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Category: Cryptocurrency

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As users report issues off-ramping, daily withdrawals from Binance double

As users report issues off-ramping, daily withdrawals from Binance double   Reuters obtained information from Nansen that indicated that there have been $1.6 billion in withdrawals from Binance since Monday. During this time, users of Binance are reporting difficulty off-ramping via social media. However, others have deemed the assumption of widespread withdrawals to be FUD.…
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MetaMask warns of a campaign to launch a fake token

Popular crypto wallet MetaMask has warned of a fake $MASK token launch, as reported by the project’s Twitter account on March 28.   Metamask says there is no token launch MetaMask said that far and wide bits of gossip recommend that it will do an authority token preview or airdrop on Walk 31. These rumors, according…
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Can the developers of Chainlink (LINK) start a new price rally that is bullish?

Briefly Chainlink has seen a 10% correction over the past week. Holders of LINK are removing tokens from exchanges. Since February, the development of chainlinks has increased significantly. In the past week, Chainlink has experienced a 10% correction. A top to bottom investigation of verifiable on-chain information shows that Connection value developments are firmly associated…
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Cronos (CRO) expands as Crypto.com broadens its global reach

In a nutshell markets reacted to news of a Dubai operational license, which resulted in a 5% gain for Cronos. A further upswing is indicated by the positive divergence between CRO price and daily active addresses. CRO is attainable at $0.080. Cronos’ bullish trend was maintained by a 5% increase last week. The number of…
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The countdown has started: Just One Year Until the Next Bitcoin Halving

Briefly the key event that reduced mining rewards, the halving of Bitcoin, influences market sentiment, increases the profitability of miners, and drives innovation in the crypto ecosystem. The price of Bitcoin is influenced by the halving, and institutional investors have a significant impact on how the market reacts to this development. The forthcoming splitting may…
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Nasdaq to Offer Crypto Care Administrations by Mid 2023

The stock exchange will seek to complete all regulatory requirements and roll out the service by the end of Q2. By launching custody services by the end of the second quarter of this year, the leading stock exchange, Nasdaq Inc., could make an additional push toward the cryptocurrency industry. Other financial behemoths that provide these…
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The founder of Monero refutes claims that he assisted Interpol in locating funds

Briefly Riccardo Spagni, the founder of Monero, has denied being an Interpol informant. James Edwards, a crypto influencer, stated in a Twitter thread that Spagni made it clear that he was an Interpol informant. Before being captured in the United States in 2021, “Fluffypony” was trying to avoid fraud charges in South Africa. Riccardo Spagni,…
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Deposits in banks fall as investors jump into Bitcoin

Briefly data from the Federal Reserve showed that between March 8 and March 15, banks’ deposits fell significantly. Small US banks’ borrowing rates reached their highest levels during the same time frame. In the meantime, Bitcoin has gained 35% in the past two weeks. Between March 8 and March 15, fears of a banking collapse…
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Investors’ concerns about Polygon (MATIC)’s price rise amid a slump in the cryptocurrency market

Briefly Polygon’s price has decreased by 11% in the past seven days. The growth of the network has slowed for three months in a row. MATIC could fall to $1 under the current crypto market conditions. Throughout the downturn in the crypto market, Polygon’s native token has performed poorly. Given the lack of retail interest,…
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Custodia Bank is slammed by the Federal Reserve, which claims that it poses a threat to both the cryptocurrency industry and itself

Briefly Custodia’s bank application was rejected by the Federal Reserve. Custodia argued that its model stops the kind of bank run that has plagued the banking sector recently. The bank also asserted that the Fed’s statement demonstrated its general antipathy toward digital assets. The Central bank (Took care of) has come out all firearms bursting…
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