Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country. Major cryptocurrency exchange Binance has partnered with MDI Ventures, PT Telkom Indonesia’s venture capital arm, to establish a crypto exchange platform. According to a joint announcement on Wednesday, the agreement will also seek to broaden blockchain adoption throughout…
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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.…
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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. Crypto exchange Binance has withdrawn its application with the Monetary Authority of Singapore (MAS) for a digital payment token services license. On Monday, Binance.sg stopped onboarding new users…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Banking Behemoth’s Crypto Wallet, Ethereum Outflows, Bitcoin’s Milestone, Cheap NFT Ape + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
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…
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Crypto trading platform AscendEX, formerly known as BitMax, which was hacked for an estimated USD 78m worth of digital assets on Saturday, intends to “100%” reimburse all the affected users. Updating users on the incident, the AscendEX team said that hackers compromised one of the exchange’s hot wallets, which allowed them to access and…
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The crypto exchange giant Binance says that it will shut its Singapore exchange and “refocus” its Singapore-based Binance Asia Services operations into what it calls a “blockchain innovation hub.” The move comes just days after the Singaporean subsidiary announced an investment in the Singapore-based Hg Exchange trading platform…. Read More: Binance Repositions In Singapore,…
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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…
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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. Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers to access and transfer tokens hosted…
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Binance is reportedly in talks with the richest family in Indonesia regarding a new crypto venture. Binance, the world’s largest crypto exchange by trading volume, is reportedly in talks with Indonesia’s richest family, the Hartonos, to open a crypto exchange. As per a report published in Bloomberg, Binance Holdings Ltd. is looking to finalize a…
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