A ‘snap back’ to $20K? 5 things to know in Bitcoin this week
Bitcoin sees split opinions as major $25,000 resistance combines with early signs that all is not well with the BTC price rally. Bitcoin (BTC) starts the last week of February…
South Korea’s Kimchi premium turns to discount
The “Kimchi premium” has flipped to discount again, and that could be saying something about crypto market sentiment, at least in South Korea. South Korea’s “Kimchi premium” has flipped to…
Stacks Price Surges 58% To $0.61 – Buy STX Now?
Stacks (STX) is leading the gains in the crypto market as traders wait to see what the new week has in store for them. The Go to Source
Platypus Needs To Find $8.5 Million For Its Customers, And Fast
Platypus is working on a plan to compensate the losses its users incurred following a flash loan attack that saw the decentralized finance (DeFi) protocol Go to Source
‘Unworkable’ bill to ban blockchain immutability is introduced in Illinois
Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen. A recently introduced Illinois Senate Bill has…
Yield platform Stablegains sued for promoting UST as a ‘safe’ investment
The stablecoin yield platform is being sued for customer losses following exposure to the Anchor Protocol and UST collapse last year. Decentralized finance yield platform Stablegains has been sued in…
Nifty News: Yuga in doghouse over Kennel Club logo, NFT marketplace wars rage on and more
The logo for a popular Yuga Labs NFT collection is being changed after it was seemingly ripped off from a follow-along children’s drawing creator. New logo slated for Yuga’s dog-themed…
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that…
Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchanges
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have access to…
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is…