Binance Suspends Bitcoin Withdrawals Due to Transaction Backlog Caused by the Crypto Market Selloff
Summary: Binance has temporarily paused Bitcoin withdrawals on the exchange due to stuck transactions causing a backlog. The team is...
Ethereum
Binance.US Hit With A Class Action Law Suit Over Terra’s UST Stablecoin
Summary: Roche Freedman LLP submitted a class-action lawsuit on behalf of UST investors on Monday.The suit targets Binance.US and claims...
Nexo Offers To Acquire Celsius Network’s Collateralized Loan Portfolio
Nexo has announced that it wants to purchase qualifying assets from Celsius Network.Celsius Network suspended withdrawals until further notice because...
Justin Sun’s Tron DAO Will Deploy $2 Billion To Counter TRX Shorts
Summary: Tron’s USDD algorithmic stablecoin depegged slightly on Monday.The event triggered massive shorting pressure on the TRX token and the...
Celsius’s Native Token Falls Below 50% As The Network Halts Transactions Citing Extreme Market Volatility
Leading CeFi platform Celsius Network halts its withdrawals, swaps, and transfers citing extreme market conditionsThe native token of Celsius Network...
XRP Could be Worth About $400 by 2026 – Crypto Analyst
Key takeaways: Crypto analyst MagicPoopCannon has forecasted a $400 value of XRP by 2026. Short term, he anticipates XRP to...
Bitcoin Holders Owning 1+ BTC Hits a New ATH of 851,921 Despite a Retest of sub-$27k Levels
Key takeaways: The number of Bitcoin addresses holding one or more BTC has hit a new all-time high of 851,921....
Ethereum’s 24hr Liquidations at $140M Exceed Bitcoin’s, Amidst Fears of stETH Depegging
Summary: Ethereum’s 24-hour liquidations at $140 million have topped the list exceeding Bitcoin’s. Ethereum has been hit by a sell-off...
Terra’s Do Kwon Refutes Claims that He Siphoned off $2.7B From the Project Before LUNA’s and UST’s Collapse
Summary: Terra’s Do Kwon has refuted claims that he cashed out $2.7 Billion from the project before LUNA’s and UST’s...
Yuga Labs and BAYC Co-Founder Raises the Alarm on Possible Attack on the Projects’ Social Media Accounts, Especially Twitter
Key takeaways: Yuga Labs and Bored Ape Yacht Club Co-founder has warned that there may soon be an attack on...
Tron DAO Buys $50M Worth of Bitcoin and TRX to add to USDD Reserves
Key takeaways: Tron DAO Reserve has announced that it has purchased Bitcoin and TRX worth $50 million to add to...
Snoop Dogg, Justin Sun Up Jack Dorsey’s Web5 by Saying they Are Working on Web6
Key takeaways: Snoop Dogg and Justin Sun have stated that they are working on Web6. Jack Dorsey had earlier announced...
American Express Partners with Abra to Launch a Crypto Rewards Credit Card
Key takeaways: American Express has partnered with Abra to launch a credit card with crypto rewards. The American Express credit...
EU Member States Could Agree on a Unified Crypto Law by the End of June
Key takeaways: The European Union is close to coming up with an agreement to regulate cryptocurrencies amongst its 27 member...
Central Banks’ Monetary Policy is Dominating Bitcoin and Crypto – Weiss Ratings
Key takeaways: Weiss Ratings believes that Bitcoin and the crypto markets are being dominated by the ongoing monetary policies of...
