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Binance reviewed the FTX documents and decided to cancel the deal. FTX won’t be saved by its biggest competitor — a day after announcing the takeover, Binance said it didn’t like what it found in the documents. Bloomberg writes that the management of FTX faced a “financial black hole” – a gap between liabilities and […]
Members of the European Union should be ready to completely block cryptocurrency mining. This is stated in the statement of the European Commission. The EU is also developing an energy efficiency label for blockchains. The reason for this decision is the preparation of the European region for winter with a number of uncertain circumstances. The […]
MasterCard is preparing a new service for the premiere, with the help of which banking institutions will be able to quickly detect transactions in favor of suspicious crypto-markets in order to block them further. According to CNBC, CryptoSecure is based on the technology of blockchain startup CipherTrace, which MasterCard bought in 2021. Credit organizations will […]
Binance has thoroughly taken up the Ukrainian market and is receiving more and more support from both the state and business. Thus, another partner of the world’s largest crypto exchange has become the large Ukrainian chain of gas stations WOG: thanks to this, another alternative method of paying for fuel and services has become available […]
Bitcoin surged 6% today for its biggest gain in a month, rallying alongside Asian shares amid a weaker US dollar and clearing the psychologically important $20,000 mark. According to Bloomberg, the world’s largest cryptocurrency by capitalization rose to $20,520, outpacing other popular tokens, including Ethereum. Asian shares were also positive as investors’ risk appetite returned, […]
On September 7, the bitcoin rate fell to its lowest level since June (below $19,000 per coin), and the cryptocurrency market capitalization once again fell below $1 trillion. Over the course of the day, the main cryptocurrency partially recouped its losses, but the other interesting thing is that of the 100 largest cryptocurrencies by capitalization, […]
Binance, the largest cryptocurrency exchange, will convert any existing and new deposits in dollar-pegged cryptocurrencies into its own BUSD stablecoin. In particular, the change will affect deposits in USDC, USDP and TUSD. Binance will also cease all trading of spot pairs involving these cryptocurrencies. USD savings accounts, DeFi staking, and the USDC/USDT liquidity pool will […]
The cryptocurrency Bitcoin fell for a fifth straight day and dipped below $22,000 as investors weighed mixed signals from the Federal Reserve on the pace of rate hikes. This is reported by Bloomberg. The largest cryptocurrency fell 13% to $20,877.55, the lowest level in the last 7 days. The second largest cryptocurrency, Ether, has fallen […]
Crypto investors have been hit hard by hacks and scams this year. One reason is that cybercriminals have found a convenient way to get to them: cryptobridges. Bridges connecting networks to speed up token swaps are gaining popularity as a way to transact between blockchains. Using them, exchange participants bypass centralized exchanges – such connections […]
Cryptocurrency mining company Riot Blockchain has decided to shut down several installations to save on power consumption. As a result, it helped the company make money, reports theregister.com. Texas-based company Riot Blockchain has shut down some equipment to reduce electricity consumption as the price of electricity has risen recently. As a result, ‘surplus’ energy was […]