Cryptocurrency Exchanges Are Making Millions from Just Listing Coins

Running a major cryptocurrency exchange is a lucrative business. Coinbase is reported to have made over $1 billion last year, and Binance is on course to pull in $850 million annually. While the bulk of these profits come from trading fees, they’re not the only revenue stream: exchanges are also pocketing millions from the fees … Read more

Bots Blamed for Binance Bug That Leaves Traders Reeling

Binance has found itself at the center of an unusual trading bug that has created big winners and losers. In a matter of minutes, viacoin pumped by 70x. Just to compound the drama, bitcoin experienced a massive sell-off shortly afterwards following bearish news from the SEC. Binance suspended withdrawals while it investigated the matter, but … Read more

Crypto Trading in 2018: New Strategies, Bigger Crowds and Diminishing Returns

The cryptocurrency landscape has changed significantly over the past 12 months. Gone are the guaranteed returns of 5x, 10x or greater on ICOs, as a growing number of investors clamor for a piece of the pie. New coins, new forks, and new airdrops have created a competitive marketplace characterized by diminishing returns and reduced profits. … Read more

Does Professionalism Matter in Cryptocurrency?

With the global crypto market exploding to a capitalization of over half a trillion USD, the space has seen a surge in new teams, projects, and ambitions for the future. Recent graduates and established PhDs alike are joining the sphere every day in the hopes of contributing to a greater goal amid the growing adoption of cryptocurrency. Despite … Read more