On March 10, the market cap of the Binance Dollar (BUSD) for the first time reached a $100 million mark propelled by a 400% monthly growth. On March 10, the Binance Dollar’s (BUSD) market cap crossed the $100 million mark. This is the first time that the stable coin, created in partnership between Binance and […]
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The Blockchain Africa conference is underway despite reduced attendance in Johannesburg due to Coronavirus concerns. The Blockchain Africa conference kicked off on Wednesday in Johannesburg, South Africa, despite rising concerns about the Coronavirus outbreak. South Africa’s first cases of COVID-19 were confirmed at the beginning of the month. As of March 11, thirteen South Africans […]
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Should crypto exchanges follow traditional exchanges and implement circuit breakers? Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit. Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index […]
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The world’s top 10 billionaires lost a combined $37.7 billion due to the crash of the stock market on Monday. Amid intensifying fears over the coronavirus, the United States stock market saw another historic day causing whopping losses for the world’s richest people. On March 9, the U.S. stocks experienced another dismal day, with major […]
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The TRON founder Justin Sun, who recently bought Steemit, would have too much power: Would it start the centralization within the community? Over the last few days, the centralization versus decentralization row has erupted in earnest. In case you missed it, the activities of Tron founder Justin Sun following his takeover of blogging site Steemit […]
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Early reports say European bank BNP Paribas has blocked transfers to Coinbase, citing “fraud, malware and scams.” Initial findings show French international banking group BNP Paribas is blocking customers from sending funds to major crypto exchange platform Coinbase. The block seems to have been initiated this week, although transfers functioned normally during the week of […]
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Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. In its letter posted on March 10, Binance affirmed […]
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Kraken is planning to strengthen its presence in India following the Supreme Court’s recent verdict opening up cryptocurrency use in the country. The U.S. based crypto exchange Kraken will start to increase its operations in the Indian market following the recent ruling of the country’s Supreme Court to lift banks’ banning to do business with […]
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As the blockchain industry becomes mainstream, more women are getting involved in the market, making it no longer a men-only business. On Dec. 4, Bitcoin (BTC) fund operator Grayscale published the results of a study that showed 43% of respondents interested in BTC investments turned out to be women. Today, half of Binance’s employees are […]
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The crypto markets have turned down sharply over the weekend and are threatening to wipe out all the gains made in 2020. Crude oil prices plunged about 30% on Monday to the lowest levels seen since Feb. 2016. This triggered a sell-off in global equity markets, which were already reeling under the pressure of a […]
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