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Highlights
- Popular cryptocurrency exchange Binance had to withdraw a new emoji after criticism from Twitter users who said it resembled a swastika.
- Bitcoin fell 2.5 per cent to sit at US$40,430.
- 0x’s native token ZRX is used for governance of the platform as well as developing liquidity pools by way of off-chain order book relayers.
Popular cryptocurrency exchange Binance had to withdraw a new emoji after criticism from Twitter users who said it resembled a swastika.
Binance acknowledged the gaffe via Twitter calling it “embarrassing” and subsequently scrapped the design, adding it was making a new one.
The emoji in question featured a golden square with four "L" shaped arms reminiscent of the arms of a swastika.
Binance has also deleted tweets featuring the emoji, the company's chief executive and founder, Changpeng Zhao said.
Moving on to market news. Bitcoin fell 2.5 per cent to sit at US$40,430.
Ethereum’s price also fell three per cent to US$2,990.
Moving on to altcoin news. DeFi blockchain 0x (ZRX) is soaring after joining forces with Coinbase to power its new non-fungible token (NFT) wing.
ZRX announced that its native 0x Protocol will power the Coinbase NFT social marketplace while also providing low transaction fees.
Also Read: Steem (STEEM) crypto surges 60%, volume explodes. What is driving this rally?
The Ethereum-based 0x platform is a decentralised exchange protocol employing an automated market maker. This protocol connects to numerous DEX networks including Curve and Uniswap.
0x’s native token ZRX is used for governance of the platform as well as developing liquidity pools by way of off-chain order book relayers.
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Data Source: CoinMarketCap.com, based on top 100 cryptos.
Note: Growth from the 24 hours prior to 12:30pm AEDT
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