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Will RenQ Finance (RENQ) repeat what Pepe (PEPE) did? Experts … – Crypto News Flash

May 12, 2023 | Author: admin

The cryptocurrency market is full of surprises, and some unexpected projects have shown impressive gains in recent years. One such project is Pepe, a cryptocurrency token that has seen incredible price surges in a short period. Now, experts are predicting that RenQ Finance (RENQ) could repeat Pepes success.

Pepe, a viral Internet meme, has caused a significant stir in the cryptocurrency market. The coin, which launched recently, has made headlines and driven the price up more than 250% in the last 24 hours. One early investor turned $250 into $1.14 million in just four days, making headlines and drawing the attention of investors and fans alike.

The Pepe coin is just one example of the increasing popularity of meme coins like Dogecoin and Shiba Inu, which have attracted the attention of investors and fans as the cryptocurrency sector continues to develop in unexpected ways.

RenQ Finance (RENQ) is another cryptocurrency that experts believe has the potential to replicate the success of Pepe. RenQ aims to provide a one-stop solution for all kinds of traders under one platform in the DeFi world, empowering its users with a comprehensive solution by providing them with a platform that has the benefits of a centralized exchange and beyond.

Like Pepe, RenQ is community-driven, and governed by its community via forum discussions and voting on proposals by RENQ holders. RenQs ecosystem includes a multi-chain DEX, never-ending liquidity, a multi-chain all-in-one wallet, an aggregator, perpetual futures, a vault, a lending protocol, and a DeFi and NFT launchpad.

RenQ Finance has already raised more than $16 million in its presale, exceeding the expectations of many experts in the industry. The platform is poised to launch soon, and experts believe it has the potential to gain 5000% in 2023 alone.

While meme coins like Pepe have captured the attention of the cryptocurrency community, there is no denying that the potential for massive gains exists in more traditional cryptocurrencies like RenQ Finance. With its innovative approach to DeFi and its strong community support, RenQ has the potential to become a major player in the cryptocurrency market in the coming years.

RenQ Finance (RENQ) is a DeFi project that aims to connect all isolated blockchains and establish a cross-chain asset exchange network. RenQ Finance has been gaining a lot of attention in the crypto world, and experts believe it could replicate Pepes success.

One of the reasons experts are optimistic about RenQ Finance is its innovative platform that provides a one-stop solution for all kinds of traders under one platform in the DeFi world. The platform offers a multi-chain DEX, never-ending liquidity, a yield optimizer vault, a lending protocol, and more.

RenQ Finance has already raised over $16.3 million in its presale, which shows that investors have confidence in the project. The current listing price is 0.070 USDT, which is higher than the presale price of 0.055 USDT. This indicates that RenQ Finance is gaining momentum and has the potential to repeat what Pepe did.

Experts believe that RenQ Finance could gain up to 10x more in 2023, given its potential for growth and strategic partnerships. The platforms community-driven governance model is also a positive sign for investors, as it ensures transparency and decentralization.

RenQ Finance has already established partnerships with other projects, including Polkadot, Binance Smart Chain, and Polygon, which is a good indication of its potential. These partnerships will provide RenQ Finance with access to a wider user base, which will help the project grow.

RenQ Finance has the potential to repeat what Pepe did and see massive gains in the coming years. The platforms innovative features, community-driven governance, and strategic partnerships make it an attractive investment option for both experienced and novice investors.

However, as with any investment, it is important to conduct thorough research and due diligence before investing in RenQ Finance or any other cryptocurrency project. It is also important to note that the cryptocurrency market is volatile, and prices can fluctuate rapidly. Therefore, investors should be prepared for potential risks and losses.

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Will RenQ Finance (RENQ) repeat what Pepe (PEPE) did? Experts ... - Crypto News Flash

How to develop Pancakeswap-like exchange with pancakeswap … – The Coin Republic

May 12, 2023 | Author: admin

Owning a crypto exchange script in the high-demand cryptocurrency market is a great investment. The number of traders is increasing rapidly and so the number of exchanges should be. As a result, many entrepreneurs are looking toward creating their own crypto exchange. A trend and practical method to create and launch a cryptocurrency exchange script into the crypto sphere is to clone a famous exchange.

