Join the Phemex Deposit Dazzle & Claim $5,000 just for Deposits!
Phemex, a Singapore-based cryptocurrency exchange, seems to be attracting all of the industry’s attention. They’re bringing back the popular Deposit Dazzle event
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Deposits
Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge
Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on selected networks, starting September 6th at 2 am (UTC) in anticipation of Ethereum's Merge event.#Binance will suspend deposits and withdrawals for Ether $ETH and Wrapped Ether $WETH on
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Binance to suspend ETH and ERC-20 deposits and withdrawals during Merge
Cryptocurrency exchange Binance will suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens during the blockchain's transition to its proof-of-stake (PoS) Beacon chain in September.The world’s largest exchange by transaction volume announced the move in a bid to provide stability during The Merge, which is touted to take place
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Coinbase will ‘briefly pause’ ETH and ERC-20 token deposits and withdrawals during Ethereum Merge
United States-based cryptocurrency exchange Coinbase has announced it will be temporarily suspending certain token deposits and withdrawals when Ethereum’s core developers transition the blockchain to proof-of-stake, or PoS.In a Tuesday blog post, Coinbase product manager Armin Rezaiean-Asel said that during the Merge event, the crypto exchange will “briefly pause” deposits and
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DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits
Through these pools, traders can take leveraged bets on a widely predicted post-Merge doubling of annualized staking yields to 8% and higher, merely by depositing the underlying asset, ETH, as margin. Traders don’t need to hold stETH or rETH tokens to enter an interest rate swap contract, as might fit
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Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits – Bitcoin News
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege Voyager is FDIC insured.
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Data Provider DeFiLlama De-emphasizes Double-Counted Crypto Deposits After Saber Revelation
On Thursday, DeFiLlama switched off its default display of protocols’ double-counted crypto assets, lowering some blockchains’ total value locked (TVL) – an all-important metric of popularity in decentralized finance (DeFi) – by billions of dollars. Original Source
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BNB rallies 39% despite smart contract deposits dropping 28% — Should investors be worried?
Cryptocurrencies’ total market capitalization bounced from $860 billion on June 30 to the current $1.03 trillion, a 20.6% relief in five weeks. Ether (ETH) might have been the absolute leader among the largest smart contract chains, but BNB managed to gain 39% over that period.BNB (blue) vs. Ether (orange), AVAX (cyan),
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Deposits at non-bank entities, including crypto firms, are not insured — FDIC
The United States Federal Deposit Insurance Corporation, or FDIC, has issued an advisory informing the public it “does not insure assets issued by non-bank entities, such as crypto companies.”In a Friday notice, the FDIC advised banks in the U.S. that they needed to assess and manage risks in third-party relationships
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Fed demands Voyager remove ‘false’ claims deposits are FDIC insured
Cypto lender Voyager Digital has been directed to remove “false and misleading” statements that its user’s deposit accounts are FDIC insured.In a joint letter written on July 28 by Seth Rosebrockfrom & Jason Gonzalez, Assistant General Counsel at the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) to Voyager
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