Blockchain cloud computing platform Oasis Labs announced July 9 that it has raised $45 mln from major investors as part of its plan to help companies adopt blockchain. In a press release, Oasis, which has University of California professor Dawn Song as its CEO and co-founder, described its plans to...
Binance, one of the world’s largest cryptocurrency exchanges, is showing its humanitarian side by donating $1 million to the victims in West Japan that were affected by the heavy rains on 7 July 2018. News outlets in the country have reported a death toll surpassing 70 people, with over...
In spite of a very unstable situation on the crypto market, the world’s largest virtual currency exchange expects $1 billion of profit this year. Though Bitcoin, Ethereum, and Ripple as well as many other smaller cryptos have significantly lost in their value this year, such a situation hasn’t had any...
The cryptocurrency market has dropped by over 70% since the start of the year, but the world’s largest crypto exchange is still expected to rake in a hefty profit.
Cryptocurrency exchange Binance “expects” profits to reach $1 bln in 2018, CEO Changpeng Zhao told Bloomberg in an interview today, July 6. Speaking as his platform recovers from a week of technical difficulties which saw trading temporarily suspended, Zhao revealed figures that defied the idea crypto exchanges’ success depends on...
A combination of irregular trades from API users on Binance and a set of Syscoin chained unconfirmed transactions led to media speculation that Binance had been hacked for $45 million. Binance has not been hacked, the irregular trades have been rolled back, and the Syscoin blockchain has not been...
Binance has now resumed services after it announced the suspension of all trading and withdrawals Wednesday, July 3. The temporary suspension was due to an alert over “irregular” Syscoin (SYS) trades “from a number of API users.” Binance subsequently chose to suspend trading, withdrawals and other account functions, as well...
Binance has suspended all transactions earlier this morning after a single Syscoin was purchased for 96 Bitcoin on the exchange.Syscoin Blockchain CompromisedInformation coming from both Syscoin and Binance twitter feeds confirm that Binance has halted all transactions and Syscoin has suffered an attack on their blockchain.As a precaution we...
CoinEx jumped past 70 exchanges in less than 24 hours as its trading volume rose from $5 million to $1.5 billion following its adoption of a controversial new trading policy. Since offering a version of the ‘trans-fee’ mining model, it has moved into first place by exchange volume.New Model...
Binance have announced their first cryptocurrency to fiat trading platform. It won’t be directly connected with their existing exchange platform, however. Instead, it’s being launched in the African nation of Uganda.Binance Uganda Launches with Promotions to Attract UsersThe new Ugandan wing of Binance will begin accepting registrations from today....