Crypto is becoming mainstream in Brazil, with 7.8% of the country’s population (about 16 million people) owning cryptocurrency. As a result, exchanges such as Binance, Crypto.com, and Coinbase are soaring in Brazil. Brazil is becoming the primary crypto market of Latin America as records show over 12,000 Brazilian companies have crypto holdings. Brazilian Tax authority…
In the early hours of Friday, news broke that a hacker had been able to successfully exploit the BNB Chain. However, unlike decentralized finance (DeFi) hacks that have become prominent in the crypto market, the hacker did not steal user funds. They had actually brought new BNB coins into circulation, in what would be one…
Binance’s signature Binance Smart Chain is the latest to suffer from an exploit, and the chain is “temporarily paused,” according to the official BNB Chain Twitter account and Binance’s CZ. Early hours following the hack look to show 2M BNB, or over $500M at time of publishing, through the Binance Bridge. Furthermore, many have criticized…
SAND is the native token of the Sandbox metaverse and is used to facilitate gameplay transactions such as purchasing digital land and interacting with user-generated content. Sandbox started out as collaboration between Pixowl and developer Onimatrix Binance listed SAND and is already available for trading on its platform The token is responding positively with this…
Bitcoin (BTC) trading volume is on the rise, as the cryptocurrency market shows some signs of improvement. As of this writing, BTC is trading at $19,326, up 3.2 percent in the last 24 hours, data from Coingecko show, Thursday. Today is one of the busiest trading days for Bitcoin since mid-June. CryptoQuant attributes the recent…
In response to proposals from the LUNC community, Binance has decided to burn all fees on LUNC spot and margin trading pairs. Binance said it would send the trading fees and margin trading pairs to LUNC burn addresses. The announcement was made via a blog post on Binance’s official website. The Terra Classic community expressed…
Data shows the Bitcoin spot trading volume has shot up recently, and has created a new high for the year 2022 so far. Bitcoin Spot Trading Volume Observes Sharp Uptrend As per the latest weekly report from Arcane Research, the 7-day average BTC volume has now hit a new yearly high of around $11.4 billion.…
There is strength in numbers and Binance Coin (BNB) has proven that time and again with its robust community of Bitcoin enthusiasts whose faith in the coin has always been its strong fortress. BNB surpasses 1 billion in terms of trading volume following network upgrade BNB price up by 2.04% Binance launches Binance Account Bond…
The introduction of stablecoins, like BUSD into cryptocurrency brought hope to many long-term investors. For those skeptical of the crypto space due to volatility, stablecoins become handy as their sailing means. As the name goes, stablecoins are meant to remain stable to the real-time value of the fiat currencies they are pegged to. Also, some…
It’s safe to say CZ is bullish on bitcoin and crypto’s future. Changpeng Zhao visited CNBC’s Squawk on the Street and flipped the prevalent bearish narrative on its head. In less than 2 minutes. Most of the things CZ said are based on common sense and a basic understanding of market forces, but still, it’s…