Category: Binance
-
First Major Bitcoin Cash ICO Raises $30M in Record Time
On Oct. 8, 2018, the blockchain firm and mining pool Viabtc finished the first high-value initial coin offering (ICO) using the Wormhole protocol and Bitcoin Cash chain. According to exchange data, the Viabtc Token ICO raised US$3,700 per second capturing a total of $30 million in 2.2 hours. Also Read: Electron Cash Developer Reveals In-Wallet BCH…
-
Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most Staff
Recent updates show that with the cryptocurrency markets performing far from how they did a year ago, some exchanges have failed to adapt to the current situation. For example, one U.K. firm is reportedly set to fire most of its employees. Yet other exchanges are still going strong, breaking into new territories and adding new…
-
Binance Labs Led Investment in CertiK, Contributed “Millions” to Making Blockchains Bug-free
Binance Labs, the incubation and investment arm of the world’s largest cryptocurrency exchange by daily volume, Binance, has divulged its position as lead investor in blockchain and smart contract verification startup CertiK—months after revealing the project as one of its premiere investments. Announced in a press release by New York-based CertiK, Oct. 8, Binance Labs…
-
Binance Exchange to Replace Token Listing Fees With Donations
The popular Binance exchange has decide to replace its token listing fees with donations. The move follows a recent wave of strong criticism against cryptocurrency exchanges for the supposedly excessive fees they charge projects. Also Read: Binance Wants to Invest in Africa, Reaches Out to African Projects Donations Instead of Fees The Binance exchange has…
-
Binance to Disclose All Listing Fees and Donate Proceeds to Charity
In a stunning move, Binance, the world’s leading cryptocurrency exchange by daily volume, has announced it will be publicizing all listing fees and donating the entirety of proceeds to charity with immediate effect. As per an Oct. 8 press release by the founder and CEO, Changpeng ‘CZ’ Zhao, cryptocurrency projects will now propose a listing…
-
Malta’s Rise to Crypto Prominence, E.U. Proximity Helps Island-State Lead Blockchain Revolution
Malta is emerging as a prominent force in the world of cryptocurrencies. The European island-state has surprised many this year with its continual positioning as a “blockchain economy,” and is now edging over Gibraltar, another economy banking on blockchain for a resurgence, due to the latter’s shaky relationship with the European Union. As reported by…
-
Startup Raises $2.5M From Binance to Help Australia’s Airports to Accept Crypto
Binance, the world’s largest cryptocurrency exchange by daily trading volume, has invested $2.5 million in TravelbyBit, a startup supported by the government of Australia to operate crypto point-of-sale (PoS) systems at the country’s airports. At selected airports including Brisbane, the capital of Queensland, cryptocurrency users will now be able to utilize major digital assets like…
-
Prime Minister of Malta: Crypto is the Inevitable Future, ‘Blockchain Island’ is a Calculated Risk
At the United Nations General Assembly, Joseph Muscat, Prime Minister of Malta, announced that crypto is the inevitable future of money. Serving as Prime Minister of Malta since 2013, Muscat has recently been an influential figure in the blockchain space. At the UN General Assembly, Prime Minister Muscat said: “I passionately believe technology revolutionizes and…
-
Markets Update: Digital Asset Consolidation and Accumulation Continues
On Saturday September 29, cryptocurrency prices are meandering along after an interesting two weeks of ups and downs. Since last week’s crypto market dips, digital asset markets have been seemingly less volatile and many cryptocurrencies are following a tight wedge formation indicating a possible accumulation phase. Also read: Ebang Announces 44 Terahash E-11 Miners With 10nm…
-
Exchanges Roundup: Ledgerx Readies ETH Futures, Coinbase Partners With Caspian
In recent news pertaining to cryptocurrency exchanges, anonymous sources have stated that Ledgerx is preparing to launch ETH futures trading, Coinbase has announced a partnership with Caspian intended to target institutional investors, and the chief executive officer of Binance has shared his opinions regarding “trans-fee mining” and decentralized exchanges. Also Read: European Regulator Renews Restrictions on…