Binance’s withdrawals spike following regulatory crackdown on Paxos issued-BUSD | Curated…

By akohad Feb15,2023

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Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.

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  • Binance witnessed $831 million of net outflows in the past 24 hours
  • Users withdrew around $2.8 billion of digital assets in the last 24 hours from Binance,
  • 342 million BUSD has been burned over the last 24 hours.
  • Paxos was ordered by SEC to stop issuing BUSD. Keep Reading »
  • Circle provided information on Binance reserves to the New York Department of Financial Services.
  • The report comes as Paxos’s regulatory difficulties grow more serious. Keep Reading »

  • The Ponzi scheme’s associated address has acquired 22.37 million MATIC, or around $27.32 million.
  • This MLM Ponzi scam is now Polygon’s fifth-largest stakeholder. Keep Reading »
  • Elliptic states the way Sinbad mixer operates is identical to Blender because of “ten-digit mixer codes, guarantee letters signed by the service address, and a maximum seven-day transaction delay.”
  • The firm alleges that Sinbad has laundered close to $100 million in BTC from hacks tied with Lazarus. Keep Reading »
  • The 2-year Standard plan comes down to $2.99/month.
    The 2-year Plus plan$3.99 /month.
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  • The 1-year Standard plan comes down to $4.49/month.
    The 1-year Plus plan$5.49/month.
    The 1-year Complete Plan$6.79/month.

  • The United Arab Emirates Central Bank plans to introduce a digital currency for both local and global use.
  • The program’s first stage of financial infrastructure transformation includes the release of a digital edition of the national currency of the United Arab Emirates. Keep Reading »

The hacker successfully transferred about 551 BNB from CoW Swap into Tornado Cash, which at the time of writing was worth about $181,600. CoW Swap’s settlement smart contract was the target of a hacker who made an infamous money transfer. Keep Reading »

We saw the highest of Number of Sales on 31st December which was 18.6K and the Lowest of number of sales was recorded on 2nd January which was 12.9K. This Metric showed an overall Decrease.

ADA Price Analysis: Is It a Good Investment Option

ADA is a token of the platform Cardano. Its current price is around $0.3816 at the time of writing, with a low of $0.2404, and its market cap is 13 billion dollars. The long-term outlook seems to reflect a bullish trend. However, technical analysis provides a more bearish outlook when looking at the short-term picture. Keep Reading »

MATIC Price Analysis: Is It a Good Investment Option

MATIC is a token of the platform Polygon. Its current price is around $1.25 at the time of writing, with a low of $0.3228, and it has a market cap of 10 billion dollars. Keep Reading »

AGIX Price Analysis February 2023

AGIX is a token of the platform SingularityNET. Its current price is around $0.4927 at the time of writing, with a low of $0.03354, and it has a market cap of 590 million dollars. Keep Reading »

MAGIC Price Analysis February 2023

MAGIC is a token of platform Treasure. Its current price is around $1.94 at the time of writing, with a low of $0.2133, and it has a market cap of 403 million dollars. Keep Reading »

Top 5 Crypto to Buy in 2023

The cryptocurrency market is one of the most volatile markets in the world, with a lot of uncertainty and risk.

Top 5 Crypto to Buy after FTX Crash: TRX, MATIC, IMPT, APE, and ADA

FTX filed for Chapter 11 bankruptcy on November 11, and its implosion created a ripple effect across the crypto industry. The crash of FTX has had a major impact on the crypto market and exchanges that use it. Keep Reading »

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