Liquity v2 sees $17M outflows amid stability pool warning

Binance is set to implement new compliance measures for South African users, requiring sender and receiver information for all crypto deposits and withdrawals. In an announcement on April 23, the largest exchange in terms of daily trading volume of cryptocurrencies said the move comes in response to local regulatory demands. Starting April 30, Binance users

According to a recent report from crypto analytics specialists Chainalysis, Ethereum (ETH) has become the crypto platform of choice for scam artists. Its research suggests that 2018 saw far more sophisticated, higher-earning scams carried out using ETH, although the actual number of these crimes dropped significantly year on year.The amount stolen through ETH-based scams doubled…

Crypto.com and The Economist teamed up to survey more than 3,000 consumers on issues concerning crypto assets. The survey found far greater trust in central bank digital currencies, or CBDCs, than decentralized cryptocurrencies — indicating that crypto is still yet to gain widespread trust from the public.Cointelegraph spoke to Crypto.com COO, Eric Anziani, to discuss the…

MicroStrategy’s Michael Saylor has no intention of selling from his firm’s $5-billion Bitcoin chest despite a 40% drop in the value. 358 Total views 21 Total shares Despite a 40% drop in the value of Bitcoin (BTC), MicroStrategy’s Michael Saylor has no intention of selling his firm’s $5-billion stash.Even if BTC suffers a lengthy bear…

After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56. 600 Total views 23 Total shares The average transaction fees for Bitcoin have dropped under the $1 mark, and are back to levels not seen since before the rewards halving. According to data from crypto analytics website…

Ripple chief legal officer Stuart Alderoty said the firm had agreed to drop its cross-appeal with the SEC and will be refunded roughly $75 million from an August 2024 judgment. Blockchain firm Ripple Labs’ case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after more than four years, subject to

Fundstrat’s Tom Lee believes Bitcoin (BTC) will accrue price value following a similar logic to the Silicon Valley tech titans.During an interview for CNBC’s Street Signs Asia on show on Nov. 15, Lee argued that cryptocurrencies “are network value assets” — and share this with the world’s most successful tech stocks.“Network value assets”Lee — a…

BCAT Africa 2022 aims to increase crypto awareness on the continent at a time when more Africans are turning to digital assets. 179 Total views 4 Total shares With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies…

A mob-themed NFT collection has launched, but recent data suggests the nonfungible token market may already have peaked. 2391 Total views 20 Total shares The founders of a Las Vegas mob attraction are launching mob-themed nonfungible tokens encompassing digitized versions of real-world organized crime memorabilia.Dubbed “The Mob Experience,” the collection includes NFT versions of artifacts that…