Binance ends support for stock tokens as regulators issue warnings
    19 Jul 2021
    514 Views

    Binance is removing its tokenized stock trading feature. The decision comes as Hong Kong’s and Lithuanian regulators issued warnings about the exchange’s registration status. Binance will no longer offer digital versions of stocks like Coinbase, Tesla, and Apple, as the crypto exchange faces growing pressure from regulators worldwide. The world’s biggest digital currency exchange by…

    300MW crypto mining facility is building on the US nuclear power plant
    19 Jul 2021
    428 Views

    As Data Center Dynamics reported, Talen Energy, a US power company, plans on building a 300MW crypto mining facility and data center beside its nuclear power plant in Pennsylvania. The crypto mining firm Cumulus Coin, a subsidiary of Talen Energy, expects the project to come online at the beginning of 2022 with the 164MW first…

    PayPal increases its weekly crypto purchase limit to $100,000
    19 Jul 2021
    539 Views

    PayPal users can now buy up to $100,000 of Bitcoin and other digital currencies per week, up from a previous limit of $20,000. PayPal users can now buy up to $100,000 of Bitcoin and other digital currencies per week, up from a previous limit of $20,000. The company is also scrapping its annual purchase limit…

    How is Diem doing?
    19 Jul 2021
    529 Views

    Ambitious cryptocurrency project announced by Facebook three years ago almost became one of the main disappointments of the crypto industry. But it didn’t – and if Libra couldn’t really take off, Diem is slowly and persistently moving towards its goal. And yes, this is us bringing up Facebook’s Diem cryptocurrency, which under its former name…