Binance, the world’s largest cryptocurrency exchange, has recommenced processing its users’ withdrawals on the Bitcoin network hours after halting the service. Earlier on Monday, Changpeng Zhao, the Founder and CEO of Binance, announced that the platform has temporarily paused Bitcoin withdrawals on the platform. Zhao explained that “a stuck transaction causing a backlog” necessitated the action. The… Continue reading Binance Resumes BTC Withdrawals Hours after Halt
Crypto News
‘Stuck Transaction’ Forces Binance to Pause BTC Withdrawals
Binance, the world’s largest cryptocurrency exchange, on Monday temporarily paused Bitcoin withdrawals on its platform. Changpeng Zhao, the Founder and CEO of Binance, explained that: “a stuck transaction causing a backlog” necessitated the action. Zhao in an earlier post on Twitter had said that the issue will be cleared in 30 minutes but later announced that… Continue reading ‘Stuck Transaction’ Forces Binance to Pause BTC Withdrawals
Metalend – the lending protocol for fiat-backed stablecoins
Anthony Ng is the Founder and CEO of Metalend, a decentralized lending and borrowing protocol for fiat-backed stablecoins. The future of Defi cannot be built by USD stablecoins alone, users need access to their local currencies to live life. A decentralized lending marketing protocol that supports a wide range of stablecoins is necessary. Read the… Continue reading Metalend – the lending protocol for fiat-backed stablecoins
Crypto Market Forecast: Week of June 13th 2022
A curated weekly summary of forward-focused crypto news that matters. This week, Celsius pauses withdrawals, a bipartisan bill aims to offer structured regulation for crypto in the United States, Ethereum gears up for the transition to proof-of-Stake, and DOGE suffers a double-digit price drop. Read the full article here:
The CFTC’s action against Gemini is bad news for Bitcoin ETFs
The lawsuit against Gemini is not about an exchange-traded fund, it’s about how a particular Bitcoin futures contract is being represented. Read the full article here:
What are investment DAOs and how do they work?
Investment DAOs where crypto-rich buyers team together to back startups or make investments work based on governance rights enforced through smart contracts. Read the full article here:
Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB
BTC and altcoins are on the verge of falling below critical support levels, and June 10’s higher-than-expected CPI report isn’t helping. Read the full article here:
Binance Picks TripleA as Global Crypto Payment Gateway
Today, one of the world’s largest crypto infrastructure providers, Binance announced the selection of TripleA, a company that helps businesses enhance their revenue by enabling crypto payments, as an international cryptocurrency payment gateway for Binance Pay. Binance Pay is a contactless payment feature on the company’s app. According to the firm, Binance Pay is a bridge… Continue reading Binance Picks TripleA as Global Crypto Payment Gateway
How Will the Partnership Between SafeMoon and EverGrow Affect the Price of SFM?
The SafeMoon token has signed a partnership with EverGrow Coin, a yield farming and liquidity generation protocol. Read the full article here:
Coinbase Decides against Full Acquisition of Singapore-based Zipmex
Coinbase, an American cryptocurrency exchange, has opted to place strategic investment in Singapore-headquartered cryptocurrency exchange, Zipmex, instead of full acquisition, The Block reports. The investment will be part of the Series B+ fundraising round that the Southeast Asian exchange is currently working on. The round, through which it reportedly has plans to raise $40 million,… Continue reading Coinbase Decides against Full Acquisition of Singapore-based Zipmex