Binance Celebrates Its First Anniversary as Its Dominance Continues

Binance has become synonymous with the crypto exchange industry. It has become almost impossible to mention the industry without paying homage to the world’s largest crypto exchange by trading volume. Founded by Blockchain.info developer Changpeng Zhao and Yi He, a former executive at OKCoin, Binance’s rise to the summit has been swift and unprecedented. Trading … Read more

Powerful Cryptocurrency Firms on the Road Towards Becoming Banks

When bitcoin came out, supporters believed that the decentralized cryptocurrency would decimate the banking industry. Years later, as digital currencies became more mainstream, these networks were suddenly commanding billion dollar valuations. Meanwhile, cryptocurrency exchanges, brokerage services, and over-the-counter market makers have started to look into purchasing shares of banks and even becoming the banks themselves. … Read more

ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts

According to reports the social media platform Twitter has been deleting millions of fraudulent accounts per day, and stated during the first week of July that it suspended more than 70 million accounts throughout May and June. However, the cryptocurrency industry is still plagued by tons of ‘ETH scam-bots’ pretending to be bitcoin luminaries and … Read more

PR: Changelly’s Partnered with Ledger Live App

Changelly, a prominent instant exchange, has announced its partnership with Ledger, one of the leading security and infrastructure providers in the crypto industry, to bring a new user experience. New Ledger App and Changelly Ledger has released Ledger Live, a multi-asset complimentary wallet application that allows storing and managing cryptocurrencies in one place. Ledger Live … Read more

This Week in Bitcoin: New Exchanges, Bancor Breach, Binance CEO vs Vitalik

In this week’s daily editions of Bitcoin in Brief we reported about a couple of new exchanges, a major security breach at Bancor, and why the Binance CEO came out against Ethereum founder Vitalik Buterin. This week’s most commented-on article covered the Nobel laureate economist Joseph Stiglitz, who predicted that cryptocurrencies will be “regulated into oblivion.” Also … Read more

Binance, Crypto Investors to Launch a Bank in Malta

Crypto exchange Binance is working on a project to launch a decentralized bank bridging the crypto industry with conventional banking. The financial institution will be based in Malta and fundraising will be conducted under German law. Authorities in Valletta have welcomed the initiative that is expected to win support from other crypto investors as well. … Read more