Binance Square
exchanges
511,409 megtekintés
254 Bejegyzések
Népszerű
Legfrissebb
LIVE
LIVE
WISE CRYPTO NEWS
--
Cardano #skyrocket s 28% in Volume as ADA Price Eyes Epic Breakout Cardano explodes epic 28% in volume, while ADA price eyes breakout According to CoinGlass, the volume of derivatives trading on the popular cryptocurrency Cardano (ADA) has increased by 28.9% over the past 24 hours. Thus, as the data reports, perpetual futures on the Cardano token reached $362.30 million over the past 24 hours.  Moreover, according to CoinMarketCap, the volume of ADA trading on spot markets among all #exchanges amounted to $306.29 million during the period under review. Thus, the total trading volume of Cardano token on spot and derivatives markets amounted to $668 million over the past day.  It is interesting to note that unlike the futures market for the Cardano token, the volume on the spot market did not increase over the 24-hour period but actually decreased slightly. This suggests that ADA trading was mainly on the open futures market and was more speculative than investing in nature.  Cardano (ADA) price outlook And there is plenty of room for speculation with Cardano. Looking at the price chart of ADA, we can see that first, the price of the token increased today, and second, it reached the key level of $0.46, which unfortunately it could not overcome.  ADA to USD by #CoinMarketCap This zone represents a strong price ceiling for the popular cryptocurrency, which it has not been able to break for a long time. Against this backdrop, jokes even began to appear that ADA is a stablecoin that costs $0.45. If Cardano is able to break through this mark, or rather $ADA buyers bring the token to the zone above, the jokes would quickly end. #StartInvestingInCrypto #BNBCrossing660
Cardano #skyrocket s 28% in Volume as ADA Price Eyes Epic Breakout

Cardano explodes epic 28% in volume, while ADA price eyes breakout

According to CoinGlass, the volume of derivatives trading on the popular cryptocurrency Cardano (ADA) has increased by 28.9% over the past 24 hours. Thus, as the data reports, perpetual futures on the Cardano token reached $362.30 million over the past 24 hours. 

Moreover, according to CoinMarketCap, the volume of ADA trading on spot markets among all #exchanges amounted to $306.29 million during the period under review. Thus, the total trading volume of Cardano token on spot and derivatives markets amounted to $668 million over the past day. 

It is interesting to note that unlike the futures market for the Cardano token, the volume on the spot market did not increase over the 24-hour period but actually decreased slightly. This suggests that ADA trading was mainly on the open futures market and was more speculative than investing in nature. 

Cardano (ADA) price outlook

And there is plenty of room for speculation with Cardano. Looking at the price chart of ADA, we can see that first, the price of the token increased today, and second, it reached the key level of $0.46, which unfortunately it could not overcome. 

ADA to USD by #CoinMarketCap

This zone represents a strong price ceiling for the popular cryptocurrency, which it has not been able to break for a long time. Against this backdrop, jokes even began to appear that ADA is a stablecoin that costs $0.45. If Cardano is able to break through this mark, or rather $ADA buyers bring the token to the zone above, the jokes would quickly end.
#StartInvestingInCrypto #BNBCrossing660
How the Major Exchange Coins / Tokens performed in May: CEXs Gainers: Up by 📈 🔵 BGB (Bitget): Up by 19% 🟡 $BNB  (Binance): Up by 7.9% 🔵 GT (Gate. io ): Up by 4.7% 🟡 LEO (Bitfinex): Up by 2.2% Losers: Down by 📉 ⚫️ WBT (WhiteBIT): Down by 1.1% 🟢 KCS (KuCoin): Down by 1.1% ⚪️ OKB (OKX): Down by 7.1% 🔵 HT (Huobi): Down by 8.5% 🔵 MX (MEXC): Down by 13.7% 🔵 CRO (Crypto. com): Down by 16.1% DEXs Gainers: Up by 📈 🦄 UNI (Uniswap): Up by 28.7% 🎠 1INCH (1inch Network): Up by 22.6% ®️ RUNE (Thorchain): Up by 13,2% 🐦‍⬛ GNO (Gnosis): Up by 10.5% 🍣 SUSHI (SushiSwap): Up by 8.9% 🪐 JUP (Jupiter): Up by 2.1% 🧁 CAKE (PancakeSwap): Up by 0.9% Losers: Down by 📉 🗼 XLM (Stellar): Down by 3.8% 📐 LRC (Loopring): Down by 4,4% 🍵 $OSMO  (Osmosis): Down by 5,4% Numbers are according to CoinGecko (3.05/3.06 - 10:30 UTC) $UNI is the champion of the month {spot}(UNIUSDT) $CRO is the loser of the month #exchanges #BNB_Market_Update #Uniswap’s
How the Major Exchange Coins / Tokens performed in May:

