Binance Delists Four Major Crypto Pairs, HBO Under Fire Over Controversial Satoshi Reveal, Massive 2,924 Bitcoins From Major US Exchange: Crypto News Digest by U.Today

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U.Today – U.Today has prepared a summary of the three most critical news from the last day.

Binance will remove four major cryptocurrency pairs: Details

According to a recent announcement by Binance, following periodic reviews of all listed exchange pairs aimed at maintaining high market quality, it has decided to remove and cease trading the four main spot trading pairs, , , BAL/BTC and BNB/DAI. The deletion will take effect on October 11, 2024 at 3:00 a.m. (UTC). Additionally, Binance will terminate Spot Trading Bots services for these trading pairs on this date, urging users to update or terminate the bots to prevent losses. In another announcement, Binance stated that it has added support for the BNSOL token; Open trading for BNSOL/SOL began today, October 10, at 8:00 AM (UTC).

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HBO under fire over controversial Satoshi reveal

Following the premiere of a widely commented HBO documentary, Peter Todd, a prominent developer, denied the allegations in the film that he was Satoshi Nakamoto. Todd also criticized HBO and director Cullen Hoback for risking his life with the documentary. The Bitcoin community also did not warmly welcome the video because they felt it did not provide convincing evidence to support Todd’s alleged identity as the creator of Bitcoin. The document mentions Todd’s interaction on the BitcoinTalk forum with Satoshi and email discussions with Hal Finney, but Todd’s role in these exchanges was misrepresented. Additionally, the document linked Todd to a mysterious figure, John Dillon, suggesting that he used this person to implement the controversial Bitcoin update. Nowadays, it seems that most people agree that the film doesn’t really add any modern insights and that Satoshi Nakamoto’s true identity remains a mystery.

Massive 2,924 Bitcoins (BTC) from Major US Exchange: Bulls Getting Ready?

Yesterday, October 9, according to a Whale Alert report on the X platform, the main American exchange Kraken recorded a withdrawal of 2,924 BTC worth approximately $182.56 million. The withdrawal occurred in three transactions and the tokens were sent to an unknown address. Subsequently, the $60 million USDT stablecoin was transferred from Kraken to Bitfinex, another major cryptocurrency exchange. This type of token flow between exchanges has happened before, but this time the purpose of the withdrawn Bitcoin remains unclear, and one transfer may be an internal Kraken move. This lack of transparency has led many in the crypto community to interpret the pullbacks as a bullish signal, positively impacting market sentiment. Despite the apparent upward trend, these transactions may have deeper consequences that could impact BTC price movements in the near future.

This article was originally published on U.Today

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