Bulletpoints: • Circle, the company behind the USDC stablecoin, blamed the US Securities and Exchange Commission (SEC) for its failed plans to go public. • The firm revealed that the $9 billion deal with a special-purpose acquisition company Concord Acquisition Corp. was terminated due to the SEC not signing off Weiterlesen…
Bullet Points: • Bitcoin’s supply on centralized crypto exchanges has dropped from 11.85% to 6.65% over the past year. • The drop highlights the increasing interest in self custody among investors. • FTX’s dramatic collapse has emphasized the importance of self-custody for users. The past year has seen a dramatic Weiterlesen…
• The US Labor Department recently announced that the inflation numbers (CPI) for the last month of 2022 are 6.5% YoY, with a 5.7% rise in the core CPI. • Bitcoin reacted with a sudden move that took it south by a few hundred dollars. • Most experts had estimated Weiterlesen…
• Bitget has launched a Fund Custody Service which provides dedicated wallets to qualified accounts to maximize protection of customers‘ funds. • The service requires users to store more than or equal to 100,000 USDT worth of combined assets on the platform. • The exchange recently released a Merkle tree Weiterlesen…
• Binance has been given regulatory approval by the Swedish Financial Supervisory Authority. • This is the seventh EU nation in which Binance has received such a license. • Binance Nordics AB will provide Swedish consumers with products and services, such as buying cryptocurrencies with euro. Binance, the world’s largest Weiterlesen…