Category : Cryptocoins News

Cryptocoins News

Binance withdrawals and BUSD redemptions surge post Paxos crackdown

Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that “Funds are SAFU.” Cryptocurrency exchange...

Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode

Glassnode noted that this is the first time in Bitcoin history that the network has been used for purposes other than monetary. The launch of Bitcoin nonfungible token...

CFTC and SEC cases against SBF deferred until after criminal trial

Damian Williams, the U.S. Attorney for the Southern District of New York, had pushed to defer the civil cases due to a major overlap between the CFTC, SEC and DOJ’s cases....

Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners

With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company. Australia-based Bitcoi...

Iris Energy to nearly triple hash rate with estimated 44,000 new BTC miners

With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company. Australia-based Bitcoi...

Paxos ‘categorically disagrees’ with the SEC that BUSD is a security

Paxos said it will engage with the U.S. securities regulator on the matter and is prepared to “vigorously litigate if necessary.” Paxos Trust Company says it “categori...

Paxos Says Its Prepared To Vigorously Litigate Over SEC’s Wells Notice

Paxos has categorically disagreed with the allegations made by the SEC in a recent notice. The Wells notice accused the BUSD issuer of violating investor protection laws by issuing the stablecoin. The stablecoin firm revealed in a statement that it...

Circle blew the whistle on Binance reserves to NYDFS: Report

The company’s complaint to the New York regulator reportedly came before NYDFS ordered Paxos to “cease minting” its Binance USD stablecoin. New York State’s Department...

Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions

The Bakkt app, which brought together crypto tokens, loyalty points and gift cards, is expected to cease operations on March 16. Digital asset platform Bakkt has ann...

Regulation comes for crypto staking: Law Decoded, Feb. 6–13

Even the SEC Commissioner has publicly rebuked her agency over the shutdown of Kraken’s crypto staking program. Last week, the United States Securities and Exchange Co...

9 crypto gifts for your Valentine’s Day date

Crypto gifts not only demonstrate love but also a shared interest in the exciting world of cryptocurrency and finance. For readers looking for unique, meaningful gifts...

Price analysis 2/13: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, SOL

Bitcoin and major altcoins look vulnerable to a deeper correction after the crackdown on Paxos soured sentiment across the crypto market. Bitcoin (BTC) and select altc...

Valentine’s Day Gifts for Crypto and NFT Lovers

Looking for a special gift to show your love this Valentine's Day? Whether you’re searching for original artwork or a bigger gift, such as a limited edition digital NFT piece of the art world Gustav Klimt, for the love in your life, you’re in luck....

Crypto mixer Blender has been rebranded to Sinbad, says Elliptic

Elliptic’s analysis of wallets tied to a suspected Blender operator showed $22 million going to Sinbad as well as similar “characteristics of transactions” between the mixers....

ApeCoin leads in NFT and Metaverse market share, but are APE’s hefty staking rewards sustainable?

The ApeCoin ecosystem is progressing with games and brand-building, but the 100% APY reward for APE staking could eventually do more damage than good. In January, ApeC...

Infura is to blame for MetaMask’s violation of the crypto spirit

ConsenSys announced in November that Infura, MetaMask’s API provider, was collecting wallet and IP addresses from MetaMask’s users. Censorship resistance is the founda...

Breaking: Circle Tipped Off NYDFS About Insufficient Reserves At Binance

Circle reportedly alerted the New York Department of Financial Services about Binance’s tokens.& The USDC issuer warned the NYDFS about Binance not having enough crypto in its reserves to back its tokens.& Binance’s stablecoin partner Paxos...

DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses. Cyber criminals used a variety...

Binance Coin extends losses as BNB dumps 10% amid negative news

Binance Coin price fell amid news around Paxos and its stablecoin BUSD BNB traded to lows of $284, extending intraday declines from highs of $321 as uncertainty engulfed the stablecoin. Paxos, which issues and handles BUSD redemptions, announced it...

Cathie Wood spends another $9.20 million on Coinbase stock

Cathie Wood bought 162,325 shares of Coinbase Global Inc on Friday. Her stake in the crypto exchange is now worth more than $18 billion. Coinbase stock has already rallied about 70% since the start of 2023. Shares of Coinbase Global Inc have alread...

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