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Thursday, February 29, 2024
More
    bitcoin
    Bitcoin (BTC) $ 62,805.83
    ethereum
    Ethereum (ETH) $ 3,474.77
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 415.87
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.594212
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.128547
    cardano
    Cardano (ADA) $ 0.684428
    solana
    Solana (SOL) $ 125.70
    matic-network
    Polygon (MATIC) $ 1.04
    polkadot
    Polkadot (DOT) $ 8.63
    tron
    TRON (TRX) $ 0.143694

    Binance will delist Monero; XMR worth plummets

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    Key details:
    • XMR worth fell 16% within the final 24 hours.

    • Different cash that can be faraway from Binance are Aragon (ANT), Multichain (MULTI) and Vai (VAI).

    Binance, the bitcoin (BTC) and cryptocurrency alternate with the very best buying and selling quantity, introduced that it’ll take away monero (XMR) from its platform beginning subsequent February 20.

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    This choice by Binance was introduced in the present day, February 6, in a press release. There he explains that when a cryptocurrency or token now not complies with β€œthe excessive stage of ordinary” you count on or the trade adjustments, they conduct a β€œdeeper” evaluate. He provides the assertion: β€œwe probably take away it from the record. β€œWe imagine this higher protects all of our customers.”

    The alternate’s motion has prompted a pointy drop within the worth of monero, which till now’s 16%as mirrored within the following TradingView chart.

    The quote of XMR went from 165 to 140 {dollars} within the final 24 hours, since Binance’s announcement.

    Transactions in Monero, as defined within the cryptopedia (schooling part of CriptoNoticias) are nameless and can’t be traced, making it a horny choice for customers searching for to take care of their monetary privateness. Nonetheless, this characteristic has additionally made Monero a goal for regulatorswho take into account it a possible device for cash laundering and different illicit actions.

    Along with Monero, the next cryptocurrencies have been additionally excluded from Binance: AragΓ³n (ANT), Multicadena (MULTI) and Vai (VAI).

    See also  FLOKI launches real-world asset tokenization platform TokenFi, token surges 29.01%
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