CEXs

Gainers: Up by 📈

🔵 BGB (Bitget): Up by 19%

🟡 $BNB  (Binance): Up by 7.9%

🔵 GT (Gate. io ): Up by 4.7%

🟡 LEO (Bitfinex): Up by 2.2%

Losers: Down by 📉

⚫️ WBT (WhiteBIT): Down by 1.1%

🟢 KCS (KuCoin): Down by 1.1%

⚪️ OKB (OKX): Down by 7.1%

🔵 HT (Huobi): Down by 8.5%

🔵 MX (MEXC): Down by 13.7%

🔵 CRO (Crypto. com): Down by 16.1%

DEXs

Gainers: Up by 📈

🦄 UNI (Uniswap): Up by 28.7%

🎠 1INCH (1inch Network): Up by 22.6%

®️ RUNE (Thorchain): Up by 13,2%

🐦‍⬛ GNO (Gnosis): Up by 10.5%

🍣 SUSHI (SushiSwap): Up by 8.9%

🪐 JUP (Jupiter): Up by 2.1%

🧁 CAKE (PancakeSwap): Up by 0.9%

Losers: Down by 📉

🗼 XLM (Stellar): Down by 3.8%

📐 LRC (Loopring): Down by 4,4%

🍵 $OSMO  (Osmosis): Down by 5,4%

Numbers are according to CoinGecko (3.05/3.06 - 10:30 UTC)
$UNI is the champion of the month


