News Archive October 2022

55,000 BTC withdrawn from Binance in biggest Bitcoin outflow ever
BTC, binance, HODL, bitcoin

HODL Mode On55,000 BTC withdrawn from Binance in biggest Bitcoin outflow ever

In the past week, there has been a large outflow of Bitcoin from the cryptocurrency exchange Binance. A total of 55,000 BTC, worth around $1.1 billion, has left the exchange, according to data from on-chain analysis firm CryptoQuant. This is the largest Bitcoin outflow from an exchange ever record ...

FTX about to launch a new Stablecoin
BUSD, stablecoin, FTX, binance

Stablecoin War?FTX about to launch a new Stablecoin

In a recent interview, Sam Bankman-Fried, the CEO of popular cryptocurrency exchange FTX, confirmed that the exchange is working on launching its own stablecoin. This would follow the example set by other exchanges, such as Binance, who have already launched their own stablecoins. Bankman-Fried also ...