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Binance, one of the largest cryptocurrency exchanges globally, recently made headlines by delisting Monero (XMR), a well-known digital currency prized for its emphasis on privacy. This decision sparked a notable decline in the price of Monero and a significant decrease in trading activity following the announcement. In response to the delisting, the Monero community moved…
US Treasury Secretary Janet Yellen warned about the potential dangers the cryptocurrency industry poses to the financial system. US Treasury Secretary Janet Yellen is set to caution Congress about the potential risks posed by the cryptocurrency industry to the financial system. Her concerns encompass the risks associated with stablecoins, activities on crypto platforms, and price…
Binance’s decision to remove Monero (XMR) and several other assets results in a 19% decrease in price. The delisting of Monero mirrors the regulatory scrutiny facing privacy coins within the cryptocurrency market. Withdrawals of Monero from Binance will continue to be facilitated until May 20. Monero (XMR), a prominent privacy-centric cryptocurrency, is witnessing a substantial…
Overall, the cryptocurrency markets have remained relatively stagnant since the beginning of 2024. However, not all cryptocurrencies have experienced this sideways movement, unlike Bitcoin and Ether. SUI, the native token of its eponymous layer-1 blockchain, has nearly doubled its value against Bitcoin since January 1st. The network, overseen by former Meta employees previously focused on…
summary Steve Wozniak advocates for Bitcoin’s security while cautioning against scams in the crypto space. He expresses skepticism about cryptocurrency completely replacing fiat money. Despite his reservations, Wozniak has shown interest in Bitcoin, even dabbling in it, and believes it has the potential to reach $100,000. Esteemed tech luminary and co-founder of Apple, Steve Wozniak,…
contents The breach affecting Chris Larsen prompted a significant XRP sell-off on both Binance and OKX exchanges. Traders reacted to the breach by selling off XRP. The majority of the stolen XRP was liquidated, and Bitcoin withdrawals associated with the hack had repercussions on the broader crypto market. In a significant development, the cryptocurrency market…
Dogecoin, originally conceived as a meme but now boasting a substantial following, has undergone a notable decline in price since reaching its peak on December 9th. Despite a considerable 23% decrease, there’s ample room for speculation regarding the trajectory of this digital asset. Amidst these price fluctuations, an intriguing pattern has surfaced: the swift expansion…
BTCFi emerges amidst an overwhelmingly optimistic market sentiment towards cryptocurrencies, notably Bitcoin. The leading cryptocurrency is anticipated to undergo its quadrennial halving event in April 2024. Bifrost, a web3 derivatives protocol, has introduced its proprietary staking service tailored for Bitcoin holders. Native staking for Bitcoin has long been more of a concept than a reality….
Binance has initiated a bounty program, offering rewards of up to $5 million for credible information that could unveil any misconduct among its staff members. This decision came in response to allegations of insider trading, particularly concerning the process for new token listings. The listing of the Ronin token (RON) on Binance on February 5…
Aragon (ANT), Multichain (MULTI), Vai (VAI), and Monero (XMR) are set to be delisted from Binance following a thorough evaluation conducted periodically by the exchange to ensure compliance with its stringent criteria. The decision to remove these assets hinges on various factors, including the project team’s dedication, development activity level and quality, transaction volume and…