Binance Smart Chain (BSC) total value locked (TVL) continued to fall steeply in the third week of May due to a market crash that has seen decreased interest in decentralized finance (DeFi). Binance S...
Tag: Binance
Crypto Insiders Have Sent $2,500,000,000 in Bitcoin to Binance, According to Quant Analyst – Are They Finished Selling?
The chief executive of a leading crypto analytics firm is revealing that, before last week’s sell-off, insiders sent tens of thousands of Bitcoin (BTC) to crypto exchange Binance. Quant analyst Ki You...
Five (5) Things to Know if You’re a Bitcoin Newcomer
Invented during the fallout of the Great Recession of the late aughts, Bitcoin has burst out of its obscure computer science origins. Predictions of its demise have, to date, not been vindicated. Whil...
Terra Flaw: Ethereum Creator And Binance CEO Slam Terra Via Twitter
Terra took quite a beating as the Ethereum creator and CEO of Binance criticized Terra and UST token via Twitter. Following the collapse of UST, Terra’s stablecoin and LUNA, its native token, many cry...
Crypto Thief Steals $42k After Threatening to Chop off Victim’s Fingers
Authorities in the United Kingdom have sentenced a 24-year-old man to five years in prison for stealing cryptocurrencies worth £34K (about $41,900) after threatening to chop off the victim’s fingers i...
Terra Founder Proposes An Airdrop For Affected LUNA and UST Holders, Binance CEO Says ‘This Won’t Work’
– Advertisement – Terra Founder Wants An Airdrop For Affected LUNA and UST Holders, But the community doesn’t think it’s a good idea. The ghosts of failure are still battering Terra Luna...
Ether Enjoys a Three-day Hike. Have it Bottomed out?
Ethereum has lost key supports over the last seven days. Last week was one of the intraweek sessions many would love to forget for more reasons than one. The total REKT capital on derivatives market e...
Binance Seeks to Strengthen its Legal Team
Amidst growing uncertainty caused by the bearish run across most cryptocurrencies over the past few weeks, Binance – the leading exchange in terms of volume – is looking to heavily shore up its defens...
Binance CEO Says Exchange Never Sold Its 15.4M LUNA—Now Worth Just $2,461
Binance CEO Changpeng Zhao said Monday that the cryptocurrency exchange never sold the 15.4 million LUNA it received in return for a $3 million investment made in the Terra ecosystem in 2018. Binance’...
Terra’s Bitcoin Reserves Were Sent to Binance and Gemini
Elliptic published a blog post that summarizes where the bitcoin was sent LFG’s bitcoin wallet also interacted with this address which also has an oxt.me annotation Terra Luna Price at the time of wr...
Dogecoin “Proof of Assets” to Arrive on Binance: Details
Tomiwabold Olajide Dogecoin remains one of the most used smart contracts among the top 1,000 BSC whales in the last 24 hours According to DogeDesigner, a UX/UI specialist and graphic designer at Dogec...
Luna Foundation Guard Allegedly Gave Whales ($2.7 Billion) Exit Door Before Collapse
Following the cataclysmic meltdown of the Terra ecosystem last week, the Luna Foundation Guard (LFG) has been accused of bailing out UST whales with its bitcoin trove before the project came crashing ...
Australian Tax Office Says It Will Prioritize Crypto Investors This Year
The Australian Taxation Office (ATO) announced today that it will prioritize crypto capital gains alongside three other key areas of focus this year to ensure appropriate tax reporting in the country....
Bitcoin-Friendly El Salvador to Host Central Banks Meeting on Digital Economy
El Salvador is set to host delegates from different countries to discuss financial inclusion such as the digital economy, banking the unbanked, and the benefits of Bitcoin. El Salvador to Host Delega...
Binance Debunks Terra $300M Investment Claim
A recent document indicated that Binance considered a $300 million investment in Terra. However, it appears that the deal was never finalized. CZ Debunks Investment Claim The VP of Research at The Bl...
