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Binance partners with Indonesian telco to develop new crypto exchange

Major cryptocurrency exchange Binance has partnered with MDI Ventures, PT Telkom Indonesia’s venture capital arm, to establish a crypto exchange platform. According to a joint announcement on Wednesday, the agreement will also seek to broaden blockchain adoption throughout Indonesia, which is home to about 240 million people. To assist with the development of the new

$33.5 billion worth of ETH ‘trapped’ in largest Ethereum contract

The single largest Ethereum contract containing 8,641,954 Ether (ETH) worth $33.5 billion is sitting idle because it cannot be spent or sent. A Twitter user highlighted the Beacon chain contract claiming it to be the largest Ethereum contract with billions of dollars worth of ETH “trapped” inside it.  BREAKING: 8,641,954 ETH ($32 billion) trapped in

Massive Crypto Whales Have Stockpiled Over $96,000,000,000 Worth of One Large-Cap Altcoin: Insights Firm Santiment

Massive crypto whales are gobbling up one digital asset as the crypto markets move sideways, according to crypto analytics firm Santiment. Santiment notes on Twitter that the top-10 largest non-exchange Ethereum addresses now hold 24.78 million worth of Ethereum (ETH), a trove that’s worth more than $96.33 billion at time of writing. That total is

Ethereum is Burning at the Rate of 6.29 ETH per Minute

Burnt Ether is edging closer to the 1.2 million ETH mark, given that it’s burning at a rate of 6.29 ETH, approximately $24,361, per minute.  Ever since the London Hard Fork or EIP 1559 upgrade went live on August 5, the burning feature was introduced every time Ethereum was used in transactions. One of the

Bitcoin price briefly shows $870B on CoinMarketCap

Crypto traders experienced a moment of joy, followed by confusion, when a glitch caused several data aggregators to briefly display enormous gains for Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. CoinMarketCap and several other price indexes showed Bitcoin’s price closing to $900 billion as ETH showed over $81 billion. The momentary glitch also impacted Cointelegraph’s

SBI Holdings invests in Singapore crypto exchange Coinhako

Tokyo-based financial services giant SBI Holdings announced a joint investment in Coinhako, Singapore’s first licensed crypto exchange approved by the Monetary Authority of Singapore (MAS).  The Coinhako investment was made via a fund jointly set up by SBI and Swiss-based Sygnum Bank, namely, the SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) Fund, according to the notice. Speaking

Coinbase Wallet Rolls Out Support for NFTs

Nasdaq-listed digital currency trading platform Coinbase Global Inc has expanded the support for its self-custody wallet to include Non-Fungible Tokens (NFTs). As unveiled by the crypto exchange behemoth, the support for the NFT will let users store and control their ERC-721 NFT assets, a move billed to increase the adoption of the exchange’s browser wallet.