August 28th, a day that might go down in history books to denote when Binance, the world’s largest crypto exchange by volume, began its lending services, while at the same moment it came perilously close to crossing a major compliance land in the sand. The firm’s outspoken and charismatic leader and CEO, Changpeng “CZ” Zhao,…
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The Litecoin Foudation is the main organization campaigning for the mass adoption of cryptocurrencies by the public. In order to further its mission, the foundation has partnered with the organizers of major events to allow participants to pay with the major cryptos such as Litecoin, Bitcoin and Ethereum. The foundation has also been aggressively recruiting…
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Every industry has its strong personalities that occasionally share their opinions on the pressing matters of the day. The crypto industry is no different, and one of its most outspoken individuals is Changpeng “CZ” Zhao, the CEO for Binance, the largest crypto exchange in the world. Recent reports are that his exchange profited to the…
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The CEO of Binance, Changpeng “CZ” Zhao, is a talkative fellow and never one to shy away from expressing his opinions quite publicly. In a recent tweet, CZ expressed his consternation that more major retailers on the Internet have not begun to accept cryptocurrencies for online payments. In his tweet, CZ explained: For any internet…
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In the latest chapter of the continuing saga of Cryptopia, Binance has stepped forward and claimed to have frozen a portion of the stolen assets from the beleaguered crypto exchange. New Zealand police and the High Tech Crime Consortium (HTCC), an agency that deals with cybercrime, are presently conducting their investigation. All trading activities have…
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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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