Binance, the world's largest cryptocurrency exchange, halted Bitcoin withdrawals due to heavy volumes and a surge in processing fees. It raised fees to clear the backlog of transactions and denied large outflows from the platform. The incident highlights the volatility and unpredictability of the cryptocurrency market.
Nigeria has recorded the highest rate of electronic payments (e-payments) so far in the country in August 2022. According to the report given by the Nigerian Inter-Bank Settlement Systems (NIBSS) last week, the country's total transactions via e-payments rose to N33.2 trillion in August. This raises the total value of e-payments made through the NIBSS Instant Payment Platform (NIP) in Nigeria within the last eight months to N238.7 trillion marking its highest record so far since the creation of the e-Payment method.
Since October, multichain, compatible DeFi platforms have seen record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees.
Pertama kalinya PayPal membuka peluang kepada pelabur untuk membeli, menyimpan, dan menjual matawang kripto menggunakan perkhidmatan PayPal bermula pada minggu ini.
Investors and users of cryptocurrencies are advised to know about these three types of exchange fees
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