The widening discrepancy between the bitcoin price on Binance’s U.S. arm and global counterparts has some observers worried about impending legal action directed at the unit.
Ether Staking Deposits Top Withdrawals for First Time Since Shapella Upgrade
The divergence comes amid a meme coin frenzy that has pushed up fees on the Ethereum blockchain.
Binance’s NFT Marketplace Adds Support for Bitcoin NFTs
The leading cryptocurrency exchange will allow NFT collectors to purchase tokens on the Bitcoin network directly through their Binance accounts – bypassing the need to create a separate wallet for inscriptions.
Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others
Financial technology company Digital Asset has announced it will be launching a privacy-enabled interoperable blockchain network designed for institutional assets to provide a decentralized infrastructure, it announced Tuesday.
Crypto Trader Pays $120K in Fees to Buy $156K of Meme Coin Four
The move worked out in the end as the entity is sitting on a fat profit of several hundred thousand.
FTX’s Sam Bankman-Fried Moves to Dismiss Most Criminal Charges Against Him
FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces on various grounds late Monday.
Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative
The company said the product’s finalized payoff depends on the joint performance of both BTC and its gold-backed token XAUT.
First Mover Asia: Binance Congestion Chaos Weighs Heavy on Bitcoin
ALSO: A crypto market analyst calls bitcoin’s travails of the past two days “growing pains,” and says the largest crypto by market cap “will be fine in the long run.”
Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning
The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America.
Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years
Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin’s block subsidy of 6.25 BTC.
U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware
Crypto exchange Bittrex has filed for bankruptcy in the U.S. state of Delaware, months after announcing it would wind down operations in the country and weeks after being sued by the Securities and Exchange Commission.
Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards
If passed, the mining incentives for each liquidity pool on Canto will be reduced on average by roughly 38%, and data-block rewards known as “security emissions” would decrease by 15%.
Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues
Ether’s deflationary narrative continues despite Monday’s price drop. Major crypto assets traded down on Monday.
Bit4You’s Affairs in Doubt Even Before CoinLoan Collapse, Belgian Regulator Says
FSMA’s concerns meant the exchange could have lost its license or even faced prosecution, even before the Estonian platform which held its funds filed for insolvency
P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension
Peer-to-peer (P2P) bitcoin exchange Paxful has resumed operations after being shut down for over a month, the company said in a blog post.
PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain
As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain.
Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius
The $500 billion-plus firm is involved in NovaWulf’s offer for Celsius, according to a person familiar with the matter.
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun DAO.
Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal ‘Suspicious’ Behavior
Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line.
Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others
Hong Kong’s South China Morning Post spun off its NFT business into a new firm called Artifact Labs in March 2022.