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Binance cryptocurrency exchange is preparing for another upgrade of its wallet infrastructure, warning users about the upcoming address migration.On July 6, Binance officially announced that it will be retiring selected deposit addresses in batches as part of a network address migration scheduled for Q3 2023.Binance’s latest wallet upgrade will affect
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“Binance will be changing the provider for EUR deposits and withdrawals via Bank Transfer (SEPA). Our current partner, Paysafe, will no longer be providing these services to Binance users from 25th September 2023,” a spokesperson for the exchange told CoinDesk in an email. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance crypto exchange has announced support for direct deposit and withdrawal of the USDC stablecoin via the Arbitrum network. Arbitrum USDC deposits and withdrawals Following the integration of USD Coin (USDC) on the Arbitrum One network, on
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The U.S.-based exchange said on Friday that users should withdraw USD as soon as possible following the SEC’s "extremely aggressive and intimidating tactics" against the company. The platform has suspended U.S. dollar deposits and will delist USD trading pairs shortly, while it temporarily transitions to a crypto-only exchange. Original Source
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The Optimism network concluded its “Bedrock” upgrade on June 7, reducing deposit times, lowering layer-1 fees and enacting additional security features, according to an announcement from network developer OP Labs. The upgrade is part of a series of reforms the developer says will help create a “Superchain” of scaleable Web3
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In response to a series of transaction issues that raised concerns about the Multichain (MULTI) protocol, leading crypto exchange Binance has temporarily suspended deposits for 10 bridged tokens as of May 25. Affected token pairs include polkastarter
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to recent data from blockchain analytics firm Glassnode, the total value held in the ethereum 2.0 deposit contract reached an all-time high (ATH) of $40,733,472,229.12. The ethereum 2.0 deposit contract is part of Ethereum network’s
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The world’s largest cryptocurrency exchange by trading volume, Binance, is disabling multiple old deposit addresses as part of its infrastructure upgrade.In an announcement on April 18, Binance said it would retire selected deposit addresses and memos in batches on multiple blockchains, including Ether (ETH), Tron (TRX), BNB (BNB) and Stellar
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According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across
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Despite the clarity of the SBA’s stance, there are still many questions to answer on the legal front. In a recently published white paper, the Swiss Bankers Association (SBA) proposed the issuance of a joint deposit token on a public blockchain. The SBA noted a consensus that stablecoins be issued by
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