Alipay and WeChat Pay do not accept cryptocurrency transactions
Binance CEO, Changpeng “CZ” Zhao, a declared yesterday that the exchange accepts cryptocurrency purchases through Alipay and WeChat Pay. The two companies immediately denied that they support cryptocurrency transactions
Dovey Wan, an analyst at crypto asset management company Primitive Ventures, a confirmed that the two ads are common practice for China. The Chinese government has tried to prohibit cryptocurrency trading and all companies operating in this country are quickly denying any involvement in this type of activity.
Binance had to move from China two years ago and is currently registered in Malta.
Coinbase launches mobile application for Coinbase.pro
The Coinbase Exchange has announced that it is working on a mobile application for Coinabse Pro users. The iOS version of the app is already available for download, while the Android version is still working.
The Pro application has individual pages for trading pairs where customers can receive real-time price updates, live charts, order books and active orders, transaction history and can set up a purchase or sale order.
There is also access to the portfolio of crypto assets and the one with fiat funds. The fiat withdrawals will continue on the main Coinbase website, but Pro users can make deposits directly in the mobile application.
The HongKong Free Press organization replaces BitPay with BTCpay
The protests in Hong Kong also have implications for the crypto industry. Last month, HongKong Free Press complained that the BitPay payment processor blocked the transfer of donations in cryptocurrencies made by its backers. The organization announced yesterday that it will use BTCpay services in the future.
Recent reports have emerged that Hong Kong citizens have started buying cryptocurrencies to keep their funds safe.
At the same time, the need for decentralized applications became visible. An Apple application used by protesters called Hkmap.live has been blocked in Hong Kong, apparently at the request of the Chinese government.
“I originally thought that withdrawing the application is simply a bureaucratic issue, but now it is clearly a political decision to suppress freedom and human rights in Hong Kong. It’s disappointing to see American corporations like Apple, NBA, Blizzard_Ent, TiffanyAndCo acting against freedom. ”
it is mentioned in a message Twitter that circulates on social media.
Bayern Munich launches blockchain-based digital collectibles
Stryking Entertainment (a subsidiary of Animoca Brands) and German football club FC Bayern Munich have signed a partnership to produce and distribute digital collections based on football players.
Stryking is working on creating a global platform for digital collectibles on the blockchain, focused on popular sports teams. The company creates and distributes digital collections in the form of non-fungible tokens (NFTs), made popular by the CryptoKitties game.
The Fantasy Sports Challenge game developed by Stryking allows fans to collect and trade blockchain-based player cards.
FC Bayern Munich is one of the most popular and successful football clubs in the world, with over 60 million fans on social media worldwide. The club has won numerous national and international titles, including five times in the Champions League.