Pancakeswap clone software is a replica of the most facilitated decentralized crypto exchange. Pancakeswap is the most high-performed cryptocurrency exchange that owns up to 2 million users among the DEXs. Cloning pancakeswap is to develop the exact functionality and features of the pancakeswap. But why is clone pancakeswap development beneficial? Read the text through to get your answers to creating a pancakeswap clone script.

Pancakeswap clone development helps you to launch a fully decentralized exchange based on the binance smart chain. Clone pancakeswap enables trading, swapping, staking, yield farming, and earning tokens. But one important benefit of using the dex clone solution is instant ownership. It is a pre-made platform that only needs some changes to fit your business goals.

If you are looking for a plan to get you to the high peaks of earning revenue in the crypto market, then creating a pancakeswap clone script is the right one. With Radindevs ready-to-deploy platform, you will own a decentralized crypto exchange like pancakeswap in a few days.

In this article, we talk about the profits your business receive in case of using a clone pancakeswap software development. Radindev provide different crypto exchange development plans that you can apply for according to your business needs. Visit our website and request our free demo.

Benefits of our pancakeswap clone software

Our provided pancakeswap dex clone script is specialized based on your business requirements. It is highly affordable and benefits your business in different ways. Radindevs developed clone pancakeswap is fully decentralized and no central authority intercedes in the whole transaction process. The reduction of central involvement in making transactions is a crucial benefit of using your pancakeswap clone script that the users get. As a result, the number of users increase due to the highly secured and well-performing pancakeswap clone software.

Instant Ownership

Developing a pancakeswap using the clone development process is fast. You can own your decentralized cryptocurrency exchange script immediately. Pancakeswap exchange clone script is pre-made exchange software that is ready to market in a few days. We apply changes and additional functionalities to specialize it for your business. So it is ready to deploy in less than a week based on your expectations and essentials.

Affordable

Launch a pancakeswap clone script doesnt take long. Your dex clone script is ready to deploy in less than a week. Thus, there is no need for the long allocated time that makes a huge cost reduction in the pancakeswap clone development price. So creating a clone of pancakeswap is affordable and cost-effective which makes it a proper starting plan for small businesses. The pancakeswap clone price is highly affected by the additional protocols that you as the owner request.

Similarity to the pancakeswap exchange script

Pancakeswap script is one of the most popular crypto exchanges in the crypto market. It is the pioneer decentralized exchange with the most active users. The flawless functionality of pancakeswap caused a high number of joiners to the platform which is even increasing at the moment. To reach high success in the crypto era as pancakeswap did, you need to recreate the same operating system of the platform. This is available by using our pancakeswap clone software development solution. It is the replica of the pancakeswaps functionality that is rebranded by your business.

Effortless functional system

The Pancakeswap clone script is the functional recreation of the original platform. It works flawlessly like the pancakeswap that is developed on your new brand crypto exchange. Our pancakeswap clone runs over the binance smart chain. It makes trading faster and charges fewer transaction fees in comparison to the other DEXs. It is multi-tested which leads to creating a bug-free decentralized crypto clone exchange. So, you can ask for radindev pancakeswap clone development to own a hassle-free cryptocurrency exchange script like pancakeswap.

Blockchain-powered security

Our provided pancakeswap clone software is BSC in-built platform. It runs over one of the trustful blockchains, the binance smart chain. It is also empowered by smart contract protocols that benefit both seller and buyer. Additionally, a crypto exchange empowered by the blockchains security is a reliable platform. Extra safety principles are also available to upgrade the security of your pancake swap clone script.

Privacy and identity

The privacy of the traders is a considerable factor in developing a crypto exchange script. Users prefer to trade anonymously and decentralized exchanges have a high private performance. In a dex clone like a pancakeswap clone script, there is no need to share your personal information for trading. Since there is no central interruption through transactions, safety and privacy are improved in the DEX script.

Rapid trading speed

Decentralized exchanges dont provide liquidity as much as centralized crypto exchanges. But in a decentralized clone exchange software we develop an automated market maker mechanism to provide high liquidity to the exchange. To provide constant liquidity in our pancakeswap clone script, we integrate different protocols like AMM and smart contracts. They also rise the security of the platform.

