Studio behind ‘early access’ crypto game Blankos Block Party banks monster $1.25B valuation from a16z
The Kroger Company website is displayed on a laptop in the background with a hand holding a bank card. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) (Rafael Henrique/SOPA Images/LightRocket / Getty Images) .
The company has grown to become one of the biggest names in crypto by allowing anyone to use its service to trade myriad tokens, many of which are unavailable or limited on other exchanges. But over the past year, Binance has matured and begun to offer more formalized services. Following fiat currency exchange launches in the U.K., Uganda and Singapore, Binance is opening a dedicated U.S. exchange to avoid uncertainty around its legality.
Logan Paul has described his new project, Cryptozoo, as an autonomous ecosystem where zoo owners can breed, collect, and trade exotic hybrid animals as NFTs (non-fungible tokens).
“One of our institutional traders indicated to us that they had a bug in their trading algorithm, which appears to have caused the sell-off,” Binance.US said in an emailed statement. “We are continuing to look into the event, but understand from the trader that they have now fixed their bug and that the issue appears to have been resolved.”
In the event of an extended rally, Bitcoin could test resistance at $65,000 levels before any pullback. The second major resistance level sits at $63,312.
Barring Shiba Inu, that slid for another day due to profit taking, nine out of the top-10 cryptocurrencies were trading higher at 10.30 hours IST. Solana and XRP were the biggest gainers, rising nearly 11 per cent each.
In 2019 Facebook said it plans to introduce a cryptocurrency that at the time was called Libra.
ArrowArtboardCreated with Sketch.ArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter Log out Your Account Log In Sign Up Cayman Islands-domiciled Binance is trying to beef up compliance as oversight of the cryptocurrency sector increases. © Reuters
The tecg titan said it wanted to create a separate, private currency system to allow users to make cross-border payments more easily.
However, as the BBC reported, it was criticised for not allowing people to resell their tokens.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102207
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