Binance Halts Deposit And Withdrawals For Its UK Users.
Crypto exchange Binance halted the services for its new users on Monday, and will suspend withdrawal and deposit transactions for all customers on May 22
Source
Circle reveals $3.3 billion exposure to Silicon Valley Bank
Silicon Valley Bank is one of 6 banking partners Circle uses for managing the ~25% portion of USDC reserves held in cash
The worlds stupidest wannabe crypto "enforcer" attempts to make a name for herself by suing Kucoin and alleging that ETH is a security...
https://www.msn.com/en-ca/money/topstories/new-york-sues-kucoin-expands-cryptocurrency-crackdown/ar-AA18qBdq
Bankrupt crypto lender Celsius re-opens withdrawals for certain custody accounts — link
Читать полностью…Justin Sun is the largest individual staked ether holder
⦁ His balance on Lido, the largest liquid-staking protocol, is now nearly $500 million
⦁ On Saturday, Lido saw a $240 million inflow in the form of 150,000 $ETH in a series of transactions evidently by Sun. It is its largest daily stake inflow to date
⦁ After that, Lido activated a new safety feature, the Staking Rate Limit (the daily cap is set at 150,000 ether)
⦁ The value of assets in liquid-staking protocols is $14.22 billion now, which is just behind the $19.32 billion at decentralized exchanges
⦁ Liquid staking has replaced the lending and borrowing business as the second-largest sector of DeFi, following several high-profile failures of companies in that sphere last year
⦁ Lido's total deposits now total $9.3 billion
Yesterday was the highest options 24h volume this year with over $3 billion nationally
Читать полностью…On June 1st, 2023, Hong Kong will officially make crypto purchase & sell, trading, fully legal for all of its citizens — link
Читать полностью…Three Arrows Capital founders launch exchange where you can trade 3AC bankruptcy claims — link
Читать полностью…The supply of the Tether stablecoin continues to grow amidst the bitcoin price rally as new capital comes into the digital asset ecosystem
Читать полностью…Binance has temporarily suspended auto-conversion of USDC to BUSD due to current market conditions, says it is a normal risk-management procedure
Читать полностью…Euro share of BTC volumes has spiked in the last few days vs. USD. Up 3x since November as regulatory ambiguity continues to hurt the US — link
Читать полностью…Jump Crypto is unnamed firm that made $1.28B from Do Kwon’s doomed Terra ecosystem — link
Читать полностью…SEC poised to sue company behind failed Terra USD stablecoin, charges Do Kwon with fraud
Читать полностью…Bankrupt crypto lender Celsius proposes sale plan to NovaWulf
Proposed sale would see smaller creditors get around 70% of their money back
Larger creditors would become shareholders in a new entity that would eventually go public and add fresh business lines.
Defending its handing of BUSD Paxos: We will engage with the SEC staff on this issue and are prepared to vigorously litigate if necessary —press
Читать полностью…Big Newsfor Uniswap
Uniswap DAO has concluded the final vote to deploy Uniswap v3 on the BNB Chain.
The crypto vote ended on Friday with 66% of DAO delegates in favor of the move.
https://www.theblock.co/post/210570/uniswap-dao-completes-vote-for-proposed-bnb-deployment
Coinbase's CEO cites 'rumors' the SEC may ban crypto staking for retail customers
https://twitter.com/brian_armstrong/status/1623459203150131201 — link
Former Coinbase Manager pleads guilty in the first ever Crypto insider trading case
https://www.reuters.com/article/idUSL1N34N1C0
Ethereum staking withdrawal testnet for Shanghai upgrade goes live tomorrow — link
Читать полностью…