The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender. New data from CryptoQuant, an on-chain analytics firm, shows $113 million worth of Binance USD (BUSD) has flowed into Binance exchange over the past week. This means BUSD stablecoin now has the highest […]
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China’s BSN is moving forward with its plans. China’s Blockchain-based Service Network (BSN), a cross-cloud, cross-portal, and cross-framework global public infrastructure network, is adding three more well-known public blockchains into its ecosystem. He Yifan, CEO of Red Date Technology, the private company behind the BSN, told Cointelegraph that the network is at its second stage […]
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‘100% coverage is our goal,’ said Binance US. New legislation may make it possible for Binance US, the American branch of crypto exchange Binance, to open its doors to all traders in every state by next year. According to a Sept. 15 tweet from Binance U.S. CEO Catherine Coley, the digital asset marketplace has just […]
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What could the rockstar be cooking up for the blockchain industry? Responding to a tweet from Cameron Winklevoss, co-founder of the Gemini crypto exchange, rock star Gene Simmons said he plans to make Bitcoin (BTC) and Ethereum (ETH) more easily accessible. “It’s easier to buy Bitcoin and Ether if you are already in the old […]
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The fintech firm was supposed to reinstate its CFTC registration after 12 months of no trading but will not have to face an enforcement action. The United States Commodity Futures Trading Commission will still be allowing New York-based fintech firm Tassat to proceed with its Bitcoin swap contracts after failing to meet regulatory requirements. According […]
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CNBC Mad Money host Jim Cramer plans to invest 1% of his net worth in Bitcoin because “gold is dangerous.” Recently, Jim Cramer, the host of CNBC’s Mad Money, says he might invest 1% of his net worth in Bitcoin (BTC). The famed investor drew comparisons between BTC and gold and cited the importance of […]
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The company hopes to solve issues that were prevalent on its previous mainnet. IGGalaxy is migrating away from Tron and onto the Matic Network. They hope that this move will allow their platform to go mainstream, while simultaneously avoiding what they referred to as “performance constraints of the Ethereum mainchain.” IGGalaxy’s incentive-based economy offers tokens […]
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Another remnant of 2017 gets hit by regulation. Unikrn, an initial coin offering, or ICO, from 2017, faces action from the U.S. Securities and Exchange Commision, or SEC. The SEC has accused the startup of running its ICO without going through the proper legal channels, based on a Sept. 15 statement from the regulating body. The […]
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Game theory suggests ways for Ethereum Classic to deter double-spend assaults, say MIT researchers. The recent 51% attacks on Ethereum Classic (ETC) have raised fresh questions about the security of proof-of-work blockchains. Not only has ETC been attacked three times within a month, but these assaults have been enabled with rented hashrate power. One of […]
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Yoshihide Suga is set to replace retiring PM Shinzo Abe. Yoshihide Suga has made few public statements on digital currency, but his stance on taxing crypto assets may prove to be the most insightful. The 71-year-old is set to become the country’s new prime minister after being voted in as the leader of Japan’s Liberal […]
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