Binance’s FDUSD market cap hits record high, dethrones USDC in Bitcoin trading volume
The First Digital USD (FDUSD) stablecoin has overtaken Circle-issued USD Coin (USDC) as the second-most popular pair for Bitcoin during...
Month: February 2024
Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions
Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT...
Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability
On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro...
Crypto Markets Experience Minor Setback as Major Coins Dip, While Select Tokens Buck the Trend
On Wednesday, the crypto market experienced a modest downturn, with a 1% decrease in its overall value across the board,...
Do Kwon’s Fate Sealed — Montenegro High Court Opts for US Extradition in Legal Tug-of-War
In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will...
‘We Have a Long Way’ To Go Before Bitcoin Reaches Its Cyclical Top, According to CryptoQuant CEO – Here’s Why
One Bitcoin metric indicates there’s still a “long way to go” before BTC hits its cyclical top, according to the...
$150,000 Bitcoin Price Target on the Table for This Year, According to Fundstrat’s Tom Lee – Here’s Why
Fundstrat CEO Tom Lee says a myriad of positive catalysts are setting up to most likely push Bitcoin to much...
UK Pushing To Regulate Stablecoins and Crypto Staking Within Six Months, Says Treasury Minister: Report
Plans for new rules and regulations for stablecoins and cryptocurrency staking in the United Kingdom (UK) are in the pipeline,...
US Government Sanctions Two Russian Nationals’ Crypto Wallets Related to Ransomeware Group LockBit
The US government is sanctioning the crypto wallets believed to belong to two Russian nationals linked to the ransomware group...
Investment Funds Will Be Allowed To Hold Crypto Under New Legislation in Japan: Report
If newly proposed legislation passes, Japan will start allowing investment funds to hold digital assets. According to a new Bloomberg...
XDFi, World’s First Compliant Decentralized Futures Protocol, To Launch on Flare Network
February 21, 2024 – Dubai, United Arab Emirates Flare, the blockchain for data, has announced a partnership with Sindric Solutions...
VanEck Bitcoin ETF records 14x surge in daily volume
VanEck’s Bitcoin ETF HODL experienced an astonishing 14x surge in trading volume on Feb. 20, catching the attention of investors...
Analysis of HODL waves reveals a speculative market at play
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected...
Binance accused of manipulating Nigerian Naira as ‘glitch’ impacts P2P traders
On Feb. 21, Bayo Onanuga, a special adviser to Nigerian President Bola Tinubu, accused Binance of “blatantly setting exchange rate...
Former FTX executives Backpack exchange expands to 11 US states
Amid tightening global crypto regulations, Backpack, a crypto exchange founded by former FTX executives, has broadened its reach to 11...