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CoinRank Daily Data Report (12/17)|Binance Releases Listing Process Introduction and Community Warning Against Scams Impersonating Third Parties

KEYTAKEAWAYS

  • Web3 social payment company METYA secures $50 million in strategic investment, led by Century United Holdings Group
  • Bhutanese government plans to use 10,000 bitcoins to build the "Mindfulness City" special administrative region
  • Binance Releases Listing Process Introduction and Community Warning Against Scams Impersonating Third Parties

CONTENT

Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.



Web3 social payment company METYA secures $50 million in strategic investment, led by Century United Holdings Group

 

Web3 social payment company METYA announced it has secured $50 million in strategic investment. The investment was led by Century United Holdings Group (1959.HK), with participation from Castrum Istanbul, Alpha Capital, M2M Capital, and Vertex Capital. This strategic investment will accelerate METYA’s global development plans in AI-driven social networking, MePay (a payment service), and global liquidity connectivity.


 

Bhutanese government plans to use 10,000 bitcoins to build the “Mindfulness City” special administrative region

 

The Bhutanese government announced it will use 10,000 bitcoins from its reserves to build the Glep Mindfulness City (GMC), a special administrative region located in Glep town in southern Bhutan. Launched in 2024, GMC aims to curb youth outflow and become a new economic center for Bhutan by creating high-value-added local employment opportunities. The city plans to attract businesses from multiple sectors including finance, tourism, green energy, technology, healthcare, and agriculture, and will offer regulatory flexibility for cryptocurrency and fintech companies while promoting Bitcoin mining in Bhutan. According to its official website, GMC covers approximately 10% of Bhutan’s land area, about 1,544 square miles. The Bhutanese government holds the fifth-largest Bitcoin reserves in the world, with the majority coming from mining. The country holds approximately 11,286 Bitcoins, worth over $986 million.


 

Binance Releases Listing Process Introduction and Community Warning Against Scams Impersonating Third Parties

 

According to an official announcement, Binance has released an introduction to its listing process and a community warning against scams impersonating third parties. Binance follows a structured listing process in three phases: Binance Alpha, Binance Futures, and Binance Spot. Binance carefully evaluates the performance and potential of each project at each stage of this progressive process. However, in rare cases, projects that meet the necessary criteria may be listed directly on Spot, unlocking full market access and liquidity without first going through the Alpha or Futures phase.


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