The leading spot cryptocurrency exchange, Binance, will be compensating just over $10.1 million to affected COVER users. Binance will be using its SAFU fund to distribute the funds in 8,171,634.10 BUSD and 2,581.16 ETH, shared the exchange CEO, Changpeng Zhao. He said, “COVER smart contract got hacked. A lot of users lost A LOT of […]
Category: STO News
Binance US, Genesis, & Abra Suspends XRP Support; Bittrex & Uphold Clarifies No Plan to Delist
Binance’s US-based crypto exchange Binance.US has announced the delisting of XRP on Jan. 13, 2021, at 10 am EST. Binance.US users won’t be able to deposit XRP but withdrawals will be unaffected. Much like all the trading and deposit suspension that has happened so far, only the US users are affected. The exchange further clarified […]
Bitcoin Is Ready to Welcome The New Year With Blast; Chance Of A Pullback?
Bitcoin vaulted above $29,000 to hit yet another record high with just one day left to end 2020. But it is showing no signs of slowing down its crazy December rally that has it up over 50% this month. The digital asset climbed as high as $29,275 before pulling back to $28,045 but is now […]
Bitcoin Ends 2020 With Record Market Cap Above $500 Billion
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin continues to inverse-mirror reality. As the economy worsens and destabilization increases, Bitcoin’s price keeps increasing. This says much about society when an asset without any central controllers gains so much trust in such […]
Ripple says it will thrive despite massive XRP losses
San Francisco-based blockchain firm Ripple has announced that it will continue with its operations even as it faces a lawsuit The firm said that the current legal troubles will not throw a spoke in the wheels of operation or handicap progress. Considering the current circumstances, this is a bold claim from Ripple—XRP’s issuing company. Ripple […]
KuCoin Review 2021: What is the KuCoin exchange?
Launched in September 2017, KuCoin is a cryptocurrency exchange that offers a large range of cryptocurrencies and digital assets. Impressively, KuCoin claims that one out of four crypto holders worldwide are with KuCoin, which is testament to the exchange’s reach and rapid growth over the last three years. Although it suffered a hack earlier this […]
NFL Player Russel Okung Converts Half of $13 Million Salary to Bitcoin
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. With Bitcoin breaking record after record, week after week, you can expect to see more public figures tapping into digital gold. Top athletes may have too much on their minds to be concerned with […]
SEC vs Ripple Pretrial Conference Set for Feb; Majority of Customers & XRP Volume Not in the US
The list of crypto service providers announcing no more support for XRP in light of the SEC suing Ripple and its top two executives now include Coinbase, Bittrex, OKCoin, Crypto.Com, Bitstamp, OSL, Beaxy, Swipe, CrossTower, Stex, Ziglu, Eobot, Sarson Funds, Jump Trading, Galaxy, B2C2, Bitwise, 21Shares, Bitcoin Suisse, Wirex, Simplex, and Grayscale. An Indonesia-based exchange […]
XRP Economy: Can Ripple Survive to Fight the SEC in Court?
Ripple is too dependent on XRP, and the falling token prices are making the chances of its survival narrow.
Analysis: Polkadot surges as Binance hypes DOT/BUSD pair
DOT price surged closer to $8.00 before slowing down, but will likely increase if bulls hold above $7.00 The price of Polkadot (DOT) has surged by more than 12% in the past 24 hours amid positive sentiment around the cross-chain protocol. Data on CoinMarketCap also shows that DOT is up by more than 45% in […]
