Newsflash of May 01, 2020

Market Cap at 9:00 (UTC) – $247,312,037,250

Bitcoin dominance: 65.2 % 

BTC $ 8,789.86 (-4.98%)

ETH $213.32 (-4.03%)

XRP $0.220382 (-4.07%)

Bitmex stops providing service for Japanese

Bitmex has stopped providing service for the people of Japan, according to the official blog (https://blog.bitmex.com/notice-to-japan-residents/). From May 1st, 2020, all Japanese accounts will be unable to trade on Bitmex. However, all open positions will not be affected. Bitmex said the service closure is due to the latest amendments comes into effect on May 1st.

Binance introduces mining pool

On April 27th, Binance announced (https://binance.zendesk.com/hc/en-us/articles/360042369432) the launch of Binance Pool offering both POW and POS services for various tokens and coins. Binance added Bitcoin as the the first product for miner and will introduce more products later. Until June 1st, all commission fee will be ignored.

Hackers attacked Binance

CZ recently tweeted (https://twitter.com/cz_binance/status/1255416945651965952) that Binance Chinese domain was suffered from DDOS attack which affected the network access. However, customers fund are safe. Moreover, CZ believes that the attack was executed by self-perceived competitors.

Stay safe and happy trading.

Yours,

4C-Trading

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