Meet Valeria Blokhina, the community manager at U.Today and a crypto enthusiast who believes in the future of finance through cryptocurrency. Valeria covers the latest news in the world of crypto and blockchain. Don’t miss out on the most important news from the past weekend with U.Today’s news digest.
Stay updated with U.TODAY on Google News, as we bring you a summary of the top three news stories from the past weekend.
Investors are speculating on the reason behind Bitcoin’s recent crash, with renowned investor Fred Krueger offering his theory in a recent X post. According to Krueger, a large fund shorted MicroStrategy stock and purchased Bitcoin at the same time, causing a forced stop out on Friday, March 15. This triggered the sale of $1 billion worth of Bitcoin, leading to further market liquidations.
In an effort to improve investor protection, Binance has tightened its token listing requirements. This decision follows the platform’s money-laundering violations last year and includes a prolonged “cliff period” for token sales, increased allocation for market makers, and a security deposit. These measures have been communicated verbally to stakeholders involved in token listings.
Shibarium, the layer-2 solution for Shiba Inu, has reached a major milestone by surpassing 411 million transactions. This comes despite a decrease in daily transaction throughput since February. Shibarium has also announced a strategic partnership with K9 Finance and the appointment of Shiba Inu lead Shytoshi Kusama and SHIB lead developer Kaal Dhairya as official advisors.
Get the latest news in the world of crypto and blockchain from Valeria Blokhina at U.Today.
