Changpeng Zhao, the co-founder and CEO of major crypto exchange Binance, did not appreciate the public help offer of the CEO of competing exchange OKEx, Jay Hao. Changpeng Zhao, the co-founder and CEO of major crypto exchange Binance, did not appreciate the public help offer of the CEO of competing exchange OKEx, Jay Hao in […]
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After launching Nigerian Naira deposits in October 2019, Binance adds support of NGN as its first African currency for P2P trading. As part of ongoing fiat-to-crypto expansion, major cryptocurrency Binance is adding support for the Nigerian Naira (NGN) on its peer-to-peer (P2P) platform. Binance P2P, a consumer-to-consumer business arm of Binance exchange, is rolling out […]
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A Protocol Labs General Council member bashed the current crypto tax scene at a recent congressional hearing on blockchain tech. In a United States congressional meeting titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” one of the testifying witnesses called out current cryptocurrency taxation expectations for their overbearing complexity. “Doing […]
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Over 15% of existing Bitcoins have not moved in 12 to 18 months, showing that the whales who accumulated during the 2018 bear trend are hodling. More than 15% of the existing Bitcoin (BTC) supply has not moved in 12 to 18 months. This confirms that the second half of 2018 was an accumulation season, […]
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An Argentinean lawmaker has been studying the possibility of bringing a government-backed cryptocurrency for Mendoza. Josefina Canale, Argentina’s lawmaker, has declared through her personal Twitter account that she is in favor of creating an exclusive cryptocurrency for the city of Mendoza, which would be backed and monitored by the local government. The lawmaker adds that […]
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Several cryptocurrencies are stuck in a range but if bulls can break above the range several buying opportunities will be open for traders. Grayscale Investments managing director Michael Sonnenschein said that “Bitcoin itself has solidified its role as a store of value or as a digital gold.” In his conversations with institutional investors, Sonnenschein explained […]
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Bitmain cofounder-backed crypto firm Matrixport has announced a new funding round aiming to raise as much as $140 million. Bitmain cofounder-backed crypto trading platform Matrixport has announced a new funding round aiming to raise as much as $140 million at a post-investment valuation of $300 million. Singapore-based Matrixport revealed its fundraising plans to investors in […]
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A theory has emerged that miners tend to sell before the halving to accumulate enough Bitcoin to finance their operations. The price of Bitcoin (BTC) has dropped right before and after the two previous block-reward halving events in 2012 and 2016. BTC is demonstrating a similar trend approaching the May 2020 halving. A theory has […]
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Why art needs blockchain. Following its inception, blockchain technology quickly found an application in the art sector, making art objects more accessible while changing methods and approaches to their creation and perception. This gave new opportunities for collectors, art galleries, museums, art brokers and artists. Brief introduction to the history of blockchain technology in the […]
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The newest financial tech can be backed by one of the most ancient and important precious metals. Is it a step forward or a step back? Gold has been regarded as an eternal value since times immemorial. This shiny metal still acts as a store of value — especially in countries like India. Due to […]
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