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Last update: February 6, 2024 06:39 EST | 1 minute read Monero’s price fell by as much as 17% on Tuesday after Binance announced it would delist the privacy token from its platform.Binance has delisted four tokens, including Aragon (ANT), Multichain (MULTI), Via (VAI), and Monero (XMR). The exchange said the decision was the result of its regular evaluation of standards and industry changes. #Binance will delist the following tokens on February 20, 2024. 🔸 $ANT🔸 $MULTI🔸 $VAI🔸 $XMR Click here for details ⬇️ https://t.co/3YRKqYrb7T — Binance (@binance) February 6, 2024Monero ranks 36th among cryptocurrencies with a market capitalization of…
Monero (XMR), a leading privacy-focused cryptocurrency, has just announced its commitment to protecting privacy and confidentiality. The network's recent vow comes after Binance announced that it would be delisted from the platform going forward. Launched in April 2014, Monero is an open-source, privacy-oriented cryptocurrency. It is known for its user anonymity through privacy-enhancing technologies such as Ring Signatures, Stealth Addresses, and Ring Confidential Transactions (RingCT). Monero's blockchain is intentionally constructed to be opaque, and by disguising the addresses used by participants, transaction details such as the identities of senders and recipients and the amounts of all transactions are anonymous. It…
Analysts predict Rafflecoin’s potential to become a “blue-chip” cryptocurrency, offering transparent governance and promising 100x return opportunities.This time, we spotlight the dynamic cryptocurrency market Raffle Coin (RAFF) as an upcoming decentralized raffle platform that appears to be experiencing exponential growth. Raffle Coin (RAFF) is one of the projects whose pre-sale is attracting attention not only from individual investors but also from established projects such as OKB (OKB) and Cronos (CRO), amid whispers of a 100x chance. .Let’s further understand why Raffle Coin (RAFF) is an interesting candidate in decentralized finance (DeFi).OKB (OKB): Overcoming low volatility in the crypto marketOKB (OKB)…
Monero The digital currency known for its privacy features (CRYPTO: XMR) fell 37% in a day after Binance announced it would soon delist the cryptocurrency from its trading platform.what happened: According to a statement from Binance on February 6th, Monero is aragon (cipher: ant), multi chain (Crypto: Multi), and Vai (CRYPTO: VAI) will be delisted from exchanges on February 20, 2024.Enter to win $500 in stocks or cryptoEnter your email address to get Benzinga's Ultimate Morning Update, a free $30 gift card, and more.As a result, Binance will suspend all trading pairs related to Monero. This includes pairing it with…
Binance delisted Monero (XMR) along with other assets, causing its price to drop by 19%. Monero’s delisting reflects regulatory pressure on privacy coins in the crypto market. Monero withdrawals from Binance are supported until May 20th. Monero (XMR), one of the leading privacy-focused cryptocurrencies, has seen its price drop significantly following an announcement by Binance, the world's largest cryptocurrency exchange, that it will be delisted. Binance revealed its decision to delist Monero, effective February 20, along with several other assets including Aragon (ANT), Multichain (MULTI), and VAI (VAI). Monero price after Binance delisting Binance's decision to delist Monero (XMR) was…
Monero (XMR) has experienced intense volatility, losing 34% of its value as a major exchange Binance announced its decision to suspend all XMR trading pairs. exchange was told They revealed this move in a recent statement on their official blog. According to the notice, Binance will delist XMR, a privacy-based token valued at $2.3 billion, along with three other notable tokens. The other three tokens include Multichain (MULTI), Aragon (ANT), and Vai (VAI). After February 20th, these four will no longer be tradable on Binance's Spot platform. Reasons behind Monero delisting by Binance In particular, Binance's notice emphasized that a…
Monero (XMR), a leading privacy-focused cryptocurrency, has just announced its commitment to protecting privacy and confidentiality. The network's recent vow comes after Binance announced that it would be delisted from the platform going forward.Launched in April 2014, Monero is an open-source, privacy-oriented cryptocurrency. It is known for its user anonymity through privacy-enhancing technologies such as Ring Signatures, Stealth Addresses, and Ring Confidential Transactions (RingCT).Monero's blockchain is intentionally constructed to be opaque, and by disguising the addresses used by participants, transaction details such as the identities of senders and recipients and the amounts of all transactions are anonymous. It will be.As…
issued 1 minute ago upon Updated: February 6, 2024, 6:02 a.m. ET Binance will delist Monero, a popular privacy coin, on February 20th, along with Aragon, Multichain, and Vi.“At Binance, we regularly review each digital asset we list to ensure that they continue to meet the high standards we expect,” the cryptocurrency exchange said in an official announcement. . “If a coin or token no longer meets this standard, or if the industry changes, we will conduct a more thorough review and possibly delist it. This is the best way to protect all users. We believe this is the way…
Treasury Secretary Janet Yellen appeared on Capitol Hill on Tuesday to advocate for lawmakers to act immediately to create federal regulatory standards for the cryptocurrency industry. “While there are many areas where we have clear regulatory authority when it comes to digital assets, there are also some gaps,” Yellen, who also chairs the Financial Stability Oversight Council (FSOC), told the House Financial Services Committee. We are confirming it.” “Bridging those gaps would be very helpful to Congress,” Yellen added. read more: Washington should not succumb to crypto panic Yellen told lawmakers that crypto assets carry risks, pointing to the potential…
Two digital assets, Monero’s XMR and Multichain’s MULTI, plummeted in value after Binance, the largest cryptocurrency exchange by volume, revealed that they would be delisted by February 20th.Early today, February 6th, Binance announced that XMR and MULTI will be delisted along with other digital assets such as Aragon (ANT) and VAI (VAI) as they no longer meet the listing criteria, and will be delisted from several products on the platform. It was announced that it would be removed.”[The] dListed tokens may then be converted into stablecoins on behalf of users. 2024-05-21 03:00 (Coordinated Universal Time). The conversion of delisted tokens…