Binance, the world's largest cryptocurrency exchange, is under investigation for money laundering in Nigeria. According to reports, the exchange's NigGenesis Trading, a Hong Kong-based over-the-counter (OTC) trading desk, has ceased operations due to the ongoing crypto contagion caused by the collapEthereum traders have reversed their positions and returned to proof-of-work (PoW) after the recent Merge event, which saw the transition from proof-oThe U.S. Consumer Price Index (CPI) rose to a 9-year high in June, according to data released by the Labor Department on Wednesday. The CPI increase o
Kazakhstan's bitcoin mining industry has largely been restored after a nationwide blackout last week, according to reports. The country's hashrate, whThe legal troubles of Samuel Bankman-Fried, the CEO of FTX, continue to mount as he faces fraud charges in the United States. According to recent repo"According to CoinDesk's latest report, the DeFi (Decentralized Finance) sector has seen a significant increase in popularity, with a 7% gain in the pFTX, the first non-U.S. based cryptocurrency exchange to list a futures contract, saw its first futures contract soar 140% in its debut trading on Tue
The recent volatility in bitcoin futures has sent shockwaves through the markets, with prices surging and plummeting in a matter of hours. The sudden
The Bitcoin price has been trading above $40,000 for the past few days, but the upside potential may be limited by oversold conditions. The Relative SAccording to the latest report from CoinShares, the total investment in cryptocurrency saw record outflows in the past week, with investors pulling ou
Crypto Market Update: Bitcoin Drops, Stablecoins Shine, and Investors Brace for Uncertainty
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Binance, the world's largest cryptocurrency exchange by volume, has announced its entry into the decentralized finance (DeFi) market with the launch oBitcoin has been experiencing a significant correction in recent months, with the price dropping from highs of over $20,000 to lows near $4,000. Howev
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The future of Solana-based exchange FTX is uncertain after the platform's founder, Sam Bankman-Fried, announced that the company is facing a financialBinance, one of the largest cryptocurrency exchanges, has temporarily suspended USD deposits and withdrawals on its platform. The suspension, which wa