It is not more than just two months that the FTX, one of the top cryptocurrency exchanges, has gone through collapse after filing Chapter 11. This took a toll on the entire cryptocurrency market. Following this, the latest crypto news states that Binance loses money worth $12 billion. Although back …
Read More »USDC Popularity Increase: Stablecoin Rises With High Transaction Volume
Glassnode, a popular blockchain analytics company has recently reported that the daily transaction volume of USD Coin (USDC) has increased heavily. It mentioned that the transaction volume has increased four to five times as compared to its primary rival, Tether (USDT). In addition to this, the stablecoin USDC popularity increase …
Read More »Binance CEO Predicts Bitcoin Adoption To Increase
Changpeng Zhao, the CEO of Binance, a major crypto exchange in the world, certainly is bullish about the crypto market’s future. CZ smashed all bearish outlooks of the crypto space through his statement in a CNBC interview. The prominent thing to be noted in his interview is that CZ was …
Read More »Binance New Zealand Crypto Exchange Launches After Regulatory Approval
Binance New Zealand crypto exchange has recently been launched after the CZ-led crypto trading platform acquired regulatory approval for it. On the launch of the Binance New Zealand exchange, Changpeng Zhao (CZ), the CEO of Binance said that: “We see significant value in having a serious New Zealand presence.” Binance …
Read More »FTX Exchange Collapse: Consequences The Crypto Company Is Facing Now
Following the FTX Exchange collapse, the crypto company is going through a lot. There have been much-talked warnings of the heavy risks, and the auditors have been put into the spotlight. Here are all the things related to the crypto exchange crash that has affected it greatly. FTX Exchange Collapse: …
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