Category: Binance
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Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter
Over the last few weeks, bitcoin cash (BCH) and the network itself have been shining brightly after a year of bearish sentiment and the blockchain split last November. Most notably, this month BCH has shown a significant increase in daily transactions, the price has doubled, and today the network has produced the second highest value…
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Malta-based exchanges account for majority of cryptocurrency trading volume
CryptoCompare’s March 2019 Exchange Review found that the previous month saw a 70 percent increase in volume from crypto-to-crypto exchanges. Crypto spot markets also saw a huge increase, leading many to believe that the dreaded crypto winter could finally be coming to an end. Key Developments In The Exchange Market The CryptoCompare review has long…
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Manipulation rampant on decentralized crypto exchanges says latest research
Multiple cases of “Flash Boys” type automated trading bots have been found working on decentralized exchanges. According to researchers from Cornell Tech, the aggressive market strategies employed by these bots enable manipulative practices that could significantly damage ordinary trading. Cornell Tech Research Paper Discovers Manipulative Trading Practices on Decentralized Exchanges While decentralized exchanges have been…
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Binance Research: bitcoin and cryptomarket have bottomed
After more than a year of a crypto bear market, there just may be light at the end of the tunnel. According to research conducted by Binance, we may have seen bitcoin and altcoins hit their bottom and begin the process of entering a new bull phase. The report titled ‘Investigating Cryptoasset Cycles” examined crypto…
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BSV Falls 13% After Binance Reveals Plans to Delist the Coin
On April 15, Binance announced that the trading platform will be delisting bitcoin SV (BSV). The removal follows the tendentious actions of Craig Wright over the last few weeks in which the BSV creator has sent libel lawsuit warnings to well-known digital currency proponents. Since the announced delisting, the price of BSV has fallen by…
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Craig Wright ratchets up legal fight, issues threats to critics including Ethereum co-founder Vitalik Buterin
[youtube https://www.youtube.com/watch?v=TglmWKJBTec&w=560&h=349] Craig Wright continued his campaign of serving legal threats to those claiming he is a fraud. Today, legal notices were served to Ethereum creator Vitalik Buterin and popular podcaster Peter McCormack. Craig Wright is an Australian computer scientist who claims, in the face of widespread skepticism, that he is Bitcoin creator Satoshi Nakamoto.…
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How some cryptocurrency exchanges incentivize wash trading
Exchanges are eager to increase their trading volume. Higher volume results in more liquidity, which attracts more traders and ultimately results in higher revenue. Although many in the industry have pointed out the flaws in these metrics, there is evidence that some exchanges are structured to encourage wash trading. Attracting New Traders A handful of…
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Could the IEO be the new ICO?
Initial coin offerings—once the favorite method to raise money from investors and crypto enthusiasts—is being ousted by newer, more promising initial exchange offerings. How do the two methods differ and who exactly benefits? The Downfall of ICOs Raising money was among the first thing cryptocurrency entrepreneurs figured out as the young industry developed. Initial coin…
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Binance partners with CipherTrace to enhance anti-money laundering compliance
Binance announced a partnership with CipherTrace, a blockchain security company, with the aim of enhancing the exchange’s anti-money laundering (AML) compliance program. World’s Largest Crypto Exchange Aims to Improve Its AML Compliance CipherTrace, a blockchain security company, is teaming up with Binance in order to help the exchange enhance its regulatory compliance. The companies will…