Binance is suspending USD-based bank transfers
Binance is suspending USD-based bank transfersBinance said its users' could use all other methods of buying and selling crypto, including bank transfers in other fiat currencies like Euros.
Happy Monday!The global crypto market cap is $1.07 trillion with a 24-hour volume of $50.39 billion. The price of Bitcoin is $23,011.86 and BTC market dominance is 41.5%. The price of Ethereum is $1,646.40 and ETH market dominance is 18.8%. The best performing cryptoasset sector is Liquid Staking, which gained 15%.
Latest NewsBinance is suspending USD-based bank transfers
Binance said its users' could use all other methods of buying and selling crypto, including bank transfers in other fiat currencies like Euros. Yuga Labs settles case with developer of Ryder Ripps’ copycat projectThomas Lehman, the developer of the RR/BAYC, settled with Yuga Labs on Feb. 6. Riot Platforms’ Bitcoin production hits ATH in JanuaryRiot's CEO Jason Les said the new record production was made despite the reduction to its deployed fleet and hash rate capacity. Over $76M invested in crypto funds in past 7 daysAround 90% of this inflow was directed towards Bitcoin-related investment products, which equates to over $69 million. UK FCA warn crypto companies to comply with new ad regime or face imprisonmentThe U.K. FCA said that its crypto promotions regulations would be similar to those guiding other high-risk investments. CryptoSlate Daily wMarket Update: AI tokens shine despite wider market sell-offThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Potential buyers looking to purchase Hodlnaut and its FTX claimsAround $14 million worth of assets, or 72% of the assets Hodlnaut deployed on centralized exchanges were on FTX. AI token AIRI up over 60% in the last 24 hoursAIRI, the native token of aiRight, has posted gains of over 60% in the last 24 hours and over 900% gains over the last 30 days. Crypto companies scale back massively for Super Bowl LVIICrypto spend is now focused on user experience, products, and customer service, rather than glitzy adverts. South Korea issues guidance on security tokens, STOsS. Korea will regulate certain digital assets as securities under the Capital Markets Act and allow STOs under the Electronic Securities Act.
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UK looks to launch digital pound by 2030, roadmap to be released soon
Sunday, February 5, 2023
The Bank of England and the Treasury believe that the UK will "likely" need a digital pound amid declining cash usage.
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