Circle Adjusts USD Coin Reserves To Avoid US Debt Default Risk
Circle, the issuer of the stablecoin USD Coin (USDC), has adjusted the mix of reserves backing the token to favor short-dated US Treasuries, according to...
Binance Reduces ETH Staking Withdrawal Processing Time
Binance, one of the world’s largest cryptocurrency exchanges, has announced a reduction in the processing time for ETH Staking withdrawal requests. The new processing time,...
Polygon Labs and Inspect Collaborate to Boost NFT Ecosystem Growth
Inspect has joined forces with Polygon Labs in a strategic agreement, which is a noteworthy move for the Web3 community. Through the use of SocialFi...
Jane Street And Jump Crypto Withdraw From US Crypto Trading
Two of the world’s top market-making firms, Jane Street Group and Jump Crypto, are reportedly pulling back from trading digital assets in the US amid...
Binance Moves 18 Tokens To Innovation Zone
Binance, the world’s largest cryptocurrency exchange, has announced that it will move 18 tokens into its Innovation Zone starting from May 10, 2023. The move...
OKX Implements KYC Verification For Increased Security
OKX, a leading cryptocurrency exchange, has asked its users to verify their identities to perform certain tasks on the platform. The process of verification is...
BTC Price Discrepancy Sparks Rumors Of Market Maker Exits
Bitcoin (BTC) on Binance US is currently trading at a premium of around $690 compared to its price on Binance, according to reports. This is...
Bittrex Files For Chapter 11 Bankruptcy After SEC Charges
Bittrex Inc., a once-popular cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware following a Securities and Exchange Commission (SEC) lawsuit against the...
Voyager Offers 35.72% Initial Recovery To Customers
Voyager, a crypto lending platform, has recently released an update regarding the compensation for its customers. According to the company’s announcement, customers will receive an...
Binance Suspends Bitcoin Withdrawals Twice In 12 Hours
Binance, the world’s largest cryptocurrency exchange, has suspended Bitcoin withdrawals twice in the past 12 hours, causing concern in the community. However, Binance has reassured...