Leading exchange Binance recently launched a Fan Club program for users that boasts exclusive team rewards. Binance Fan Token has launched Binance Fan Club as a new royalty system for all holders to interact with and earn. According to the announcement, fans could accrue Star Points via team engagement and unlock many exclusive privileges. These perks include personalized video clips from players, meet & greet sessions, and VIP tickets to team matches. The exchange is also starting two community-rewarding promotions to mark the Binance Fan Club launch. Furthermore, the platform revealed it…
Day: February 20, 2023
Paxos Takes on SEC as Asian Crypto Trading Volume Increases by 80% – Blockchain News, Opinion, TV and Jobs
By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). After Bitcoin’s incredible rally to $25,000 last week, Bitcoin is currently consolidating around $24,500. Amongst the regulatory onslaught in the US that has occurred recently, crypto investors have been unphased. The SEC issued a Wells Notice for Paxos (the issuer of BUSD) last week, who have a direct relationship with global digital asset platform Binance. The SEC told Paxos that they are planning to sue them for their issuance of BUSD, supposedly because BUSD is a security. However, it…
FTX Bankruptcy Claims Sell for 20 Cents on the Dollar in Private OTC Markets
Distressed asset funds can pick up FTX bankruptcy claims for around 20 cents on the dollar in hidden over-the-counter (OTC) markets, a person familiar with the matter told CoinDesk. Source
CoinDesk's Major Award Is a Huge Moment for Us and Crypto Media Generally
The news that Ian Allison and Tracy Wang are joint recipients of a Polk Award, one of the most prestigious in journalism, for three November scoops that led to the unraveling of FTX’s empire is a source of immense pride for all of us at CoinDesk. Source
World-Leading Cloud-Mining Service Provider BitFuFu Launches ANTMINER Coupons Trading Function – Press release Bitcoin News
press release PRESS RELEASE. On 21st February, BitFuFu will announce the launch of the ANTMINER coupons trading function at the WDMS conference. ANTMINER coupons are issued by the world’s leading miner manufacturer BITMAIN, which can be used to offset the purchase order amount of ANTMINER produced which was sold by BITMAIN, thereby reducing the cost of miners for investors and improving the return on investment efficiency. Currently, ANTMINER coupons can be transferred through the BITMAIN website, and miner investors can find relevant information on the Coupon Master, which is BITMAIN…
Bitcoin regains $25K amid hope record China easing will boost BTC price
Bitcoin (BTC) spent another day tackling $25,000 on Feb. 20 as analysts continued to warn over market manipulation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin buoyed by “Notorious B.I.D.” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making up losses from around the weekly close to approach the $25,000 mark again at the time of writing. Bulls remained unable to spark a resistance-support flip, however, and whale activity on exchanges kept suspicions high. In its latest update, monitoring resource Material Indicators revealed that large-volume traders were artificially “thinning”…
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Energy Giant Saudi Aramco Signs Agreement With droppGroup to Build Web3 Tech
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CoinDesk Wins a Polk Award, One of Journalism's Top Prizes, for Explosive FTX Coverage
Three stories were honored, including Ian Allison’s scoop that led to Sam Bankman-Fried’s $32 billion crypto empire collapsing in days. Source
Getting down to the 2023 finals
In early February, Cointelegraph started unveiling its 2023 Top 100 list of the finest heroes and worst villains expected to impact the crypto and blockchain space in the year ahead. The list compiles the votes of Cointelegraph readers and staff who decided which players had the most significant impact on the sector in 2022 and who will likely make the biggest splash in 2023. Profiles have been released in batches of 10, starting from No. 100. Profiles 21–30 dropped on Feb. 17, with Sebastian Borget, co-founder and chief operating officer…