Top Crypto Exchange Binance Seeks 20 Major Partners for Giant $1 Bln Fund
An investment fund worth $1bln is the latest project for the world’s biggest crypto exchange Binance Go to Source Powered by WPeMatico
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Bitcoin in Brief Friday: Expanding Horizons in a Bearish Month
With banks in Europe, America and Asia doing “everything to crush cryptocurrencies,” Binance CEO CZ says Africa can become a leader in their implementation. The major crypto exchange is thinking about opening an office in Uganda and we have covered the story in today’s Bitcoin in Brief. Also, online trade with cryptos spikes in Bahrain, … Read more
Bittrex Launches USD Fiat Trading
Bittrex has finally introduced fiat currency support. The US exchange, which was established in 2013, subsisted with tether as its USD surrogate until recently, before adding another stablecoin, TrueUSD, a couple of months ago. Around the same time, its CEO Bill Shihara revealed that the platform would be adding USD pairs and today they went … Read more
Binance Coin Price: Solid Overnight Gains Spell Positive Outlook
With so many cryptocurrencies benefiting from a brief spell of positive momentum, interesting things are bound to happen. In the case of Binance Coin, interesting things are taking place over the past 24 hours. Thanks to a solid 10.69% increase in the past day, the Binance Coin price has risen to $13.81 again. Another Positive … Read more
Proof of Work Coins on High Alert Following Spate of 51% Attacks
First it happened to verge. $1.8m of cryptocurrency swiped in a matter of hours. Then to bitcoin gold, plundered in an $18m double spend attack. Then to verge again, this time to the tune of $1.7 million. Along the way, monacoin is also believed to have been hit. Someone is methodically working their way through … Read more
Cryptocurrency Exchange Verification Is Getting Weird
Back in the day, before cryptocurrency was worth anything, an email address and a password was all you needed to login to an exchange. Then came 2FA, using email verification or Google Authenticator. Then came the third generation of secure sign-in methods, and that’s when things started getting weird. Also read: Darknet Market Rapture Has Been … Read more
How Real is the Binance Effect?
It’s been about four months since the cryptocurrency market hit its peak, at an astonishing $835.68B. Bitcoin was trading at almost $20,000 – $19,888.90 to be exact. Since the bear run commenced, almost every crypto, big or smaller, has suffered big losses. At the time of this writing, the cryptocurrency market sits at less than … Read more
Trust Token Blames Bots for Volatility of Trueusd Stablecoin
On Wednesday Trueusd, a stablecoin designed to be pegged to the US dollar, experienced a sudden bump in price after Binance announced support. The news caused Trueusd (TUSD) to rise by an unprecedented 40% before eventually subsiding. Trust Token, the coin’s developers, have now explained to news.Bitcoin.com how this sequence of events came to be. … Read more
“Stablecoin” Trueusd Pumps After Binance Listing
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 Co-Founder Denies Rumors of Company’s Plans to Build Blockchain Country on Private Island
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