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Search Results for: CZ

Coinbase Rating Changed From Buy to Neutral by Bank of America

As of today, Bank of America said it will be shifting its rating on Coinbase shares from buy to neutral. Since its all-time high of $357.39 on November 9, 2021, the price of COIN has fallen 86%, trading at $45.36 right now, a decrease of 7% over the last 24

November 19, 2022 2 mins read

Announcing the 2022 .eu Web Awards winners!

BRUSSELS–(BUSINESS WIRE)–The 2022 .eu Web Awards ceremony, held last night in Mechelen, Belgium celebrated the most outstanding .eu websites of the year. Organized by EURid, the .eu Web Awards is a competition for the best .eu, .ею and .ευ websites in six categories, where, .eu domain name holders showcase their

November 18, 2022 1 min read

Crypto Exchange Binance Suspends Solana USDC and USDT Deposits

Temporarily, Binance has stopped accepting deposits of USDC (SOL) and USDT (SOL) from users. This comes after crypto.com blocked USDC and USDT withdrawals and deposits for Solana. Crypto.com highlighted recent industry developments for the decision. After this news, the price of Solana (SOL) has fallen significantly. The price of SOL

November 17, 2022 1 min read

Crypto Market Maker B2C2 Offers Purchasing Loans From Genesis

After Genesis, a troubled crypto lending service halted client withdrawals on Wednesday, prominent cryptocurrency market maker B2C2 decided to help. Max Boonen, the founder of B2C2, tweeted minutes after the trading firm’s statement, “B2C2Group wishes to extend an offer to purchase loans from Genesis Trading’s book to alleviate the current

November 17, 2022 1 min read

Luna Foundation Guard (LFG) Releases Third-party Audit Report

In order to give complete transparency regarding assets and attempts to repeg TerraUSD (UST), the nonprofit organization Luna Foundation Guard (LFG) that manages the UST algorithmic stablecoin issued a technical audit. LFG seeks to address all claims involving misused money, insiders, holdings cash in other wallets, and monies blocked. A

November 17, 2022 2 mins read

US Authorities to Probe Binance’s Involvement in the FTX Demise

Binance, the largest cryptocurrency exchange is being investigated by the US authorities. According to a senior House Republican, the United States Congress has decided to probe Binance, claiming its involvement in the demise of the FTX exchange. In accordance with this, Patrick McHenry, a U.S representative stated:  This is serious.

November 17, 2022 1 min read

Abu Dhabi Global Market (ADGM) Grants Binance FSP License

The Abu Dhabi Global Market (ADGM) is the next stop for Binance’s cryptocurrency custody services. In Abu Dhabi, the Financial Services Regulatory Authority (FSRA) has approved the world’s largest cryptocurrency exchange granting financial service permission (FSP). In accordance with the terms of the license, Binance will be able to provide

November 16, 2022 2 mins read

Crypto Exchange OKX Announces $100M Market Recovery Fund

On Tuesday, OKX, a cryptocurrency exchange, announced the availability of $100 million in recovery funds to assist initiatives experiencing liquidity challenges. At a time when the crypto market was continuing to sink due to the FTX crisis, Binance CEO “CZ” proposed a similar industry recovery fund. OKX, a cryptocurrency exchange,

November 15, 2022 1 min read