$CRO is the loser of the month

#exchanges #BNB_Market_Update #Uniswap’s
Crypto Exchange Listing and Delisting Announcements: May 27, 2024#listings #exchanges #Alert🔴 #BigNews #Write2Earn! Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. MEXC. Listings: ChainCross (CXT) 0xScans (SCANS) Homeety (HOM) BscSats (BSCSATS) Few and Far (FAR) Retik (RETIK) BladeSwap (BLADE) Babyshib (BABYSHIB) Sekuya (SKYA) Simpson Trump (SIMPSONTRUMP) Aped in Base (APEDBASED) GameStop (GSTOP) MAGA The Hat Movement (MAGAETH) Mistery On CRO (MERY) Ancient World (TAW) BNBS Coin (BNBS) DAppNet (DAPP) OnCall BETA (OBETA) Foxsy (FOXSY) LandWolf (LWOLF) HashPack (PACK) Eternal AI (EAI) Babylong (BABYLONG) Kim (KIM) Love Monster (LOVE) The Monstraverse (NOTS) Camelsa Coin (CML) Black Gold Dog (BGG) Devon Rex (REC) ARQx (ARQX) BlockChainPeople (BCP) HeliChain (HELI) Black Elon (BLKELON) Carazy Pepe (CRAZYPEPE) Multi Universe Central (MUC) Shrek AI (SHREKAI) CATS (CATS1) Floki AI (FLOKIAI) Invest Club Global (ICG) TriDeFi (TRID) MON Protocol (MON) Source Protocol (SOURCE) SolarX (SXCH) Ergosum (FAVE) Data and pass (DATAPASS) Zack Morris (ZACK) GPU Miner (GPUMINER) RGBmemes (RGBMEMES) TBK (TBK) Medicure (MEMEE) Tomwifhat (TWIF) Midnight (NIGHT) CogniChain (CGT) Simpson Pepe (SESE) QuantumHera (MEMEHA1) Mara Chain (MARA) Cardano (CARDANO) MON Protocol (MON) Juicybet (JSP) X-Capital (MEMECAP) Binance. Added Trading Pairs: USDC/TRY KuCoin. Listings: Holograph (HLG) MON Protocol (MON) Bitrue. Listings: Javsphere (JAV) Retik (RETIK) Doland Tremp (TREMP) AIOZ Network (AIOZ) MAGA (MAGA) Zack Morris (ZACK) Notcoin (NOT) Caitlyn Jenner (JENNER) GG MetaGame (GGMT) Poloniex. Listings: BUILD (BUILD) Game of Memes (GOME) Zack Morris (ZACK) Nigi (NIGI) Laughing Shoe (SHOE) DogWifMaga (WIFMAGA) MooCat (MOOCAT) Midnight (NIGHT) Gorilla In A Fucking Coupe (COUPE) FUACK (FUACK) DogWifNoHat (NOHAT) NIM Network (NIM) Pepe On Base (PEPEBASE) Hugh Henne (HUGH) Ezion Thomas (ZION) Pepe On Solana Community (PEPESOLCOMM) Beercoin (BEERSOL) Ab DeFi (ABI) Maga Sol (MAGA) CoinEx. Listings: Caitlyn Jenner (JENNER) Andy (ANDY) iMe Smart Platform (LIME) MON Protocol (MON) MAGA (MAGA) Game Of Memes (GOME) Joecoin (JOECOIN) Tether Gold (XAUT) Cross The Ages (CTA) Joystream (JOY) Morpheus (MOR) Subsquid (SQD) Holograph (HLG) Decentralized (DECENTRALIZED) Nyan Heroes (NYAN) BitMart. Listings: IVEX (IVEX) Roxy Frog (ROXY) Goi Coin (GOI) BUILD (BUILD) MAGA (MAGA) Nyan Heroes (NYAN) Nvdia Token (NVDIAT) Engines of Fury (FURY) Mog Coin (MOG) Papu Token (PAPU) LinqAI (LNQ) LiquidLayer (LILA) Polymesh (POLYX) Ledgity (LDY) Pambicoin (PAMBI) Baby Pepe (BABYPEPE) Step It Up (STEP) Caitlyn Jenner (JENNER) zkRace (ZERC) Pedro Meme (PEDRO) LBank. Listings: Zack Morris (ZACK) Source Protocol (SOURCE) Penjamin Blinkerton (PEN) LoveBit (LB) GoMining (GOMINING) LayerOneX (L1X) Gensler (SEC) Artdollar (AD) K9 Finance DAO (KNINE) Lucky Draw Koin (LDK) Caitlyn Jenner (JENNER) P2B Crypto Exchange. Listings: Retik (RETIK) Opulence (OPULENCE) MyBid (MYBID) Shiba Keanu (SHIBAKEANU) Success Kid (SKID) IQT Global (IQT) Game of Memes (GOME) X-Defence (XCOIN) AscendEX. Listings: Gummy (GUMMY) Maneki (MANEKI) Dota (DOTA) Nubcat (NUB) FatherOfMeme (FOMO) Keyboard Cat (KEYCAT) Noggles (NOGS) StrikeX (STRX) BigONE. Listings: Source Protocol (SOURCE) Crypto.com Listings: zkRace (ZERC) Crypto.com Institutional. Listings: zkRace (ZERC) DigiFinex. Listings: Notcoin (NOT) Worldwide Stablecoin Payment Network (WUSD) Maneki (MANEKI) HTX. Listings: NIM Network (NIM) MAGA (MAGA) MON Protocol (MON) Altura (ALU) Doland Tremp (TREMP) ProBit. Listings: MoonlandMeta (MTK) Delistings: Beer Money (BEER) Biido (BION) BitRich (BRC) Boomstarter (BC) Breeze (BRZE) Student Coin (STC) VinDax. Listings: Phryges (PHRYGES) Wolf Hunter Coin (WOHUC) WazirX. Added Trading Pairs: ENA/INR MINA/INR XT. Listings: StrongHands (SHND) Ozone Metaverse (OZONE) Mochi DeFi (MOCHI) Starnest (SSNT) RYO Coin (RYO) Cat (CAT) PairedWorld (PAIRED) Source Protocol (SOURCE) Invest wisely... Thanks.

Crypto Exchange Listing and Delisting Announcements: May 27, 2024

#listings #exchanges #Alert🔴 #BigNews #Write2Earn!
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

