Along with its existing team, Binance has transferred its resources over to Malta, and has decided to employ over 200 full-time workers to fully establish the business in the region.
Over the past 24 hours, the cryptocurrency market has gained $20 billion, as important cryptocurrencies bitcoin and Ethereum recorded strong gains.
Bitcoin has fallen below the $8,500 mark, merely 24 hours after surpassing $9,000.
Several traders at popular cryptocurrency exchange Binance are reporting the platform executed unauthorized orders through their accounts, triggering a 400% pump for lesser-known altcoin Viacoin.
A similar trend occurred today, because most important cryptocurrencies including bitcoin fought to record gains.