India’s 1% tax on crypto transactions is causing the country’s crypto traders to flee local crypto exchanges, but some major players are benefiting from this trend. For Binance, the controversial levy has generated additional 429,000 downloads of the exchange’s app last August, its highest result this year…. Read More: Binance Grows Fast in India as Home Market Exchanges Forced to Implement 1% Tax…
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With Ethereum’s Merge due to happen tomorrow, new research from analytics firm Nansen has revealed that 64% of all ETH staked in the platform’s Beacon Chain is controlled by only five entities. Of the big five, Lido leads the way with 31% of all staked ETH, while centralized exchanges Coinbase, Kraken and Binance control a combined total of 30%….
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Investors in cryptocurrencies have been paying close attention to the blockchain-based Lucky Block lottery platform since the Binance Smart Chain (BSC) project released a second Ethereum-based version of its LBLOCK token last month. The price of the LBLOCK V1 token decreased during the last two weeks; however, the price of the LBLOCK V2 token soared by more than 200% on regulated exchanges MEXC….
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The market cap gap between Tether and USDC had narrowed to $10 billion earlier this year….
Continue reading on https://decrypt.co/109209/tether-usdc-gap-16b-binance-stablecoins
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The company’s staking-rewards rate for ETH nearly doubles that of some of its largest competitors….
Continue reading on https://decrypt.co/109193/binance-us-ethereum-staking-merge
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Terra Luna Classic (LUNC) has aggressively retraced today after reaching a euphoric top of $0.0004506 on the Binance crypto exchange. Recently Terra Luna Classic (LUNC) formed a bearish reversal pattern known as a broadening ascending channel and lost price structure. LUNC now resides within a bullish falling wedge pattern which could break out to the upside.
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Binance, the largest cryptocurrency exchange by trading volume, has announced that it is removing support for three major stablecoins including Circle’s USDC, Pax Dollar (USDP), and TrueUSD (TUSD) on all its products. … Read More: Binance Converting USDC and Other Stablecoins to BUSD - A Market Share Grab?…
Continue reading on https://cryptonews.
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Elon Musk has again criticized Twitter for its spam accounts, this time with Binance chief Chanpeng Zhao chiming in on the problem….
Continue reading on https://decrypt.co/109042/elon-musk-says-90-twitter-comments-are-bots-binance-ceo-cz-agrees
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Elon Musk has again criticized Twitter for its spam accounts, this time with Binance chief Chanpeng Zhao chiming in on the problem….
Continue reading on https://decrypt.co/109042/elon-musk-says-90-twitter-comments-are-bots-binance-ceo-cz-agrees
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NEPZA, the Nigerian government agency in charge of export processing zones, announced on Saturday that it is in talks with cryptocurrency exchange Binance to establish a “virtual free zone” dedicated to blockchain technology and the digital economy. The National Economic and Production Zones Authority (NEPZA) hopes that the end outcome will be comparable to Dubai’s online free zone.
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