Crypto news

Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering into a loan agreement. The facility, operating under standard market conditions, is unsecured and set to mature on January 1, 2030, and is expected to allow Northern Data Group to make further investments across its three business lines Taiga Cloud, Ardent Data Centers, and...

TL;DR Binance announced it will delist 23 margin trading pairs, including prominent ones like ADA/BUSD and the memecoins DOGE/BUSD and SHIB/BUSD, on November 9, with automatic closure and settlement of positions for these pairs. The delisted pairs are all denominated in BUSD, a stablecoin for which Binance will end support by early 2024, advising users to convert their BUSD holdings before February 2024. This move follows a previous delisting of several BUSD pairs in October,...

[PRESS RELEASE – New York, USA, November 2nd, 2023] Great crypto recovery news for victims of crypto scams. A relief fund has been set up to help victims of crypto scams to recover their money lost to crypto scams. According to the CEO of Report Scammed Bitcoin (RSB) Mr. Simon Britt, the relief fund is set to provide up to $9 billion refund for crypto scam victims. This much-needed initiative aims to compensate people who lost their hard-earned money due to deceptive...

[PRESS RELEASE – Zug, Switzerland, November 2nd, 2023] Verified and confirmed by Certik, TON blockchain hit a record of 104,715 transactions per second (TPS) during a public, live-streamed stress test. The Open Network Foundation (TON Foundation) has today announced that, during a successful live-streamed stress test, the TON blockchain has proven that it is the world’s fastest and most scalable public blockchain. The TON testnet was launched on 256 validators. Under heavy...

[PRESS RELEASE – Georgetown, Cayman Islands, November 2nd, 2023] Injective, a Cosmos Layer-1 blockchain designed to power next-generation DeFi applications, has selected the Kava Chain’s Native USDT for their Perps trading. The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos. This collaboration is poised to bring significant benefits to users of both platforms, signaling that...

The crypto wallets associated with the now-defunct crypto exchange FTX and its sister trading firm, Alameda Research, persist in diversifying their investments across various altcoins on numerous crypto exchanges. According to Spot On Chain data, FTX and Alameda’s addresses recently transferred nine assets amounting to $46 million to Kraken, Binance, and Coinbase once again. FTX and Alameda’s Massive Transfers Earlier today, FTX deposited $46 million worth of assets to...

Solana (SOL) has emerged as the top-performing crypto asset, rallying to a level last seen in August 2022. The seventh-largest crypto by market cap surged nearly 14% over the past day, surpassing $44 on November 2nd. The latest price action has pushed its yearly gains to 40% and its monthly gains to 80%. It has outpaced many of the leading coins, such as BTC, ETH, and XRP. Source: CoinGeckoSolana’s Recovery Since FTX Debacle Solana, which had attracted users and buzz with its...

EOS price started a fresh increase above the $0.60 resistance against the US Dollar. The price is now trading above $0.612 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.6295 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.6600 and $0.6720 resistance levels. EOS price is rising above $0.6200 against the US Dollar, like Bitcoin. The...

Litecoin started a steady increase above $67.50 against the US Dollar. LTC price is now trading above $68 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $67.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.20 and $72.85 resistance levels. Litecoin price is recovering from the $67.00 zone against the US Dollar, like Bitcoin. LTC...

[PRESS RELEASE – Melbourne, Australia, November 1st, 2023] ShareRing, a true self-sovereign digital identity blockchain Australian company, proudly announces its achievement as one of the first in the industry to be accredited under the “Digital Identities and Attributes Trust Framework” (DIATF) in the United Kingdom. This accomplishment marks a significant advancement in ShareRing’s technology and reaffirms the company’s commitment to reusable digital identity authentication...