Binance to Delist Four Major Crypto Pairs, HBO Under Fire Over Controversial Satoshi Reveal, Massive 2,924 Bitcoin out of Major US Exchange: Crypto News Digest by U.Today

investing.com 10/10/2024 - 15:38 PM

U.Today – Summary of Top Three News Stories

Binance to Delist Four Major Crypto Pairs: Details

According to a recent announcement by Binance, the exchange will remove four major spot trading pairs: APE/ETH, ATOM/BNB, BAL/BTC, and BNB/DAI. This delisting will be effective on Oct. 11, 2024, at 3:00 a.m. (UTC). Additionally, Binance will cease Spot Trading Bots services for these pairs, urging users to update or terminate their bots to avoid losses. Furthermore, Binance added support for the BNSOL token, with trading for BNSOL/SOL beginning on Oct. 10, at 8:00 a.m. (UTC).

HBO Under Fire Over Controversial Satoshi Reveal

Following the release of an HBO documentary, Peter Todd, a prominent Bitcoin developer, denied claims that he is Satoshi Nakamoto. He criticized HBO and filmmaker Cullen Hoback for jeopardizing his safety. The Bitcoin community largely rejected the film, deeming it to lack substantial evidence for Todd's alleged identity as Bitcoin’s creator. Despite documenting Todd's interactions on the BitcoinTalk forum and communication with Hal Finney, the film misrepresented his role. Additionally, it linked Todd to an enigmatic figure, John Dillon, suggesting he used this identity for a controversial Bitcoin upgrade. Ultimately, viewers found the film lacking in new insights, and the true identity of Satoshi Nakamoto remains unknown.

Massive 2,924 Bitcoin (BTC) Out of Major U.S. Exchange: Bulls Gearing Up?

On Oct. 9, Whale Alert reported that Kraken, a major U.S. exchange, saw a withdrawal of 2,924 BTC, valued at approximately $182.56 million. This occurred in three transactions to an unknown destination. Additionally, $60 million worth of USDT was moved from Kraken to Bitfinex. Despite previous similar token movements, this particular situation's transparency raises concerns, interpreted by many in the crypto community as a bullish signal, likely impacting market sentiment. However, further implications on BTC price movements from these transactions are yet to be clarified.

This article was originally published on U.Today




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