• Bybit CEO Ben Zhou has joined the regulations talk, telling crypto.news that harsh crackdowns on crypto exchanges won’t benefit anyone. • Ben Zhou is one of the many people who have reacted to the continued and harsh crypto regulation, with Coinbase’s Brian Armstrong calling out the SEC for too harsh crackdowns on crypto. • …
Massive Sell-Offs Put Shiba Inu at Risk: Price Could Take a Hit
• Shiba Inu’s price could take a significant blow due to a large transfer of 182 billion SHIB tokens and reported sell-offs of the meme coin. • There was an on-chain data source called Lookonchain that reported a “smart money” investor transferred 182 billion SHIB tokens to cryptocurrency exchanges Crypto.com and Gemini, which is equal …
BinaryX Surges 200% in One Month: Analyzing the Token Behind the Pump
• The market value of BinaryX (BNX) has experienced a significant increase, surging over 200% within the past month. • BNX is a GameFi platform that operates two play-to-earn games and functions as the platform token of BinaryX. • BinaryX’s recent success has been driven by their user growth, expansion plans for new games, and …
China Launches Blockchain Research Center to Power Digital Economy
• China has launched a state-supported blockchain research center in Beijing. • The goal of the center is to promote the integration of technology into daily life through research and development efforts. • Despite the Chinese government’s ongoing crackdown on cryptocurrencies, the launch of the National Blockchain Technology Innovation Center reflects its enthusiasm for blockchain …
Binance Halts Wallet Services for WazirX, Sparks Public Argument
• Binance has stopped its wallet services for WazirX due to false claims made by Zanmai Labs, which manages WazirX. • Binance has set a deadline of Feb. 3rd, 2023 at 11:59 UTC for Zanmai Labs to retrieve the funds utilized for WazirX’s operations. • WazirX recently revealed in a proof of reserves report that …