Binance, the world’s leading cryptocurrency exchange, has announced that it will be performing wallet maintenance for The Open Network (TON) on August 26. During this time, TON deposits and withdrawals will be temporarily suspended. The maintenance is expected to last for about two hours, after which all services will resume. However, it is important to
Ripple, a well-known player in the cryptocurrency industry, has recently made waves with its announcement of launching a stablecoin named Ripple USD (RLUSD). The primary goal behind this move is to establish a connection between the digital asset space and the traditional financial sector. This strategic decision has the potential to revolutionize the way cryptocurrencies
Bitcoin’s price has been fluctuating lately, with the bulls currently in control pushing the price above $60K. However, as we head into the weekend, trading volume is expected to decrease, potentially leading to more significant price movements. Lower trading volume results in less liquidity in the market, making it easier for price swings to occur.
The DeFi Education Fund and the Blockchain Association have collaborated to challenge the Securities and Exchange Commission’s Consolidated Audit Trail (CAT) database. The main argument presented in their amicus brief revolves around significant privacy and security concerns posed by the CAT, especially for participants in the digital asset market. They believe that the CAT could
Cardano (ADA) has experienced a significant price surge in the last seven days, gaining over 14% during this period. However, on-chain data suggests that investors who recently entered the market may be more inclined to secure their profits rather than hold onto their tokens. This is due to the fact that over an additional 12%
Pi Network is a unique crypto project that offers users the opportunity to mine and earn digital assets directly from their mobile devices. Launched in 2019, Pi Network sets itself apart by aiming to be energy-efficient through its use of the Stellar Consensus Protocol (SCP) as a consensus algorithm, developed by the Stellar Development Foundation.
Former Binance CEO Changpeng ‘CZ’ Zhao has recently been transferred from FCI Lompoc II to the RRM Long Beach halfway house in California. This move has sparked confusion among X users who mistakenly believed that he had been released. However, despite the change in location, CZ remains incarcerated. The RRM Long Beach facility is categorized
A recent development in the ongoing legal battle between cryptocurrency exchange Kraken and the US Securities and Exchange Commission (SEC) has seen a federal judge denying Kraken’s request to dismiss the lawsuit filed against them. The SEC has accused Kraken of operating an unregistered securities exchange, broker, dealer, and clearing agency, with the regulator alleging
The Federal Bureau of Investigation has taken a bold step in utilizing Non-Fungible Tokens (NFTs) to return $1.14 million to victims of the CluCoin fraud. This unprecedented move marks the first time that law enforcement agencies have employed NFTs to provide restitution to victims of fraud. By leveraging NFTs, the FBI aims to revolutionize the
The month of August has proven to be a rollercoaster ride for Bitcoin investors, with significant price fluctuations that have left many questioning the future direction of the cryptocurrency market. Despite starting the month on a positive note, Bitcoin saw multiple crashes throughout August, culminating in a 30% drop in the first week alone. This
