Authorities are looking into whether Binance or its staff profited by taking advantage of its customers, Bloomberg reported, citing people with knowledge of the matter
Prices of bitcoin and ether were marginally down, while litecoin was up 1.7%. AMC's shares, one of the so-called "meme stocks", were down about 1% in premarket trading
NAB is one of many of Australia's top financial institutions that have not engaged with the sector, despite its huge growth in the past year, due to its high risks
The unit climbed around two percent to $50,249.15, its highest since mid-May, when it began tumbling on a range of issues including China's crackdown on cryptocurrencies
The fintech space has seen a lot of crazy valuations as, there are not many good companies and investors don't want to miss out, Bitpanda Chief Executive Officer Eric Demuth said