Binance has suspended deposits and withdrawals after a security incident involving unauthorized withdrawals with an estimated total impact of about $6.3 billion. The world’s largest crypto exchange by trading volume disclosed the breach on Thursday, October 29. It said about
WASHINGTON, D.C. / CryptoWire.AI / – Financial reform group Better Markets has warned that new U.S. rules are creating crypto-based banks that could threaten Americans’ savings and the wider economy. In an analysis published on October 27, the group said
Direct cryptocurrency deals between private individuals in Russia will lose their legal status on July 1, 2027, the country’s central bank has said. In guidance published as a list of frequently asked questions, the Central Bank of Russia said peer-to-peer
The crypto market rebounded on Wednesday, October 21, as Bitcoin reclaimed a key support level near $81,600 and rose to about $84,500. The world’s largest cryptocurrency gained 2.5% over 24 hours. It had dropped below $80,000 during a slide in
Meta has released Muse Wonder and Muse Wonder Full, two advanced AI models built for coding and agent-based work. The models can handle complex tasks that unfold across several steps. Meta says they can assist with software development, insurance claims,
Bitcoin traded near $84,000 on Monday while benchmark U.S. Treasury yields remained above 5%. The 10-year Treasury yield stood at 5.22% on Oct. 8, according to Federal Reserve data. It had reached 5.31% three days earlier after ending Sept. 22
Federal prosecutors in New York secured a unanimous guilty verdict against cybersecurity consultant Jonathan Spalletta for stealing 55 million dollars in digital assets from decentralized exchange Uranium Finance. Official trial records from the Department of Justice confirm that cybersecurity consultant
Bitcoin briefly fell below $60,000 on Friday, crossing that level for the first time since October 2024, as selling extended across major digital assets. Market data showed the token reached an intraday low near $59,200 before moving back above $60,000.
FinTech
Binance, the world’s largest cryptocurrency exchange, announced the upcoming addition of four major trading pairs, set to go live on September 4, 2024. The new pairs – AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC – are part of Binance’s ongoing strategy to
Ripple has once again unlocked 1 billion XRP tokens from its escrow accounts, a routine move that continues to grab the attention of investors. The tokens, valued at approximately $560 million, were released on September 1st, according to Whale Alert,
Rakeez Financial, a prominent player in Saudi Arabia’s fintech landscape, has recently announced the successful closure of a $2 million Seed Round investment led by CoreVision. This strategic funding round is poised to accelerate the growth and development of financial
Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy, has recently secured a substantial $250,000 pre-seed investment from Potencia Ventures, a renowned firm dedicated to fostering innovation within the gig economy landscape. This strategic investment underscores Potencia
Business
Leveraged derivative wipeouts and tightening global credit conditions accelerated crypto market losses as the Cardano price falling trajectory reversed early October gains across major exchanges. Despite initial buying interest surrounding ecosystem integrations with Petrobras and Pacific Meta, alternative tokens faced
Policy
WASHINGTON, D.C. / CryptoWire.AI / – Financial reform group Better Markets has warned that new U.S. rules are creating crypto-based banks that could threaten Americans’ savings and the wider economy. In an analysis published on October 27, the group said