Binance plans to delist four major crypto pairs, sparking market reactions. HBO faces backlash over a controversial Satoshi Nakamoto reveal, while 2,924 Bitcoin makes a notable exit from a major US exchange. Stay updated on these crucial developments in the ever-evolving crypto landscape with U.Today's Crypto News Digest.
Binance announced the delisting of four major spot trading pairs: APE/ETH, ATOM/BNB, BAL/BTC, and BNB/DAI. This decision, following a routine review of listed pairs, will take effect October 11, 2024, at 3:00 AM UTC. Binance will also terminate Spot Trading Bot services for these pairs on the same date, advising users to update or close their bots to avoid potential losses. Conversely, Binance added support for the BNSOL token, with BNSOL/SOL trading commencing October 10, 2024, at 8:00 AM UTC.
HBO Under Fire Over Controversial Satoshi Reveal
Following the release of an HBO documentary attempting to identify Satoshi Nakamoto, prominent Bitcoin developer Peter Todd publicly denied the film's allegations that he is the creator of Bitcoin. Todd criticized HBO and filmmaker Cullen Hoback for potentially endangering his life. The Bitcoin community largely dismissed the documentary, citing a lack of compelling evidence. While the film highlighted Todd's interactions on BitcoinTalk and email exchanges with Hal Finney, it's argued that these interactions were misrepresented. The documentary also linked Todd to a mysterious figure, John Dillon, suggesting involvement in a controversial Bitcoin upgrade. The overall consensus is that the documentary failed to offer significant new insights into Satoshi Nakamoto's true identity.
Massive 2,924 Bitcoin (BTC) Outflow From Major U.S. Exchange: Bullish Signal?
On October 9, 2024, Kraken, a major U.S.-based exchange, witnessed the withdrawal of 2,924 BTC (approximately $182.56 million) in three separate transactions, according to Whale Alert. The destination of these funds remains unclear, with one transfer potentially representing an internal Kraken movement. Following this, a $60 million USDT transfer occurred between Kraken and Bitfinex. While such inter-exchange transfers are not unusual, the lack of transparency surrounding the Bitcoin withdrawals has fueled bullish speculation within the crypto community, positively impacting market sentiment. However, the long-term implications of these transactions on BTC price movements remain uncertain.
