EP 26
Major Cryptos Decline as Coinbase Ireland Faces Safeguarding Fine
In this episode
Crypto markets pulled back across majors as Bitcoin dropped -3.95% to $81,492.01 and BNB dipped -2.44% to $732.55, while BSC total value locked settled at $5.78B. Binance leadership remained active with Yi He addressing Binance Square KOL feedback and highlighting Binance Wallet's on-chain position tracking, alongside security reminders from CZ. In broader news, Coinbase Ireland faced a $3.6M regulatory fine over safeguarding breaches, while Fireblocks refuted reports of a $2.5B buyout by Visa.
- BNB traded down -2.44% to $732.55 with $77.2M in 24-hour USDT trading volume.
- Bitcoin fell -3.95% to $81,492.01, while Ethereum dropped -4.22% to $2,393.89.
- BSC total value locked stood at $5.78B, slipping -1.03% in 24 hours but maintaining an 8.62% gain over 7 days.
- Binance co-founder Yi He posted a detailed response addressing community feedback on Binance Square KOL selections, copy trading features, and platform guidelines across Binance's 300M+ user base.
- Binance co-founder CZ posted a security reminder stating that no wallet is 100% safe, no software is bug-free, and users must actively manage risk.
- Binance announced the Starter Carnival activity offering up to 60,000 USDT in AAPLB and NVDAB bStocks, alongside an Orochi Network (ON) trading competition with $200K in rewards.
- Central Bank of Ireland fined Coinbase Ireland €3,252,618 ($3.6M) for customer fund safeguarding and oversight failures.
- Fireblocks denied reports alleging it was in $2.5B acquisition talks with Visa.
- Venus Core Pool bucked the BSC DeFi downtrend with a 2.25% 24-hour TVL increase to $1.25B, while PancakeSwap AMM TVL declined -1.96% to $1.54B.