Ad A new report from CryptoCompare, a provider of crypto market data, reveals that Binance’s market share rose from 59.4% in January to 61.8% in February. Binance, the world’s largest centralized crypto exchange, experienced a surge in its spot volumes, reaching an all-time high market share with a 13.7% increase to $504 billion, the report…
Ad Hedera’s (HBAR) core team announced that the network was experiencing “smart contract irregularities” about an hour before the time of writing. The team stated: “The @hedera core team is actively investigating the smart contract irregularity that has been discovered. They are working directly with teams across the DeFi ecosystem to determine the cause and…
Ad An important Ethereum upgrade is set to take place next week that will allow stakers to finally withdraw funds staked during the merge. According to a tweet from Ethereum core developer Tim Beiko, the upgrade is scheduled to occur on March 14, preceded by a community call the day before, as announced on the…
Ad Coinbase-owned Xapo bank announced its integration with the Bitcoin (BTC) Lightning Network on March 2, becoming the first fully-licensed bank integrated with the Lightning Network. This integration came at a time when two leading crypto banks – Silvergate and Signature- were experiencing troubles with their operations. Considering the current situation in the crypto banking sector,…
Ad In a recent tweet, on-chain detective ZachXBT said he “sincerely meant” he was ending community requests for help with crypto scams, adding that he’s done more than his fair share in rooting out the actions of bad actors. “It has been a nice ride the past 22+ months and I’ve been more than generous…
Bitcoin and the banking industry are two domains that have been experiencing tremendous growth in the last few years. However, their co-existence has not been free of challenges. In the latest episode of BitTalk, we explored the latest trends in the crypto and banking industry. Xapo: A Bank with Lightning Support Xapo, one of the…
Ad BitMEX co-founder Arthur Hayes has proposed a Bitcoin-backed dollar-pegged stablecoin NakaDollar (NUSD) which would be backed by $1 Bitcoin and one inverse perpetual swap of BTC against USD. In a March 8 blog post, Hayes said the stablecoin would not rely on USD reserves or centralized entities like banks. Instead, the NUSD will be…
Ad The cryptocurrency market cap saw net outflows of $16 billion over the last 24 hours and currently stands at $995.26 billion — down 1.6% from $1,011.26 billion. Over the reporting period, Bitcoin and Ethereum’s market cap fell 1.9% and 1.4% to $418.54 billion and $187.76 billion, respectively. The top 10 crypto assets recorded a…
Ad Bankrupt FTX proposed a retention plan that would pay the exchange’s employees bonuses of up to 94% of their salary, according to a March 8 court filing. The bonus is capped at $4,027,204 and is designed to cater to employees with “unique and specialized skillsets” that would be difficult to replace and are critical…
Crypto faces attacks from left and right, and traders are looking at contingencies. Monero (XMR) and Zcash (ZEC) are the most popular privacy-focused cryptos in the market today. Users are looking at these projects to keep their money safe. At the same time, Orbeon Protocol (ORBN) is surging thanks to its focus on democratizing investing….