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Cryptocurrency

Binance to Shut Down in Malaysia, Scales Down Derivatives in Europe

  • The Malaysian Securities Commission has issued a notice ordering Binance to stop offering its services in the country.
  • The exchange also revealed that its clients in Germany, Italy, and the Netherlands will no longer be able to open new futures and derivatives accounts.
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  • The Malaysian Securities Commission has issued a notice ordering Binance to stop offering its services in the country.
  • The exchange also revealed that its clients in Germany, Italy, and the Netherlands will no longer be able to open new futures and derivatives accounts.
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Huobi Launches New Digital Asset Mining Platform

  • Primepool will enable users to participate in the launch of new premium projects on Huobi.
  • Users will be able to "mine" new assets by staking HT or ETH, receiving rewards in the form of new tokens.
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Synthetix Goes Live on Optimistic Ethereum L2

  • During the initial testing phase, Synthetix exchanges will be enabled for sUSD, sBTC,sETH, and sLINK trading on Optimistic Ethereum L2.
  • Optimistic Ethereum is set to bring significant improvements to Synthetix, including lower fees and better trade security.
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State Street to Provide Private Clients with Crypto Administration Services

  • State Street partnered with Lukka to use its reference and pricing data, as well as its middle and back office products, to power its new services.
  • Using Lukka's products, the bank will be able to incorporate digital assets alongside private clients' other alternative investments.

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Okcoin Secures Crypto Licenses in Malta and the Netherlands

  • The company has secured approval from the Malta Financial Services Authority and formal registration from the Dutch Central Bank.
  • The licenses will enable the company to establish additional banking partnerships and payment rails in Europe.
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Valora Separates from Celo, Raises $20M

  • The mobile digital wallet built for the Celo network revealed it will be separating from its parent firm cLabs, and will now operate as an independent company.
  • The new company also announced it has closed a $20 million Series A funding round led by Andreessen Horowitz.
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Ripple Launches First On-Demand Liquidity Service in Japan

  • SBI Remit has partnered with Coins.ph to facilitate remittance payments from Japan to the Philippines using Ripple.
  • Ripple's ODL service will enable the companies to provide faster and more affordable remittance options.
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Chainlink Price Feeds to Go Live on Cronos

  • Crypto.com selected Chainlink as it has proven itself as one of the most reliable decentralised price oracles in the industry.
  • Its price feeds will open up new use cases on Cronos, such as establishing exchange rates for tokenized assets, checking limit order conditions, and more.
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Mastercard Onboards 7 Startups to its Start Path Program

  • GK8, Domain Money, Mintable, SupraOracles, STACS, Taurus, and Uphold have joined Mastercard's new Start Path program.
  • The startups will leverage Mastercard's tools and network to address various pain points in the crypto and blockchain industries.
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Block.one’s Bullish Exchange Launches Private Pilot Program

  • The 7-week private pilot program will offer a select group of retail and institutional investors the opportunity to use Bullish.
  • The exchange will feature a unique Hybrid Order Book, yield-earning Liquidity Pools, and top-notch security.
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ZKSwap Launches V2 With Unlimited Token Listing, Custom Fee Tokens, and L2 Deployments

  • ZKSwap is targeting a Layer-1 Ethereum mainnet launch on 28 July, with L2 deployments on BSC, HECO, and OEC to follow soon after.
  • V2 will enable users to list any ERC-20 token and choose between 4 different tokens when paying withdrawal fees.
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Shopify to Allow Direct Selling of NFTs

  • The e-commerce company is now supporting the direct sale of NFTs for its merchants, though the offering will be limited for some time.
  • The first merchant to use the new offering is the Chicago Bulls, which released a limited NFT collection representing its six championship rings.
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Tether Executives Investigated for Bank Fraud

  • "People with direct knowledge of the matter" told Bloomberg that Tether executives have received letters informing them of the investigation.
  • The sources also revealed the Department of Justice was looking into a "conduct that occurred years ago, when Tether was in its more nascent stages".
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Simplex Partners With Allpay to Launch Crypto Debit Card

  • allpay.cards will provide Simplex users with a bespoke Visa debit card.
  • The card will enable users to spend their cryptocurrencies anywhere Visa cards are accepted.