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” Binance blocks some accounts amid Bitzlato case: ‘Funds are safe’ “ Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation, according to several users. On Jan. 18, a group of Russian-speaking Binance clients complained about blocked accounts and not being able to withdraw their…
” CZ predicts ‘existential implications’ for anti-crypto traditional finance “ As traditional institutions proactively reduce exposure to cryptocurrencies as a reaction to ecosystem collapses in 2022, Binance CEO Changpeng “CZ” Zhao believes this move could potentially have a negative impact on such traditional financial players. The collapse of major crypto companies, such as FTX and…
” ‘LEAKED BIDS’ — Binance, Galaxy Digital among secret bidders for Celsius assets “ At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information shared by crypto blogger Tiffany Fong. Fong, a follower of Celsius developments who shot to fame after…
” Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough “ Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter, slightly better than expected. Still, the sum of all goods and services…
” Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries “ Stablecoins in the cryptocurrency market help provide U.S. dollar-pegged tokens within the volatile industry. In bull markets, the market capitalization of stablecoins tends to decrease as investors flock to more volatile assets; and in bear markets, investors seek shelter…
” Binance tightens NFT rules: Nifty Newsletter, Jan. 18–24 “ In this week’s newsletter, read about how nonfungible token (NFT) sales reached 101 million in 2022. Learn how NFTs can be used to summon defendants who cannot be reached using traditional methods, and see how toys play a role in the NFT and Web3 ecosystem….
” Ripple, Binance impersonators target XRP holders via fake staking program “ Online fraudsters are impersonating major cryptocurrency firms like Ripple and Binance by creating fake websites and email imposters pretending to provide staking services for XRP. One such website, ripple.com-staking.tech, includes a blog post titled “XRP staking set to debut January 2023 for retail…
” Opinion: Crypto exchanges keep failing, so why do we still trust Changpeng Zhao? “ Cryptocurrency has faced more than its fair share of catastrophes, nearly all of which seemed as though they might end or at least seriously impede the continued growth of the sector. Yet despite the many “teachable moments,” the social layer…
” Binance holds token collateral and user funds on same wallet by ‘mistake’ “ Major cryptocurrency exchange Binance reportedly admitted that it mistakenly stores some customer funds in the same wallet with its collateral for some in-house tokens. After the revelation, Binance started the process of transferring the assets in question to dedicated collateral wallets….
” Token dump following Binance listing raises insider trading suspicions “ Insider trading has become a burning topic in the crypto ecosystem, especially in light of the recent conviction of an ex-Coinbase manager’s brother. The insider trading charges were believed to be the first involving cryptocurrency, and now another set of wallet addresses with transaction…