Category: Ethereum News

Upbit offers sUSD stablecoin which has not been very stable lately. It has been unable to maintain its peg to 1 USD. There has been significant volatility in the associated token SNX.

Kraken is delisting USDT, EURT, PYUSD, UST, and TUSD for users in the European Economic Area (EEA) due to new regulatory guidance. Spot trading will be sell-only from February 27, and by March 31, all remaining balances will be auto-converted to USDC.

CAKE is the native token of PanCakeSwap, which is Binance’s answer to uniswap. It is a fully featured DEX allowing users to trade without creating any account or does not need any KYC. Users on the web and android phones can trade directly from their wallets. Being a native token has its own perks. 

Around 20 million dollars worth of crypto compromising of Ethereum, USDC, USDT and aUSDC has moved from an address that belongs to US government to hacker’s address.

The Ethereum Foundation, which overlooks the development of the Ethereum project, has sold some more ETH for DAI. The foundation sent more than 1000 ETH to a multi-signature wallet a few hours ago.

What is a crypto coach? Well, that is a fancy new term for a crypto scammers, if you ask the X users. Pavel Durov, CEO of Telegram was being accompanied by Yulia Vavilova, a crypto coach. 

Telegram CEO, Pavel Durov was arrested yesterday in France and as a result, the TON token is down quite a lot, more than 15 percent at time of writing. 

Some horrible news is coming out of China involving cryptocurrency and kidnapping. Two Chinese employees, Sun and Xia, from a medical company were kidnapped and killed in the Philippines. 

Massive news coming in from #1 crypto currency exchange in the world – Binance has announced it would be delisting four crypto projects from its platform. This includes Waves, OmiseGO, NEM and and Wrapped NXM. 

If you casually printing on coins and tokens on BASE cryptocurrency, well, we got bad news for you. KYC is mandatory and no-one has been able to bypass the KYC requirement when bridging off BASE. In other words, moving your funds from BASE to another cryptocurrency is not possible unless you do full KYC.