Have we missed something? Do you have information about new listings and/or delistings? Let us know here.
MEXC.
Listings:
ChainCross (CXT)
0xScans (SCANS)
Homeety (HOM)
BscSats (BSCSATS)
Few and Far (FAR)
Retik (RETIK)
BladeSwap (BLADE)
Babyshib (BABYSHIB)
Sekuya (SKYA)
Simpson Trump (SIMPSONTRUMP)
Aped in Base (APEDBASED)
GameStop (GSTOP)
MAGA The Hat Movement (MAGAETH)
Mistery On CRO (MERY)
Ancient World (TAW)
BNBS Coin (BNBS)
DAppNet (DAPP)
OnCall BETA (OBETA)
Foxsy (FOXSY)
LandWolf (LWOLF)
HashPack (PACK)
Eternal AI (EAI)
Babylong (BABYLONG)
Kim (KIM)
Love Monster (LOVE)
The Monstraverse (NOTS)
Camelsa Coin (CML)
Black Gold Dog (BGG)
Devon Rex (REC)
ARQx (ARQX)
BlockChainPeople (BCP)
HeliChain (HELI)
Black Elon (BLKELON)
Carazy Pepe (CRAZYPEPE)
Multi Universe Central (MUC)
Shrek AI (SHREKAI)
CATS (CATS1)
Floki AI (FLOKIAI)
Invest Club Global (ICG)
TriDeFi (TRID)
MON Protocol (MON)
Source Protocol (SOURCE)
SolarX (SXCH)
Ergosum (FAVE)
Data and pass (DATAPASS)
Zack Morris (ZACK)
GPU Miner (GPUMINER)
RGBmemes (RGBMEMES)
TBK (TBK)
Medicure (MEMEE)
Tomwifhat (TWIF)
Midnight (NIGHT)
CogniChain (CGT)
Simpson Pepe (SESE)
QuantumHera (MEMEHA1)
Mara Chain (MARA)
Cardano (CARDANO)
MON Protocol (MON)
Juicybet (JSP)
X-Capital (MEMECAP)

Binance.
Added Trading Pairs:
USDC/TRY

KuCoin.
Listings:
Holograph (HLG)
MON Protocol (MON)

Bitrue.
Listings:
Javsphere (JAV)
Retik (RETIK)
Doland Tremp (TREMP)
AIOZ Network (AIOZ)
MAGA (MAGA)
Zack Morris (ZACK)
Notcoin (NOT)
Caitlyn Jenner (JENNER)
GG MetaGame (GGMT)

Poloniex.
Listings:
BUILD (BUILD)
Game of Memes (GOME)
Zack Morris (ZACK)
Nigi (NIGI)
Laughing Shoe (SHOE)
DogWifMaga (WIFMAGA)
MooCat (MOOCAT)
Midnight (NIGHT)
Gorilla In A Fucking Coupe (COUPE)
FUACK (FUACK)
DogWifNoHat (NOHAT)
NIM Network (NIM)
Pepe On Base (PEPEBASE)
Hugh Henne (HUGH)
Ezion Thomas (ZION)
Pepe On Solana Community (PEPESOLCOMM)
Beercoin (BEERSOL)
Ab DeFi (ABI)
Maga Sol (MAGA)

CoinEx.
Listings:
Caitlyn Jenner (JENNER)
Andy (ANDY)
iMe Smart Platform (LIME)
MON Protocol (MON)
MAGA (MAGA)
Game Of Memes (GOME)
Joecoin (JOECOIN)
Tether Gold (XAUT)
Cross The Ages (CTA)
Joystream (JOY)
Morpheus (MOR)
Subsquid (SQD)
Holograph (HLG)
Decentralized (DECENTRALIZED)
Nyan Heroes (NYAN)
BitMart.
Listings:
IVEX (IVEX)
Roxy Frog (ROXY)
Goi Coin (GOI)
BUILD (BUILD)
MAGA (MAGA)
Nyan Heroes (NYAN)
Nvdia Token (NVDIAT)
Engines of Fury (FURY)
Mog Coin (MOG)
Papu Token (PAPU)
LinqAI (LNQ)
LiquidLayer (LILA)
Polymesh (POLYX)
Ledgity (LDY)
Pambicoin (PAMBI)
Baby Pepe (BABYPEPE)
Step It Up (STEP)
Caitlyn Jenner (JENNER)
zkRace (ZERC)
Pedro Meme (PEDRO)

LBank.
Listings:
Zack Morris (ZACK)
Source Protocol (SOURCE)
Penjamin Blinkerton (PEN)
LoveBit (LB)
GoMining (GOMINING)
LayerOneX (L1X)
Gensler (SEC)
Artdollar (AD)
K9 Finance DAO (KNINE)
Lucky Draw Koin (LDK)
Caitlyn Jenner (JENNER)

P2B Crypto Exchange.
Listings:
Retik (RETIK)
Opulence (OPULENCE)
MyBid (MYBID)
Shiba Keanu (SHIBAKEANU)
Success Kid (SKID)
IQT Global (IQT)
Game of Memes (GOME)
X-Defence (XCOIN)

