Bitcoin News

Shocking Bithumb Raid: Seoul Prosecutors Investigate Crypto Exchange Over Fund Misuse

In a stunning turn of events for the South Korean crypto market, Bithumb, a leading cryptocurrency exchange, has been thrust into the spotlight for all the wrong reasons. Seoul prosecutors have executed a raid on the exchange’s offices, sending ripples of concern throughout the digital asset community. This dramatic action follows allegations of corporate fund […]

Bitcoin News

Surging Bitcoin Margin Longs on Bitfinex: A Bullish Signal or Leverage Trap?

Bitcoin enthusiasts are watching the charts closely, and recent data from Bitfinex exchange is sparking intense debate. Margin longs for Bitcoin (BTC) have skyrocketed to a dramatic six-month high, reaching a staggering 80,333 BTC – that’s a massive $6.92 billion! This impressive surge, first highlighted by Cointelegraph, marks a significant 27.5% jump since February 20th. […]

Blockchain News

Shocking Shift: Garantex Funds Allegedly Funneled into New Crypto Exchange Grinex – Sanctions Evasion?

In a stunning turn of events, the crypto world is once again grappling with allegations of illicit activity. Just as authorities clamped down on the Russian crypto exchange Garantex for facilitating questionable transactions, a new player has emerged – Grinex. But is Grinex really ‘new’, or just Garantex in disguise? Let’s dive into the explosive […]

Blockchain News

Unwavering Assurance: Binance Reserves Exceed 100% for 29 Months, Reinforcing User Trust

In the often volatile world of cryptocurrency, where trust is paramount, one major exchange continues to set a benchmark for financial responsibility. For an astounding 29 consecutive months, Binance, a leading global cryptocurrency exchange, has maintained a reserve ratio exceeding 100%. This remarkable feat, confirmed by on-chain analytics firm CryptoQuant, signals a strong commitment to […]

Blockchain News

Urgent Alert: Upbit to Suspend CELO Deposits & Withdrawals – What Crypto Users Need to Know

Heads up, crypto enthusiasts! If you’re holding CELO tokens on the popular South Korean crypto exchange Upbit, you need to pay close attention. Upbit has just dropped an important announcement regarding CELO deposits and withdrawals. Let’s dive into what’s happening and what it means for you. Why is Upbit Announcing a CELO Deposit Suspension? In […]

Blockchain News

Critical Alert: Binance Halts BEP20 & opBNB Deposits for Essential Network Upgrade

Heads up, crypto enthusiasts! Binance, a leading global cryptocurrency exchange, has just dropped an important announcement that might affect your transactions on BNB Smart Chain (BEP20) and opBNB Chain (opBNB). If you’re actively trading or holding tokens on these networks, you need to pay attention. Binance is set to temporarily suspend token deposits and withdrawals […]