Binance acquires CoinMarketCap – here’s why
Binance has officially announced its purchase of CoinMarketCap “for an undisclosed sum”, thought to be up to $400 million in a cash and share deal. CMC founder Brandon Chez is immediately out to “focus on his family” and will be replaced as interim CEO by current CMC Chief Strategy Officer Carylyne Chan.
Steemit takes control as exchanges reject a hostile takeover
The Valentine's Day sale of Steemit to Justin Sun has already turned sour with several high profile crypto entrepreneurs having to learn a lesson about decentralization.
Yahoo! Japan Subsidiary, TaoTao, and Binance move towards a strategic partnership
Z Corporation Inc., a subsidiary of Yahoo! Japan, the TaoTao exchange and Binance are in negotiations to serve the Japanese market.
Binance.US adds staking for Algorand and Cosmos
The U.S. based crypto exchange Binance.US will introduce staking rewards for Algorand (ALGO) and Cosmos (ATOM) in February.
China speculation runs wild as Binance plans Beijing office
Binance, which has built several outposts around the world since being banned from serving Chinese traders in 2017, is thought to be returning to the mainland with a new office in Beijing.
Binance adds new Staking Platform
As the staking economy grows, an increasing number of cryptocurrency exchanges are creating dedicated staking services to maintain users.
Binance U.S. opens account registrations
With U.S. users no longer able to access the original Binance platform, the fast moving crypto exchange is opening a compliant exchange for its large U.S. user base.
The rise of Crypto lending
As lending services migrate from financial institutions to the blockchain, new contenders are challenging legacy players with easy credit, versatile forms of collateral, and attractive interest rates.
Binance will test two futures trading platforms
Binance has announced the launch of two futures testnet platforms. 10,000 BNB will be given away to users that participate in the simulated trading competition designed to help Binance optimize its futures platform.
Stablecoin economy set for continued growth
The stablecoin ecosystem is rapidly evolving — with banks, big tech, and crypto startups all clamoring to offer blockchain-based versions of fiat currencies.
Binance sizes up BitMEX with Futures plans
Binance is set to introduce futures contracts, continuing an impressive rollout of products that give traders the ability to bet more with less capital.
Exchanges’ response to Bitrue hack shows maturing industry
In a sign of increasing sector maturity, crypto exchanges have worked together to mitigate the damage of the June 27th Bitrue hack.
South Korea puts exchanges on the hook for losses
Emerging from the wake of the 2008 financial crash, Bitcoin promised an alternative to bailing out central banks. But all too often, Bitcoiners have found themselves paying for the mistakes of crypto exchanges, which continue to get hacked.
Binance marks second birthday with US expansion
Exiled from China, and with several locations around the world, Binance is famous for nimbly sidestepping regulations. After announcing that it would soon begin blocking services to US citizens on its existing platform, Binance now intends to create a fully compliant Binance division based in the US to serve US-based traders.
The stablecoin market is booming
During the last 12 months, the stablecoin ecosystem has seen rapid growth. Now several new contenders are challenging market leader Tether, promising new levels of transparency and security.
New report makes case for greater regulatory oversight of crypto asset sector
A new report by blockchain intelligence firm CipherTrace provides insights into the state of the global crypto asset sector. The Q1 2019 Cryptocurrency Anti-Money Laundering Report makes the case for increased regulatory oversight as the industry matures.