Tag: exchange

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North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’

  North Korea “has hacked USD 1.7 billion worth of crypto from exchanges,” reports have claimed -and experts say that Pyongyang is going long on its haul of tokens, rather than immediately swapping them for cash…. Read More: North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’  Read more »Pay, Trade,…
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Binance gets the green light from Canada and Bahrain

If the Bahrain application is approved, it will be Binance’s first regulatory approval in the Middle East and North Africa region. Binance is celebrating the new year with approvals from two different sides of the world. The crypto exchange has been granted an in-principle license by the Central Bank of Bahrain to operate as a…
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Just 1.3 million Bitcoin left circulating on crypto exchanges

6.3% of total Bitcoin supply is left on exchange wallets, according to a new analysis by Cryptorank. In glad tidings for an orange Christmas, Bitcoin (BTC) supply is drying up to lows not seen for years. In a recent tweet by CryptoRank, just 6.3% of the total Bitcoin supply, or 1.3 million BTC, is held…
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‘Big Four’ S Korean Crypto Exchanges Hired 600+ Employees in 2021 – And They’re Not Done Yet

  South Korea’s biggest crypto exchanges appear to be on an expansion drive – and have hired 620 new staff members this year. Per the media outlet The Fact, the “big four” crypto trading platforms in the nation – Upbit, Bithumb, Korbit and Coinone – have been growing their workforces in 2021. And pay rates…
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2021 Brought 7 Out of 10 Biggest Early Stage VC Investments in Crypto, Blockchain

  With venture capital firms boosting their exposure to crypto this year, seven out of ten all-time biggest cryptocurrency- and blockchain-related early-stage venture capital investments took place in 2021, according to a recent report by financial data and software company PitchBook. The report, which PitchBook provided to Cryptonews.com, values crypto and blockchain-related investments by global…
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SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News

  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: SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Binance introduces BNB Auto-Burn to replace quarterly burn protocol

BNB tokens will now be burned automatically based on a formula that includes blocks generated and BNB’s price. Binance officially announced the implementation of a new Binance Coin (BNB) Auto-Burn protocol to replace its current quarterly burn mechanism.  In response to the requests of the BNB community, Binance changed its quarterly burning protocol for BNB…
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Digital Currency Exchange Kraken Acquires Crypto Staking Firm Staked

The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto industry acquisitions to date.” Kraken Acquires Non-Custodial Staking Firm Staked On December 21, Kraken announced that it…
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Dubai to Create Crypto Zone, Binance Joins Effort

The Dubai World Trade Centre will become a comprehensive ecosystem for cryptocurrencies and providers of related services. The move is part of efforts to support new industries and the emirate intends to source help from crypto companies like Binance. Dubai World Trade Centre to Host and Regulate Crypto Space Authorities in the United Arab Emirates…
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Crypto.com’s Super Bowl, Polygon’s Opera, Prosecutors ‘Clean’ EUR 100M in Crypto + More News

  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: Crypto.com’s Super Bowl, Polygon’s Opera, Prosecutors ‘Clean’ EUR 100M in Crypto + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card