Amazing Crypto

Category: Binance

  • As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted

    Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw his bitcoin because the exchange told him he used the mixing…

  • A Bitcoin War Is Brewing Over KYC

    A Bitcoin War Is Brewing Over KYC

    Every year, Bitcoin faces a new foe intent on crippling it by undermining the foundations it was built upon. From mining cartels to developer disputes, Bitcoin has faced a barrage of threats over the past decade. When it’s not internecine conflict taking its toll, it’s external forces including politicians and regulators seeking to exert control.…

  • Getting In and Out of the Cryptocurrency Economy Can Be Costly

    Getting In and Out of the Cryptocurrency Economy Can Be Costly

    Since bitcoin and digital currencies have become popular, fiat on and off-ramps have sprung up that allow investors to enter and exit the cryptoconomy. However, many of the entryways into cryptocurrency markets have a hefty fee between 1-4% of the overall purchase and in order to obtain fiat for crypto the fees are just as…

  • Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020

    Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020

    12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual contracts, and a matching engine capable of handling 100,000 tps,…

  • BCH Is An A-Class Crypto for Auditability

    BCH Is An A-Class Crypto for Auditability

    Crypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditability. Taking into account node operation, synchronization, normal operation, code audit and extraction of ledger data, the top 10 cryptocurrencies by market cap were ranked. These were also ranked on ease of ledger reconstruction,…

  • Cryptocurrency Exchanges Are Fighting to Escape Binance’s Shadow

    Cryptocurrency Exchanges Are Fighting to Escape Binance’s Shadow

    It’s impossible to assess the cryptocurrency landscape without considering Binance. It looms large over the industry, dictating trends, soaking up liquidity, and compelling new exchanges to fight tooth and nail for market share. Most exchanges aren’t gunning to become the next Binance. But they must all exist in its shadow while striving to carve a…

  • Binance to launch fiat-to-crypto services in India after acquisition of Mumbai-based crypto exchange

    Binance, one of the world’s largest cryptocurrency exchanges by daily volume, has announced the acquisition of major Indian crypto exchange WazirX and plans to launch fiat-to-crypto services in India within days. According to a blog post Thursday by Binance, India-based users will be able to purchase and sell crypto using Indian Rupees (INR) on Binance…

  • Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement

    Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement

    According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. Also Read: French Ministry of Education Publishes Bitcoin Resource Guide for Educators Maker’s Multi-Collateral Dai Will Launch November 18…

  • Binance Coin (BNB) utility is growing exponentially and its price may follow

    The following analysis will explore how the number one utility token in the cryptocurrency industry, Binance Coin (BNB), is providing value to its users and the impact that this could have on its market value. Utility Tokens Utility tokens are gaining popularity as some of the top cryptocurrency exchanges in the space are employing them…

  • Crypto exchange legalization in China is not true says Binance CEO

    Crypto exchange legalization in China is not true says Binance CEO

    Binance CEO Changpeng Zhao has clarified that rumors circulating about the “legalization” of crypto exchanges is simply misleading. Crypto exchanges in China not “legalized” says Binance CEO (source: Changpeng Zhao Twitter) Not a crypto exchange license but a generic business registration On Oct. 30, an analyst claimed that a photograph of a cryptocurrency trading license…