The Luno crypto exchange plans to pull out of the Singapore market and scrap its application for a licence in the city-state.
Browsing: Cryptocurrencies
Cryptocurrency ether leapt more than 5% in early Asia trade on Friday as traders breathed a sigh of relief that a software upgrade this week ran relatively smoothly.
The software that underpins the second biggest crypto coin, ether, was upgraded successfully.
Bitcoin breached the key $30 000 level for the first time in 10 months on Tuesday.
The ethereum blockchain’s next big software upgrade is poised to happen on Wednesday.
Bitcoin renewed its climb towards $30 000 with risk appetite rising across global markets and concern about the fallout from Binance’s legal woes waning.
Investors withdrew US$1.6-billion of cryptocurrency from Binance since it was sued by the US Commodity Futures Trading Commission on Monday.
Promoted | Here are three reasons why the crypto bull market may have returned sooner than expected.
The US has sued Changpeng Zhao and his Binance cryptocurrency exchange for alleged violations of derivatives regulations.
Bitcoin investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings.