Coin Price Prediction as BNB Overtakes XRP to Become 5th Largest Coin in the World – Can BNB Reach $1,000?
7.9.2023
The price of Binance Coin (BNB) has fallen by 0.5% in the past 24 hours, with its drop to $213.55 coming as many other major tokens face similar falls.
This includes XRP, which has fallen a little harder than BNB in recent days, meaning that the latter has reclaimed its former place as...
Polygon Foundation denies MATIC dump on Binance, claims wallets were mislabeled
7.9.2023
Nansen, who was responsible for labelling these wallets, claimed that these addresses showed strong links to Polygon, however it removed the label after Polygon CEO’s public refute
Binance crypto exchange saw departure of 10 key executives in 2023. Here's the list
7.9.2023
Binance CEO Chang Peng Zhao sought to dismiss concerns around executive departures, claiming these executives are moving into bigger roles outside Binance, and said reports are market FUD
Binance creates smart contract to refund users affected by $3M rug pull
6.9.2023
After the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets
Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
6.9.2023
Bitcoin and several major altcoins continue to show weakness, but a few data points do favor bulls in the short-term
Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price
6.9.2023
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368. Bitcoin Miners See Relief With 2.65%...