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“# Coinbase users launch online refund campaign following GYEN troubles ” Coinbase has come under fire recently following a technology snafu that reportedly resulted in the company closing many of its customer’s accounts. When users attempted to purchase Japanese stablecoin GYEN and Powerledger (POWR), they suffered from technical difficulties. This was then followed by an…
“# Binance Singapore arm acquires 18% stake in private stock exchange ” Binance Asia Services, the Singapore arm of major cryptocurrency exchange Binance, has acquired a stake in a local private securities exchange, Hg Exchange (HGX). On Dec. 7, the company officially announced an acquisition of a post-money 18% stake in HGX, a stock exchange licensed and…
“# Binance Smart Chain and Animoca Brands form $200M fund for GameFi projects ” Binance Smart Chain (BSC) and Animoca Brands are launching a $200 million investment program to incubate early cryptocurrency-focused gaming projects building on BSC. BSC and Animonica announced Dec. 6 that they are co-investing up to $100 million each to support game…
“# Binance plans to become registered UK firm despite regulatory setbacks ” Binance CEO Changpeng Zhao said the exchange is planning to expand to the U.K. in the next six to 18 months, despite being instructed by the country’s regulator to cease trading earlier this year. The U.K.’s Financial Conduct Authority (FCA) revoked Binance’s ability…
“# Binance CEO reveals one key factor for token listings ” The CEO of Binance, the world’s largest cryptocurrency exchange by volume, has disclosed some information on how to get listed on the trading platform. The most important criteria for listing a cryptocurrency on Binance is the number of users, CEO Changpeng Zhao said in…
“# Binance resumes DOGE withdrawals days after Elon Musk’s comments ” Binance, one of the world’s largest cryptocurrency exchanges by daily trading volumes, has resumed Dogecoin (DOGE) withdrawals following a system glitch caused by the DOGE wallet upgrade. The exchange officially announced on Nov. 29 that it restarted DOGE withdrawals after experiencing a major issue…
“# Russians transact $5B in crypto each year, Bank of Russia says ” Russian people are among the world’s most active participants of the cryptocurrency market, according to the country’s central bank. The Bank of Russia published a fresh review on financial stability on Thursday, pointing out the country’s growing role in the $2.8 trillion…
“# Binance CEO counters Elon Musk for bringing up Dogecoin issues ” Twitter has become an arena for another cryptocurrency-related battle due to Binance experiencing ongoing issues with Dogecoin (DOGE) withdrawals. Tesla CEO Elon Musk, one of the world’s biggest Dogecoin fans, took to Twitter on Tuesday to bring up issues related to DOGE withdrawals…
“# Binance reportedly wants global wealth funds to get a stake in exchange ” Binance, the world’s largest cryptocurrency exchange, is reportedly in talks with sovereign global wealth funds to sell them a stake in the company. In addition to planned “mega funding” for its United States-based business Binance.US, Binance is now also seeking global…
“# 3 reasons why Keep3rV1 (KP3R) price hit a new all-time high this month ” Keep3rV1 (KP3R) was one of the few altcoins that emerged unscathed from this week’s bearish turn in the crypto market. While many digital assets plunged into the red following the lead of Bitcoin (BTC), which recoiled after recording a new…