Fantom Foundation Withdraws $2.4 Million from MULTI Amid Multichain Uncertainty
Foundation withdrew $2.4 million of MULTI André Cronje said it was due to the uncertainty surrounding Multichain He added that the tokens are sitting on the wallet, no one has sold them The protocol is currently still idle Director of Fant ...
Binance Temporarily Suspends Deposits for Ten Multichain Bridge Token Networks
The Binance exchange reported a temporary suspension of deposits for ten Multichain bridge token networks amid uncertainty about the project's future. On Thursday, May 25, the largest cryptocurrency exchange tweeted a notice of temporary deposit blocking for POLS-BSC, ACH-B ...
Cryptocurrency Market Faces Decline Amidst Negative News
New bank problems failed to push cryptocurrencies to rally seven days ago. But this week's negative news took the market down. Bitcoin In the week of May 5-12, the price of bitcoin dropped more than 10%, fallin ...
Analyst Predicts Bitcoin Could Rise as US Banks React to Fed Chairman’s Speech
An analyst and cryptotrader, founder of the consulting crypto-platform EightGlobal analyzed the relationship between the banking sector and the crypto market, listing possible scenarios for the first cryptocurrency. U.S. bank stocks reacted by falling on the speech of U.S ...
Binance CEO Refutes Claims of $28 Billion Net Worth
The CEO of Binance, a popular cryptocurrency exchange, has pushed back against media reports that claim he has a net worth exceeding $28 billion. Changpeng Zhao, the CEO, called the reports inaccurate, insisting that he doesn't have that much money. Bloomberg, however, has listed Zhao as one o ...