Binance Drops Cardano – MATIC – Pepe Coin – BTC & 35 Other Pools: Impact Explained

Binance has shared news about removing 39 liquidity pools. Among those affected are popular coins like Cardano (ADA), Polygon (MATIC), Bitcoin (BTC), Tron (TRX), and even Pepe Coin (PEPE). On Monday, Binance, the world’s biggest crypto exchange, revealed that it’s taking out 39 liquidity pools from its Binance Liquid Swap. This affects significant coins and…

Read More

Binance Shrinks P2P Services in Russia – Excludes Sanctioned Banks

Russian users of the exchange could previously deposit rubles through five sanctioned banks, which Binance’s spokesperson acknowledged as a “gap” in their service. Binance, the world’s largest cryptocurrency exchange by trading volume, has reportedly halted the option for its Russian users to use five sanctioned banks for payments on its peer-to-peer (P2P) crypto trading platform….

Read More
Ethereum

ETH Price Falls on Vitalik’s Transfers – Approaching $1500?

Ethereum’s price is currently facing significant downward trends. Amid this decline, Ethereum’s co-founder, Vitalik, has transferred 3,000 ETH to a different wallet. In an important development, the wallet linked to Ethereum’s co-founder Vitalik Buterin, named “vitalik.eth,” has conducted a transfer of 3,000 ETH, which is approximately worth $4.95 million, to an address labeled as “Vb…

Read More
charles hoskinson cardano founder

Cardano Predicted to Overtake Bitcoin and Ethereum as Top Cryptocurrency – Charles Hoskinson

Charles Hoskinson, the founder of Cardano, confidently stated that ADA, the main token of Cardano’s blockchain, could surpass top cryptocurrencies like Bitcoin and Ethereum. Hoskinson’s statement, made during the eagerly awaited Rare Evo conference, has created a lot of buzz and discussions in the cryptocurrency world. People are excited and speculating about how digital assets…

Read More

Crypto Influencer Exposes Deceptive Pepecoin Practices

Former Pepecoin promoter Jeremy “Pauly” Cahen claims the Pepecoin team engaged in insider trading with 16 trillion PEPE tokens. Analysts confirm this with notable on-chain transactions by Pepecoin insiders. The team reportedly possesses $16-17 million in PEPE tokens spread across nine wallets but avoids selling, sparking suspicions. Former Pepecoin promoter turned crypto influencer Jeremy “Pauly”…

Read More

Game-Changing Crypto Tax Reporting Rules Revealed by U.S. Treasury

On August 25, 2023, the U.S. Treasury Department introduced a significant new rule. This rule mandates that cryptocurrency brokers, encompassing exchanges and payment processors, must report user data – including cryptocurrency sales, purchases, and asset exchanges – to the IRS. The purpose is to tackle potential tax evasion within the cryptocurrency domain. This rule brings…

Read More
Haqqex

Shariah-Compliant Exchange Haqqex Launching on HAQQ

Shariah-compliant crypto exchange Haqqex has joined forces with HAQQ, an ethical blockchain platform. HAQQ aims to unite sustainability-focused individuals and Muslim innovators in sustainable finance. Through this partnership, Haqqex plans to offer unique features such as algo trading, commodities trading, and P2P exchanges to cater to the global Muslim community of over 1.9 billion. Through…

Read More
Dogecoin

USPTO Rejects Dogecoin Trademark Bid Due to Decentralization

United States Patent and Trademark Office (USPTO) Rejects Dogecoin Trademark Application, Citing Generality. This aligns with Dogecoin’s decentralized essence, seen as a triumph, yet the final decision remains uncertain. The cryptocurrency world was surprised by the United States Patent and Trademark Office’s rejection of a trademark application for Dogecoin, a well-known meme cryptocurrency. This move raises…

Read More
Ripple and Stellar

Stellar’s MoneyGram Deal Challenges Ripple’s Cross-Border Dominance

Stellar’s Strategic Stake in MoneyGram Poses Challenge to Ripple’s Cross-Border Dominance. Stellar, known for its global transaction efficiency using blockchain, strategically invested in MoneyGram, securing a minority stake. This move, while undisclosed in detail, builds on their longstanding partnership, as highlighted by Austin Arnold of Altcoin Daily, emphasizing the use of operational funds for the…

Read More
FTX EXCHANGE

Kroll Security Breach Impacts FTX and BlockFi: Is Your Data Vulnerable?

Kroll, FTX’s bankruptcy claims agent, faced a cyber incident revealing claimants’ personal info like names, addresses, emails, and balances. FTX and BlockFi confirmed passwords and internal systems remained untouched. Kroll, the company that helps with FTX’s bankruptcy claims, recently had a “cybersecurity incident.” Some customer data got exposed, but the important financial parts of FTX…

Read More

Expert: SEC’s Weak Case Against Ripple Unlikely to Proceed to Trial

Attorney Fred Rispoli proposes SEC could skip Ripple trial for settlement leverage, citing case weaknesses. SEC’s resource-based wait-and-see approach might lead to interesting outcomes if it fails. The crypto community is buzzing about the upcoming showdown between the SEC and Ripple. Everyone’s speculating about what might happen. Although there’s a basic decision already, Ripple’s leaders,…

Read More

PEPE Coin Drops 20% Amid Suspicious Token Transfers – Raising ‘Rug Pull’ Worries

The meme-inspired cryptocurrency Pepe (PEPE) has taken an unexpected hit, losing 20% of its value. This comes after some worrying events that have left the crypto community uneasy. There are worries about the safety of a multisig wallet, strange token movements, and the possibility that the coin’s creators might execute a sudden value drop. Pepe…

Read More
FTX EXCHANGE

Bankrupt FTX Crypto Exchange Partners with Galaxy to Manage Holdings

Bankrupt FTX is teaming up with Galaxy Digital to manage crypto assets, using hedging and staking for recovery and growth. The bankrupt cryptocurrency exchange FTX has enlisted Galaxy, the advisory arm of Mike Novogratz’s firm, to assist with its selling, staking, and hedging efforts. This collaboration aims to mitigate market volatility risks and optimize returns…

Read More
Coinbase

Coinbase to Temporarily Halt Trading for 6 Cryptos

Coinbase, a major cryptocurrency exchange, has surprised many by announcing that it will temporarily stop trading for six specific cryptocurrencies starting from September 6, 2023, at 9 AM PT. These cryptocurrencies include BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager (VGX). This decision is significant as these cryptocurrencies will lose access…

Read More
pendle finance

Binance Labs and Pendle Finance Partner to Transform DeFi Yields

Binance Labs and Pendle Finance have partnered to emphasize yield tokenization’s importance in DeFi. Pendle lets users convert yield into tokens, offering steady yearly yields—a major step in decentralized finance. Binance Labs, a part of the big crypto company Binance, has made a big partnership with Pendle Finance. This partnership will change how decentralized finance…

Read More

USDC Spreads Across 15 Blockchains

USD Coin (USDC) can now be used on additional blockchains, including Base, Cosmos (via the Noble network), NEAR, Optimism, Polkadot, and Polygon PoS. Circle made this announcement. USD Coin (USDC), a big digital coin that doesn’t change in value much, is growing. It will soon work on six more computer systems called blockchains. Circle, the…

Read More