BingX Crypto & Financial News
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🌐 Your portal to the crypto and financial world. Breaking news, insights, and analysis from BingX and crypto market.
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The Federal Reserve is launching a new type of restricted master account that permits eligible institutions to access the Fed's payment system directly, bypassing intermediary banks, according to Fed Governor Chris Waller. The initiative aims to support innovative financial entities including fintech firms, stablecoin issuers, and payment service providers. This move marks a significant development for firms such as Custodia Bank and Kraken, which have long sought Fed master accountsβ€”Custodia even filed a lawsuit against the Fed. The policy could also accelerate approval processes for companies like Ripple and Anchorage that submitted applications earlier this year.
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CoinGlass reports that $170 million in liquidations occurred in the past hour.
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The Solana Saga development team has announced they will cease providing critical software and security updates for the device.
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The Solana Saga development team has announced they will no longer provide essential software and security updates for the device.
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In the past few hours, 2.1 million SOL, worth approximately $400 million, was transferred from Coinbase.
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Top 10 projects ranked by market capitalization relative to revenue.
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The top 10 projects ranked by market capitalization relative to revenue.
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Glassnode reports that since October 15, the supply held by long-term Bitcoin investors has decreased by 28,000 BTC. The outflow rate has steadily increased from about 12,500 BTC per day in early July to approximately 22,500 BTC per day, based on the 30-day simple moving average.
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Glassnode reports that since October 15, long-term holder supply has declined by 28,000 BTC. The outflows have increased steadily, rising from roughly 12,500 BTC per day in early July to 22,500 BTC per day, based on the 30-day simple moving average.
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This trader has reported a total profit of $3.2 million with a 100% win rate. He entered a long position of 9,082 ETH, worth approximately $35 million, just prior to a price surge.
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BingX Crypto & Financial News
Limitless Exchange, a prediction marketplace on Base, has secured $10 million in seed funding ahead of the launch of its #LMTS token. The round attracted investments from 1confirmation, DCG, Coinbase Ventures, Arrington Capital, and others. Read more.
#LMTSLimitless has unveiled its tokenomics:
- Total supply set at 1 billion tokens
- Tokens will be issued on the Base network
- A portion of platform fees will be allocated for token buybacks
- 24.37% of tokens reserved for airdrops
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BingX Crypto & Financial News
Limitless Exchange, a prediction marketplace on Base, has secured $10 million in seed funding ahead of the launch of its #LMTS token. The round attracted investments from 1confirmation, DCG, Coinbase Ventures, Arrington Capital, and others. Read more.
Limitless has published the tokenomics for the LMTS token. The total supply is capped at 1 billion tokens. Token distribution and transactions will occur on the Base network. A portion of platform fees will be allocated for buybacks. Additionally, 24.37% of the total supply is reserved for airdrops.
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OpenAI launches ChatGPT Atlas browser.
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BingX Crypto & Financial News
ZORA and RECALL Korean Won markets have been added to the platform with no transaction fees. Details available at feed.bithumb.com.
ZORA surged 20% following its listing announcement on Bithumb, after reaching the top spot in spot and futures trading across all centralized exchanges just 10 minutes prior. Last night, transfers by Wintermute and Cumberland to Robinhood prompted increased buying activity, contributing to a 15% gain in the token’s price.
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BingX Crypto & Financial News
ZORA and RECALL Korean Won markets have been added to the platform with no transaction fees. Details available at feed.bithumb.com.
ZORA surged 20% following its announcement of listing on Bithumb. The token had recently topped spot and futures trading volumes across all centralized exchanges approximately 10 minutes prior to the listing news. Additionally, transfers from Wintermute and Cumberland to Robinhood last night prompted a 15% price increase amid heightened buying activity.
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https://t.me/airdrops3/2147483647
πŸ“Š Chart πŸ‘ˆ
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Tether burns an additional $1 billion in USDT tokens.
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Tether has burned an additional 1 billion USDT.
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Kadena to Halt Blockchain Operations and Suspend Business Activities
Kadena has announced it is unable to continue its operations and will immediately cease all business activities and maintenance of the Kadena Blockchain.
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