Category: Binance
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Crypto Traders Rush to Revamp Their Security After Bitmex Dox
The world’s largest crypto derivatives exchange Bitmex has accidentally doxed tens of thousands of its users. An email newsletter concerning forthcoming updates to Bitmex indices CC’d a large proportion of the company’s mailing list, exposing the addresses of its users to the public. In a second embarrassment, Bitmex had its Twitter account hacked shortly afterward.…
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Exchange Tokens Have Outperformed BTC This Year
Few crypto assets have outperformed bitcoin this year, but the handful that have are predominantly exchange tokens. Their success attests to that of the token sale launchpads they have hosted, which have in turn driven demand for exchange tokens. But as IEOs start to wind down, can exchanges sustain the momentum, or will BTC recapture…
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Speculation Abounds Over the Cause of Bitcoin’s Recent Rally
Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady, suggesting this rally is not just a flash in the…
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Binance.US to list its 21st cryptocurrency, Waves
Binance.US, the US-based arm of crypto exchange giant Binance, has continued its aggressive listing policy announcing it will be adding support for the native token of the Waves smart contract platform, WAVES, on the 29th of October. According to a blog post by the San Francisco-registered firm, users can now start depositing Waves on Binance.US…
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Two years from now, the crypto exchange landscape may look very different
Exchanges beware: crypto evolves rapidly, and provides no shelter for complacency. That was the clear warning that could be drawn from James Todaro, Managing Partner of Blocktown Capital, who earlier this week shared a timelapse video on his Twitter feed that charts the changing fortunes and trading volumes of seven industry big-hitters over the course…
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As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach?
The U.S. remains a challenging environment for centralized cryptocurrency exchanges, with major players significantly scaling back their operations and others heading for the door. The most recent casualty of America’s stringent regulatory climate is one time market-leader Poloniex, which has “spun out” from parent company Circle, spinning out of the U.S. market in the process…
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Binance.US surpasses $10 million in daily trading volume, less than one month after launch
Catherine Coley, the CEO of Binance.US announced on Twitter that the American subsidiary of Binance surpassed $10 million in daily trading volume for the first time. Slowly, but surely! It has been a busy first month. Thank you for trading on https://t.co/NDRVQIXfNf! #AchievementUnlocked #BUIDL #UsersFirst ?? https://t.co/LLewsd3yi2 — Catherine Coley (@cryptocoley) October 23, 2019 https://platform.twitter.com/widgets.js…
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Binance.US lists IOTA and its price continues consolidating
Binance.US announced that it will be listing IOTA on its retail platform for U.S. cryptocurrency investors. IOTA is a permissionless distributed ledger technology built by the IOTA Foundation. It consists of a stream of individual transactions entangled together. The protocol aims to facilitate the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT) by creating a fee-less,…
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Binance Exec: Bitcoin futures volume rose significantly in 2019, as it raises leverage to 125x
Speaking to CryptoSlate in an exclusive interview, Binance Futures Director Aaron Gong said that the Bitcoin futures volume in 2019 increased significantly, expressing confidence in the long term trend of the market. Earlier this week, on Oct. 18, Binance Futures increased the maximum leverage of BTC/USDT (Tether) to 125x, offering a leverage that is higher…
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Binance.US users can now trade Algorand (ALGO) and Zcash (ZEC)
Binance.US, Binance’s crypto trading created exclusively for customers in the U.S., announced that it had listed two new cryptocurrencies–Algorand (ALGO) and Zcash (ZEC). Deposits for the two new cons are currently open in preparation for trading, which will open on Oct. 17 at 9:00 pm EST. Two new trading pairs added to Binance.US Customers in…