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It’s customary for cryptocurrencies to pump after securing a Binance listing. Every week a handful of tokens enjoy the “Binance bounce”, gaining as much as 50% in a matter of hours. Trueusd (TUSD) was meant to be different though. It’s a stablecoin whose job is to stay as close to the US dollar as possible. … Read more
Binance’s co-founder He Yi has denied the sci-fi-esque claims of a Chinese media platform that the company plans to build its own blockchain nation on a private island Go to Source Powered by WPeMatico
OKEx CEO suddenly quits as rumors swirl over reported $2 bln daily turnover Go to Source Powered by WPeMatico
As the world’s largest exchange, Binance commands huge amounts of power. It can charge whatever it likes for a listing in the knowledge that altcoin projects will still cough up in return for the liquidity and legitimacy that a Binance listing brings. With great power comes great responsibility however, and some of the exchange’s new … Read more
Binance CEO Changpeng Zhao said in a blog post that ICOs are “100 times easier” for raising money than VCs, even with a high risk of failure Go to Source Powered by WPeMatico
A partner at a prominent blockchain VC firm says that more banks will begin crypto trading so as not to be ‘overtaken’ Go to Source Powered by WPeMatico
The meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by its investors. Also Read: Bitcoin … Read more
In the world of smart contracts and ERC20 tokens, independent audits should have been the norm by now. So far, that has not been the case, yet companies such as Quantstamp are trying to make a positive impact in this area. The company recently conducted a security audit of Binance’s ERC20 tokens, and found no real issues to speak of. … Read more
While some governments say they see the potential future benefits of a local cryptocurrency hub, more proactive jurisdictions are already reaping the rewards. The latest example comes from Bermuda, which is rapidly advancing its receptive crypto regulations and strengthening the local economy. Also Read: Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for … Read more
The year 2018 has been pretty positive for the Binance exchange so far. Unlike what most people may have expected, the company is expanding its presence at an accelerated pace. Earlier this week, the company signed a Memorandum of Understanding with Bermuda’s Premier and Minister of Finance. Another Notch in the Belt of Binance It … Read more
