Wed, July 1

LUNC, USTC Deposits and Withdrawals Will Be Halted by FTX

FTX will suspend deposits and withdrawals of LUNC and USTC. The exchange will also stop its support for Anchor Protocol (ANC) token. According to the recent announcement from the prominent cryptocurrency exchange, FTX, the deposits and withdrawals of Terra Classic (LUNC) and TerraClassicUSD (USTC) will be halted by the platform

September 5, 2022 1 min read

Mercado Bitcoin’s Parent Firm ‘2TM’ Announces Second Layoff

This wave of layoffs follows a round of reductions at 2TM in June. The business laid off 90 people, or 12% of its total workforce of 750 previously. In light of the ongoing crypto winter, 2TM, the parent business of the Latin American exchange Mercado Bitcoin, has announced the second

September 5, 2022 1 min read

Nigeria and Binance Plan Establishing Digital Economic Zone

The new digital economic zone will assist companies make the switch to blockchain.  Collaboration would attempt to establish a “virtual free zone” similar to Dubai’s. Binance and Nigeria are in talks to establish a blockchain-based digital economic zone in Nigeria. The team at Binance has been on a massive expansion

September 5, 2022 1 min read

Binance to Halt Terra Token Transactions Via Shuttle Bridge

As of September 7th, 2022, all withdrawals and deposits will be frozen permanently. The Terra Classic network will still be available for customers. Binance said in an update that it would stop accepting ETH (ERC20) and USTC (Shuttle) transactions for LUNC (Shuttle).  It will also halt transactions on the Ethereum

September 4, 2022 2 mins read

Binance Offers Zero Trading Fees For Ethereum Ahead of Merge

This only applies to trading between Ethereum and BUSD. Coinbase is evaluating the possibility of keeping both cryptocurrencies listed. Since the release of Bellatrix, the upgrade to Beacon Chain that paves the way for the Ethereum Merge, is scheduled for September 6th. The prominent exchange Binance has stated that it

September 4, 2022 2 mins read

CZ Reveals Binance Shared Required Information to DOJ

Binance was subpoenaed to provide any and all data pertaining to any and all files. Exchanges must register with the Treasury Department and adhere to AML rules. Binance was requested by U.S. authorities to hand over records. This was pertaining to the company’s anti-money laundering measures, as well as messages

September 4, 2022 2 mins read

Binance Helps Narrow Down Two Suspects of Kyberswap Exploit

The Intel had been sent to the Kyber team as confirmed by CZ. Kyberswap announced a bounty of 10% to the hacker. Crypto exchange Binance has helped investigate a $265,000 breach on decentralized cryptocurrency exchange KyberSwap by narrowing down two suspects. On September 1st, an attacker used a front-end flaw

September 3, 2022 2 mins read

Robinhood Integrates Polygon (MATIC) in Their Network

MATIC is now available for trading on the Robinhood platform. Robinhood users can utilize MATIC on the PoS chain to perform a variety of tasks. Robinhood, the leading trading platform in the US has now opened gates for MATIC tokens. MATIC is the native token for the Polygon network, which

September 2, 2022 2 mins read

Binance CEO Refutes Claims of Exchange’s Illicit Link to China

CZ explains that Chen is actually a coworker he met through a mutual friend. CZ responded to criticism in a blog post published by Binance on Thursday. Changpeng Zhao (CZ), CEO of Binance, responded to allegations that the company is a “criminal entity” and “secretly [belongs] in the pocket of

September 2, 2022 2 mins read

Robinhood Listed Cardano (ADA) Ahead of Vasil Hard Fork

Robinhood has been slow to add new crypto to its platform in recent months. Despite the listing, ADA investors have shown little enthusiasm. Recently, Cardano (ADA) has seen nothing but positive developments, with the listing of ADA on Robinhood, a U.S. retail investing platform, and the release of the first

September 2, 2022 2 mins read