Binance CEO Changpeng Zhao has responded to a torrent of fear, uncertainty, and doubt (FUD) following increased withdrawals from the exchange. On Dec. 14, Changpeng Zhao stated that the recent spate o...
Tag: FUD
Where’s BNB Coin Price Going Amid Binance FUD & Withdrawals?
Binance BNB Coin Price News: Small and retail crypto traders are still struggling to come to terms with the adverse impacts of the FTX bankruptcy. In this context, major crypto exchange Binance stayed...
Tether Responds to FUD, Promises Zero Secured Loans in 2023
Tether is back again with criticism of the mainstream media, which has once again called out the stablecoin provider for having potentially unreliable reserves. In response to the “recent cycle of Tet...
FUD or Fact? Binance Rumors, Analyzed
As some have called into question the health of crypto exchange Binance by criticizing its latest proof-of-reserves report and pointing to recent withdrawals, the firm has shot back against what it ca...
Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD – Market Updates Bitcoin News
Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. De...
Binance halts USDC withdrawals – FUD continues
In an unexpected move, the world’s largest cryptocurrency exchange, Binance, has temporarily halted USDC (USD Coin) withdrawals. This news sent a few tremors through the crypto community but doesn’t s...
What is the Binance FUD all about?
The largest cryptocurrency exchange Binance is the next platform facing intense pressure – or liquidity test – after the Sam Bankman-Fried exchange FTX, which eventually succumbed to a similar heat in...
Justin Sun deposits $100 million to Binance amid FUD campaign
On Dec. 13, TRON founder Justin Sun tweeted that he had deposited $100 million to Binance. The accompanying transaction link confirmed 100 million USDC going to address 0xd189…eb48 at around 07:00 UTC...
Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’
Bitcoin (BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.” Data from on-chain monitoring resource Coinglass shows that Bin...
Binance Withdrawals Surge after the FUD on its Proof of Reserve Report
Binance’s net outflows reached $902 million in the last 24 hours. Binance CEO CZ tweeted, “Ignore FUD. Keep building.” The world’s largest cryptocurrency exchange by trading volume, Binance, flooded w...
Binance Rumors And FUD Ramp Up
On CT (Crypto Twitter), rumors are making the rounds about alleged problems at the world’s largest crypto exchange Binance. Rumors are currently rampant about payout problems, dwindling reserves, inve...
BTC price shakes off Binance ‘FUD’ as analysts eye Q1 2023 Bitcoin bottom
Bitcoin (BTC) stayed steady near $17,000 at the Dec. 12 Wall Street open as news involving Binance failed to spark BTC price downside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Facto...
Binance CEO Addresses FUD Surrounding “Abnormal” Trading Activity
Binance CEO, Changpeng “CZ” Zhao stated that the “abnormal” trading of altcoins on the platform appears to be market behavior after the company revealed that the activity in question had nothing to do...
Analyzing the WBTC FUD after the FTX collapse and its depeg
Wrapped Bitcoin is the leading form of Bitcoin “wrapped” in a smart contract on the Ethereum network. This allows it to be used in Ethereum-based decentralized finance (DeFi) applications. WBTC is bac...
Tether Responds to Media FUD Regarding Rising Loan Risk
On Dec. 1, the Wall Street Journal published another attack on the crypto industry, targeting Tether this time. The outlet claims that the company has “increasingly been lending its own coins to custo...
Silvergate refuses the latest FUD, verifies the least exposure to BlockFi
Silvergate has verified a least exposure to a digital asset lender BlockFi. Silvergate has been a topic of many FUD (fear, uncertainty, and doubt) or wrong and confusing statements Relationship betwe...
Stock Price Shows More FUD Ahead?
Silvergate BlockFi News: With the FUD around further FTX contagion effect dragging on, the Silvergate BlockFi relationship is already creating some uncertainty. On Monday, crypto lender BlockFi offici...
Silvergate denies recent FUD, confirms minimal exposure to BlockFi
Institutional crypto services provider Silvergate Capital has confirmed its minimal exposure to the embattled BlockFi crypto lending firm. On Nov. 28, Silvergate announced that its deposit relationshi...
WETH FUD Is All a Joke, ETH Withdrawals Still a Priority
Crypto pros like to have a laugh, sometimes at neophytes’ expense. But when the joke is obscure enough — in this case wrapped ether memes — it can have real consequences. Over the weekend, crypto Twit...
Ethereum Insiders Settle Wrapped Ethereum Insolvency FUD
Rising concerns began circulating on Nov. 26 regarding Wrapped Ethereum (WETH) becoming unpegged with ETH. Some speculated that WETH wasn’t backed 1:1 by ETH, which gave rise to insolvency fears. Ethe...
Genesis FUD Subdues As Grayscale Bitcoin Trust (GBTC) Recovers
Grayscale Bitcoin Trust premium rate recovers from -46% to -40% as Cathie Wood’s Ark Invest buying GBTC shares rebuilds confidence in the crypto market. Meanwhile, Binance allocates over $2 billion in...
CoinList addresses withdrawal “FUD” with technical delays
After a blogger tweeted that users reported being unable to withdraw funds for over a week, CoinList, a cryptocurrency exchange and Initial Coin Offering (ICO) platform, took to Twitter to address ...
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
Cryptocurrency exchange and Initial Coin Offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds for over a week, s...
Grayscale Steers Away From Proof-of-Reserves, Creating FUD
Concerns about Grayscale collapse have grown after the Bitcoin fund refused to publish its proof of reserves. A Nov. 18 Twitter thread by the investment firm failed to douse rousing fears, citing secu...
Will Tether’s [USDT] assurance be enough to calm the FUD
Tether released a statement to address the FUD surrounding USDT Weighted sentiment saw an uptick, transaction count fell Owing to the uncertainty being fueled by FTX’s collapse, many members of the cr...
Cronos [CRO] up by 5% after CEO’s AMA clears FUD air
CRO gains 5% after Crypto.com CEO AMA CRO witnesses improved sentiment, but holders still under losses Crypto.com is still facing a potential bank run after FUD escalated its FTX exposure. In additio...
Crypto.com Accidentally Sent $400M in Ethereum to Wrong Address, CEO Calls Concerns ‘FUD’
After the shocking collapse of FTX, other centralized crypto exchanges are under the microscope, and Crypto.com customers are concerned after CEO Kris Marszalek acknowledged that his exchange accident...
Exchanges Rush to Prevent FUD as Contagion Fears Mount
The community negatively views centralized exchanges due to the recent FTX saga, as Exchanges try to prevent FUD amidst fears of contagion. It is a challenging phase for centralized exchanges as they ...
Vitalik Buterin Sells 3000 ETH ($4M) Amid Recent Market FUD
Over the weekend, Vitalik Buterin, the co-founder of Ethereum, sold 3,000 ETH for approximately $4 million. The sale comes at a time when the global crypto market is experiencing a severe downtrend. B...
What FUD? CoinShares Reports Largest Inflows in Months
Digital asset investment products saw the largest inflows in 14 weeks amid crypto market chaos fueled in part by the fall of crypto exchange FTX and sister organization Alameda Research. The inflows ...
Peak FUD – Trustnodes
Doom was rocking Twitter this Sunday unlike any other day we’ve seen for a fairly long time. Thankfully, Sunday is for rest so many might have not been paying attention, but a certain combination of b...
FTX Downfall Leaves Crypto Market in FUD Sentiment
The collapse of cryptocurrency exchange FTX on November 8, has created another big downturn in the already gloomy crypto industry. Bitcoin has collapsed 11.6%, while Ethereum has witnessed a collapse ...