The Binance cryptocurrency exchange is offering a $250,000 equivalent bounty on the arrest of the hackers involved in the March 7th incident, Binance stated in an announcement March 11. According to the announcement, the first person to supply the information that results in a legal arrest, in any jurisdiction, will...
The largest U.S. cryptocurrency exchange Coinbase faces tough competition from Asian competitors Binance and OKEx, data revealed Monday, August 20, as its volumes drop almost 85 percent. Figures compiled by cryptocurrency industry newsletter producer Diar show that while Coinbase trading has tailed off dramatically since the start of 2018, Binance...
Malta, which has recently passed regulatory legislation concerning Blockchain, cryptocurrencies, and Initial Coin Offerings (ICO) in a bid to become a crypto-friendly “Blockchain island,” is welcoming major crypto exchange OKEx to the country, according to an OKEx press release published today, April 12. Crypto exchange Binance, the world’s largest exchange...
Malta approved three distributed ledger technology and crypto-related bills in their second reading in Parliament yesterday, June 26, according to legislative records from the plenary session. The approved bills include the Innovative Technology Arrangements and Services Bill, the Virtual Financial Assets Bill, and the Malta Digital Innovation Authority Bill. The...
Co-founder of Binance crypto exchange He Yi has dismissed the sci-fi-esque claims of a Chinese fintech media platform that his company has hatched a so-called “Genesis Plan.” The plan was to build Binance’s own blockchain-powered country on a private island, QQ News reports Wednesday, May 16. The fintech media outlet,...
FOMO MomentsMarkets are back in the red; Polymath is pumping but Cardano, EOS and Stellar are getting hammered.The bears have regained control of crypto markets and the selloff has accelerated today. Market capitalization has fallen further, dropping below $290 billion as altcoins get offloaded. Recent SEC rejection of the...
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...
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...
The founder of the planet’s largest digital assets exchange platform has been sued over two potential funding deals from different venture capital firms. Sequoia Capital allege that talks with IDG Capital in late 2017 violated exclusivity agreements between Binance and Sequoia.Binance in Violation of Exclusivity AgreementAccording to Hong Kong...
FOMO MomentsCurrent performing altcoins are Ethereum Classic, Binance Coin, Qtum and Bitcoin Diamond.The massive selloff that initiated with a huge crypto dump on Sunday has continued into the week. Monday saw further losses and those have been extended into today as markets continue to fall. Bitcoin has reached what...