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...
Leading global cryptocurrency exchange Binance has recently partnered with Ugandan Blockchain organization Crypto Savannah in order to support economic development of the East African country, according to a tweet from Binance CEO Changpeng Zhao April 22. @binance will partner with @cryptosavannah @AggieKonde @HelenHaiyu to support Uganda's economic transformation and youth...
The world’s largest cryptocurrency exchange, Binance, has announced that it is planning on opening an office in the warmer climes of Malta. Founded last year in Hong Kong by Changpeng Zhao, the exchange moved its operations to Japan in response to China’s ban on crypto activities last September. Now, it...
Binance has created a one billion dollar investment fund to support companies they see as beneficial to the future of the developing crypto technology in hopes of cleaning out the schemes and scams using ICO’s and cryptocurrency.Cleaning up the Crypto SpaceElla Zhang, a graduate of the Stanford School of...
According to a tweet today by @BTCVIC (BTC Trader Telegram Group) that links to a screenshot from Japanese financial newspaper Nikkei’s terminal, Japan is set to issue a warning against crypto exchange Binance, according to a report from the news outlet Nikkei, March 22. Binance, the number one exchange by...
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...
Earlier this month, cryptocurrency trader Sylvain Ribes investigated into the volumes of most small-scale cryptocurrencies and discovered that the trading volume of OKEx, the fourth largest cryptocurrency trading platform in the world, is mostly inflated. Inflated volumes Ribes, who initially set out to conduct a study on the liquidity of cryptocurrencies...
Recap: Binance Attack On March 7th, the second-largest cryptocurrency exchange by market cap, Binance, almost fell victim to large-scale attack. According to the company, the attack — which took place over just a two minute period — was part of a well-organized phishing and stealing attempt. Fortunately,  when all was said and done,...
Bitcoin prices lost around 4 percent Thursday, March 22 and altcoins followed after a controversial regulatory problem at cryptocurrency exchange Binance unsettled markets. BTC/USD rose above $9000 March 20 and found broad support at that level before news involving Binance and Japanese regulators sent prices tumbling by $500 in hours. BTC...
The Binance exchange continues to make a lot of headlines. After its migration to Malta, the company has now struck a major partnership. Their new venture together with Changelly will result in more tokens, better rates, and faster transactions for users. It is symbolic how this partnership came to...