Binance Reintroduces USDC Trading Pairs After One-Year Break
Just one year after eliminating USDC in order to focus on stablecoin liquidity, cryptocurrency platform Binance is bringing trading pairs back with the currency. In a press statement on December 27, cryptocurrency exchange Binance said it is bringing back a select trade pairings using Circle’s USDC stablecoin. The release states that on December 28 at […]
Binance Quickens Delistings as Regulatory Pressure Intensifies
According to Kaiko, cryptocurrency exchange Binance increased its listing requirements after a 21% drop in the number of listed trade instruments in 2023. A recent report by Diving Into DEXs claims that Binance is now delisting companies more quickly after Changpeng Zhao, the company’s founder and former CEO, settled a $4.3 billion lawsuit with US […]
Coinbase Cuts Crypto Investment Amid Wider VC Pullback
Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. According to Bloomberg, Coinbase is the most recent firm to stop funding cryptocurrency-related companies as investor opinion has shifted toward caution. Coinbase Ventures, the U.S.-based cryptocurrency exchange’s investment arm, completed just 11 fundraising agreements in Q32023, down 64.5% from the […]
Binance Launches New Batch of Dual Investment Products
Binance shares the news of Dual Investment products with revised target pricing and settlement dates in an announcement published on X on November 14. According to the website, Dual Investment will enable anyone to buy or sell cryptocurrencies at a future date and predetermined price. The Dual Investment product will have revised target prices and […]
BGX Invests $90 Mln For Digital Asset Innovation
BGX, a fully regulated crypto exchange, recently made a strategic investment in BC Technology Group, the parent company of OSL. BGX, a prominent provider of fully regulated cryptocurrency services in Hong Kong, recently disclosed its intention to invest in BC Technology Group , the sole publicly traded entity in Hong Kong that deals in digital assets. […]