Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
This week's Crypto Biz explores Binance Connect shutdown, BitGo's funding round, PayPal Crypto Hub, and other news.
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PayPal to roll out Cryptocurrencies Hub for select users
The Cryptocurrencies Hub is key for PayPal to reinvent itself as a crypto-inclusive platform. The service will allow for the sale and purchase of cryptocurrencies among other functionalities.
How Peter McCormack is turning an unknown town into a Bitcoin hub
Bitcoin pitch invasion! A new Cointelegraph video examines a local soccer club’s impact on the town and national Bitcoin adoption
Hong Kong’s regulatory lead sets it up to be major crypto hub
Hong Kong is increasingly solidifying its status as a crypto hub in Asia despite most other countries taking a cautious approach.
Kenya partners with Abu Dhabi's Venom Foundation to build blockchain, Web3 hub
The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa.
Russia becomes second-largest Bitcoin mining hub after US, claims local miner
Russia becomes the second-largest country in cryptocurrency mining, while the United States retains the top spot; however, unclear regulations in the US could shift the market.
Gemini flags ‘big plans’ for Asia with India hub and regional CEO
The exchange reports its new Indian engineering hub will be second in size behind its hub in the United States.
EU sets up research hub to analyze Big Tech's AI algorithms
The research unit will be tasked with auditing the AI-backed algorithms used by large technology firms such as Google and Meta.
Africa: The next hub for Bitcoin, crypto adoption and venture capital?
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it.
Crypto exchange Binance launches new regional hub in Georgia
Currently employing 25 people in Georgia, Binance aims to create “dozens more jobs” with the launch of its regional hub by the end of 2023.