Binance / 3 posts found
Binance Users Withdrew $1.35B of Bitcoin in Days Following FTX Collapse
Cryptocurrency Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto. The world’s largest cryptocurrency exchange, Binance experienced record levels of bitcoin, ethereum and stablecoin withdrawals alongside the implosion of rival exchange FTX. Binance saw a net 81,712 bitcoin ($1.35 billion), or more than 15% of the roughly 500,000 bitcoin on its exchange, pulled from the platform over the past six days, according to data from CryptoQuant. In addition, a net 125,026 ether ($155 million) and $1.14 billion in stablecoins were withdrawn from Binance over the same period. Appearing on a Twitter space […]
Binance And Ledger Partner To Enable Smooth Crypto Purchases And Web3 Growth
Bitcoin You are here: Home/ News/ Binance And Ledger Partner To Enable Smooth Crypto Purchases And Web3 Growth November 3, 2022 by Aishwarya shashikumar To increase the accessibility of purchasing cryptocurrencies, Binance and Ledger have formally partnered. A renowned manufacturer of hardware wallets and one of the biggest bitcoin exchanges have joined forces. The action made public today places more focus on the rising practicality of trading and keeping cryptocurrency. The CZ lead crypto exchange has developed the Web3 ecosystem by fusing the two consumer bases with the Ledger collaboration. The agreement, which was just announced, aims to increase Binance’s […]
Binance Reports Massive Ethereum Gas Fee Utilization Here’s Why
While the world’s first cryptocurrency, Bitcoin, has lost its grip over the important price level of $22,000, the lead altcoin, Ethereum, to has suffered a pullback. Recently, Ethereum had made a monthly high of $1655, but with the scheduled FOMC meeting on July 27, Ethereum has plunged by 13%. At the time of publication, Ethereum is selling at $1,414, with a fall of 8.16% in the last 24hrs. Alex Svanevik, CEO at Nansen, a blockchain analytics firm, claims that as Ethereum’s gas fee has dropped, Binance has popped in to take advantage of this as the exchange is moving its […]