On March 13, CZ tweeted that due to the changes in stablecoins and banks, Binance will be converting the remaining $1 billion funds in its Industry Recovery Initiative to native crypto. The native cry...
Tag: Converts
Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum – Bitcoin News
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryp...
Binance converts $1B BUSD to Bitcoin, Ethereum, BNB
Binance CEO Changpeng Zhao (CZ) has confirmed that the exchange has converted the remaining $1 billion in its industry recovery fund to native crypto assets — including Bitcoin, Ethereum, and BNB. The...
Binance Converts Industry Recover Funds Into BTC, BNB & ETH
Binance has converted the remainder of its $1 billion in industry recovery funds to other assets. The converted assets include Bitcoin, Binance Coin, and Ethereum. Binance CEO Changpeng Zhao has annou...
Crypto lender Celsius converts almost 23,000 WBTC into bitcoin
Beleaguered crypto lender Celsius converted 22,962.8 WBTC into bitcoin on Feb. 28. The transaction occurred with the consent of the Celsius creditor committee, according to a filing in the lend...
Bitcoin Depot Converts Crypto ATMs to Software
Bitcoin Depot, a leading provider of physical Bitcoin ATMs and kiosks, has announced the successful conversion of all its 7,000 crypto ATMs to a software-based offering powered by BitAccess. The softw...
Coinbase Users Converts Over $5 Bn USDC To Fiat In Panic
The U.S. Securities and Exchange Commission (SEC) crackdown against crypto staking has caused panic in the crypto market. In the last 24 hours, Coinbase users have converted nearly $5 billion of Circl...
Wormhole exploiter converts $150 million in ETH to staked assets and levers up
Following days of inactivity, the address associated with the theft of $323 million worth of ETH from the cross-chain protocol Wormhole began shuffling assets, Etherscan records show. News of th...
Ukraine Converts $21.9 Billion In U.S. Military Surplus Into Fearsome Force
Few nations have put U.S. military aid to better use than Ukraine AFP via Getty Images The list of American security assistance to Ukraine since the beginning of Russia’s “unprovoked and brutal invasi...
Binance Converts All USDc to bUSD Paxos Confirms – Trustnodes
The stablecoin wars appear to have began with a most interesting revelation coming out of the Proof of Keys test of Binance, which is still sort of on-going. Austin Campbell, the Head of Portfolio Man...
Elon Musk converts Twitter HQ into Bedroom, Employees will work even at night
Ever since Elon Musk took charge of Twitter, he has been experimenting continuously. After retrenchment of Twitter employees, now they are also increasing the pressure of work on them. In this sequenc...
BowTied Bull Converts Tradfi Toms to Crypto Bros – Most Influential 2022
During the bear market, BTB has charged to the forefront of crypto culture, locking horns with traditional corporate types and drumming up interest in decentralized finance. BowTied Bull now has more ...
Hacker Converts Thousands of Stolen FTX Funds fom Ether to Bitcoin, Causing ETH Price to Fall
Funds stolen from FTX exchange are being converted and exchanges have been warned to keep their eyes peeled. It appears that the worst is yet to be heard of the controversial collapse and bankruptcy o...
FTX hacker converts ETH into BTC as they attempt to cash loot
FTX funds stolen from the bankrupt crypto exchange on 11 November have reportedly been moved, with the thief looking to convert the looted Ethereum (ETH) into Bitcoin (BTC) as part of their cash out s...
FTX funds on the move as thief converts thousands of ETH into Bitcoin
According to blockchain analysis company Chainalysis, funds stolen from the FTX crypto exchange are now being converted from ETH into Bitcoin. On Nov. 20, Chainalysis took to Twitter to encourage exch...
Overstock converts preferred stock token to common stock
Online retailer Overstock has converted its Digital Voting Series A-1 Preferred Stock, a security token, and its Voting Series B Preferred Stock into shares of the company’s common stock. The f...
PayPal Converts Conditional Virtual Currency License to Full BitLicense
“The conditional virtual currency license allows businesses to have well-regulated access to the New York marketplace through partnerships with licensed firms, ensuring that New Yorkers have access to...
Cybersecurity firm supports Bitcoin ‘mission,’ converts balance sheet to BTC
Another business jumps aboard the Bitcoin bandwagon. Octagon Networks, a global cybersecurity network company with over 20 employees announced on Monday that it had “finished the process of converting...
CyberSec Firm Octagon Networks Converts its Balance Sheet Into Bitcoin
Octagon Networks – a cyber security company headquartered in Addis Ababa – converted its entire balance sheet and all its liquid assets into the primary cryptocurrency. In addition, it embraced bitcoi...
Cybersecurity firm Octagon Networks converts entire balance sheet into Bitcoin
Octagon Networks is the first cybersecurity and research firm to convert its entire balance sheet into Bitcoin (BTC), the company announced on 5 June. As well as converting its liquid assets into BTC,...
Beauty company Oddity creates crypto token that converts to stock at IPO
Oddity is a beauty company with a strong focus on tech. They have launched several innovative projects from hyperspectral imagery to micro-influencer apps designed to revolutionize the online beauty i...
PayPal Killer SDK Converts Platforms to Web 3.0 in 10 Lines of Code
April 7, 2022 – Venice, United States Algorand Foundation-backed project Smile Coin has released the public testnet version of their highly anticipated web 3.0 SDK. The SDK allows any web 2.0 platform...
PayPal-killer SDK Converts Platforms to Web3 in 10 Lines of Code
Venice, United States, 7th April, 2022, Chainwire Algorand Foundation-backed project Smile Coin has released the public Testnet-version of their highly anticipated Web3 SDK. The SDK allows any Web2 pl...
Binance Announces Release of Feature That Supports and Converts Almost All Ethereum Tokens
Binance has released the second version of its cross-chain protocol, Binance Bridge 2.0, which connects the BNB Chain, its flagship Layer 1 blockchain, with other networks. Binance Bridge 2.0 will sup...
Belgian Politician Christophe De Beukelaer Converts Salary to Bitcoin (BTC)
Christophe De Beukelaer has revealed plans to convert his monthly salary into bitcoin (BTC), making him the first politician in Europe to go all-in on the super volatile digital currency, according to...
The First Politician in Europe Converts His 2022 Salary into Bitcoin
Jan 28, 2022 at 12:00 // News A member of the Belgian Parliament, Christophe De Beukelaer, will convert his entire 2022 salary into Bitcoin. He will thus become the first European politician to suppor...
Belgium, MP converts salary into Bitcoin
Christophe De Beukelaer is an MP in the Parliament of the Brussels-Capital Region, Belgium, belonging to the Democratic Humanist Center (cdH), i.e. a Belgian Christian Democratic party. A few days ago...
Eric Adams Converts First Paycheck to BTC and ETH
When it was announced late last year that Eric Adams would take over as the mayor of New York City, he shocked everyone when he stated that he would be accepting his first three paychecks in bitcoin. ...
NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase – Bitcoin News
The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coinbase. “Promise made, promise kept,” the mayor said, referring to his promise to take his first thre...
Malaysian Converts Selfies Into NFTs, Becomes Millionaire In Just 5 Days
NFTs are a vital component of the crypto market and are used for diverse purposes. The concept of turning selfies into NFTs is a rare idea. A 22-year-old Malaysian Resident, Ghonjali, took selfies for...