Crypto News

Binance Futures to Launch G and RARE Perpetual Contracts with Up to 50x Leverage

Binance Futures will introduce GUSDT and RAREUSDT perpetual contracts on August 15, 2024, offering up to 50x leverage, enhancing trading options. (Read More)Source link

Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base

Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated L2, declared that they were “going to build a massiveSource link

Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says

August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said.Source link

Binance Completes Registration With India’s Financial Intelligence Unit Months After Being Fined

The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million.Source link