Simple-to-use interface

Our pancakeswap clone is easy to use and simple to understand. New traders need to trade in a simple interface that is even practical for non-experienced traders. Thus, try to create and deploy an easy-to-use exchange that enables fast and simple trading for each user.

Decentralized finance platforms are great passive revenue generators. They connect users to an open-source trading world where your users can own and trade various digital assets. Trading cryptocurrencies and digital assets are trend new business models for most people. They like to participate in such a trading manner to join the revenue stream maker. So, we offer a pancakeswap clone script development service to help you launch such a platform into the cryptocurrency market.

By a clone pancakeswap, no development issue comes up and you will launch your bug-free advanced functioned exchange script into the market instantly.

The Pancakeswap clone platform is built over the BSC. It charges fewer fees for transaction processes that can attract a large number of users to the platform. You can fix the transaction fee as per your requirements.

To improve the platforms security, we can add various safety principles for your exchange. They can maintain and protects digital assets.

In our pancakeswap clone script, we developed an automated market-making protocol that enables trading digital assets with no permission. AMM protocol uses liquidity pools instead of traditional exchanges.

The Pancakeswap clone is customizable. Different features and principles can be added to your exchange script based on your essentials.

A dex clone script functions are similar to the original exchanges. So they are hassle-free and well-functioned and willing to be successful.

A dex clone software like pancakeswap is private. Your users experience safe, fast, and private cryptocurrency transactions in your provided pancakeswap clone. AMM protocols and smart contract principles ensure an anonymous process for the whole transaction.

Some crypto exchange platforms are well-functioned and popular like pancakeswap, binance, paxful, uniswap, etc. You as an investor can clone one of the mentioned crypto exchanges to own your new business model. The Pancakeswap clone script is one of the best-provided solutions to develop a decentralized exchange script.

We can create an effortless crypto exchange script like pancakeswap specifically for your business. One major benefit of creating a clone pancakeswap script is customization. It can be customized and developed based on our requirements.

The pancakeswap exchange script is one of the most well-liked decentralized yield farming platforms. Users stake and mint NFTs in a hassle-free trading space like pancakeswap. Traders and NFT enthusiasts are seeking for similar functionality to list and exchange their non-fungible tokens.

Pancakeswap clone development is the process of technical creation of an NFT clone marketplace script. With radindevs pancakeswap clone development services, you will receive an agile development process in the practice.

Creating a crypto exchange like pancakeswap benefits your business in various ways. It is profitable for both users and investors. For creating a cryptocurrency exchange like one of the most popular DEX scripts, a dex clone script development can be the right solution.

Radindev is one of the pancakeswap clone script providers in the crypto market. It is developed with the respect for the newest technology stacks. We at radindevs development team can create an incredible exchange script for your business accordingly. Join the most profitable crypto exchange in the market by developing your defi clone script.

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice.Thecoinrepublic.comdoes not, and will not endorse any information on any company or individual on this page. Readers are encourag to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post.Thecoinrepublic.comis and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

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How to develop Pancakeswap-like exchange with pancakeswap ... - The Coin Republic

Unveiling The Crystal Ball: Apecoin And Dogettis Destiny In The … – Tekedia

May 12, 2023 | Author: admin

Can Apecoin dominate the crypto market in the future? Or, will it be replaced by Dogetti?

Do you want to stay informed about the latest developments in the cryptocurrency market? Are you interested in learning about Apecoin (APE) and Dogetti (DETI), and what their future plans are? Then this article is for you! Well delve into the world of crypto and explore the unique qualities of APE and DETI, and what they can offer you.

Dogetti (DETI) is a new cryptocurrency that operates like other cryptocurrencies, using blockchain technology to verify transactions and maintain a decentralized ledger. It offers secure and anonymous transactions that are fast, efficient, and cost-effective. Apecoin (APE), on the other hand, is an NFT (non-fungible token) marketplace built on the APE network. It allows users to buy and sell unique digital assets, such as art, music, and gaming items, using APE.

But what sets Apecoin (APE) and Dogetti (DETI) apart from other cryptocurrencies and NFT marketplaces? For starters, DETI has a unique staking program that rewards users for holding onto their DETI tokens. The longer you hold onto it, the higher your rewards. This incentivizes users to invest in DETI for the long term, rather than just using it for quick transactions.

