Bitcoin reserves held by crypto exchanges have hit record lows, according to data from CryptoQuant that goes all the way back to the beginning of 2021. Over the previous month, leading cryptocurrency exchanges have seen withdrawals totaling over 90,700 bitcoin, according to statistics compiled by CryptoQuant. Investors are removing their
Crypto exchange Coinbase has partnered with the open-source protocol Lightspark to provide its users a Layer-2 solution for the Bitcoin network. Users of Coinbase would supposedly benefit from faster and cheaper Bitcoin transactions in the future as a result of this strategic alliance. To enable inexpensive and quick transactions across
Binance, the biggest cryptocurrency exchange in the world based on trading volume, is expanding the accessibility of its Portfolio Margin product to non-VIP customers who have a minimum balance of 100,000 USDT in their Cross Margin and Futures accounts. A larger group of Binance traders are expected to benefit from
Binance is pleased to announce that the Binance Inscription Marketplace now accepts ARC-20 tokens. ARC-20 is a fungible token standard based on the developing Atomicals Protocol on Bitcoin. Binance is a trusted global blockchain ecosystem with over 185 million users globally. In addition to the many functionalities that are currently
Deribit, a global leader in cryptocurrency options and futures, is moving its operations to Dubai after a fresh green light from the region’s regulators. The Deribit group’s Dubai subsidiary, Deribit FZE, was declared by Deribit on April 2 as having obtained a VASP license from the Virtual Asset Regulatory Authority
Binance Charity, the charitable arm of the world’s leading blockchain ecosystem, joins forces with the Children of Heroes Foundation in an effort to provide aid and psychological rehabilitation to children affected by the continuing conflict in Ukraine. Together, they want to host “I am Da Vinci,” a 12-day rehabilitative camp for
After hitting a peak in early March, the 24-hour trading volume at Upbit—one of the largest cryptocurrency exchanges in South Korea—fell to $3.8 billion at the beginning of April. The Upbit exchange reached this year’s all-time high trading volume of around $15 billion on March 5. The fact that Bitcoin
Richard Teng, the exchange’s new chief executive officer after Changpeng Zhao’s resignation, is one of seven members of Binance’s board, according to a Bloomberg article. Binance executives Lilai Wang, Jinkai He, and Heina Chen all have equal board representation. Gabriel Abed, a former ambassador of Barbados to the UAE, Arnaud
Crypto exchange Coinbase has received USDC worth $1.4 billion, thanks to the current upswing in the crypto market. The on-chain crypto analytics company CryptoQuant reports that Coinbase had the largest influx of USDC stablecoin assets, valued at $1.4 billion. The specifics of the transfers are still murky, but market experts
Launching the Binance Women in Technology Academy in partnership with the Women in Technology Association (Wtech), Binance, the world’s largest blockchain ecosystem and cryptocurrency service provider by trading volume, aims to raise women’s financial literacy levels and promote equal opportunities in the technology sector. The academy targeted young female university