AscendEX.
Listings:
Gummy (GUMMY)
Maneki (MANEKI)
Dota (DOTA)
Nubcat (NUB)
FatherOfMeme (FOMO)
Keyboard Cat (KEYCAT)
Noggles (NOGS)
StrikeX (STRX)

BigONE.
Listings:
Source Protocol (SOURCE)

Crypto.com
Listings:
zkRace (ZERC)

Crypto.com Institutional.
Listings:
zkRace (ZERC)

DigiFinex.
Listings:
Notcoin (NOT)
Worldwide Stablecoin Payment Network (WUSD)
Maneki (MANEKI)

HTX.
Listings:
NIM Network (NIM)
MAGA (MAGA)
MON Protocol (MON)
Altura (ALU)
Doland Tremp (TREMP)

ProBit.
Listings:
MoonlandMeta (MTK)
Delistings:
Beer Money (BEER)
Biido (BION)
BitRich (BRC)
Boomstarter (BC)
Breeze (BRZE)
Student Coin (STC)

VinDax.
Listings:
Phryges (PHRYGES)
Wolf Hunter Coin (WOHUC)

WazirX.
Added Trading Pairs:
ENA/INR
MINA/INR

XT.
Listings:
StrongHands (SHND)
Ozone Metaverse (OZONE)
Mochi DeFi (MOCHI)
Starnest (SSNT)
RYO Coin (RYO)
Cat (CAT)
PairedWorld (PAIRED)
Source Protocol (SOURCE)

Invest wisely...
Thanks.
#Cryptocurrency exchanges now hold the equivalent of less than $30 billion in #stabelcoins the lowest total since December 2021. In the past four months, nearly $15 billion in stabelcoins have been withdrawn from #exchanges
#Cryptocurrency exchanges now hold the equivalent of less than $30 billion in #stabelcoins the lowest total since December 2021.

In the past four months, nearly $15 billion in stabelcoins have been withdrawn from #exchanges
🆘There is a large amount of #stablecoin inflows to #spot #exchanges 📌 Stablecoins entering the spot exchanges are only used for purchase Share with your friends
🆘There is a large amount of #stablecoin inflows to #spot #exchanges
📌 Stablecoins entering the spot exchanges are only used for purchase

Share with your friends
Already more bitcoins have not moved in a decade than circulating in #exchanges The number of bitcoins that have not moved in a decade exceeds those circulating on exchanges, according to a Glassnode chart. #nftcommunity #crypto2023 #Binance
Already more bitcoins have not moved in a decade than circulating in #exchanges

The number of bitcoins that have not moved in a decade exceeds those circulating on exchanges, according to a Glassnode chart.

#nftcommunity #crypto2023 #Binance
JUST IN - The Government of #India 🇮🇳 announced that all crypto businesses will be subject to the Prevention of Money Laundering Act 2022. Indian #cryptocurrency #exchanges would now be required to report suspicious activity to FIU-IND.
JUST IN - The Government of #India 🇮🇳 announced that all crypto businesses will be subject to the Prevention of Money Laundering Act 2022.
Indian #cryptocurrency #exchanges would now be required to report suspicious activity to FIU-IND.
Indian crypto exchanges lose 34-50% of trading volumes following FTX collapse. Result of not releasing Proof of Reserves and not making Wallet addresses public! This proves Indian crypto investors are boycotting exchanges not providing POR and WA. #india #crypto #exchanges
Indian crypto exchanges lose 34-50% of trading volumes following FTX collapse.

Result of not releasing Proof of Reserves and not making Wallet addresses public!

This proves Indian crypto investors are boycotting exchanges not providing POR and WA.

#india #crypto #exchanges
LIVE
--
Bikajellegű
#Ethereum : Traders looking for a green signal to buy $ETH Although Ethereum’s exchange outflow and inflow reached a five-year and seven-year low, other metrics displayed that ETH could witness bearish price action only in the near future. -ETH’s price remained above its realized price, which hovered between $1,500 and $1,600.  -Ethereum’s supply on exchanges declined while its supply outside of #exchanges shot up.  #dyor before buying #cryptocurrency .
#Ethereum : Traders looking for a green signal to buy $ETH

Although Ethereum’s exchange outflow and inflow reached a five-year and seven-year low, other metrics displayed that ETH could witness bearish price action only in the near future.

-ETH’s price remained above its realized price, which hovered between $1,500 and $1,600. 

-Ethereum’s supply on exchanges declined while its supply outside of #exchanges shot up. 

