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

Published by
Tanja Nechet

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!

Tanja Nechet

Recent Posts

US Senators Address Crypto Use in Child Abuse Trade

U.S. Senators Elizabeth Warren and Bill Cassidy are taking action to combat the use of…

1 day ago

Solana Mobile ‘Chapter 2’ Airdrops Surpass Pre-order Cost Temporarily

A unique turn of events unfolded for pre-order holders of Solana's 'Chapter 2' mobile phone,…

1 day ago

FBI Caution Regarding Crypto Money Transmitters Possibly Targeting Mixers

A recent advisory from the Federal Bureau of Investigation (FBI), advising against the use of…

1 day ago

EU Implements Crypto Regulations to Combat Money Laundering

In a move to tackle money laundering, the European Parliament has approved new regulations imposing…

2 days ago

Runes Dominate Over Two-Thirds of Bitcoin Transactions Since Launch

Since its introduction following Bitcoin's halving event on April 20, Runes, a novel token standard…

2 days ago

Bitcoin Miners Face Profit Squeeze as Hash Price Hits Lowest Level Since October 2023

Following the euphoria of Bitcoin's recent halving event, miners are now grappling with a stark…

2 days ago