Bitcoin faces a crucial weekly close, the mystery of coins moved for the first time in 11 years, and Times Square billboards call for the release of Ross Ulbricht. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation […]
Continue ReadingWhile Binance will support the Steem hard fork to freeze $6M in user funds, CZ offered support to additional forks. Changpeng Zhao, or CZ, the chief executive of top crypto exchange Binance, has issued a statement regarding the recent Steem hard fork that sought to freeze 23.6 million STEEM tokens associated with 64 wallet addresses. […]
Continue ReadingBinance taking the top spot on recently purchased CoinMarketCap has raised concerns among executives from other top crypto exchanges. For an industry that is supposed to be based upon decentralization, it appears to be getting crowded at the top, with a number of companies transforming into unspoken oligarchs, each wielding huge influence — or at […]
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Binance’s new Chinese website gets an approval from the China’s Ministry of Industry and Information Technology. Binance, the world’s largest cryptocurrency exchange and owner of crypto pricing website CoinMarketCap, is getting closer to one of the most crypto-sceptical jurisdictions in the world, China. After leaving the country amid a nation-wide crypto ban in 2017, Binance […]
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Did CZ inadvertently admit to being involved in the management of CoinMarketCap? In a recent tweet, Binance (BNB) CEO Changpeng Zhao (CZ) may have inadvertently admitted his involvement in the management of the recently acquired CoinMarketCap (CMC). Following in Elon Musk’s footsteps? Zhao’s tweet from May 14 seemingly admits his involvement in managing CMC: Source: […]
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Binance founder CZ sees the African continent as an untapped environment for exchanges to drive cryptocurrency adoption. Binance founder and CEO Changpeng Zhao, otherwise known as CZ, believes that the African continent holds some unique opportunities for cryptocurrency adoption and development. The Binance leader provided a number of interesting insights during an exclusive “ask me […]
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CoinMarketCap last year rejected the web traffic metric that has catapulted new owners Binance into the top spot. Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners Binance in the top spot. But this stands in stark contrast […]
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Binance froze ETH previously stolen from Upbit immediately after the suspicious transaction was reported. An address associated with the $50 million hack of South Korean crypto exchange, Upbit, has moved some of the stolen Ethereum (ETH) to Binance. The world’s biggest exchange immediately froze these funds on its platform, and has initiated an investigation. On […]
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In yet another expansion initiative, Binance adds support for deposits and withdrawals in South African rand. Binance, one of the world’s largest cryptocurrency exchanges, now supports direct transactions in South African rand. Users will now be able to deposit rand into their trading accounts in less than 30 minutes if their bank accounts support “Faster […]
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Binance CEO Changpeng Zhao and Ethereum co-founder Charles Hoskinson have taken gold bug Peter Schiff to task for his professionalized Bitcoin criticism. Binance CEO Changpeng Zhao and Ethereum co-founder Charles Hoskinson have taken gold bug Peter Schiff to task for his professionalized Bitcoin (BTC) naysaying. On May 6, Zhao, better known in the industry as […]
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