Author: e_cash_top

[ad_1] Ad The depegged stablecoin Terra Classic USD (USTC) regained a small amount of value today alongside news that issuance of Binance USD (BUSD) will be halted. The price of USTC rose 19.14% to 3.1 cents over 24 hours on Feb. 13. For the past several months (until Feb. 3) it has been worth 2.7…

[ad_1] Ad The coin mixer Blender has likely rebranded and could still be in use among North Korean groups, according to a report from analytics firm Elliptic on Feb. 13. Elliptic says that although Blender stopped operating in April 2022, it has likely rebranded as “Sinbad” based on several facts and patterns it has observed.…

[ad_1] Ad On Feb. 12, Jason Williams tweeted he had burned Bored Ape #1626 for a Bitcoin Ordinal equivalent. “The NFT community is moving to BTC, where Ordinals have brought true scarcity to collectibles,” he wrote in the Tweet announcing the burn. “It’s done. Over. Not coming back to ETH,” he wrote. The move predictably drew…

[ad_1] Ad In Nov 2022, the world experienced the sudden fall of one of the largest crypto exchanges in the crypto sphere. FTX mainly faced a liquidity crisis, and its founder and former CEO, Sam Bankman-Fried (SBF), was linked to the mayhem. Consequently, the incident that happened in a matter of days impacted the entire…

[ad_1] Ad About $7 billion worth of value has left the Circle-backed stablecoin USDC since October, according to Glassnode data analyzed by CryptoSlate.  (Source: Glassnode and Cryptoslate) (Source: Glassnode and Cryptoslate) The charts above show the market caps of USDT and USDC – both stablecoins that are pegged to the US dollar – since Jan…

[ad_1] Ad Stablecoin issuer Circle filed a regulatory complaint last fall regarding Binance’s stablecoin reserves, according to a Bloomberg report on Feb. 13. Circle reported BUSD to NY regulator Bloomberg’s report says that Circle informed the New York Department of Financial Services (NYDFS) about Binance’s stablecoin, Binance USD (BUSD). Circle, which monitors blockchain data, reportedly…

[ad_1] Ad Binance Coin has fallen more than 9% today as investors mull the prospect of increased regulatory scrutiny in light of an SEC warning that the Binance stablecoin may be considered a security.  BNB Token Price Tumbles More Than 9% on Feb. 13 (Source Coin Market Cap) The news comes after it emerged late…

[ad_1] Ad Data analyzed by CryptoSlate showed a degree of relationship between Bitcoin tops and bottoms in relation to those of gold, the S&P 500, and the S&P Case-Shiller Home Price Index (CSHPI). Bitcoin versus others The chart below interlays the price of BTC, gold, the S&P 500, and CSHPI. It was noted that when…