HKX joins list of crypto exchanges to quit Hong Kong market
HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues.
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Binance Pay partnership allows UAE entrepreneurs to repay loans using crypto
Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies following the integration of Binance Pay. 440 Total views 7 Total shares Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other…

Huobi net outflows crossed over 60M within the past 24 hours: Report
According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week. 254 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCryptocurrency Exchange Huobi has seen over $94.2 million dollars in net outflows within the past week. Within the past 24 hours…

Bitcoin dumps on news of successful COVID-19 vaccine trials
Bitcoin apparently did not like all the fanfare over good results in a COVID-19 vaccine trial. 2592 Total views 35 Total shares Bitcoin (BTC) fell sharply in price this morning as pharmaceutical company Pfizer, in collaboration with biotech company BioNTech, announced a breakthrough in its COVID-19 vaccine.Bitcoin fell approximately $1,000, over 6%, between 12:00 pm…

Hedge or cyclical? Eternal debate on Bitcoin’s status sees a new twist
One of the most enduring cryptocurrency-related narratives revolves around the search of crypto’s definition as an asset class. Is Bitcoin (BTC) more of a digital currency or digital gold? Do its unique properties warrant viewing it as something completely distinct from the established categories of financial instruments? A recently published report by JPMorgan Chase’s strategists…

Binance resumes fiat withdrawals via Faster Payments in UK
Binance has uploaded a notice to its U.K. website stating that Binance Markets Limited is not licensed to undertake regulated activities in the United Kingdom. 154 Total views 2 Total shares Leading decentralized crypto exchange by trade volume Binance has restored British pound withdrawals using the Faster Payments network.On June 28, Binance uploaded a notice…

OKCoin Launches Support for Singapore Dollar and Opens Local Office
OKCoin, one of the world’s oldest cryptocurrency exchanges, is continuing to expand its fiat-to-crypto onramps by adding support of the Singapore dollar (SGD).Starting March 12, OKCoin users can deposit and withdraw Singapore’s official fiat currency — the Singapore dollar — for major cryptocurrencies like Bitcoin (BTC) and Ether (ETH).As the Singapore dollar is also officially…

FTX wallet adds support for BUSD and BNB tokens on the Binance Smart Chain
FTX wallets now actively support withdrawals for Binance USD (BUSD) and BNB, both native to the Binance Chain and will soon enable users to make deposits via BSC BEP20 tokens. 520 Total views 80 Total shares In what seems like an ongoing streak towards market penetration, prominent crypto exchange FTX has launched support for BSC…

Finance Redefined: Near’s $800M fund, Miami embraces crypto, Oct. 22–29
Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter.The DeFi space was full of fundraising this week. Read on to discover where the venture capital firm led by Reddit’s co-founder is making notable investments.What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s developments over…