Crypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal Policy Binance US, the U.S.-based cryptocurrency exchange affiliated with Binance, updated its terms of use on Tuesday. The […]
Venus Protocol is a decentralized money market protocol for lending and borrowing cryptocurrencies. It provides low-cost, fast transactions and allows users to take out loans with fast issuance and no credit check. Unlike centralized lenders, such as BlockFi and Celsius —who declared bankruptcy and froze user withdrawals in 2022—users don’t need to sign up with […]
The post What is Venus Protocol? appeared first on CoinCentral.
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines Coinbase for Operating Without Registration De Nederlandsche Bank (DNB) […]
Tesla and Spacex CEO Elon Musk has raised concerns with cryptocurrency exchange Binance about its dogecoin issue. Musk calls the situation “shady,” adding that “DOGE holders using Binance should be protected from errors that are not their fault.” Both Binance CEO Changpeng Zhao and the official Twitter account for the crypto exchange responded. Elon Musk […]
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers behind this crisis that made […]
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance, […]
The post The New Bitcoin Banks Are Here appeared first on Bitcoin News.
Coinbase has announced that it plans to list over 30 cryptocurrencies, with many more to follow. In its largest listing spree to date, the California-based exchange will add dozens of cryptocurrencies in the coming months, including dai, mana and neo. Moving forward, Coinbase ultimately plans to add over 90 percent of “all compliant digital assets.” […]
The post Coinbase Opens the Door to More Than 30 New Cryptocurrencies appeared first on Bitcoin News.
There’s only 10 days left until the Bitcoin Cash (BCH) network hard fork scheduled for Nov. 15. At the moment the upgrade has two competing BCH clients with different ruleset changes, so the upcoming fork could cause a chain split. Because of the contention over certain upgrade proposals, a slew of exchanges and wallet providers […]
The post Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency Plans appeared first on Bitcoin News.
When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep […]
The post Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges appeared first on Bitcoin News.
British-based digital bank Revolut has applied for financial licenses in two European Union member states, Lithuania and Luxemburg, in the light of risks associated with Brexit. We’ve covered its progress in The Daily. Also in the rubric on Wednesday, Estonian startup introduces multi-currency wallet supporting BCH, Binance increases the market supply of its BNB coin, […]
The post The Daily: UK’s Revolut Seeks EU Licenses, Quppy Launches Wallet With BCH appeared first on Bitcoin News.
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