Month: August 2022

Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers

As reported by local news outlet The Economic Times on Monday, Binance is scheduled to remove off-chain fund transfers with Indian cryptocurrency exchange WazirX on Thursday, although users will still be able to deposit and withdraw balances via the standard withdrawal and deposit process between the two exchanges. Three days prior, The Directorate of Enforcement of India alleged that WazirX “actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route” and subsequently froze $8.1 million in bank balances related to the exchange.  Simultaneously,…

Decentraland Blooms In Green In Last 4 Days; Boosts Traders’ Appetite In MANA

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Decentraland (MANA) price has been on a surge for quite some time after registering a gain of 15% for the past four days. The rise in trading volume implies that traders and investors are overall happy with the increase in prices. With an increase in buying activity, MANA might possibly eclipse the previous month’s coma state. MANA price currently faces incrementing supply pressure coming from the resistance spotted at $1.1. MANA’s intraday trading volume is at $247.9 Million, showing a loss of 27%. Chart from TradingView.com MANA/USDT Shows Upbeat Reversal…

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FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level – Market Updates Bitcoin News

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Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as 15% on Monday, as recent gains were extended. Polkadot was also higher, as it too cemented multi-month highs. FLOW FLOW was one of Monday’s most notable movers, with prices of the token increasing by as much as 15% in today’s session. After trading at a low of $2.59 on Sunday, FLOW/USD rallied to an intraday high of $3.13 to start the…

SoftBank Reports Record Quarterly Loss

SoftBank, a Japanese conglomerate that has invested in crypto companies, reported a record quarterly loss of $23.4 billion. The company attributed the loss to the global tech stock sell-off and rapid fall of the yen, according to an earnings presentation. Source

US Treasury sanctions USDC and ETH addresses connected to Tornado Cash

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The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the Specially Designated Nationals list of the Office of Foreign Asset Control, or OFAC. In a Monday announcement, OFAC effectively barred U.S. residents from using Tornado Cash and placed 44 USD Coin (USDC) and Ether (ETH) addresses connected to the mixer on its list of Specially Designated Nationals. The department alleged that individuals and groups had used the mixer to launder more than $7 billion worth of crypto since 2019, including…

Dogecoin and Shiba Inu Meme Coin Holders Buy Tamadoge Crypto Presale?

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Dogecoin and Shiba Inu holders are looking for the best meme coins to buy following the cryptocurrency market corrections. One way to buy potentially profitable tokens is to buy crypto before listing. By investing early in the best crypto presales, investors can experience massive growth in the future. This guide reviews the upcoming meme coins to invest in 2022. Why are DOGE and SHIB Investors turning to Tamadoge in 2022? In place of Doge and Shiba Inu, investors are turning to Tamadoge – our recommended best crypto presale token and…