Institutional adoption by companies like MicroStrategy and Square has driven the current Bitcoin cycle. Banks are among the traditional financial institutions that explore offering cryptocurrency-based products in partnerships with exchanges like Coinbase.
The...
The attacker transferred the stolen crypto assets to a wallet the platform had provided. There is still USD 33 million worth of USDT that Tether keeps frozen.
The hacker who had stolen more...
The reserves that back USDC include US dollars in cash, certificates of deposit, corporate bonds, and securities. The report indicates audited funds of around USD 22,200, less than the amount of USDC in circulation.
Fernández highlighted that crypto assets could be an excellent solution to combat inflation. However, he admitted that he does not understand how they work and perceives some risks in the system.
The president...
The CMF recommended that investors check on its website whether a company has the authorization to operate. The Chilean government agency cited a recent restriction on Binance in the UK as a precedent.
The company will split the payment between two government agencies: the CFTC and FinCEN. BitMEX received accusations for offering leveraged and unlicensed products in the United States of America.
A US court decided...
Binance is currently struggling with limitations that stop it from operating in nations like the UK and Italy. Binance has closed several of its financial products like stock tokens.
Binance is now against...
Lee stated that the hyper volatility of Bitcoin could help it reach USD 100,000 by the end of the year. He restated his prediction in May even though the cryptocurrency is in the penalty area.
The deposits in the Ethereum 2.0 smart contract are equivalent to USD 21 billion. These investments correspond to independent validator nodes and staking pools.
There is a total of 6,805,325 ETH in the...
Deflationary blocks appear when the amount of ETH burned exceeds the mining reward. A few days after the launch of the London hard fork, the transaction fee saw an increase for a short time.
