Earlier this week, the news of the first hack of a crypto exchange in 2019 hit the airways. The Cryptopia exchange in New Zealand suspended operations, citing “significant losses”. Local police are investigating, with very few details forthcoming. The lack of information has led to widespread speculation as to the nature of the hack, whether…
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It has been a rough year for cryptocurrencies. Valuations are down 80% and more in some quarters, and critics are claiming that a funeral may be in order. But not everyone has these same feelings. CEOs of many large concerns, both within and without the crypto universe, have spoken out about the long-term viability of…
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The world's largest cryptocurrency exchange, Binance, has recently added Ripple as a base trading pair, said Binance CEO, Changpeng Zhao. According to a blog post from today, December 24th, the new trading pairs will be TRX/XRP (Tron) and XZC/XRP (Zcoin) on the Combined ALTS Trading Market. The so called ALTS will replace the current ETH Trading Market,…
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Binance is one of the largest cryptocurrency exchange platforms in the world. The platform has just announced their launch of subsidiary accounts feature for institutional and high net worth investors. The request for such an option has been long awaited, as institutional investors have had a large impact on the cryptocurrency industry in the last…
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FX broker eToro has announced that it has added the Binance Coin (BNB) to its product range. This brings the total number of cryptoassets available on eToro to thirteen. eToro is the first platform to offer BNB to investors and traders to buy or sell using fiat. BNB is a token issued by Binance, which…
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Binance is one of the largest cryptocurrency exchanges in the world. It just completed its first ever acquisition. Binance bought out the mobile wallet firm Trust Wallet. The company is a mobile app that is essentially an Ethereum wallet that supports Ethereum, ERC20, ERC223 and ERC721. As of now, Binance has not disclosed the amount…
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Neufund, a Berlin-based Blockchain protocol for securities’ tokenization and issuance has announced its collaboration with MSX, an innovation vehicle of the Malta Stock Exchange (MSE), and a partnership with Binance, one of the biggest cryptocurrency exchanges globally. The aim of both ventures is to create a regulated and decentralized, global stock exchange for listing and…
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Binance was recently the world’s largest cryptocurrency exchange in respect to volume traded. CoinMarketCap’s ranking of cryptocurrency exchanges recently changed to promote CoinEx as the largest exchange by traded volume. CoinEx is currently processing a trade volume of around $1.5 billion on a daily basis, while Binance handles around $ 1.3 billion. The third place…
Read moreStreamr, the blockchain-backed data platform, has just announced that its token (DATA) has been listed on Binance, the largest cryptocurrency exchange in the world by trading volume. The announcement comes at a time of great vibrancy within the Streamr community, following the launch of Streamr’s real-time data Marketplace in May 2018. DATA is available for…
Read moreThe top ten cryptocurrency exchanges are bringing in as much as $3 million per day in profit, according to Bloomberg calculations. Considering that cryptocurrency did not even exist until 2009, profit at that level is absolutely astonishing compared to the historical development of other industries. It is easy enough to understand how cryptocurrency exchanges make…
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