One of the world’s largest exchanges, Binance, has just revealed that it will be supporting Icon’s (ICX) mainnet within the upcoming week.Binance Supports Icon Mainnet SwapBinance has finally announced that it will be swapping the ICX ERC-20 tokens for the official mainnet coins, five months after the official release...
Venture capital firm Sequoia is suing Zhao Changpeng, the CEO and founder of Binance, currently the world’s largest cryptocurrency exchange by trade volume, for allegedly breaching an exclusivity agreement during negotiations for an investment deal which broke down last year, Bloomberg reported April 25. Sequoia has now appealed to Hong...
Check out three trading tips for those interested in crypto investing, and welcome Blue Whale Network, a new decentralized ecosystem for the self-employed,which brings a new meaning to crypto ‘whales.’ We’ve been enjoying a significant upturn in the crypto-markets over the past week or so, and this has been observed...
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...
Binance founder and CEO Changpeng Zhao has taken to Twitter to express his disappointment to what he called “irresponsible journalism” and to reassure Binance customers that there is no conflict between the regulations of the Japanese Financial Services Agency and his company. Changpeng Zhao Responds on Twitter to “Irresponsible Journalism” As previously reported...
Malta has made it obvious that it wants to become the “Blockchain island” and it seems determined to achieve its goal. A notable confirmation that Malta is moving in the right direction regarding Distributed Ledger Technology (DLT) regulation was the recent announcement by Binance. The largest cryptocurrency exchange in the...
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...
What is a Centralized Cryptocurrency Exchange? It is an online platform and most common way to trade cryptocurrencies. This includes buying/selling cryptocurrencies with fiat (fiat/crypto paring) as well as buying/selling cryptocurrencies with other cryptocurrencies (crypto/crypto pairing). They can be viewed as an online marketplace for the entire cryptocurrency network. What does it...
Suspension of trading activities due to an update on Binance sparked confusion of hacking. However, the update is done and trading has resumed to normal again. Earlier this week, on Wednesday, Feb 7, a lot of confusion was spurred out in the crypto market after popular cryptocurrency exchange ‘Binance’ suspended...
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,...