Russian Telecoms Regulator Blocks Access to Binance ...
Russian Telecoms Regulator Blocks Access to Binance ...
Why Do Altcoins Fall When Bitcoin Sets New ... - binance.com
Binance Uganda to Close Operations to ... - The Bitcoin News
Binance Lending Adds Bitcoin Cash to ... - Latest News
Binance Completes Distribution and Will ... - Bitcoin Exchange
Major Cryptocurrencies Are Rallying This Morning As the Jump in Bitcoin’s Price Following the Maintenance Shutdown of BitMEX Sparks Further Concerns About Price Manipulation in Bitcoin Markets
According to cryptocurrency exchange Bitfinex, short orders are nearing all-time highs. At the moment, there are 39,542 short orders outstanding on Bitfinex, the second highest level since April 12, 2018.
Bitcoin jumped 4% overnight after Hong Kong-based cryptocurrency futures exchange BitMEX shut down trading for a few hours for a regular maintenance update. In aggregate, the total market capitalization of call cryptocurrencies jumped USD$12bn in over a hour. Bitcoin commentators attribute the jump in Bitcoin to the fact that BitMEX permits traders to short Bitcoin on margin. Some other Bitcoin observers, like Alex Kruger, believe the price behavior of Bitcoin affirms concerns about price manipulation and should lead the SEC to reject the ProShares Bitcoin ETF proposal this week. Unlike the other Bitcoin ETF proposals, the ProShares Bitcoin ETF propose to own CME and CBOE Bitcoin futures.
Bitmain, the Chinese Bitcoin mining company, announced that it has invested an undisclosed amount in Lambda, a blockchain data storage startup. Bitmain hopes to help Lambda further develop its technology to launch “secure” blockchain-based infrastructure and decentralized applications. The startup, based in Singapore, recently cloised a token private sale round that included investments from FunCity Capital, BlockVC, BlueHill, Zhen Fund, and other well-known institutions.
Coinbase releases 5 core principles to help guide its release of a suite of institutional crypto products: "fair and orderly" markets, enforcing transparent market rules, offering "fair access to all market participants," disclosing listing practices and market rules publicly, and safeguarding clients "with institutional-grade infrastructure and processes."
An analysis by Cointelegraph and Chinese law firm L&Y Law Office finds irregularities in the Bitmain pre-IPO investor deck. Specifically, the wording of the document suggests DST Global has already invested in the Bitocin mining equipment company though no investment has been confirmed.
Diar Ltd, a research firm using data from CoinAPI, finds that cyrptocurrency trading volumes are shifting away from US exchanges to foreign exchanges (primarily Asian). According Diar’s analysis, Coinbase and Bitstamp have seen their total volumes drop 83% and 73% YTD.
A research firm from Slovakia has reported another scam application on the Ethereum network. Next Web reports that Lukas Stefanko, a malware researcher, found a fraudulent Ethereum app in the Androd Google Play Stores that had an offer price of USD$388.
Hyper Deflationary Monetary System (HDMS) cryptocurrencies are a new class digital money that is meant to provide mechanisms to support the increase in real buying power. In comparison to other cryptocurrencies, HDMSs have an objective to create upward price pressure on their valuations in comparison to other digital currencies. Some examples include BNB, OPTI, and BAY.
The South China Morning reports that Kripto University Center has opened the largest cryptocurrency mining site in Russia in a former Soviet fertilizer-producing lab.
The National Research Council of Canada (NRC) announced the release of a blockchain explorer on the Ethereum network. The Industrial Research Assistance Program (IRAP) is now hosting the explorer on the InterPlanetary File System (IPFS) with help from Bitaccess, a blockchain startup.
The Central Bank of Thailand is exploring the possibility of launching its own digital currency and expects to release phase 1 of the proof of concept by March 2019. The Central Bank-backed digital currency will be on distributed ledger technology developed by R3. In addition to R3 as a technology partner, the Thai Central Bank is also partnering with Bangkok Bank Public, Krung Thai, Siam Commercial Bank, Standard Chartered Bank (Thailand) and HSBC to bring the digital monetary currency to market.
Ripple Labs is rumored to be thinking of combining xVia, xCurrent and xRapid Solutions to solidify its market-leading positions in cross-border FX transactions. The solution will be called Convergence and will offer the benefits of speed and security while also keeping fees low.
The United Arab Emirates is preparing to launch the first Shariah-compliant cryptocurrency exchange. The crypto trading platform, First Islamic Crypto Exchange, will operate globally with the hopes of increasing the involvement of Muslims in the global cryptocurrency market.
The Union of European Football Associations (UEFA) announced it successfully used a blockchain-powered Android App to successfully trial a blockchain ticketing system for last week’s Super Cup match between Real Madrid and Atlético Madrid.
Several blockchain-powered news apps have been suspended by WeChat according Lanjinger, a local financial news outlet. The accounts were purportedly suspended after being suspected of pushing ICO and cryptocurrency “hype” which is in conflict with WeChat’s terms of services. Deepchain, Huobi News, Node Capital-backed Jinse, and CoinDaily are some of the news apps impacted by WeChat’s decisions.
Binance Uganda was the first fiat-to-crypto platform launched by Binance in June 2018 to allow users in Uganda to access cryptocurrencies with UGX and spearhead greater services throughout Africa. With Binance.com offering a greater number of services with UGX, Binance Uganda will close its operations on November 28, 2020 to centralize its services for Ugandans users on one platform. Bitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible deposits on its lending platform, alongside ETH and EOS.This ... Speaking to the news source, the executive explained that the launch was in line with Binance’s mission to provide a seamless user experience across all countries, as long as they are accessible. The bitcoin ATM industry has reached a milestone as the number of machines installed worldwide has surpassed 10,000 after seven years since the first machine was installed. There are now 10,162 ... Dieser Einbruch im Krypto-Markt ist gesund, da ein wenig Vernunft auf den Markt zurückgekehrt ist und hoffentlich jetzt kühlere Köpfe investieren, sagte Moe Adham, Mitbegründer von Bitaccess, einer kanadischen Blockchain-Firma, zu Cryptonews.com. "Wir haben viele Einbrüche erlebt und das ist nichts Neues für uns. Dieser Einbruch ist nicht so schlimm, wie ich erwartet hatte. Backed by industry leaders including Binance and Paxos, the introduction of BUSD onto Flow will unlock secure and consumer-friendly DeFi primitives covering derivatives, collateralized loans, P2P ... Binance has completed the distribution of New BitShares (NBS) to BTS holders on Binance at a ratio of 1 BTS = 1 NBS, as per the NBS team’s previous announcement. Binance will also list NBS and opening trading for NBS/BTC and NBS/USDT trading pairs at 2020/09/21 10:00 AM (UTC). Please note: NBS deposits will open at a later time, but prior to trading. NBS withdrawals will open after trading ... Bitcoin has been on a parabolic run in the last few days as prices crossed above $13,000 for the first time since June 2019. At the time of writing, the bellwether cryptocurrency has just retreated back to $13,200 after marking a new one-year high of $13,850. Speaking to the news source, the executive explained that the launch was in line with Binance’s mission to provide a seamless user experience across all countries, as long as they are accessible. He added that Russia is a critical market for the company, and that they will work with regulators to ensure that the Binance Card is launched seamlessly.
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