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4C Newsflash of August 16


Market Cap at 12:40 (UTC) – $264,364,646,897 billion
Bitcoin dominance: 68.6%
BTC $10,144.27 (+0.64%)
ETH $183.99 (-0.11%)
XRP $0.260608 (-1.37%)

Poloniex delists 24 trading pairs

According to the recent tweet, Poloniex has delisted 24 trading pairs: LTC/XMR, DASH/XMR, ZEC/XMR, MAID/XMR, NXT/XMR, BCN/XMR, LSK/ETH, GNT/ETH, MANA/ETH, QTUM/ETH, STEEM/ETH, OMG/ETH, LOOM/ETH, SNT/ETH, CVC/ETH, KNC/ETH, GAS/ETH, BNT/ETH, LOOM/USDT, SNT/USDT, KNC/USDT, BNT/USDT and FOAM/USDC. The reason behind the delist is due to low volume.

Binance US will be launched before November

In an interview with Cheddar, CZ told the news outlet that the team is working on opening an US division. Binance will partner up with BAM trading services and will stop service US customers on September 12th . Moreover, the division won’t be operating in New York as it hasn’t acquired BitLicense. Additionally, CZ expects Binance US will be launched before November.

Satander removes payment to Coinbase in UK

After Barclays, Santander has blocked all payment to Coinbase UK. According to a Redditor, a UK Santander representative told the individual that the bank no longer accept deposit to Coinbase. Moreover, it is said that due to the increasing fraud related to Coinbase, Santander has to remove the service.

Coinbase acquires Xapo custody for $55 million

According to Fortune, Coinbase has bought Xapo, a custody service in Swiss for $55 million. After the acquisition, Coinbase’s crypto assets under management now worth more than $7 billion, the number was reported by an anonymous source. Additionally, if Coinbase could sign on the remaining Xapo customer accounts, the company will have over 860,000 Bitcoins in custody.

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