Binance VC arm leads $60M round in cross-chain protocol Multichain
Shortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs. Go to Source Powered by WPeMatico
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Dubai World Trade Centre to create new crypto hub and become regulator
Another government-backed project in Dubai aims to set up an attractive environment for the crypto industry. Go to Source Powered by WPeMatico
Binance partners with Indonesian telco to develop new crypto exchange
Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country. Go to Source Powered by WPeMatico
Binance Shutting Down Crypto Exchange Services in Singapore
Crypto exchange Binance is winding down its exchange operation in Singapore after the company decided to withdraw its application with the Monetary Authority of Singapore (MAS) to operate a digital asset exchange in the country. “Buying and selling of crypto from existing assets of users will be discontinued from 13 January 2022,” said Binance Singapore. … Read more
5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply
As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held by Coinbase is a whopping … Read more
Binance Singapore withdraws crypto license application
Binance plans to “wind down” all services in Singapore by Feb. 13, 2022. Users are no longer allowed to deposit cryptocurrencies or fiat on the Binance.sg platform. Go to Source Powered by WPeMatico
Threat of Nested Exchanges and What Binance Is Doing to Combat Them
Nested exchanges are becoming a popular tool for money launderers. Learn all about nested exchanges/services and what we’re doing to combat them as well as how to avoid them and why accounts get blocked or frozen because of them. Main Takeaways: A nested exchange provides crypto trading services through an account or wallet on an … Read more
AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
Out of the lot, around $60 million worth of tokens were transferred over the Ethereum blockchain alone. Tokens stolen from BSC and Polygon are worth $9.2 million and $8.5 million respectively. Go to Source Powered by WPeMatico
Binance reportedly in talks to launch crypto exchange in Indonesia
Binance is reportedly in talks with the richest family in Indonesia regarding a new crypto venture. Go to Source Powered by WPeMatico
Binance Investment Director Ken Li Talks About Investing in Web3, Gaming and More Exciting Trends
Binance Labs is a chain-agnostic investor and incubator focused on supporting the global blockchain ecosystem and decentralized web. Their portfolio includes 1inch, Audius, Axie Infinity, Chiliz, Elrond, Injective, Matic / Polygon, Sandbox and Terra. Ken Li is an Investment Director at Binance Labs, with a focus on equity & token investments in Web3 social, gaming … Read more
