Day: January 20, 2023

Binance to Increase Presence in Poland in Compliance With Local Regulations – Exchanges Bitcoin News

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Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Polish entity, recruit local talent and launch educational initiatives. Crypto Exchange Binance Moves Forward With Plans to Expand Operations in Poland Binance, the world’s largest digital asset trading platform, is enhancing its presence in Poland, noting in an announcement that it maintains its commitment to comply with the country’s rules for virtual asset service providers (VASPs). The expansion in 2023 will…

Crypto becomes second most widely-owned asset class for women: eToro survey

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While traditional asset classes fail to foster broader adoption among women, crypto seems to have found success in bringing women on board, according to a recent survey.  Data sent to Cointelegraph by the eToro team highlighted that crypto is now the second most widely-owned asset class for women second only to cash. This comes from the results of eToro’s latest Retail Investor Beat, which surveyed around 10,000 global retail investors in 13 countries. According to the survey results, there is a significant rise in crypto ownership among women. Data shows that…

FTX reboot could falter due to long-broken user trust, say observers

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Several crypto industry commentators have laid skepticism on FTX CEO John Ray’s vision to potentially reboot the crypto exchange, citing trust issues and “second-class” treatment of customers as some reasons why users may not “feel safe to go back.” Former FTX CEO Sam Bankman-Fried tweeted on Jan. 20 praising John Ray for looking at a reboot of FTX, suggesting it is the best move for its customers. I’m glad Mr. Ray is finally paying lip service to turning the exchange back on after months of squashing such efforts! I’m still…

Genesis Owes Over $3.5B to Top 50 Creditors

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Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more

Trump NFTs daily sales surge by 800% Former United States President Donald Trump’s nonfungible token (NFT) trading card collection has witnessed a massive resurgence in daily sales volume in recent days. Compared to Jan. 17 sales volumes, Jan 18. and Jan. 19 saw spikes of 800% and 600% respectively, according to market metrics aggregator Cryptoslam. Some pundits believe the renewed interest could be due to his imminent return to social media networks, following reports that the former president was seeking to rejoin Facebook and Twitter ahead of the 2024 presidential…

HNT Balloons As Token Gets 36% More Helium In Run-Up To Network Migration

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Helium’s native token HNT has been bloating in price since the start of the year. According to CoinGecko, the token is up more than 36% in the past week. This means that the token is ready for more gains in the coming days or weeks as Helium merges with the Solana blockchain. According to Helium’s tweet back on December 16th, the two blockchains will merge in the 1st quarter of this year. Will HNT continue its bullishness post-merge? The Merge & External Developments On Helium The Helium-Solana consolidation event is…