Binance Secures $15B in User Funds Q3
@Binance reported $14.8B in net user fund inflows for Q3, outpacing the next ten exchanges by 158 times, driven by scale, compliance, and innovation. #Update #Crypto $BNB
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Bitcoin Research Boosts Investment Success with Gemini
Google’s Gemini aids crypto research by structuring data for analysis, emphasizing precise prompts and independent verification; it’s not a price oracle or financial adviser. #Update #Crypto $SOL
Pi Network Launches DEX and AMM Features
@PiNetwork has launched DEX and AMM features on its Testnet, enabling token exchanges and liquidity pools, enhancing Pi Coin’s utility; price rose 3.59% to $0.279 #Update #Crypto $PI
Coinbase Launches $12K USDC Pilot NYC
Coinbase funds a New York pilot, distributing $12,000 in stablecoins to 160 low-income young adults via GiveDirectly to study crypto’s impact. #Update #Crypto $USDC
Binance Dollars Surpass 229% Inflation in Venezuela
Venezuela’s inflation hits 229%, pushing merchants to adopt USDT for pricing and transactions, effectively dollarizing the economy via stablecoins amid cash scarcity. #Update #Crypto $USDT
Coinbase Surges to $1B Onchain Loans
@Coinbase has issued $1 billion in onchain loans using bitcoin as collateral, with CEO Brian Armstrong targeting a $100 billion expansion. #Update #Crypto $BTC
Crypto Perp DEX Mania Set to Crash
@BitMEX CEO Stephan Lutz warns that the dominance of decentralized exchanges like Hyperliquid and Aster may wane due to fragile incentive models, while predicting a more stable BTC market with institutional adoption. #Update #Crypto $BTC
Binance Prioritizes Compliance in Asia Strategy
Sei expands in Asia using Japan’s licensing, securing listings on Binance and OKX Japan, leveraging USDC and tokenization with Apollo. #Update #Crypto $SEI
Binance Founder Warns BNB Chain Compromise
BNB Chain’s X account was compromised, posting a phishing link. Binance’s CZ warned users not to click links as investigations continue. Phishing remains a major threat in crypto. #Update #Security $BNB
Binance Launches Crypto Service for Banks
@Binance launches Crypto-as-a-Service, enabling banks and brokerages to offer crypto trading using Binance’s infrastructure and liquidity. #Update #Crypto
SEC Approves Ripple Coinbase BitGo Custodianship
The U.S. SEC has issued guidance allowing investment advisers to use state-chartered trust companies as qualified custodians for crypto assets, enhancing custody options for firms like @Coinbase and @Ripple. #Update #Crypto $XRP
Solana Treasury Surges $400M via Crypto.com
@cryptocom partners with Sharps Technology to manage $400M+ Solana treasury, enhancing ecosystem liquidity with institutional-grade custody and OTC services. #Update #Crypto $SOL
Ethereum Simplifies Onboarding with Coinbase Onramp
Ethy integrates Coinbase’s Onramp, enabling fiat deposits and in-app crypto purchases without external widgets, enhancing user experience. #Update #Crypto
Coinbase Launches Sui Futures October 20
Coinbase will list Sui futures on its derivatives platform starting October 20, enhancing trading options for the $SUI token. #Update #Crypto $SUI