Binance chief Zhao Changpeng has formally denied allegations made by venture capital firm Sequoia Capital. The company claimed that he had violated terms of an exclusivity agreement by holding fundraising talks with other potential investors.
The ambitious project is aiming at conquering the Brazilian crypto market with the help of the lowest rates in the country, up to 90% discounts, referral program and other benefits.
Bithumb, South Korea’s leading cryptocurrency exchange, is planning to issue its own Bithumb Coin. The new tokens will target foreign countries, focusing on large-scale investors.
OKEx, the world’s second-largest cryptocurrency exchange, followed Binance in establishing an office in Malta. The country is actively encouraging crypto firms and takes part in the European Blockchain Partnership.
Having considered several variants for setting up operations, Binance opted for Malta thanks to its pro-blockchain strategy.
As per source familiar to the plans of FSA, Binance received the warning as it was expanding its operations in Japan without taking prior approval from the agency.
Binance Chain will mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow of blockchain assets.
Suspension of trading activities due to an update on Binance sparked confusion of hacking. However, the update is done and trading has resumed to normal again.
The Florida-headquartered blockchain startup Centra Tech has successfully completed its ICO on September 25 to fund the development of its cryptocurrency debit card service and marketplace.
In an interview with Coinspeaker Aeron CEO Artem Orange reveals listing plans and talks flight safety and beyond.