Good morning Asia. Here's what's happening: 1. $BTC falls only slightly, trades near $28.6K, despite Binance temporarily closing BTC withdrawals. 2. Maximalists dislike ordinals, but they are becoming a good revenue source for miners. By TheSamReynolds
Bitcoin Hovers Around $29K After April Jobs Report; Are CBDCs Becoming a Presidential Election Issue?
The U.S. added 253,000 jobs in April, up from a downwardly revised 165,000 in March and ahead of economist forecasts for 180,000, according to a Bureau of Labor Statistics report. Separately, CoinDesk's executive director of global content, Emily Parker, explained why central bank digital currencies could become a topic in the U.S. presidential election. Mysten Labs CEO Evan Cheng and Chase White from Compass Point Research also joined the conversation.
A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless?"The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.
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Binance to Adjust the Market Order Function for Selected Spot and Margin Trading Pairs | Binance SupportBinance will adjust the Market Order Total function for selected spot and margin trading pairs at May 7, 9:00 am UTC. After the update, users will not be able to access some features when placing market orders. Full details below ⬇️
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The Importance of Binance's Request for Information (RFI) Process | Binance BlogAt Binance, protecting user assets is our top priority. We apply strict protocols and industry-leading technical measures to ensure our platform remains secure. Read below to learn what the RFI process is and how we use it to protect users.
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UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance – Regulation Bitcoin NewsThe proprietary injunction, which was granted on October 18, 2022, was issued in respect to 470,904 USDT stablecoins that were traced to Binance user accounts. cryptoexchange
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Binance Reportedly Investigated in US for Russia Sanctions Violations – Exchanges Bitcoin NewsCryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report.
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Binance closes BTC withdrawals amid congestion on the Bitcoin networkCrypto exchange Binance closed Bitcoin (BTC) withdrawals on May 7 due to an alleged overflow of transactions on the Bitcoin network.
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Binance resumes Bitcoin withdrawals after temporary closureCrypto exchange Binance said that it has resumed Bitcoin withdrawals after a brief closure due to a congestion issue.
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