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👀Bitcoin Mining Stocks May Soon Outperform BTC In Near Term, Here’s Why❓ Stocks of the Bitcoin mining firms have closed the gap with BTC with strong gains over the past month and will likely continue going ahead. https://coingape.com/bitcoin-mining-stocks-may-soon-outperform-btc-in-near-term-heres-why/?utm_source=Telegram&utm_medium=cryptowolf
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⚠️ WazirX Hack Update: Founder Reveals Details On Fund Recovery, Withdrawals 👀 WazirX founder Nischal Shetty has unveiled preliminary details on the stolen crypto funds lost in the $230 million hack on July 18. Additionally, he also provided an update on reinstating withdrawals. https://coingape.com/wazirx-hack-update-founder-reveals-details-on-fund-recovery-withdrawals/?utm_source=Telegram&utm_medium=cryptowolf
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Best Crypto To Buy Now 1. Bitcoin (BTC) Market cap: $1.3 trillion 2. Ethereum (ETH) Market cap: $396.7 billion 3. Tether (USDT) Market cap: $103.6 billion 4. Solana (SOL) Market cap: $81.3 billion 5. Binance Coin (BNB) Market cap: $77.7 billion 6. XRP (XRP) Market cap: $32.8 billion 7. U.S. Dollar Coin (USDC) Market cap: $31.3 billion 8. Avalanche (AVAX) Market cap: $22.3 billion 9. Cardano (ADA) Market cap: $22.1 billion 10. Dogecoin (DOGE) Market cap: $19.0 billion
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US and UK probe Russian crypto exchange after it facilitated $20 billion in USDT transfers The US and the UK are probing Garantex, a Russian crypto exchange after it facilitated $20bn worth of tether transfers. Officials from both countries are said to be interested in the USDT transactions that occurred on the platform after it was sanctioned by the US Department of Treasury in April 2022. According to Bitcoin News, the $20bn worth of tether transactions represented the highest breach of sanctions imposed on Russia after it invaded Ukraine in February 2022. The transfers also highlight the difficulty in restricting money from flowing into Russia after it has been sanctioned by Western forces. Digital currencies and crude oil sales are believed to be the largest source of foreign exchange for Russia. The Russian government has managed to keep the country’s economy afloat despite the sanctions through these two major sources of foreign exchange.
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🔸 Binance Labs and BNB Chain launch new initiative to foster 100 innovative projects. The MVB Accelerator Program, now in its 7th season, a collaborative partnership between Binance Labs and CMC Labs. https://www.bnbchain.org/en/blog/mvb-accelerator-program-teams-up-with-cmc-labs-to-launch-new-founder-track-aiming-to-incubate-100-new-projects-on-bnb-chain #BinanceSquareTalks #BinanceBlockchainWeek #binancenews
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