Top crypto exchange Binance has launched its mining pool, however, the crypto community is concerned about the centralization of hashing power. Leading cryptocurrency exchange Binance launched its mining pool “Binance Pool” on April 27. The pool will operate with zero fees until May 31, after which the rate will be set at 2.5%. The press […]
Continue ReadingCheck the bad crypto news of the past week. It’s been a good week for Bitcoin. After languishing at around $6,700, the cryptocoin is up more than 6 percent over the last week to take it above $7,000. And the next halving is now less than three weeks away. Changpeng Zhao is looking further ahead. […]
Continue ReadingMajor mining chip manufacturer Ebang has filed for an IPO in the United States. Major Bitcoin (BTC) miner manufacturer Ebang has filed for a $100 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). Ebang is seeking to distribute Class A ordinary shares at a face value $of 0.00013 per […]
Continue ReadingThe coronavirus pandemic is a make-or-break situation for crypto banks as many see opportunities despite the obvious setbacks. As 2020 staggers on, the scourge of the coronavirus is showing no sign of relenting any time soon. Since the reality of the pandemic took hold, it has revealed itself to be a black swan the likes […]
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Huobi Token has become the first international exchange token approved in Japan, as regulators tighten up protections for crypto investors. Huobi Token has become the first international exchange token approved by Japanese regulators, after the Financial Services Agency (FSA) approved HT as a compliant crypto asset able to trade in the world’s second largest digital […]
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Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance. Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance. According to an announcement on April 23, Bundle now allows its users to request, send and receive cash or crypto from their peers […]
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Blockchain technology is becoming more and more common in the traditional finance market with stablecoins and CBDCs — could these bring stability for the crypto industry? Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the […]
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A Shell-backed blockchain startup has raised $2.5M to build an enterprise platform featuring zero-knowledge proofs. Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions. The funding round was led by Hong Kong-based venture capital, […]
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A behind-the-scenes look at the impact to and recovery from China’s blockchain industry following the initial coronavirus outbreak. The COVID-19 pandemic is threatening to plunge the world into the deepest crisis since the Great Depression and could deprive global economies of $5.5 trillion over the next two years. China’s economy shrank for the first time […]
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The Industrial and Commercial Bank of China has a lot of positive opinions on blockchain technology. The Industrial and Commercial Bank of China (ICBC) has released a white paper on blockchain technology applications in finance. According to Sina Finance, the paper is the first of its kind in the banking sector. The document analyzes the […]
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