Binance, a leading cryptocurrency exchange, has announced important updates to its Managed Sub-Account (MSA) feature, which will take effect from July 1, 2024. According to Binance, these changes aim to ensure optimal user experience and maintain platform efficiency.Main ContentThe update introduces several new regulations and fees for MSAs, which are sub-accounts managed by the trading team under the master account. Here are the highlights:Minimum Asset Requirements: Each MSA must maintain an asset account balance of at least 100,000 USD at all times.Rebates and discounts excluded: MSAs are not eligible for Liquidity Provider Program rebates and…
Author: Crypto Flexs
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Core Scientific, one of the largest US Bitcoin mining companies, is betting on artificial intelligence (AI) amid recent issues related to the BTC halving.Core Scientific announced a $3.5 billion deal with AI cloud provider CoreWeave on June 3 via X. As part of the agreement, Core Scientific will provide an additional 200 MW of infrastructure to host CoreWeave’s high-performance computing (HPC) operations.According to the release, the transaction is expected to generate total cumulative revenue for Core Scientific of more than $3.5 billion over the initial 12-year term of the agreement. The expected average annual revenue from the contract is expected…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Solana’s rapidly expanding ecosystem, Pepe’s deflationary token economics, and Rebel Satoshi Arcade’s GameFi and NFT integration make it a top altcoin to watch. The cryptocurrency market could see a bit of a green streak this year as well. However, it is far from a full-fledged bull market where prices surge for several weeks. This period is fast approaching and the altcoins to watch are none other than Solana (SOL), Pepe (PEPE), and Rebel Satoshi Arcade (RECQ). Choosing an altcoin…
Chief Financial Officer (CFO) of a News Media Epoch Times Arrested and charged with involvement in a $67 million money laundering scheme involving cryptocurrency.Bill Guan was charged with conspiracy to commit money laundering and two counts of bank fraud for allegedly participating in a “transnational scheme” to launder $67 million, according to a news release from the U.S. Attorney’s Office for the Southern District of New York. Funds obtained illegally.Guan is accused of orchestrating a conspiracy to: Epoch TimesThe ‘Make Money Online’ team used millions of dollars in cryptocurrency to purchase illicit funds, including ‘fraudulently obtained insurance benefit proceeds’ loaded…
The memecoin renaissance is in full swing. Over the past month, we’ve seen a lot of meme-driven news. Roaring Kitty, the face of the 2021 meme stock rally, is back in X. Pump.fun, a Memecoin launchpad, was exploited for $1.9 million by a former employee. The face of Dogecoin, Shiba Inu Kabos, has passed away. Cryptocurrency markets in general have been buoyed by the surprise approval of the Ethereum ETF 19b-4 spot approval and excitement over more optimistic inflation data coming out of the US this month. But if you zoom in on just the past week, you can see…
A widely respected analyst and trader reveals his top four altcoins for the next six months. The analyst, who goes by the pseudonym The Flow Horse, told his 217,900 followers on social media platform X that Ethereum (ETH) is one of the key plays to watch between now and the end of the year. His other choices include memecoin Pepe (PEPE), MAGA (TRUMP), a memecoin inspired by presidential candidate Donald Trump, and Ondo Finance (ONDO), a project focused on tokenizing real assets (RWA). “ETH, Pepe, Trump, Ondo. Don’t want a fifth, just throw it into King (Bitcoin). The maximum period…
Vienna-based cryptocurrency exchange Bitpanda has entered into a groundbreaking partnership with Deutsche Bank. The goal of this collaboration is to provide real-time payment services to German users. The company claims that this is the first time an international bank has partnered with a cryptocurrency platform for such a high level of integration. Cryptocurrency meets traditional finance: Bitpanda and Deutsche Bank’s new partnership With this new alliance, Bitpanda’s German customers will be able to enjoy real-time deposits and withdrawals in fiat currency using local IBAN numbers provided by Deutsche Bank. This feature makes trading more seamless and improves user experience on…
Key insights from AMA The SSV Labs team recently hosted an insightful AMA with participants from ssv.network DAO, SSV Foundation, and SSV Labs. According to ssv.network, the session aimed to provide key insights into the role and goals of the SSV Foundation, with a focus on collaboration with the SSV DAO to bridge decentralized decision-making and real-world execution. The AMA highlights the Foundation’s initiatives, operational changes, the Foundation’s impact on the community, and addresses common questions about the Foundation’s interactions with other members of the ssv.network. SSV Foundation Q&A Highlights During the Q&A session, a…
June 3 Bitfinex is one of the first exchanges to list Taiko’s native token, TAIKO. Posting time: 10:00h From media materials Maria Lobusova Road Town, British Virgin Islands – 3rd June 2024 – Bitfinex (https://www.bitfinex.com), a leading digital asset trading platform, today announced that it will be one of the first exchanges to list TAIKO, Taiko’s native token focused on Ethereum-based layer 2 networks. About scalability. First launched in 2022, Taiko is the ZK-rollup equivalent of Ethereum. This means using zero-knowledge rollup technology to scale Ethereum by batching multiple transactions, reducing costs, and increasing speed. Taiko, a layer 2 solution,…
Long-term Bitcoin holders are back in accumulation mode as Bitfinex points to a change in market dynamics with the possibility of a new rally. Post-Bitcoin long-term holders resumed accumulation for the first time since December. The post Bitfinex appeared first on Crypto Briefing.