CRYPTOCURRENCY

The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

Binance Announces Updates to Spot Liquidity Provider Program
cryptocurrency

Binance Announces Updates to Spot Liquidity Provider Program

Binance is set to update its Spot Liquidity Provider Program on September 9, 2024, introducing new benchmarks and qualifications.

BitMEX to List New XBT Futures Contract Expiring in October 2024
cryptocurrency

BitMEX to List New XBT Futures Contract Expiring in October 2024

BitMEX announces the listing of a new XBT futures contract, underlined and margined in Bitcoin, set to expire on October 25, 2024.

Tether (USDT) Assists U.S. DOJ in Seizing $5 Million from Fraud Scheme
cryptocurrency

Tether (USDT) Assists U.S. DOJ in Seizing $5 Million from Fraud Scheme

Tether aids the U.S. Department of Justice in seizing $5 million in USDT from a fraudulent scheme, reinforcing its commitment to combating illicit activities.

BitFuFu Scales Up Operations Despite Escalating Bitcoin (BTC) Mining Costs
cryptocurrency

BitFuFu Scales Up Operations Despite Escalating Bitcoin (BTC) Mining Costs

Singapore-based BitFuFu intensifies Bitcoin (BTC) mining efforts despite rising operational costs, reflecting bullish industry outlook.

OFAC Sanctions Russian UAV Developer KB Vostok Amid Ukraine Conflict
cryptocurrency

OFAC Sanctions Russian UAV Developer KB Vostok Amid Ukraine Conflict

OFAC imposes sanctions on Russian drone developer KB Vostok, linked to Ukraine invasion, disrupting Russia’s military supply chain.

Binance Futures Introduces VIDT Perpetual Contract with 75x Leverage
cryptocurrency

Binance Futures Introduces VIDT Perpetual Contract with 75x Leverage

Binance Futures will launch the VIDTUSDT Perpetual Contract on August 23, 2024, offering up to 75x leverage to expand trading choices.

BitMEX Lists SUNDOGUSDT Perpetual Swap with 50x Leverage
cryptocurrency

BitMEX Lists SUNDOGUSDT Perpetual Swap with 50x Leverage

BitMEX has launched the SUNDOGUSDT perpetual swap, offering traders up to 50x leverage on the new listing.

Exploring DeFi on Sui: A Comprehensive Guide
cryptocurrency

Exploring DeFi on Sui: A Comprehensive Guide

Discover the unique features and applications of Sui's DeFi ecosystem, including borrow and lending protocols, DEXes, and NFT marketplaces.

BitMEX to Launch SUNDOGUSDT Perpetual Contract with 50x Leverage
cryptocurrency

BitMEX to Launch SUNDOGUSDT Perpetual Contract with 50x Leverage

BitMEX will list the new SUNDOGUSDT perpetual contract, offering up to 50x leverage, on 23 August 2024 at 04:00 UTC.

Binance Unveils $100,000 BNB Spot Trading ROI Competition
cryptocurrency

Binance Unveils $100,000 BNB Spot Trading ROI Competition

Binance launches a limited-time spot trading ROI competition with $100,000 in BNB rewards and exclusive VIP swag. Open to all users achieving 1% ROI.

BitMEX to Delist 12 Low-Liquidity Contracts by August 28, 2024
cryptocurrency

BitMEX to Delist 12 Low-Liquidity Contracts by August 28, 2024

BitMEX will delist 12 perpetual swap and futures contracts on August 28, 2024, due to insufficient trading interest, according to a recent blog post.

Binance to Delist Several Spot Trading Pairs Including ARKM/TUSD and CHZ/EUR
cryptocurrency

Binance to Delist Several Spot Trading Pairs Including ARKM/TUSD and CHZ/EUR

Binance announces the removal of several spot trading pairs, including ARKM/TUSD and CHZ/EUR, effective August 23, 2024.

Binance Expands Trading Options with New Pairs and Trading Bots
cryptocurrency

Binance Expands Trading Options with New Pairs and Trading Bots

Binance introduces new trading pairs and trading bots, enhancing user experience on Binance Spot. New pairs include AAVE/FDUSD and DOGE/JPY.

Binance Launchpool Introduces Dogs (DOGS) Token with BNB and FDUSD Staking
cryptocurrency

Binance Launchpool Introduces Dogs (DOGS) Token with BNB and FDUSD Staking

Binance Launchpool announces Dogs (DOGS) token, allowing users to farm DOGS by staking BNB and FDUSD. Trading to begin on August 26, 2024.

Ethereum (ETH) Struggles as Outflows Increase, Lagging Behind Bitcoin (BTC)
cryptocurrency

Ethereum (ETH) Struggles as Outflows Increase, Lagging Behind Bitcoin (BTC)

Ethereum ETFs face significant outflows, contributing to ETH's underperformance compared to Bitcoin. Market trends and economic factors will play a crucial role in future dynamics.