Binance has acknowledged that it may have mistakenly kept collateral backing some of its Binance-peg tokens—known as B-Tokens—in the same wallet as other company funds. These B-Tokens allow users to trade popular cryptocurrencies such as Ethereum (ETH) and Bitcoin (BTC) on the crypto exchange’s native BNB blockchain. When questioned on the reports, Binance told Decrypt that “on-chain data highlighted by…
Month: January 2023
AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week High – Market Updates Bitcoin News
Avalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight session in the process. Polygon also moved higher on Tuesday, hitting a one-week high. Avalanche (AVAX) Avalanche (AVAX) rose to a multi-month high…
Bitcoin halts volatility at $23K as BTC hodlers see mass return to profit
Bitcoin (BTC) traded sideways at the Jan. 24 Wall Street open with analysts at a loss over where price would go next. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price holds below key resistance Data from Cointelegraph Markets Pro and TradingView tracked a day of consolidation for BTC/USD, which continued to linger near $23,000. The pair saw little reaction…
Twitch Co-Founder’s Solana Gaming Platform Fractal Expands to Polygon
Fractal, a Web3 gaming platform that began life on Solana in late 2021, is coming to Polygon. Today, the company—which was co-founded by Justin Kan, co-founder of popular streaming video game platform Twitch—announced that it has launched support for NFT-powered games on the Ethereum sidechain network. With the move, Fractal has brought its same Web3 gaming suite and feature set…
7 people who could be Bitcoin creator Satoshi Nakamoto
Satoshi Nakamoto is the pseudonym used by the creator(s) of Bitcoin, whose true identity remains unknown. The name was used to author the original Bitcoin (BTC) white paper in 2008 and to create and deploy the first Bitcoin software in 2009. Nakamoto’s true identity has never been revealed, and they have remained an enigma in the world of cryptocurrency. They…
ETH price risks 20% drop if key support level breaks
Ether’s (ETH) rally versus Bitcoin (BTC) is not only showing signs of exhaustion, but is also in danger of breaking below a key technical support level. ETH slides vs. BTC in second half of January The ETH/BTC pair declined nearly 9.25% on Jan. 24 from its local top of 0.0779 BTC established on Jan. 11. Since the start of the…
Washington Townhome Tied to Disgraced FTX Co-Founder Listed for $3.28 Million Amid Controversy and Bankruptcy – Bitcoin News
A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million. The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same price it is selling for today. FTX Co-Founder’s Luxury Property Suspected to Have Been Used for Wining and Dining Political Elite in the Name of ‘Pandemic…
SushiSwap passes 100% fee relocation, 10.9M SUSHI clawback proposals
According to a governance proposal passed on Jan. 23, decentralized exchange (DEX) SushiSwap will soon redirect 100% of trading fees on the platform to its treasury for operations and maintenance for one year’s duration. The move came after CEO Jared Grey warned that the exchange “only has 1.5 years of treasury runway left,” even after slashing annual operating expenses from…
7 ways to address the dev talent shortage in the crypto industry
Ask any leader in any industry for a list of the significant issues they’re facing right now, and odds are they’ll mention the difficulty of finding and retaining top-quality talent. It’s been a long-term, ongoing issue when it comes to professionals with a technology focus, and as businesses across industries undergo digital transformation, it’s not just a problem for tech-focused…
Trading for HydraDX (HDX) starts January 24 – deposit now!
We’re thrilled to announce that Kraken now supports HydraDX (HDX)! Funding and trading Please note that HDX funding and trading are live. You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Already have HDX and a Kraken account? Click below to get started ⤵️ HDX tokens are tradeable on Kraken…