Cointelegraph By Zhiyuan Sun
Crypto exchange Binance is reimbursing users and delisting the Anchored Coins Euro stablecoin (AEUR) after the token surged more than 200% in value after listing.According to the Dec. 6 announcement, Binance will compensate users who purchased AEUR at an inflated valuation and failed to sell it after trading was...
HashKey, one of the first crypto exchanges to be licensed in Hong Kong, will soon allow individual and enterprise market makers to provide liquidity on the exchange.According to the Dec. 5 announcement, individuals and entities can apply to be market makers on HashKey, provided that they trade at least...
Bitcoin infrastructure developer Nostr Assets has paused deposits following record-high user activity.According to a Dec. 5 announcement posted on Telegram, Nostr Assets developers warned, "Please await further announcements and do not attempt to deposit into NostrAssets for the time being." The service, which allows users to transact Satoshis, or...
Despite rebranding to Parallel Finance for a greater focus on the decentralized finance (DeFi) ecosystem, the nonfungible token (NFT) lending protocol ParaSpace will continue to focus on its core product amid sector woes.In a conversation with Cointelegraph, Yubo Ruan, founder and CEO of ParaSpace (now Parallel Finance), explains that...
According to a Dec. 4 post by Salvadoran President Nayib Bukele, the country’s cumulative Bitcoin (BTC) investments currently amount to $131 million with a net profit of $3.6 million, for a total gain of 2.84%.“Of course, we have no intention of selling; that has never been our objective,” said...
It appears that withdrawals from crypto exchange Binance have largely subsided after its $4.3-billion settlement with the United States Department of Justice last week.Data from blockchain analytics firm Nansen shows that Binance witnessed a net inflow of $87.4 million in Ethereum token deposits in the past seven days. Meanwhile,...
United States personal finance company SoFi Technologies will end crypto trading services for its users by Dec. 19.According to the Nov. 29 announcement, new crypto account openings on SoFi are suspended immediately. All existing SoFi crypto users must either migrate their accounts to Blockchain.com or close them. In addition,...
Cross-chain protocol Wormhole has secured a $225-million investment at a valuation of $2.5 billion.According to the Nov. 29 announcement, the investment round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital and Arrington Capital.The Wormhole Foundation also announced the launch of Wormhole Labs,...
More foreign banks have joined China’s digital yuan central bank digital currency (CBDC), the e-CNY, following British bank Standard Chartered’s entry on Nov. 27, bringing its total to four.According to local news reports, Hong Kong-based HSBC, Hang Seng Bank and Taiwanese bank Fubon Bank have also added e-CNY integrations to...
A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals.According to local news reports on Nov. 27, Julia Leung, CEO of Hong Kong’s Securities and Futures Commission, stated, “Even if the grace period ends tomorrow, fraud will still occur, so there...