Binance, the biggest cryptocurrency exchange worldwide, declared that Signature Bank would only process transactions with a minimum amount of $100,000 as the financial institution aims to reduce its involvement with digital asset markets, according to a report by Bloomberg on January 22nd. Binance said in a statement: One of our fiat banking partners, Signature Bank, has advised […]
Ethereum stablecoin dominance reaches 3-month high
Glassnode data analyzed by CryptoSlate indicates that Ethereum’s (ETH) dominance over stablecoins has been increasing and reached its highest in the last three months. Ethereum’s dominance over stablecoins strengthens as the ETH price surpasses $1,600. The analysis includes the top four stablecoins: Tether (USDT), USD Coin (USDC), Binance USD (BUSD), and DAI (DAI). The chart […]
Crypto Asset Recovery Can Reopen the Door to Your Digital Stash
Have you lost your crypto password and can’t gain access to your funds? Crypto Asset Recovery can help you with that. Crypto Asset Recovery Helps with Lost Passwords Crypto Asset Recovery is a father and son team that works to help people that have lost access to their digital asset portfolios. Usually, the money is […]
Frax Share up 29%, Luna Classic Pending Upgrades Could Push It Over $1 Billion, Snowfall Protocol Employs Vest Strategy To Protect Investor Funds
The post Frax Share up 29%, Luna Classic Pending Upgrades Could Push It Over $1 Billion, Snowfall Protocol Employs Vest Strategy To Protect Investor Funds appeared first on Coinpedia Fintech News Algorithmic stablecoins are considered a safe and stable store of value. For investors, it sounds like a safe zone from the general crypto market […]
Flare Founder Speaks Out About “Betrayal”
Hugo Philion, CEO of Flare Networks, has shared his take on the FIP 01 proposal put forward by Flare
Ukrainian Authorities Block Russian Crypto Exchanges as per Reports
They worked together to single out cryptocurrency exchanges in Russia. The SFMS has developed a method for the “blocking of Russian Federation’s crypto wallets.” Ukraine’s financial intelligence agency, the State Financial Monitoring Service (SFMS), has released a special report detailing the outcomes of its work in 2022. The agency said that it has helped with […]
Ethereum and Cardano Record Highest Level of Developer Activity in 2022: DappRadar
Ethereum and Cardano have always been at loggerheads. The two blockchain network’s development activity has been pitted against each other even before the former’s transition to Proof-of-Stake (PoS). Needless to say, Ethereum and Cardano went on to become the blockchains with the most active developers in 2022, with 223 and 151 average daily devs throughout […]
Terra lending protocol Mars to launch mainnet
The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during the two snapshots on Terra Classic.
Ripple [XRP] gains strength as countdown to SEC verdict begins
XRP reacted to the news of a possible lawsuit resolution date. The altcoin’s network growth and velocity plummeted. Ripple’s [XRP] market capitalization shot past $20 billion for the first time since the FTX contagion hit the market more than two months ago, data from CoinMarketCap showed. At press time, XRP exchanged hands at $0.4052 after […]
Crypto.news weekly recap: global regulators stepping up their efforts, Genesis Global is bankrupt
The previous week introduced a notable increase in crypto-focused global regulatory efforts as well as a corresponding uptick in interest from federal governments worldwide.