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Rumored Binance UK Head Exit Ignites Controversy Amid Regulatory Turmoil

Coin Edition 24 Oct 2023
Jonathan Farnell left his role as head of Binance U.K. and CEO of Bitfinity. Corporate filings hint Ilir Laro was named a UK company director in September. Farnell’s exit follows other executive departures as Binance faces regulatory pressures.

Binance to Shut Down Its Buy-and-Sell Service Binance Connect

Coinspeaker 16 Aug 2023
Binance has decided to close its buy-and-sell service Binance Connect amid challenges its provider faced with support for card payments. Starting from August 16, Binance Connect is no longer available ... Dear Biswappers, ... Launched in March 2022, Binance Connect (formerly Bitfinity) was connecting traditional finance to world-leading and emerging blockchains, transforming how businesses and people send and receive money around the world.

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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Rumored Binance UK Head Exit Ignites Controversy Amid Regulatory Turmoil

Coin Edition 24 Oct 2023
and CEO of Bitfinity ... Binance UK head and CEO of Bitfinity Jonathan Farnell has reportedly left the crypto exchange in late September ... Likewise, he also served as the chief executive officer of Bitfinity, a payment platform launched by Binance.
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Binance to Shut Down Its Buy-and-Sell Service Binance Connect

Coinspeaker 16 Aug 2023
Starting from August 16, Binance Connect is no longer available ... Dear Biswappers, ... — Biswap (@Biswap_Dex) August 15, 2023 ... Launched in March 2022, Binance Connect (formerly Bitfinity) was connecting traditional finance to world-leading and emerging blockchains, transforming how businesses and people send and receive money around the world ... next.
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Binance Connect to shut down effective Aug. 15

Cryptoslate 15 Aug 2023
Binance Connect, formerly known as Bitfinity, will cease operations today. The announcement came from Biswap, a decentralized exchange platform on BNB Chain, via a tweet. Binance Connect’s discontinuation was attributed to its provider ending support for card payments ... However, Binance has recently faced severe legal challenges. The U.S ... ....
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InfinitySwap’s EVMC on Internet Computer blockchain

CryptoNewsZ 06 Mar 2023
One of the highlighting features happens to be the exposure of the true capabilities of Bitcoin on the Internet ... It is also the entity’s new-age AMM on the Internet Computer ecosystem, which allows smart contracts to be able to protect the private keys of users and a Bitfinity Wallet for connecting with Bitcoin DeFi services ... Tags. DeFi News.
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VaultBet & InfinitySwap partners to Integrate Bitfinity Wallet

CryptoNewsZ 13 Feb 2023
VaultBet recently announced a partnership with InfinitySwap to integrate Bitfinity Wallet ... On the other hand, Bitfinity Wallet is InfinitySwap’s safest crypto wallet in the market. By integrating Bitfinity Wallet, VaultBet will continue to work towards its goals for 2023. The platform aims to enable BTC transactions via integration ... Tags ... ....
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Crypto Crisis: Binance Loses UK Adviser As Scrutiny Over Exchange’s Finances Grows

Bitcoinist 20 Dec 2022
After crypto exchange FTX went belly up last month following a run on deposits exposed a deep hole in its balance sheet, prominent advocates of cryptocurrencies have been trying to distance themselves from the asset class ... There could be other reasons ... Johnson reportedly joined Bitfinity’s advisory board in September and departed last week ... .
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Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy

Bitcoin 08 Mar 2022
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains ... On the launch of Bitfinity, Helen Hai, President of Bitfinity, stated. .
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FCA might block Binance’s Bitfinity from operating in UK

Cryptopolitan 08 Mar 2022
The regulator it’s aware that under the partnership, Bitfinity will advance a US$36 million convertible loan to Eqonex, and as a result, “individuals and entities that are part of the Binance Group may have become beneficial owners of Digivault for the purposes of the MLRs.” ... FCA might cancel Bitfinity.
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What Is the Best Crypto Lending Platform?

Changelly 24 Sep 2021
In this article, we will review the best crypto lending platforms and websites ... While Bitfines doesn’t call it as such, their Margin Funding feature is basically a lending service for margin traders ... It should also be noted that if Bitfines takes over your positions with a sum exceeding $250,000, you will be charged a 5% fee for any losses incurred ... .
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Bitfinex Terminal Real-Time Market Data Feed Now Available on Dazaar

Crypto Economy 24 Sep 2020
Bitfinex launched Bitfinex Terminal on Dazaar. The new platform provides real-time market data to users. Those traders who look for historical data about assets can access Bitfinex Terminal that [rovides useful data for their algorithmic trading strategies ... Bitfines provides the needed instruction to run the platform ... ....
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As Global Tensions Grow, Bitcoin Price May Go Higher

The Bitcoin News 25 Jun 2020
Advertisment. BTC Surged Again as A Safe Haven Asset During Global Tensions You want the latest news about Crypto?. Then follow us on Google News!. IndiaChina Border Conflict ... North and South Korea Clash ... Bexplus quote index is weighted average of those from top 5 exchanges, including Bitfines, Binance, Poloniex, Huobi Global and ZB ... ... source ... .
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From Hodl to HFT: Crypto’s new breed of traders are mimicking the Flash Boys of ...

Koinpost 21 Apr 2020
Bitfinex Honey Framework is enticing cryptocurrnecy traders to develop and implement custom, complex order types & trading strategies. cryptocurrency cryptocurrency news. From Hodl to HFT. Crypto’s new breed of traders are mimicking the Flash Boys of Wall Street- Bitfinex. By Heena 5 mins ago. Post Views. 5 ... CryptoCompare Review on Bitfines ... ....
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Cryptocurrency Regulation in the Caribbean: Is It the Perfect Sandbox?

The Bitcoin News 25 Feb 2020
Advertisment ... The Caribbean Islands are first and foremost known as tourist destinations, but they have also, over time, picked up a reputation as shady offshore havens ... Cuba ... With operational security in the spotlight, it is important that locals use reputable cryptocurrency services such as top market leaders like Binance, Coinbase, and Bitfinance ... .
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