Binance Is Helping Terra Luna Classic Community Revive USTC
Following a cryptic post, Binance Crypto Exchange reportedly assists the Terra Luna Classic community with the USTC revival plan. As part of a burn campaign to decrease supply, the largest cryptocurrency exchange in the world, Binance, significantly contributes to the Terra Luna Classic community . However, a message by one cryptocurrency exchange’s associates stirred the […]
More BitMEX Exchange Outflows Can Rally Bitcoin Bulls
Analysts noted that despite the rebound, BitMEX exchange outflows are the second largest, with observers attributing this to market sentiments. Experts in the cryptocurrency sector have viewed recent outflows from BitMEX as a bull sign for Bitcoin and other digital assets. The exchange saw significant asset transfers on July 5 and 6, which many have […]
Elliptic Reveals $11B Fraud Network On Huione Guarantee Market
Elliptic’s report exposes how the Huione Guarantee market enables big money laundering and cyber scams through Tether (USDT) transactions. Huione Guarantee , an online marketplace operated by the Cambodian conglomerate Huione Group, has been accused of facilitating online fraud in Southeast Asia. According to the most recent Elliptic Research report, the platform conducted transactions that […]
Bitcoin Transaction Fees Hit Four-year Low
Bitcoin Transaction fees reached a four-year low on July 7, dropping to $38.69. Miners continue to generate profits due to the decreased computational power requirements. On July 7, the average fees associated with each Bitcoin transaction reached their lowest point in four years, at $38.69. This figure was last observed at the height of the […]
Microsoft, Apple Renounce Their Positions On OpenAI Board
After investing $13 billion in OpenAI in 2023, Microsoft and Apple are renouncing positions from the OpenAI board amid growing scrutiny from regulators. Microsoft and Apple , industry leaders in technology, have reportedly declined to assume board positions at OpenAI, an artificial intelligence company, in response to the growing regulatory scrutiny. Bloomberg reported on July […]