Apecoin (APE), on the other hand, has a user-friendly interface that makes it easy for anyone to buy and sell NFTs, regardless of their technical knowledge. It also has a built-in escrow system that ensures secure transactions and protects both buyers and sellers from fraud.

These unique qualities make Apecoin (APE) and Dogetti (DETI) appealing to a wide range of people. Investors who want to earn passive income through staking will be drawn to DETI, while creators and collectors who want to monetize their digital assets will appreciate APEs user-friendly platform and secure transactions.

But what are the future plans for Apecoin (APE) and Dogetti (DETI)? The DETI team has a detailed roadmap that outlines their goals for the future. They plan to expand the DETI network to support more use cases, such as decentralized finance (DeFi) and peer-to-peer lending. They also plan to integrate DETI with other blockchain networks, such as Ethereum and Binance Smart Chain, to increase interoperability and expand the user base.

Apecoin (APE), on the other hand, plans to expand its NFT marketplace to support more digital assets, such as virtual real estate and domain names. They also plan to add more features, such as bidding and auctions, to increase the functionality of the platform and provide more opportunities for creators and collectors to monetize their assets.

Both Apecoin (APE) and Dogetti (DETI) have already made significant progress toward their goals. APE launched in February 2021 and has already gained a strong user base. DETI is currently holding a successful presale, due to end on the 20th of June, and plans to launch its platform soon.

In conclusion, Apecoin (APE) and Dogetti (DETI) are two exciting projects in the world of cryptocurrency and NFTs. Their unique qualities, such as DETIs staking program and APEs user-friendly platform, make them appealing to a wide range of people. And with their detailed roadmaps and ambitious goals for the future, they are poised to become even more successful in the coming years.

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

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Polkadot vs RenQ Finance: Will RENQ Overtake DOT? | Mint – Mint

May 12, 2023 | Author: admin

New and old ventures are continuously emerging and disappearing in the crypto industry. Polkadot (DOT) and RenQ Finance (RENQ), two systems seeking interoperability and scalability for the decentralized web, represent some of the most promising cryptocurrencies. But which one will rule the market in 2023, and which has the upper hand over the other? In this article, well compare Polkadot to RenQ Finance and explain why we think RenQ Finance will soon surpass Polkadot.

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Polkadot's main value proposition is its ability to enable cross-chain compatibility and interoperability, which means that different blockchains can work together seamlessly and share information without intermediaries. Polkadot achieves this by using a unique architecture consisting of two chain types: relay chains and parachains.

Relay chains are the core of Polkadot, where consensus and security are maintained. Parachains are independent blockchains that connect to the relay chain and benefit from its security and interoperability. Parachains can have features and functionalities like smart contracts, privacy, or scalability. Parachains can also communicate with each other through cross-chain message passing (XCMP).

Polkadot can process transactions in parallel across multiple parachains, resulting in faster speeds and lower costs than traditional blockchains. Polkadot's relay chain provides shared security for all parachains, ensuring that they are protected from malicious attacks and network failures. Polkadot's parachain model allows for diverse and customized blockchains that can cater to different needs and use cases.

RenQ Finance's main value proposition is its ability to provide cross-chain DeFi solutions, which means users can access liquidity and financial products across different blockchains through a single interface. RenQ Finance achieves this by using a multi-chain architecture that consists of three components: RenQ Bridge, RenQ Hub, and RenQ Chain.

RenQ Bridge is a protocol allowing users to transfer assets between blockchains without intermediaries or custodians. RenQ Bridge supports various blockchains such as Ethereum, Binance Smart Chain, Polkadot, Solana, and Avalanche.

RenQ Hub is a platform that aggregates liquidity from different sources and provides users with access to various DeFi products such as lending, borrowing, staking, yield farming, derivatives, leveraged trading, and more.

RenQ Chain is a blockchain that powers RenQ Hub and provides security and scalability for the platform. RenQ Chain uses a proof-of-stake (PoS) consensus mechanism that rewards RENQ holders for staking their tokens and validating transactions on the network.

