Author: Saheel Khirodkar
Saheel Khirodkar
Saheel works as a content writer for Bitnewstoday. He has always been interested in journalism and enjoys writing. Furthermore, His interest lies in cryptocurrency, and is continuously seeking for new techniques to invest. In his free time, he enjoys staying up to date on the latest industry news and spending time with his family.
The platform recently updated Binance Build to add the ability for users to purchase cryptocurrencies using both Apple Pay and Google Pay. The disclosure mentions that customers can use these well-known payment options to buy the cryptocurrencies that the exchange is offering. The action is a significant step toward increasing the service’s usability and the acceptance of cryptocurrency investing by the general public. Additionally, the update was published with comments from users confirming that they had already used the feature and that it had been successful. https://twitter.com/binance/status/1608523244323147778?s=20&t=YyTeC3dONOYb9CCmn1lgRg Binance Makes it Easy to Buy Crypto with Apple Pay and Google Pay…
Due to the power outage, users’ subscriptions to cloud mining products have been extended by three days. According to a Dec. 28 official announcement, Binance’s cloud mining services were unavailable from Dec. 24-26 due to the severe winter storm in North America. The business declared that users’ subscriptions to cloud mining products were extended for three days as a result of the power outage. Further weather-related outages, according to Binance, will cause cloud mining subscriptions to expire sooner. Users without mining equipment can now earn mining rewards from Binance Pool thanks to the exchange’s cloud mining service, which was just…
Stellar released their report for 2022 this past week. Stellar reports extraordinary development in a number of its industries despite the prolonged winter. Their network statistics show that the overall payment growth between 2021 and 2022 was 176%. Denelle Dixon, the founder and CEO of Stellar, asserted in a blog post that the global payment network will achieve “astronomical” results in 2022 despite a protracted downturn in the market. The primary Ripple competitor Stellar celebrated 1 billion transactions in 2017. However, Stellar was able to complete 1 billion operations in a single quarter this year. They currently have more than…
Nearly all of the reserves produced by publicly traded Bitcoin miners were sold off in 2022, but they now seem to be resuming to build reserves. Nearly all of the Bitcoin mined in 2022 was sold off by publicly traded Bitcoin miners, sparking a discussion about whether or not the sales caused “a persistent headwind” for the price of bitcoin. According to information shared by Messari analyst Tom Dunleavy in a tweet on December 26, roughly 40,300 of the 40,700 BTC mined by Core Scientific, Riot, Bitfarms, Cleans Park, Marathon, Hut8, HIVE, Iris Energy, Argo, and Bit Digital between January…
Following widespread hacks, 3Commas repeatedly informed users that they had been “phished,” which led to the leak. A Twitter user going by an alias was able to obtain about 100,000 API keys belonged to 3Commas customers. More than 10,000 of the keys were released by the leaker on Wednesday, and the remainder “will be published full [sic] randomly in the upcoming days,” according to the leaker.In a tweet on Wednesday, 3Commas CEO Yuriy Sorokin stated that the company had “asked that Binance, KuCoin, and other supported exchanges revoke all the [API] keys that were connected to 3Commas” in response to…
This story is inspired by real stories and a story by a Reddit user (deleted) It was a typical Wednesday evening when Jack decided to try his luck on a popular dating site. As he scrolled through the profiles, he was drawn to one in particular – a beautiful woman named Sarah, who claimed to be a successful crypto trader. Intrigued, Jack sent Sarah a message and was pleasantly surprised when she responded almost immediately. They started chatting and hit it off right away. Sarah was smart, funny, and seemed to have a real passion for cryptocurrency. As they continued…
The DFPI last issued such a significant number of crypto scam alerts in June, when it raised the red flag over 26 suspect crypto platforms. Over the course of two days, the California Department of Financial Protection and Innovation (DFPI) has issued 17 different warnings to cryptocurrency brokers and websites it believes to be fraudulent. Among the companies on the list are, to name a few, Tahoe Digital Exchange, TeleTrade Options, Tony Alin Trading Firm, Hekamenltd/Tosal Markets Limited, Trade 1960, Yong Ying Global Investment Company Limited, Unison FX, VoyanX.com, and ZC Exchange. Additionally, eth-Wintermute.net and UniSwap LLC are two imitation…
On June 4, 2021, Tyler and Cameron Winklevoss, the co-founders of the cryptocurrency exchange Gemini Trust Co., attend the Bitcoin 2021 Convention in Miami, Florida. Investors have filed a fraud lawsuit against cryptocurrency exchange Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss. Investors Brendan Picha and Max J. Hastings claimed the business sold interest-bearing accounts without adequately registering them as securities in a document filed on Tuesday in federal court in Manhattan. The case centers on Gemini interest accounts that the business offered to investors through Gemini Earn, in which participants lent Gemini cryptocurrency in return for substantial…
It’s difficult to say exactly why cryptocurrency may be perceived as similar to other financial instruments without more context. Cryptocurrency can be used as a store of value, similar to traditional assets such as gold, and it can also be traded on various exchanges in a way that is similar to traditional securities. However, it’s important to note that cryptocurrency is a relatively new and rapidly evolving asset class, and it has unique characteristics that differentiate it from traditional financial instruments. For example, most cryptocurrencies are based on decentralized, blockchain-based technologies, which makes them resistant to tampering and censorship. Additionally,…
According to Dmitry Medvedev, crypto will gain popularity while the US dollar and the euro will lose strength. The International Monetary Fund (IMF) and the World Bank may collapse in 2023, according to Dmitry Medvedev, a Russian politician who presided over the nation from 2008 to 2012. He proposed that such a scenario might weaken the influence of the euro and the dollar while increasing the use of cryptocurrencies. Justin Sun, the creator of Tron, agreed with Medvedev’s “insightful comment.” He also insisted that “the best is yet to come” and that cryptocurrency adoption is gradually increasing in China. Medvedev’s…