Bitmain co-founder Jihan Wu claimed that he was removed from the company without his consent and has said he will return, by legal methods if necessary. Micree Ketuan Zhan, the co-founder of major Chinese Bitcoin (BTC) mining hardware producer Bitmain, claimed that he was removed as a legal representative of the company without his consent. […]
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Square’s Cash App reports that first-time Bitcoin buyers almost doubled in Q3 2019, despite the low profit margin on BTC sales. According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business. On Nov. 6, payment processing giant Square issued a […]
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Trading strategies that yield consistent profit can be hard to find but crypto analyst PlanB says it’s possible to gain 7-10% per year from Bitcoin. Trading crypto assets, or any market for that matter, is a zero-sum game. When one person wins, someone else must lose, making trading highly competitive. That being said, consistently profitable […]
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The Ministry of Digital Transformation of Ukraine and Binance plan to collaborate on the creation of new virtual assets in Ukraine. Major global crypto exchange Binance will collaborate with Ukrainian authorities to establish cryptocurrency-related legislation in the country. Potential legal status of cryptocurrencies in Ukraine Binance has signed a memorandum of understanding (MoU) with the […]
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Even though BitMEX is trying to brush aside its recent email leak, many industry personnel seem to think the matter is serious. On the first day of November, it came to light that popular crypto derivatives exchange BitMEX had accidentally leaked sensitive data related to its users, which occurred as a result of the company failing […]
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After a lackluster debut, Bitcoin futures trading on the Intercontinental Exchange Bakkt platform is now seeing consistently rising interest from institutional traders. Bitcoin (BTC) futures trading on the Intercontinental Exchange Bakkt platform is seeing a considerable rise in average daily volume so far this month compared to September and most of October. Volumes yesterday, Nov. […]
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Research claiming one Tether wallet partly sparked Bitcoin’s 2017 all-time price high misunderstands markets, says Jeremy Allaire, among other reasons. Bitcoin (BTC) price highs in 2017 were not the result of a single trader on an exchange, the CEO of payment company Circle claims. In a series of tweets on Nov. 4, Jeremy Allaire disputed […]
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CipherTrace’s support for BNB and Binance Chain will not affect Binancians’ security and data protection, Binance COO Samuel Lim says. American blockchain security firm CipherTrace will provide Anti-Money Laundering (AML) controls for Binance Chain and its native asset Binance Coin (BNB). CipherTrace to increase AML checks on Binance Chain Binance Chain, a public blockchain of […]
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The lessons: Make it relevant. Prioritize user experience over perfection. For most blockchain-enabled products and services, achieving mainstream adoption has been a nearly impossible goal. Even the most celebrated projects in the crypto ecosystem struggle to expand their community beyond blockchain-savvy users. Augur, the famous betting protocol whose REP token peaked with a market cap […]
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The largest cryptocurrency Bitcoin forms a clear lead over other options for a ten-year investment, with gold in second place and fiat firmly losing. Almost 60% of 70,000 people would take Bitcoin (BTC) over fiat currency as a long-term investment. That was according to a new survey on Nov. 4 by Ron Paul, the ex-Texas […]
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