Bitcoin touched a high of $24,666 on Coinbase to leave the benchmark cryptocurrency on the cusp of its best monthly performance since October 2021.Bitcoin (BTC) rose to highs of $24,666 on US crypto exchange Coinbase on Saturday, hitting...
Babel’s losses included 8,000 BTC and 56,000 ETH wiped out in unhedged proprietary trading positions, a proposal deck cited in a recent report detailed.Per details in the proposal, the Babel Finance’s losses came via proprietary trading of 8,000...
CoinFLEX co-founders Sudhu Arumugam and Mark Lamb say the goal is to be lean staff-wise and to remain ‘right-sized’ should potential acquisition proposals come in.Crypto exchange CoinFLEX has announced that it has cut its headcount by a significant number...
The FDIC says the public should note that deposit insurance does not cover non-bank entities and non-deposit products, including stocks and cryptocurrencies.The Federal Deposit Insurance Corp (FDIC), an independent US agency that insures deposits and helps protect customers...
Binance CEO, Changpeng Zhao says Bitcoin has strong support near or at the $20,000 price level, and believes the crypto market is generally likely to see further adoption catalysed by the macroeconomic environment.Basically, noone can tell – it...
An example of a cryptocurrency that uses TRC20 or USDT-TRON standard is Tether’s USDT that is launched on the TRON blockchain network.According to the announcement, the TrueUSD (TUSD) TRC20 Network integration will allow Binance to support TRC-20 tokens...
US Securities and Exchange Commission (SEC) Chair Gary Gensler has severally pointed out that cryptocurrency exchanges and trading platforms cannot be treated differently from traditional stock exchanges.And amid the increased regulatory spotlight on crypto, helped by recent events,...
Chainlink (LINK) price rose sharply on Thursday to break above $7.20 as the crypto market rode positive momentum across risk assets.At the time of writng, LINK/USD was trading near $7.17 with weekly gains now up to 5% and...
The choice of using Polygon adds to the widespread adoption of Polygon across various sectors around the world.The new data sharing platform by Daimler South East Asia will be called Acentrik and will enable enterprises to buy and...
Bitcoin (BTC) rose sharply on Wednesday to break above $22,000 as risk appetite resurfaced following the US Federal Reserve’s move to raise interest rates by 75 basis points.BTC was trading around $22,575 at 15:20 pm ET on Wednesday,...
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