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

Polkadot vs RenQ Finance: Will RENQ Overtake DOT? | Mint - Mint

Drop in Binance’s Crypto Dominance Boosts Rival Exchanges Huobi and OKX – Yahoo Finance

May 12, 2023 | Author: admin

(Bloomberg) -- Crypto exchanges Huobi and OKX benefited after rival Binance curbed a zero-fee promotion and shed market share in the spot trading of digital assets, according to data from research company Kaiko.

Bitcoin Liquidity on Binance Has More Than Halved Since February: Kaiko – Decrypt

May 12, 2023 | Author: admin

Binance trading volumes and liquidity have been steadily declining in the first quarter of 2023 amid the spate of U.S. banking failures and after ending its zero-fee promotion.

The result?

Its led to even more chop for the price of Bitcoin, Kaiko analyst Dessislava Aubert told Decrypt.

Aubert said that "Overall, Bitcoin liquidity on Binance has more than halved relative to the start of February from around $45 million to $16 million in early May."

The primary reason for the decline in liquidity was the removal of Binances 10-month zero-fee promotion for 13 different BTC pairs, which also caused market makers to leave the platform.

Specifically, monthly trading volumes for the exchanges most-traded pair, BTC-USDT, volume fell from $16 billion in March to $2 billion in April, said the Kaiko analyst.

Aubert added that the drying liquidity has been more pronounced after the spate of banking failures earlier this year. The collapse of two key on-ramps for the industry in Silvergate and Silicon Valley Bank also hit specific firms, including Ripple, Circle, Yuga Labs, and many others.

Bitcoin market liquidity and trading volume on Binance. Source: Kaiko.

The 1% market depth, a measure of liquidity calculated using the bids and asks within 1% of the mid-price, on Binance declined significantly after the banking failures.

The result of reduced liquidity and volumes on Binance has been increased volatility.

Kaikos intraday volatility metric for the 10-minute interval surged considerably around the time liquidity began dropping on Binance.

Bitcoin intraday volatility at 10-minute intervals. Source: Kaiko.

Low-liquidity conditions mean thin order books on exchanges which provide room for wild price swings from large orders.

We have seen this with BTC's recent sudden price move which did not have a clear catalyst, said Aubert. Volatility is unlikely to go away especially after some larger market makers (Jane Street and Jump Crypto) revealed they were reducing down their crypto exposure.

Notably, Bitcoins price dropped this week despite favorable conditions such as a positive CPI report and market expectations largely inclined toward an interest rate cut in the future by the U.S. Federal Reserve.

A low-interest rate environment enables cheaper debt in the economy which fuels a rise in speculative assets like Bitcoin.

However, the asset failed to stage an uptrend likely due to poor liquidity.

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Bitcoin Liquidity on Binance Has More Than Halved Since February: Kaiko - Decrypt

Binance joins other crypto firms in "proactively withdrawing" from Canada – Yahoo Finance

May 12, 2023 | Author: admin

(Reuters) -Binance said on Friday it was withdrawing from Canada, weeks after the country issued a series of new guidelines for cryptocurrency exchanges including investor limits and mandatory registrations.

Canada has tightened regulations for crypto asset trading platforms in recent months, with the introduction of a pre-registration process. The companies that do not adhere to the rules will face potential enforcement action, according to the website of the Ontario Securities Commission.

"Unfortunately, (the) new guidance related to stablecoins and investor limits provided to crypto exchanges makes the Canada market no longer tenable for Binance at this time," crypto exchange Binance said in a tweet.

Binance said it does not agree with the latest guidance and hopes to engage with the Canadian regulators to create a comprehensive framework for crypto operations in the country.

"We are confident that we will someday return to the market when Canadian users once again have the freedom to access a broader suite of digital assets," said the crypto exchange, founded by Canadian national Changpeng Zhao.

The digital assets industry has been in the crosshairs of regulators around the world, especially since the collapse of Binance-rival FTX in November, which triggered a market rout in the prices of the biggest digital coins.

Following the onset of the crypto winter of 2022, which wiped out more than a trillion dollars from the industry's market value, lawmakers and securities regulators demanded tighter guidelines for disclosures on how the crypto companies operate and hold customer funds.

In March, Binance and its CEO Zhao were sued by the U.S. Commodity Futures Trading Commission for operating what the regulator alleged was an "illegal" exchange and a "sham" compliance program.

