FOMO MomentsFollowing two days of selling pressure the markets have stabilized a little and even started to gain marginally during the morning’s Asian trading session. Total market capitalization is climbing back towards $450 billion and Bitcoin did not drop below $9k. It is currently trading up 1% on the...
Changpeng Zhao, the CEO of digital currency trading platform Binance, said in a blog post May 7 that initial coin offerings (ICO) perform far better than venture capital funds (VCs), even with a high risk of failure. In a blog post titled “ICOs — Not Just ‘Good-to-Have,’ But Necessary,” Zhao expressed his...
It has been a tumultuous week for San Francisco based Ripple Labs which now finds itself embroiled in another law suit. This time a disgruntled investor has taken up legal action claiming the blockchain firm has violated federal securities laws.Digital Coins Created ‘Out of Thin Air’According to Thursday’s class...
Spencer Bogart, a partner at Blockchain Capital, said that other banks will follow Goldman Sachs’ example in opening a crypto trading desk, according to CNBC’s Fast Money today, May 4. Goldman Sachs reported yesterday that they would soon open a trading desk for Bitcoin (BTC) contracts after being “inundated” with...
Podcasts play an integral role in the world of cryptocurrency. During a recent Crypto 101 podcast, an interview was conducted with Binance CEO Changpeng Zhao. Given the exchange’s popularity, this demand for Zhao’s opinion has soared. During this particular podcast, we learn a bit more about how he got into...
FOMO MomentsAs we end the week crypto markets are still looking bullish and most coins are on the way up. Total market capitalization is now over $450 billion and Bitcoin has made more gains overnight. Currently trading at $9,600 BTC is up 3.8% on the day and is approaching...
It has been an interesting week for all ERC20 tokens. Despite their popularity, a fair few tokenswere vulnerable to a recently documented exploit. As such, the Binance exchange took matters into its own hands. By partnering with Quantstamp, a thorough audit of the platform’s listings was conducted. No issues...
Deutsche Bank has released its first-quarter net profits of €120 mln ($146 mln), down 79 percent from last year, CNBC reported today, April 26. The net profits make the  Frankfurt-based,148-year old institution less profitable than the world’ top crypto exchange, Binance. Less than a year old, and currently the world’s...
The CEO of Binance has announced that the exchange is partnering with Crypto Savanna, a Ugandan blockchain startup, to aid in the economic development of the East African country, according to a Twitter post.
The planet’s largest cryptocurrency exchange, Binance, has released a statement with regards to the legal proceedings brought against their founder Zhao Changpeng. The dispute is over an exclusivity agreement between Zhao and a venture capital group known as Sequoia Capital China.Exclusivity Agreement Was Unlawful and Thus Can’t Be EnforcedYesterday,...