DOGS : Volatile Market Debut with $618M Market Cap and $1.25B Trading Volume
The $DOGS , has shown significant activity since its listing on Binance on August 26, 2024. The coin is currently trading at approximately $0.001197, reflecting a 24-hour trading volume of around $1.25 billion. The market cap stands at approximately $618.5 million, placing it within the top 100 cryptocurrencies by market cap. The price has experienced notable volatility, with a high of $0.001856 and a low of $0.001129 within the past 24 hours. The fully diluted market cap is estimated at $658.3 million. As of now, the $DOGS is ranked #100 on CoinMarketCap, reflecting its significant market activity and valuation since its listing #DOGSONBINANCE #TelegramCEO #BNBChainMemecoins #CryptoMarketMoves #Write2Earn!
Stacks: Nakamoto upgrade is expected to reduce transaction processing time to a few seconds and facilitate interaction with DeFi applications
According to ChainCatcher, Stacks published a post on X stating that the current Stacks transaction processing time is about 10 minutes, which severely limits the development of its DeFi applications. The upcoming Nakamoto upgrade will completely change this situation, significantly shorten the block time, and is expected to revolutionize the Bitcoin DeFi ecosystem. After the upgrade, user interaction time with existing protocols will be shortened from minutes to seconds, which will greatly improve user experience, support high transaction volume use cases, and eliminate the limitations of complex DeFi strategies. For example, currently time-consuming operations such as minting liquidity Stacking tokens, depositing into DeFi applications, and mortgage lending will become faster.
A hacking group, USDoD, claims to have stolen 2.7 billion records of Americans' personal information, including Social Security numbers and addresses, from National Public Data, a background check platform.
Bitcoin Drops To $59,000 As US Government Moves To Sell More BTC 30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Don’t miss this opportunity; join the pre-sale at the official website (PlayAiGames.Online)
Bitcoin fell 2.5% on Wednesday to $59.100 after the U.S. government moved more of its Silk Road-affiliated Bitcoin holdings to Coinbase Prime.
On-chain analysis platform Arkham Intelligence flagged the move on Wednesday, noting that 10,000 BTC worth $593 million had been moved. “Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago,” Arkham wrote to Twitter.
“This BTC has just been sent on to 33J, a Coinbase Prime deposit wallet.” According to Arkham, the U.S. government’s Bitcoin wallet still holds 203,239 BTC, worth $12 billion. Much of that Bitcoin was seized from the hacker of the fallen darknet marketplace Silk Road in 2021.
At the time, the 50,000 BTC seizure amounted to the largest financial seizure ever conducted by the Department of Justice. This record was later broken months later when the DOJ seized 94,600 BTC from Heather ‘Razzlekhan’ Morgan and her husband, Ilya Lichtenstein, who together hacked the Bitfinex crypto exchange.
The movement to Coinbase implies that the government continues selling its BTC, despite Donald Trump’s promise to forever HODL the government’s current coins if elected president in November.
It’s also coupled with ongoing BTC redistributions to Mt. Gox creditors. Arkham flagged a $2 billion Bitcoin move on Tuesday of creditor’s coins from BitGo’s blockchain wallet.
Notice of Removal of Spot Trading Pairs - 2024-08-16
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume. Based on our most recent reviews, Binance will remove and cease trading on the following spot trading pairs: At 2024-08-16 03:00 (UTC): BLZ/FDUSD, IMX/TRY, PORTO/BTC Please note: The delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance. Binance will terminate Spot Trading Bots services for the aforementioned spot trading pairs at 2024-08-16 03:00 (UTC) where applicable. Users are strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. For More Information: Binance Delisting Guidelines & Frequently Asked QuestionsHow to View Delisting Information for Tokens & Spot Trading Pairs on Binance Thank you for your support! Binance Team 2024-08-14
Binance Reopens in India After Fulfilling $2.25M Penalty and Registration
Enrollment with the Financial Intelligence Unit (FIU) and a hefty penalty was made.
The FIU claims the exchange was operating illegally inside the nation.
All users in India may now access the URL on the Binance website, since it has been completely restored. Several severe measures were implemented once the exchange encountered regulatory problems in India. But the exchange is now starting to make waves in India’s market, thanks to a slew of fine settlements.
As its URL becomes unblocked and available to users in that location, Binance, one of the leading cryptocurrency exchanges, has now reached an important turning point in the Indian market. Enrollment with the Financial Intelligence Unit (FIU) and a hefty penalty are prerequisites for the URL’s unblocking.
Compliance Requirements Fulfilled
Due to prior non-compliance with Indian regulations, the cryptocurrency exchange had to pay a fine of more than $2.25 million. Their violation of India’s anti-money laundering laws led to the imposition of the fine. The FIU claims the exchange was operating illegally inside the nation. Because it was not registered and was not following local anti-money laundering regulations.
Binance, OKX, and KuCoin were among nine platforms whose URLs were blocked by the Indian government after they made their position against offshore crypto exchanges plain. But, the exchange’s services in India have been restored after the company complied with regulatory requests and paid the penalty.
Since just a small number of crypto exchanges have begun to demonstrate compliance with local legislation, this action may pave the way for others to do the same.
Regulatory compliance is becoming an increasingly important factor in the global cryptocurrency sector. Now that its Indian user base has reached a new milestone—access to the URL—the local crypto trading sector is likely to be affected.
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