Binance founder should be jailed for 36 months, US prosecutors say
Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.
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Binance enables SegWit support for Bitcoin deposits as adoption grows
Traders on Binance can now deposit and withdraw to SegWit (bech32) addresses. 1957 Total views 7 Total shares Binance, one of the world’s largest cryptocurrency exchange by volume, has incorporated Segregated Witness, or SegWit, support for Bitcoin (BTC) deposits. The SegWit support was extended to deposits on Christmas Eve, Binance said in an official statement. The…
Curve Finance scam app resurfaces amid fake crypto app surge
Despite repeated takedowns, the fake Curve Finance app has returned to Apple’s App Store, with reports of user losses intensifying.
BTC price breakout due ‘relatively soon’ as Bitcoin volumes spook traders
Bitcoin (BTC) disappointed bulls on upside prior to the May 26 Wall Street open as BTC/USD returned under $29,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMarkets "eerily calm" post FOMCData from Cointelegraph Markets Pro and TradingView tracked an uninspiring day for Bitcoin, with $800 of losses coming in a single hourly candle several hours before the start…
DeFi needs to start creating real-world value if it wants to survive
The total value locked in decentralized finance (DeFi) projects is hovering around $62 billion as of mid-August, down from a peak of over $250 billion in December 2021. Capital is fleeing the crypto space amid war, soaring inflation and whatever other surprises 2022 may still have in store for us.However, unlike previous crypto bull runs,…
Time to ‘pull the brakes’ on Ethereum and rotate back to Bitcoin: K33 report
“The gravitational pull in crypto for the time being stays in BTC,” said K33 senior analyst Vetle Lunde. 383 Total views 3 Total shares The relatively lackluster performance of nine new Ethereum futures exchange traded funds (ETFs) has prompted analysts at K33 Research to urge a “rotate back” into Bitcoin (BTC). In an Oct. 3 market
Terraform Labs appoints new CEO from existing team: Report
Chris Amani, a Terra employee since 2021, has reportedly been serving as the company’s CEO for months. 140 Total views 1 Total shares As the co-founder of Terraform Labs, Do Kwon, is facing possible extradition to South Korea or the United States from a jail cell in Montenegro, the company has appointed a new CEO.…
Coincheck Q3 Finance Report Shows Twofold Improvement Since Trading Resumed
Japanese online broker Monex Group — owner of previously hacked cryptocurrency exchange Coincheck — released its financial report on Q3 for the 2019 fiscal year on Jan. 31. The report shows that the trading platform halved its losses in Q3, as compared with the preceding quarter.The results of the report cover the third quarter ending…
Bitcoin bull run won’t end ‘any time soon’ as whale buying hints at new $52K floor
Funds are ready on exchanges as existing whale behavior suggests that $52,000 is now the floor for Bitcoin. As Ether (ETH) passed $4,000 and multiple altcoins saw their own all-time highs on May 10, data showed that there is still more buying appetite to come.Traders prepare to sink funds into cryptoA trading frenzy is gripping…