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Binance’s sudden revival and Musk’s step-down: top crypto and Web3 news for December 19 in brief

Tanja Nechet

News editor

Dec 19, 2022 at 07:07

The new week began with very interesting events. The crypto market is slowly coming back to life, blockchains are starting to move, and exchanges are becoming more active. Oh, and Elon Musk is up to his old tricks again. So, here are the highlights of the day.

Binance is raking

The world’s largest cryptocurrency exchange Binance has completed the acquisition of one of the biggest exchanges in Indonesia, Tokocrypto.

Binance.US will buy the assets of bankrupt Voyager for $1.022 billion. This will unlock the latter’s funds.

Bybit updates Spot Grid Bot

Spot Grid Bot 2.0 is officially launched. This is a more intelligent and user-friendly interface that allows you to set up the perfect trading bot and deploy it in minutes.

The brand new newsletter with insights, market analysis and daily opportunities.

Let’s grow together!

Here are the three main features:

  • Up to 200 grids – trade with even smaller price intervals.
  • You can now search for the coins you want to run your trading bot on.
  • Default Artificial Intelligence Strategy – get recommended parameters instantly.

Is Musk leaving?

Twitter users voted by a majority to let Elon Musk resign as CEO of the microblog. These were the results of the vote, which was arranged by the eccentric billionaire himself on his Twitter page. Well, let’s see if he keeps his word or somehow gets out of it.

Huobi’s big delisting

16 tokens will be delisted: BHD, CNNS, CHAT, COL, FAIR, GTC, HOT, HPT, LET, MTN, MONFTER, RIFI, TOPC, UGAS, XMX and YCC. 

  • Deposits will no longer be accepted for those coins. However, withdrawal services are still available. 
  • Users should cancel any open order for BHD, CNNS, CHAT, COL, FAIR, GTC, HOT, HPT, LET, MTN, MONFTER, RIFI, TOPC, UGAS, XMX and YCC in a timely manner. 
  • Any open orders will be automatically canceled after the delisting, and related digital assets will be credited to your Exchange account. 
  • If you are unable to see balances, then uncheck the “Hide small balances” option in your Exchange account.

New achievement unlocked

Polygon blockchain has reached a new level of success. The total number of unique addresses exceeded 200 million!

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