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Bitcoin Premium Soars in South Korea, Trading $1,500 Above Global Norm
5.12.2023
Based on recent data, the surge of bitcoin beyond the $41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $1,500 premium on major South Korean cryptocurrency exchanges, including...
Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite
4.12.2023
TLDR Binance will end support for BUSD products on December 15, 2023, and withdrawals will be disabled on December 31. BNB has been gaining traction and is tipped to end the year above $240. NuggetRush appeals to enthusiasts due to its blend of P2E and memecoin, with its price expected to increase...
Forkast Cuts Majority of Editorial Staff After CryptoSlam Merger
1.12.2023
Source: Pixabay Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam. According to sources cited by The Block, the crypto news site underwent a series of layoffs throughout the year, leading to the eventual decision to suspend editorial...
Rebel Satoshi’s Early Bird Round Sold Out in Record 3 Weeks – Next Up, Rebels Round 1!
1.12.2023
TLDR What is Rebel Satoshi, and why is it causing a stir in the market? Rebel Satoshi enters Rebel’s Round 1: What’s the price outlook? The crypto market has thousands of coins. However, not all top altcoins have low prices and attractive growth projections. To this end, novice investors consider...
Binance will end support for BUSD stablecoin in December
29.11.2023
Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31
Binance to End Support for BUSD Stablecoin, Remaining Balances Converted to FDUSD
29.11.2023
Binance ends BUSD support and transitions to FDUSD stablecoin after regulatory troubles. Image by maurice norbert, Adobe Stock. Major cryptocurrency exchange Binance announced today in a blog post that it will end support for its Binance USD (BUSD) stablecoin on December 15. The move comes after...
Aerodrome and Velodrome Suffer Front-End Security Breach
29.11.2023
Source: Pixabay Decentralized crypto exchanges Velodrome and Aerodrome have warned users about a front-end security breach on their websites. In X posts published on Wednesday, Velodrome and Aerodrome warned users against interacting with their websites until further notice. “Our frontend...
In the Wake of Declining Values for Optimism (OP) and Toncoin (TON), an emerging Crypto Contender Captures Investor Interest
29.11.2023
TLDR Optimism experts expect OP to fall to $1.22 by December. Despite the listing of Toncoin on Blockchain.com, experts expect TON to fall to $1.50 by the end of 2023. Rebel Satoshi’s high-flying presale attracts investors with mouthwatering offers. In 2023, Optimism (OP), Toncoin (TON),...
Has Pepe Met Its Match? Meme Coin Catches Investor Eyes, Raising Over $600k
29.11.2023
TLDR Pepe Coin nears a market capitalization of $500 million. Stage two of NuggetRush’s presale draws to an end, raising over $600k from sales. This new meme coin is drawing investor attention with its impressive features, posing a threat to PEPE. Pepe Coin (PEPE), the meme-inspired ERC20 token...
First Mover Americas: Standard Chartered Bank Thinks BTC Will Reach $100K by End of 2024
29.11.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Aerodrome and Velodrome DeFi platforms experience front-end hacks
29.11.2023
The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors
Legendary Investor and Bitcoin Skeptic Charlie Munger Dies at 99
29.11.2023
Source: X/ @MnkeDaniel The financial world bids farewell to Charlie Munger, the distinguished investor and long-time collaborator of Warren Buffett, who passed away at the age of 99 on November 28. Munger’s demise marks the end of an era, leaving behind a legacy of impactful contributions...
Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit
29.11.2023
Source: AdobeStock / Timon The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG. DCG Commits to Settling $324.5M in Loans by April According...
Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit
29.11.2023
Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next year
Bitcoin Remains On Track for $100K by Year-End 2024: Standard Chartered
28.11.2023
An earlier-than-expected spot bitcoin ETF in the U.S. could be the catalyst, said the bank
Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
28.11.2023
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro
Spanish citizens to declare foreign crypto holdings by the end of March
28.11.2023
Only individuals with balance sheets exceeding the equivalent of 50,000 euros in crypto assets are obliged to declare their foreign holdings
The end of an era for Binance, troubles for Kraken: Law Decoded
27.11.2023
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal
Crypto Scam-Kit Inferno Drainer Shuts Down Operations
27.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping...
End of an Era: CZ Steps Down, SEC Names More ‘Securities,’ as US Crypto Crusade Continues — Week in Review
26.11.2023
Bitcoin.com News reported this week that leading crypto exchange Binance will settle with the United States Department of Justice (DOJ) for $4.3 billion, related to breaching anti-money laundering and sanctions regulations. The well-known face of the exchange, and former CEO, Changpeng...