#dyor before buying #cryptocurrency .
What is the dot-com bubble and can it come back ?🎈The dot-com #bubble was the 1995-2000 financial bubble in stocks of companies focused on making money on the Internet. Mostly took place in U.S. stocks, the collapse of the bubble began with a sharp drop in the #NASDAQ index on March 10, 2000. The development of the Internet led to the emergence of a huge number of companies that promised to make money from it. But most of them simply added .com to their name, launched an advertising campaign, listed their stock on the stock #exchanges and enjoyed their growth. Only a few, such as Amazon, did real economic activity, but that didn't keep them from dropping 90%. The history of the dot-com bubble can be repeated in cryptocurrencies, where new tokens are created every day and the vast majority of these projects are only needed to make money quickly for their creators. It is expected that at some point there will be a similar collapse in the crypto #market , after which only a small part of cryptocurrencies that have real application and develop blockchain technologies will remain 😱 Another reincarnation of the dotcoms is possible on the hype around artificial intelligence and the beginning of its mass application through ChatGPT. More and more companies have started to include AI in their list of activities because it raises their value in the eyes of #investors . Save it so you don't forget 😉

What is the dot-com bubble and can it come back ?🎈

The dot-com #bubble was the 1995-2000 financial bubble in stocks of companies focused on making money on the Internet. Mostly took place in U.S. stocks, the collapse of the bubble began with a sharp drop in the #NASDAQ index on March 10, 2000.

The development of the Internet led to the emergence of a huge number of companies that promised to make money from it. But most of them simply added .com to their name, launched an advertising campaign, listed their stock on the stock #exchanges and enjoyed their growth. Only a few, such as Amazon, did real economic activity, but that didn't keep them from dropping 90%.

The history of the dot-com bubble can be repeated in cryptocurrencies, where new tokens are created every day and the vast majority of these projects are only needed to make money quickly for their creators. It is expected that at some point there will be a similar collapse in the crypto #market , after which only a small part of cryptocurrencies that have real application and develop blockchain technologies will remain 😱

Another reincarnation of the dotcoms is possible on the hype around artificial intelligence and the beginning of its mass application through ChatGPT. More and more companies have started to include AI in their list of activities because it raises their value in the eyes of #investors .

Save it so you don't forget 😉
Binance Records $1 Billion in Outflows, Is Binance Too Big to Fail?#RichardTeng Without a doubt, #BinanceExchange is undergoing one of the most tumultuous periods in its history following the departure of its founder and former CEO, Changpeng "CZ" Zhao. Following the recent law enforcement debacle, crypto intelligence firm Nansen reported that the trading behemoth saw as much as $1 billion in net outflows.Exchange net flows can spark undue panic withdrawals when not properly curtailed. While #exchanges cannot stop users from withdrawing their funds, consistently bad PR can exacerbate the situation across the board. One notable example in this regard is the implosion of the FTX Derivatives Exchange in November last year. At the time, Coindesk reported an imbalance in the firm's balance sheet, triggering an inquiry into the firm's due diligence with customer funds. The event at the time sparked a major bank run, marked by massive withdrawals that the #exchange could not recover from.Over the course of the past year, we have also seen similar implosions from regional banks in the U.S., including Silicon Valley Bank and Silvergate, among others. Now with Binance exchange under the radar, many in the industry are wondering if a similar fate is on the horizon for the firm.Will Binance crash?One notable saying in the crypto ecosystem is that no entity is "too big to fail"; however, the odds against Binance are not grave enough to warrant this sort of outcome for now.According to Nansen, despite the withdrawals, Binance still has as much as $64,666,583,162.30 as its networth. Data from CoinMarketCap also shows the exchange is still in the clear lead as the top platform per daily trading volume.Per the data, Binance's current trading volume is pegged at $14,446,013,013.11, a figure that far outranks that of Coinbase, which stands at $2,348,962,093. With these figures and the confirmed 100% reserve for most of its supported assets, Binance May just be in business for much longer.#Blast

Binance Records $1 Billion in Outflows, Is Binance Too Big to Fail?

