A newly created wallet withdrew 11,827 Zcash (ZEC), worth about $7.96 million, from Binance in a single transaction. This follows a pattern of large withdrawals of ZEC and other privacy coins like Bitcoin from Binance, which has faced operational and regulatory challenges with privacy coins. Binance has temporarily halted Zcash withdrawals before and may delist ZEC due to regulatory pressure, which could severely impact ZEC’s price and liquidity since Binance is a major trading platform for it. Investors should watch for further regulatory developments and Binance’s stance on privacy coins.
World Liberty Financial (WLFI), a DeFi protocol linked to the Trump family, saw its highest profit and on-chain activity after Binance launched a USD1/BTC trading pair. The listing boosted WLFI's market cap to around $2 billion with $30 million in da...
Binance experienced a $1.2 billion outflow of stablecoins, including $1 billion in USDT, following a recent Bitcoin price drop. This movement suggests traders may be closing short positions or realizing profits, reducing near-term buying pressure on ...
A transfer of 30 million USDT to a Binance wallet was detected on-chain, attracting attention as it may indicate preparation for significant trading activity. While such large stablecoin inflows often suggest potential buying power for cryptocurrenci...
Glassnode's analysis reveals that 6.04 million Bitcoin (30.2% of total supply) are vulnerable to future quantum computer attacks due to exposed public keys on the blockchain. This exposure arises mainly from address reuse and older Bitcoin address ty...
A Bitcoin wallet holding 500 BTC, untouched for over a decade, was recently moved, coinciding with new research highlighting risks from quantum computing to Bitcoin's security. Analysts warn that over 30% of Bitcoin supply is vulnerable to future qua...