(Reporting by Manya Saini in Bengaluru; Editing by Shinjini Ganguli)

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Binance joins other crypto firms in "proactively withdrawing" from Canada - Yahoo Finance

CZ Looking to Offload Some of Majority Stake in Binance US: Report – Decrypt

May 12, 2023 | Author: admin

Binance CEO Changpeng CZ Zhao is looking to let go of some of his majority stake in the U.S. arm of the exchange, according to a report by The Information citing two people familiar with the matter.

One of the publications sources reportedly said that the move was in the works, while the other said that Binance.US executives have discussed how it might make the company more palatable to U.S. regulators, who have recently turned up the heat on Zhaos global Binance enterprise.

Back in March, the leading U.S. derivatives regulator, the Commodity Futures Trading Commission (CFTC), filed a lawsuit with a Chicago federal court accusing Binance of unauthorized derivatives trading by offering futures, swaps, and options on many leading cryptocurrencies.

The suit claims Binance was servicing U.S. clientele despite not having registered with the CFTC.

Binance has taken a calculated, phased approach to increase its United States presence despite publicly stating its purported intent to block or restrict customers located in the United States from accessing its platform, said the CFTC.

The CFTC also accused the exchange of having insufficient anti-money laundering (AML) and know-your-customer (KYC) controls and allegedly evading or helping U.S. clients evade regulators.

Binance called the lawsuit an incomplete recitation of facts and told Decrypt at the time that the complaint filed by the CFTC is unexpected and disappointing as we have been working collaboratively with the CFTC for more than two years. Nevertheless, we intend to continue to collaborate with regulators in the U.S. and around the world.

The CFTC is not the only Washington agency with its sights on Zhao following the dramatic collapse of FTX.

At the end of April, reports emerged that Binance CEO Changpeng Zhao had hired lawyers to defend himself against multiple legal threats filed against Binance recently by the SEC, the CFTC, and the Department of Justice.

Around that time, bankrupt crypto lender Voyager said Binance.US had axed a deal to acquire the companys assets. Voyager was one of the high-profile casualties of Terras collapse last May.

In a statement to Decrypt, Binance cited the hostile and uncertain regulatory climate in the United States as the main reason behind the decision to back out.

CZ Looking to Offload Some of Majority Stake in Binance US: Report - Decrypt

Binance lifts block on bitcoin withdrawals amid heavy volumes – CNBC

May 12, 2023 | Author: admin

Binance CEO Changpeng Zhao speaking at a press conference during Web Summit 2022.

Ben Mcshane | Sportsfile | Getty Images

Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost.

Late on Sunday and again early on Monday the world's biggest crypto exchange shut bitcoin withdrawals saying there was a glut of pending transactions because it hadn't offered so-called miners a high enough reward to log the trades on the blockchain.

The halt pushed bitcoin lower though its losses were marginal, with the cryptocurrency last down about 1% to $28,162, its lowest in nearly a week.

"Our set fees did not anticipate the recent surge in (bitcoin) network gas fees," Binance said in a tweet. "We're replacing the pending bictoin withdrawal transactions with a higher fee so that they get picked up by mining pools."

Gas fees refer to payments made to crypto miners whose computing power processes transactions on the blockchain.

"If the withdrawal amount is large, the gas fee required to process the transaction may also be large, especially during times of high network congestion," Joshua Chu, group chief risk officer at blockchain technology group XBE, Coinllectibles and Marvion.

"We need more information as to what has led to the large withdrawals." After an hour-long stoppage late on Sunday and several hours on Monday, Binance said withdrawals resumed.

"To prevent a similar recurrence ... our fees have been adjusted." In a separate tweet Binance denied there had been large outflows from the platform.

In March, Binance hadsuspendeddeposits and withdrawals citing tech issues. Twenty-four hour trading volume on Binance was $6.9 billion according to analytics site CoinMarketCap, more than eight times the next-largest venue, Coinbase.

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Binance lifts block on bitcoin withdrawals amid heavy volumes - CNBC

Crypto platform Binance quits Canada after provinces join together to tighten rules – Regina Leader Post

May 12, 2023 | Author: admin

Binance, the worlds largest cryptocurrency exchange, said it is pulling out of Canada after the countrys regulators turned up the heat on the crypto sector.