More than 5,505 Ether of the Ronin Bridge exploitation seems to be transferred through Tornado Cash, a unique privacy crypto exchange. Blockchain data showed that the address associated with the $625 million Ronin Bridge Attack had begun transferring ether tokens valued at over $10 million. This occurred during the Asian morning hours. The data showed…
It is no surprise that international support for Ukraine continues to grow following the invasion by Russia. After Russia invaded Ukraine, experts from every sector started getting worried about worse cases. For example, cybersecurity experts started answering if a global cyberwar is about to unfold. The crypto money industry did not remain idle either. Binance,…
Bitcoin has recovered back to $42,000 since the dump after recording a bearish trend. Since then, sentiment, as well as momentum, has since turned towards the positive, leading the digital asset back on the path to a bull rally. But this does not tell the whole story. In this report, we take a look at…
Bitcoin on-chain data shows the crypto exchange Binance observed large inflows amounting to almost 10k BTC yesterday. Bitcoin Netflow Shows A Huge Positive Spike As 10k BTC Enters Binance As pointed out by an analyst in a CryptoQuant post, the BTC netflow had a big positive spike yesterday, a sign that’s usually bearish for the…
Several regulators around the globe have taken a hostile approach around crypto exchanges and crypto-related companies by forbidding them to advertise the industry to the general public. However, Binance’s CEO Changpeng Zhao thinks this will not affect the high demand of the market. Curbing Crypto Ads Crypto-related firms have been accused by international regulators of…
It’s official, this was Binance Coin’s year. There are no two ways about it, BNB crushed it throughout 2021 and cemented itself as the third more popular coin in the world by market capitalization. Not a small feat, considering the phenomenal year that altcoins had. Several projects had their moment in the sun, capturing capital,…
It’s safe to say that DeFi is booming lately – and Terra’s stablecoin UST has swiftly emerged as a powerhouse player in DeFi, swimming among of sea of centralized tokens such as Tether’s USDT and Circle’s USDC. DeFi is wholeheartedly embracing UST, and new protocol integrations are popping up faster than most can keep up…
Binance, the world’s largest cryptocurrency exchange by trading volume, is still dealing with regulatory issues in 2021. According to a Reuters story, the country’s Financial Crimes Investigation Board has fined Binance’s Turkish affiliate, BN Teknologi, an 8 million lira (about $751,314) penalties (MASAK). Binance Turkey Fined Binance Turkey was fined 8 million lira (almost $750,000)…
Bitcoin’s circulating supply has fallen near the end of 2021, with December representing the lowest month on average in years for Btc supply. 6.3% Of BTC On Exchanges The amount of Bitcoin in circulation has been falling since the halving in 2020, according to a new study from CryptoRank, with access to acquire Bitcoin on…
Enter Changpeng Zhao AKA CZ. The debate around Web3 that Jack Dorsey started keeps raging on. Crypto Twitter is burning with hot takes and killer responses. And it’s time for Binance’s CEO to enter the ring. He does it in a roundabout way, by defending the idea of entrepreneurs creating new coins. In fact, one…