Category: Binance
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Gnosis receives $2.3B Ethereum in a day, now 3rd largest ETH holder with 2.2% of supply
The Gnosis safe now contains the third-largest concentration of Ether, according to Etherscan, holding 2.2% of the coin supply — worth $2.9 billion.
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Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate
There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token (BTCST), a coin that represents 0.1 terahash (TH/s). Furthermore, the mining operation…
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EToro warns users it’s running out of crypto to trade due to ‘unprecedented demand’
Exchange platform eToro is struggling amid surging demand for crypto, sending an email to all users warning of possible trading limitations this weekend.
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Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High
The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an all-time high (ATH) at 20.61 trillion, the highest difficulty the network has ever experienced in…
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Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings
As bitcoin and a number of digital assets saw deep losses on Monday, a few crypto-asset exchanges had difficulties. Traders have been complaining about issues with exchanges like Coinbase, Kraken, and other trading platforms during the volatile price swings. Bitcoin (BTC) and many other cryptocurrencies have suffered a dip in value during the course of…
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Binance and Orbs sponsor new accelerator for DeFi startups
The accelerator will incubate new and innovative DeFi projects with a blockchain-agnostic outlook.
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Top crypto mergers and acquisitions of 2020
Amid the chaos that was 2020, crypto companies inked almost $700 million worth of mergers and acquisitions.