![]() ![]() Incubation Program Season 3īinance Labs, the venture capital arm and incubator of Binance, has started Season 3 of the Incubation Program. Hey everyone, CZ here! I recently announced the launch of Objective Moon, a 100M EUR initiative for three crucial crypto and blockchain developments in France, including the Binance Research and Development hub, a Decentralized Ledger Technology (DLT) accelerator and a new talent development program. Crypto user or not, these are your rights in the future of global finance. To welcome the next billion users, Binance is working with regulators and policymakers worldwide to establish a suitable framework that protects users without limiting growth and innovation. The Big Story: Unlocking Crypto & Blockchain 1. At the time of writing, Ethereum currently trades at ~$4,584. After bouncing off a monthly low of ~$4,000, Ethereum is near its all-time high. It currently trades at ~$56,841.Įthereum (ETH) also broke its all-time high on Nov 10, 2021, briefly trading above $4850. November marked a record-breaking bumpy month for cryptocurrencies as the total crypto market cap hit 2.97T before decreasing around 11% to ~$2.6T at the time of writing.īitcoin (BTC) hit a new all-time high price at ~$68,521 on Nov 10, 2021, before bumping up and down between the $50K and $60K price range. ![]() ![]() November’s crypto stories ranged from groundbreaking, El Salvador’s “Bitcoin City” announcement, to gloomy, crypto trading hamster Mr. This month we transition into full-blown winter. The drop marked a significant setback for the crypto token used for voting and decision-making in the Tornado Cash ecosystem.įinally, WTC, the native token of the public business ecochain Waltonchain, lost over 47% of its value, after dropping from $0.1662 to $0.0874 in less than one hour.In November 2021, we released your 10 fundamental rights as a crypto user, launched our 100M EUR initiative in France, started Incubation Program Season 3 and opened the Futures Grand Tournament registration. Tornado Cash’s TORN lost 54.7% by dropping from $4.085 to $1.838 in less than one hour. From a price of $0.0177, it tanked to $0.00793, reflecting a 55% loss in value in under one hour. PERL, the token that powers the retail carbon exchange PERL.eco, and is used for interconnecting real-world assets to blockchain, also dropped significantly. The value dropped from $0.01032 to $0.00597 in less than two hours, marking a remarkable drop of over 42%, according to data from TradingView. BTS the native token of the BitShares financial services ecosystem nosedived. The announcement noted that the factors considered by Binance before delisting crypto assets include the commitment of a team towards its project, the level and quality of development activity around the coin or token, the digital asset’s trading volume, and liquidity, its stability and safety of the network from attacks, and the project’s network/smart contract stability.įollowing Binance’s announcement, the affected tokens have experienced a significant selloff, amid panic among holders. Binance said that it considers several factors to determine if the listed digital assets would remain listed or be removed from its trading platform. In a blog post, the top crypto exchange noted that the delisting exercise is part of its regular review process to check that tokens listed on the platform continue to meet required standards.Īccording to Binance, when a coin or token no longer meets the required standard or the industry changes, it conducts an in-depth review which may result in delisting to protect users. The trading pairs to be delisted include BTS/USDT, PERL/USDT, TORN/BUSD, WTC/BTC, and WTC/USDT.īinance, the largest cryptocurrency exchange by trading volume, announced it would delist four digital assets, BTS, PERL, TORN, and WTC, from its platform on Thursday, December 7, 2023.Binance regularly delists tokens that no longer meet required standards or are affected by industry changes.Binance announced it would delist BTS, PERL, TORN, and WTC on December 7.
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