Binance converts $1B BUSD to Bitcoin, Ethereum, BNB
The recent collapse of crypto-friendly banks has made Binance convert its $1 billion industry recovery fund to Bitcoin and other assets.
Happy Monday
The global crypto market cap is $1.07 trillion with a 24-hour volume of $110.7 billion. The price of Bitcoin is $24,138.95 and BTC market dominance is 43.5%. The price of Ethereum is $1,672.45 and ETH market dominance is 19.1%. The best performing cryptoasset sector is PoW, which gained 2,013%.
Latest News
Binance converts $1B BUSD to Bitcoin, Ethereum, BNB
The recent collapse of crypto-friendly banks has made Binance convert its $1 billion industry recovery fund to Bitcoin and other assets.
Helium on last leg in Lebanon despite high adoption as profit, utility remain elusive
Helium claimed that its internet of things would provide a wide variety of use cases and utility that would improve people's daily lives but has not made any progress years later.
Fifth week of losses in crypto investment products sees $255M withdrawals
This marked the largest weekly outflow, which represents 1% of the market, while Bitcoin-based products saw $224 million in outflows.
Market rally pumps bankrupt crypto firm holdings
Bankrupt crypto exchange FTX's crypto portfolio rose by roughly $63 million, according to Arkham Intelligence dashboard.
BitMEX halts all activities for a short time temporarily
The exchange said it identified an issue and halted all activities except cancel options for a short while
Coinbase lost $240M in Signature Bank closure
Paxos and Celsius also lost money in the shut down, however, the companies expect the recover the lost funds soon with the help of the FDIC.
Here’s why Pokemon’s web3 and metaverse plans face fan backlash
New job listing hints at exciting Pokémon metaverse experience: But will fans approve?
TUSD’s supply crosses $2B amid banking woes for stablecoin rivals
TrueUSD (TUSD) holds $852.27 million at the embattled Signature Bank, according to its real-time reserves data.
CryptoSlate Daily wMarket Update: Crypto market cap regains $1T as Feds measures spark green run
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Op-ed: TradFi failing is NOT a crypto problem. Blockchain fixes this.
Now is not the time to be fearful in crypto
Euler Finance EUL crashes 48% following $197M hack
Euler Finance confirmed that it was aware of the attack. Its native EUL token has dumped roughly 48% following the news.
Circle says USDC operations unaffected by SVB, Signature closures
Circle said that the $3.3 billion of USDC reserve deposits held at Silicon Valley Bank will be fully available on Monday.
Money printer go brrr sparking crypto market recovery
Crypto market cap surges after Fed introduces emergency measures, with expectations of triggering the bull market.
Hello.ok