Binance CEO’s latest announcement had this effect on TerraUSD [UST] prices
The crypto market is slowly adjusting to a new normal after the de-pegging of TerraUSD [UST] sent ripples through the Terra ecosystem and the sector at large. At press time, the ex-stablecoin once peg...
CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First – Featured Bitcoin News
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a ...
Terra fork won’t work, says Binance CEO Changpeng Zhao
Binance CEO Changpeng Zhao says he doesn’t think Terra’s plan of forking the blockchain will work because it won’t provide any value. “This won’t work,” Zhao said i...
Bitcoin, Binance Coin, Nexo, and OKB Daily Price Analyses – 16 May Morning Price Prediction
The global crypto market has shifted to the negative side of the trajectory as the performance of various coins sees difficulties. The change in the performance of Bitcoin, Binance Coin, and others ha...
Binance CEO Says Hardfork of Terra Blockchain Won’t Work, Demands More Transparency
Binance CEO CZ says that there’s open to working with the Terra community but demanded more transparency on the recent events. “Minting, forking, don’t create value. Buying back, burning does, but req...
“Never Moved Or Sold” Binance CEO Shares More Insights Showing Exchange Still Holds 15M Terra (LUNA) Received In 2018
– Advertisement – Binance CEO Says they completely support Terra’s (LUNA) proposal of supporting retail Investors while holding the Luna and UST. Binance’s CEO admitted that he was under...
Binance CEO ”CZ” Says The Exchange Does Not Hold Any Of Terra’s UST
Binance CEO “CZ” in a tweet on Monday clarified that the exchange did not buy, and does not own any UST. Any UST the exchange had was from trading fees, and is now valued close to zero- following a se...
Binance CEO Says Buy Back Or Burn Terra (LUNA) To Create Value, Confirms Exchange Doesn’t Hold UST
– Advertisement – Binance CEO Says The Exchange Doesn’t Hold Any UST and Terra team should Burn LUNA to help price recover. It’s been a devastating week for Terra Luna and UST after the cr...
Crypto Needs a Global Regulatory Body, Top Official Says
Ashley Alder, chair of the board of directors of the International Organization of Securities Commissions (IOSCO), an association of firms regulating the global securities and futures market, said the...
Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini – Bitcoin News
After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend the UST...
Bitcoin, Binance Coin, Flow, and ApeCoin Daily Price Analyses – 15 May Morning Price Prediction
The performance of the global crypto market has continued to improve as the gains have continued to add. The new changes have taken the market on its way to highs as the market had been facing continu...
Do Kwon Apologizes for Hurting Terra’s Users and Investors
Do Kwon, the brains behind the Terra blockchain project, has apologized to members of the Terra ecosystem and the crypto community for the recent depegging event. Last week, UST, Terra’s algorithmic s...
Binance denies investing Terra apart from a $3m investment
On Sunday, Binance CEO and executive director Changpeng Zhao addressed a journalist’s tweet claiming that the exchange had backed Terra’s LUNA in 2019 and 2021. Since the collapse of its tokens this w...
How to Buy Altcoins With a Credit Card in Five (5) Easy Steps
There are frequent opportunities in the cryptocurrency market that require a quick response. However, depositing funds into an exchange via bank transfer or e-wallets can take up to several hours or e...
SEC Nigeria Issues New Crypto Rules to Protect Investors and Boost Adoption
Nigeria’s Securities Exchange Commission (SEC) has released new rules on the issuance and use of digital assets, including cryptocurrencies, in the country. SEC Nigeria Issues Crypto Rules Recall that...
Binance Never Invested in Terra’s Second Fundraising Round, Says CZ
On Sunday, Binance founder and executive Changpeng Zhao responded to a journalist’s tweet that insinuated that the exchange had invested in Terra’s LUNA back in 2019 and 2021. In a now deleted tweet b...