The exchange's Chief Product Officer Vivienne Lin commented on the situation. She confirmed the hack, but said the losses were small.
We sincerely apologize for the inconvenience. Withdrawals will be restored within 24 hours. BingX and the development team apologize for the disruption. Our mission to provide a smooth and reliable trading environment remains unchanged. We are working on a reward plan that will be announced soon," she added. $USDC $BNB
Commerzbank and DZ Bank launch Bitcoin trading services.
Commerzbank, the countryâs second-largest bank by number of branches, has signed a deal with Deutsche Boerse Crypto Finance subsidiary to provide trading access to corporate clients.
DZ Bank, the countryâs second-largest lender, is allowing its 700 cooperative banks to offer Bitcoin trading through a partnership with the Boerse Stuttgart exchange.
DZ Bank and Commerzbank have more than $1 trillion in combined assets under management.
Bitget and Foresight Ventures Acquire Toncoin for $30 Million
This was reported by analysts at CoinDesk.
Representatives of the investors said that the deal was not structured as a traditional venture capital injection.
The tokens were purchased directly from unnamed figures in the Open Network ecosystem. The TON Foundation, an organization developing the blockchain, was not involved in the deal.
The investment will be used to develop the TON blockchain and other Telegram-based projects, including clicker games like Notcoin and Hamster Kombat. $TON
The documentary is called "Vitalik: An Ethereum Story" and was directed by Zach Ingrassi and Chris Temple, the authors of the documentary about memecoins "The Meme Economy".
The directors emphasized that they made a film not about the technology, but about the "man and heart" behind it.
The Binance team officially confirmed in the TG channel about direct affiliation with the Moonbix project.
And this means that you need to break in first and farm, farm, farm. I think that the top 1 exchange will make a product and rewards at the appropriate level.
The mechanics of the application are built on collecting points through a mini-game and pumping up the ref system. Everything is quite simple, all that remains is to start https://t.me/Binance_Moonbix_bot/start?startapp=ref_532913412&startApp=ref_532913412 $BNB
Binance Co-Founder: We Don't Have the Intention to Drive the Meme Trend
Yi He said:
Binance had no intention to drive the memecoin trend. There are currently three types of projects: Telegram games; multiple infrastructure projects (with high fully diluted valuation (FDV) and VC investments) and memecoins.
According to her, Binance is currently testing several projects with low FDV.
Rocky Rabbit is a clicker simulator where the user needs to manage the career of a boxer rabbit Rocky, who is hungry for fame and fortune. The user's task is to develop his skills, choose sponsors, participate in tournaments, think about how to get more passive income. The drop depends on the total earnings, but even if you start playing today, you will receive approximately the equivalent of 1TON in RBTC as an airdrop, they assured (which is already almost $6 at the current rate). Users will receive 50% of the drop on the day of TGE, and the remaining 50% will be unlocked over the next 5 months according to the Play to Unlock principle.
Robert Kiyosaki: The Dollar Is Trash â Invest in Bitcoin
Robert Kiyosaki said that the US national debt is growing by $1.1 trillion every 100 days, and servicing the interest costs taxpayers $1 trillion a year.
âWhile I want Donald Trump to win, it doesnât really matter. The real problem is the US debt of $35 trillion, which neither Trump nor Kamala Harris can handle. If you spent $1 a minute, it would take 31,688 years to spend $1 trillion. Simply put, we are in shit. The dollar is trash,â the writer said in his tweet.
The entrepreneur and investor once again called for stopping âhoarding fake money.â According to him, investors should invest their available funds in the first cryptocurrency and precious metals. According to the writer, a recession is inevitable and the world stock market will make a very hard landing "due to the illiterate policies of central banks."
Justin Sun: Coinbase's Wrapped Bitcoin Will Be a Disaster for the Market
Justin Sun believes that the wrapped version of Bitcoin in the form of an ERC-20 token is not able to attract new investors to the market, and its value is questionable:
âcbBTC has no proof of reserves, no audits, and if something happens to this product, users will not be able to get their money back. Any court order from the US government will result in all your bitcoins being confiscated. This clearly shows how centralization can undermine the foundations of Bitcoin. A dark day for the first cryptocurrency.â
The businessman said that he has been approached by representatives of decentralized finance projects concerned about possible increased market surveillance and the risks of reduced security for the Ethereum and Base networks. #JustinSun #TRON #coinbase $TRX $BNB $FDUSD
Ethereum Core developers are looking for an opportunity to speed up the Pectra hard fork and are considering launching it as early as February 2025. But to do this, they will have to split the update into two parts.
For Ethereum, Pectra should be the largest update, and splitting it will help reduce technical risks. #Ethereumâ $ETH