#RichardTeng Without a doubt, #BinanceExchange is undergoing one of the most tumultuous periods in its history following the departure of its founder and former CEO, Changpeng "CZ" Zhao. Following the recent law enforcement debacle, crypto intelligence firm Nansen reported that the trading behemoth saw as much as $1 billion in net outflows.Exchange net flows can spark undue panic withdrawals when not properly curtailed. While #exchanges cannot stop users from withdrawing their funds, consistently bad PR can exacerbate the situation across the board. One notable example in this regard is the implosion of the FTX Derivatives Exchange in November last year. At the time, Coindesk reported an imbalance in the firm's balance sheet, triggering an inquiry into the firm's due diligence with customer funds. The event at the time sparked a major bank run, marked by massive withdrawals that the #exchange could not recover from.Over the course of the past year, we have also seen similar implosions from regional banks in the U.S., including Silicon Valley Bank and Silvergate, among others. Now with Binance exchange under the radar, many in the industry are wondering if a similar fate is on the horizon for the firm.Will Binance crash?One notable saying in the crypto ecosystem is that no entity is "too big to fail"; however, the odds against Binance are not grave enough to warrant this sort of outcome for now.According to Nansen, despite the withdrawals, Binance still has as much as $64,666,583,162.30 as its networth. Data from CoinMarketCap also shows the exchange is still in the clear lead as the top platform per daily trading volume.Per the data, Binance's current trading volume is pegged at $14,446,013,013.11, a figure that far outranks that of Coinbase, which stands at $2,348,962,093. With these figures and the confirmed 100% reserve for most of its supported assets, Binance May just be in business for much longer.#Blast
Defending Digital Assets: The Crucial Nexus of Crypto and CybersecurityIn recent years, the world has witnessed the rise of cryptocurrencies as a powerful force in the financial landscape. Alongside this digital revolution, however, has emerged an ever-increasing need for robust cybersecurity measures. The marriage of crypto and cybersecurity has become indispensable, as the decentralized nature of cryptocurrencies and the value they hold make them enticing targets for cybercriminals. This article delves into the fascinating interplay between crypto and cybersecurity, exploring the challenges, the evolving landscape, and the measures being taken to ensure the fortification of digital assets. Crypto Vulnerabilities and Threats: Cryptocurrencies present unique vulnerabilities that demand heightened cybersecurity. These vulnerabilities include attacks on digital wallets, cryptocurrency exchanges, and blockchain networks. From phishing scams and malware to social engineering and ransomware, cybercriminals employ various tactics to exploit weaknesses in the crypto ecosystem. Understanding these threats is crucial in implementing effective countermeasures. Blockchain Security: #Blockchain , the technology that underpins #Cryptocurrencies plays a pivotal role in their security. Its decentralized and transparent nature ensures data integrity, immutability, and resistance to tampering. However, blockchain is not impervious to attacks. While the technology is robust, vulnerabilities can arise from coding errors, smart contract exploits, or 51% attacks. Ongoing research and collaboration among blockchain developers and cybersecurity experts are vital to identifying and mitigating these risks. Secure Wallets and Exchanges: Crypto wallets and exchanges are prime targets for cybercriminals due to their potential access to significant amounts of digital assets. Ensuring the security of #wallets and #exchanges is paramount. Implementing multi-factor authentication, hardware wallets, cold storage, and regularly updating software are essential practices to safeguard users' funds. Additionally, exchanges must adopt rigorous security protocols, including advanced encryption, intrusion detection systems, and regular security audits. Privacy and Anonymity: Cryptocurrencies offer the promise of pseudonymity and privacy, but achieving these ideals while ensuring security is a delicate balance. Privacy-focused cryptocurrencies employ techniques such as zero-knowledge proofs and ring signatures to obfuscate transaction details. However, the challenge lies in preventing malicious actors from exploiting these privacy features for illicit activities. Governments and regulatory bodies are grappling with finding the right balance between privacy and combating financial crimes, necessitating robust cybersecurity frameworks. Regulatory Landscape: As the popularity of cryptocurrencies grows, governments worldwide are grappling with regulatory frameworks to protect investors and maintain financial stability. Striking the right balance between regulations and preserving the innovative potential of cryptocurrencies is a complex task. Regulatory measures that address anti-money laundering (AML) and know-your-customer (KYC) requirements can help deter illicit activities and enhance #cybersecurity Collaboration between regulators, cybersecurity experts, and industry participants is key to creating effective and adaptable regulations. Emerging Technologies: Advancements in technologies such as artificial intelligence (AI), machine learning, and quantum computing pose new challenges and opportunities for crypto and cybersecurity. AI and machine learning algorithms can bolster threat detection and response, while quantum computing can potentially undermine the cryptographic foundations of cryptocurrencies. Staying ahead of these developments requires ongoing research, innovation, and proactive cybersecurity strategies. Education and Awareness: Education and awareness play a pivotal role in ensuring a secure crypto ecosystem. Users must be educated about best practices for securing their digital assets, identifying scams, and avoiding phishing attempts. Similarly, developers and businesses in the crypto space should prioritize cybersecurity training and adhere to industry standards and best practices. Collaborative efforts between educational institutions, industry players, and cybersecurity experts can foster a knowledgeable and security-conscious crypto community.

