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Cryptocurrency News Articles

Important News: "What important events happened in the past 24 hours"

Dec 12, 2024 at 08:00 pm

Binance will change its SAFU address, during which a large amount of USDC will be transferredBinance posted on X that it will change its SAFU address

Important News: "What important events happened in the past 24 hours"

Binance will change its SAFU address, during which a large amount of USDC will be transferred

Binance posted on X that it will change its SAFU address, during which a large amount of USDC (ETH) will be transferred.

Binance CEO: Binance user deposits will reach $21.6 billion in 2024

Binance CEO Richard Teng stated on X that Binance user deposits will reach $21.6 billion in 2024, with average Bitcoin deposits increasing from 0.36 BTC to 1.65 BTC.

USDT deposits surged from $19,600 to $230,000, reflecting growing interest from professional and institutional investors in USDT.

Australian asset management company AMP purchases $27 million in Bitcoin

According to Bitcoin Magazine, Australian asset management company AMP, which manages $56 billion in assets, recently purchased $27 million worth of Bitcoin.

Binance will launch Usual (USUAL) spot trading pairs on December 18

Binance will end pre-trading for Usual (USUAL) on December 17, 2024, at 17:00 (UTC+8), and will open spot trading pairs USUAL/BTC, USUAL/USDT, USUAL/FDUSD, and USUAL/TRY on December 18 at 19:00 (UTC+8).

DEXX founder: Suspects in the platform theft case have been identified domestically

DEXX platform founder Roy stated in an exclusive interview with Odaily Planet Daily that the suspects in this case have been identified domestically, but the investigation process is very complex and involves significant time and resource costs. Law enforcement agencies began intervening early on, and to ensure the investigation proceeds smoothly, details were not disclosed to the public until December 6. Early disclosure could affect law enforcement progress or alert the suspects, so information disclosure needs to be cautious.

Roy mentioned that for the team, handling the incident requires not only cooperation with law enforcement but also incurs high technical and management costs. Additionally, due to the complex technical details and the interests of investment institutions involved in the case, further confirmation is needed on which information can be made public.

BlackRock's Bitcoin spot ETF has surpassed its gold ETF in size

CryptoQuant founder Ki Young Ju stated on social media that data shows BlackRock's Bitcoin spot ETF (IBIT) now has more assets under management than its gold ETF, with billions of dollars flowing into the Bitcoin market weekly. SmartMoney already knows which is better, with gold's market cap at $17 trillion and Bitcoin's at $2 trillion.

OKX will launch GOAT spot trading

According to an official announcement, OKX will launch GOAT spot trading, with GOAT/USDT spot trading opening at 18:00 (UTC+8) on December 12, 2024.

Zhao Changpeng: Live demonstrations and business cards are effective ways to introduce projects to me

Binance co-founder Zhao Changpeng stated on X: "Live demonstrations are worth more than a thousand words.

Many people try to pitch their projects to me at conferences, often taking selfies with me. This does not work. I'm not smart enough to understand a project in seconds.

Cryptocurrency mining chip design company Nano Labs completes $36.25 million private placement

Cryptocurrency mining chip design company Nano Labs has completed its previously announced private placement of 5,611,459 shares of Class A common stock at a purchase price of $6.46 per share, raising approximately $36.25 million in total. The total purchase price was paid in USD, Bitcoin, and USD.

Trump family's cryptocurrency project WLFI is converting stablecoins to ETH, current holdings valued over $0 million

According to The Block, on-chain data shows that Trump family's cryptocurrency project World Liberty Financial (WLFI) purchased $5 million worth of ETH on Wednesday. This brings the project's total ETH balance to over $50 million, primarily accumulated in recent weeks.

Mainland Chinese users see cryptocurrency fund promotion ads on Alipay homepage

According to community users, some mainland Chinese users have recently received cryptocurrency fund promotion ads on their Alipay homepage, stating "Global investment, cryptocurrency soaring, starting from 10 yuan, get on board immediately." Upon verification, the fund is Huabao Overseas Technology C (QDII-FOF-LOF), a compliant investment model for overseas assets, indirectly holding Coinbase stock and ARK Invest Bitcoin spot ETF. Currently, each person is limited to purchasing 1,000 yuan per day.

Stablecoin payment platform KAST completes $10 million seed round financing, led by Peak XV and HongShan

According to Techcrunch, Sequoia China (HongShan) and Sequoia India (Peak XV), spun off from Sequoia, jointly led a $10 million seed round financing for stablecoin payment

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Other articles published on Feb 24, 2025