Binance Japan, a subsidiary of the world’s largest crypto exchange, Binance, has announced plans to increase the number of cryptocurrencies listed on its platform to 100. The exchange is also collaborating with local cryptocurrency exchanges to provide better liquidity to its users. Binance Japan previously offered access to 34 tokens for spot trading.The exchange is […]
TOKEN2049, Asia’s premier Web3 and crypto conference, announced an international DJ line-up for AFTER 2049, the official closing event of its upcoming Singapore edition. The event will take place on Friday, 15 September at the 57th floor of Singapore’s iconic Marina Bay Sands. It will be hosted in tandem with the practice rounds of the […]
Edelcoin (EDLC) is a novel stablecoin token backed by a basket of pre-existing precious and base metals. This hybrid token is designed as a Swiss-compliant digital means of payment for goods and services, with its basket structured to be less volatile than single asset-backed tokens. ProBit Global is excited to announce that Edelcoin will be […]
Binance has announced that it will be phasing out support for Binance USD (BUSD) by February 2024. The exchange has advised its users to convert their BUSD holdings to First Digital USD (FDUSD). BUSD will remain backed 1:1 by USD until support is ended.The decision to phase out BUSD is due to regulatory issues surrounding […]
Crypto exchange giant Binance has announced that it will stop supporting BUSD by 2024. The firm has asked users to convert their BUSD to FDUSD, a stablecoin recently listed on the Binance platform. Binance will delist BUSD spot and margin trading pairs, and is offering zero fees for users to trade BUSD assets for FDUSD. […]
Binance, one of the world’s largest cryptocurrency exchanges, is set to expand its services in Japan. The Japanese subsidiary of Binance will reportedly provide trading services with additional digital currencies in the near future. The crypto behemoth re-entered the Land of the Rising Sun earlier this summer after departing in 2018 due to regulatory problems.According […]
SEBA Hongkong is set to become the first licensed company in China to offer cryptocurrency services, providing a platform for regulated activities with digital assets. The global crypto bank provides financial solutions for the digital age in asset management, investment, trading and consulting. The company has announced that its regional subsidiary has received a fundamental […]
In the wake of FTX’s fall, the crypto world is looking for more reliable indicators to assess exchange health. Glassnode has introduced three metrics to gauge risk, one of which has revealed an intriguing trend. While Binance and Coinbase show minor fund movements, Huobi’s data shows an increase in transfers to other exchanges. This could […]
SEBA Bank, a Switzerland-based crypto-focused bank, has secured an in-principal license to offer crypto services in Hong Kong. The license, granted by the Securities and Futures Commission (SFC), allows the bank to offer over-the-counter crypto derivatives and other products, as well as virtual assets investment advice and asset management for selected crypto accounts.SEBA Hong Kong’s […]
The Ad Hoc Group of Genesis Global Capital (GGC) lenders have responded to a public bankruptcy plan update, calling the reached in-principle agreement “wholly insufficient”. The agreement was reached between the Digital Currency Group (DCG) and the unsecured creditors (UCC) and debtors, proposing USD equivalent recoveries of 70%–90%. The Ad Hoc Group argued that the […]