Defending Digital Assets: The Crucial Nexus of Crypto and Cybersecurity

In recent years, the world has witnessed the rise of cryptocurrencies as a powerful force in the financial landscape. Alongside this digital revolution, however, has emerged an ever-increasing need for robust cybersecurity measures. The marriage of crypto and cybersecurity has become indispensable, as the decentralized nature of cryptocurrencies and the value they hold make them enticing targets for cybercriminals. This article delves into the fascinating interplay between crypto and cybersecurity, exploring the challenges, the evolving landscape, and the measures being taken to ensure the fortification of digital assets.

Crypto Vulnerabilities and Threats:

Cryptocurrencies present unique vulnerabilities that demand heightened cybersecurity. These vulnerabilities include attacks on digital wallets, cryptocurrency exchanges, and blockchain networks. From phishing scams and malware to social engineering and ransomware, cybercriminals employ various tactics to exploit weaknesses in the crypto ecosystem. Understanding these threats is crucial in implementing effective countermeasures.

Blockchain Security:

#Blockchain , the technology that underpins #Cryptocurrencies plays a pivotal role in their security. Its decentralized and transparent nature ensures data integrity, immutability, and resistance to tampering. However, blockchain is not impervious to attacks. While the technology is robust, vulnerabilities can arise from coding errors, smart contract exploits, or 51% attacks. Ongoing research and collaboration among blockchain developers and cybersecurity experts are vital to identifying and mitigating these risks.

Secure Wallets and Exchanges:

Crypto wallets and exchanges are prime targets for cybercriminals due to their potential access to significant amounts of digital assets. Ensuring the security of #wallets and #exchanges is paramount. Implementing multi-factor authentication, hardware wallets, cold storage, and regularly updating software are essential practices to safeguard users' funds. Additionally, exchanges must adopt rigorous security protocols, including advanced encryption, intrusion detection systems, and regular security audits.

Privacy and Anonymity:

Cryptocurrencies offer the promise of pseudonymity and privacy, but achieving these ideals while ensuring security is a delicate balance. Privacy-focused cryptocurrencies employ techniques such as zero-knowledge proofs and ring signatures to obfuscate transaction details. However, the challenge lies in preventing malicious actors from exploiting these privacy features for illicit activities. Governments and regulatory bodies are grappling with finding the right balance between privacy and combating financial crimes, necessitating robust cybersecurity frameworks.

Regulatory Landscape:

As the popularity of cryptocurrencies grows, governments worldwide are grappling with regulatory frameworks to protect investors and maintain financial stability. Striking the right balance between regulations and preserving the innovative potential of cryptocurrencies is a complex task. Regulatory measures that address anti-money laundering (AML) and know-your-customer (KYC) requirements can help deter illicit activities and enhance #cybersecurity Collaboration between regulators, cybersecurity experts, and industry participants is key to creating effective and adaptable regulations.

Emerging Technologies:

Advancements in technologies such as artificial intelligence (AI), machine learning, and quantum computing pose new challenges and opportunities for crypto and cybersecurity. AI and machine learning algorithms can bolster threat detection and response, while quantum computing can potentially undermine the cryptographic foundations of cryptocurrencies. Staying ahead of these developments requires ongoing research, innovation, and proactive cybersecurity strategies.

Education and Awareness:

Education and awareness play a pivotal role in ensuring a secure crypto ecosystem. Users must be educated about best practices for securing their digital assets, identifying scams, and avoiding phishing attempts. Similarly, developers and businesses in the crypto space should prioritize cybersecurity training and adhere to industry standards and best practices. Collaborative efforts between educational institutions, industry players, and cybersecurity experts can foster a knowledgeable and security-conscious crypto community.
Fedezd fel a legfrissebb kriptovaluta híreket
⚡️ Vegyél részt a legfrissebb kriptovaluta megbeszéléseken
💬 Lépj kapcsolatba a kedvenc alkotóiddal
👍 Élvezd a téged érdeklő tartalmakat
E-mail-cím/telefonszám