Close Menu
    Cryptocurrency

    Solana Under Attack? | Major Exchanges Halt USDC + USDT Deposits



    Binance has temporarily suspended tether (USDT) and USDC deposits on the Solana blockchain. Rival OKX delisted the stablecoins on Solana and also halted both deposits and withdrawals. The SOL cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits of Solana-based stablecoins. Circle Jeremy Allaire took to twitter to announce his confusing on why this may be happening.

    ~This episode is sponsored by Trezor~
    Trezor website ➜ https://trezor.io/

    #solana #Crypto #binance
    ~Solana Under Attack? | Major Exchanges Halt USDC + USDT Deposits~
    ⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
    Become a Diamond Circle Member FREE! ➜ https://bit.ly/PBDiamondCircle
    Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
    Facebook 📱 https://bit.ly/PBNfacebook
    Twitter 📱 http://bit.ly/PBNtwitter

    Crypto Power Index Beta Access ➜ https://bit.ly/CryptoPowerIndex

    Looking for the best tax havens for Crypto? Free Month with iTrust Capital – Use PROMO CODE – PAUL BARRON https://rebrand.ly/PAULBARRON

    ───────────────────────────

    View 22 Comments

    22 Comments

    2. R9red9 on

      Solana is a good project think it will survive like the innovation. Need to see the end of bad actors that ruin it for all the good projects

    6. Tru Tūb on

      ColdFusion has a very insightful mini doc on SBF/FTX (The FTX Disaster is Deeper Than you Think), there's also a great shorter expose (What the Media Won't Tell You About Sam Bankman-Fried/FTX) from reallygraceful

    7. NappyWayz on

      10:02 The main thing you cannot do in the traditional market compared to crypto is anyone can check the books. People are able to follow coins and tokens throughout the blockchain and verify people really have the funds. This is impossible in our current system. Companies report quarterly but the books are cooked, and they're able to use massive loopholes. However, everyday people can watch how a token moves and easily verify a company's balance on chain. The only thing we need to change is getting away from the traditional market's mindset. FTX was able to use fractional reserve lending and derivatives, this is the traditional markets tools and techniques. We can almost be assured that in 10 years when we're looking back on this, we're going to be laughing at ourselves for falling for scams and not trusting the Bitcoin ethos.

    8. Christian Bernier on

      I use Loopring wallet. It uses guardians instead of seed phrase. Gives access to DEX trading. Also Loopring is partners with Gamestop for their NFT marketplace, so I believe Loopring will be a huge winner.

    9. Nguyen Quang Giap on

      Slow and Steady win the race. Welcome to Cardano – the most robust Proof of Stake with 163 papers peer-reviewed. Backed by research and science, not marketing. Running 100% online, Liquid staking, 1000 dApp soon, 3000 pools (most decentralized blockchain with 74% staking), and 1.2 million delegators.

    10. Bam4891 on

      This will only make Solana stronger in the long run. I believe Solana is the future and their best days are still ahead.

      Remember – when people are fearful, it’s time to be greedy.

    12. Arash Salem on

      Paul, you are great in what you are doing. A calm guy that explains the latest crypto changes. Your narrative telling is like music. I like your videos. Keep up the great work.

    15. Dinis Criptowl 🦉 on

      SOL will fall 98% from its ATH. A dollar SOL would be your best entry price. A blockchain controled by a corrupted entity will lead to all big whales selling. You don't hold what crashes.

    17. Kid 666 on

      The Phantom wallet on Solana is by far easier to on-board new users than Meta-Mask. Solana is easier than Polygon, especially for NFTs. There is no wallet on Polygon that will even show you an NFT yet.

    21. Southprong59 on

      Paul, thanks for your very informative videos. I hold small positions of bitcoin and eth in WeBull and PayPal. Do you feel these are fairly safe bitcoin and crypto exchanges?

    Leave A Reply
    Share via