U.K. regulator cracks down on Binance, the world’s biggest cryptocurrency exchange

The crypto market’s extreme unpredictability was on display last week, as hundreds of billions of dollars in value evaporated on news of China’s crackdown on bitcoin mining. But as of Monday evening, bitcoin was trading up more than 6 percent, around $34,500, and the total cryptocurrency market hovered near $1.4 trillion, according to CoinMarketCap.

Source: WP