World’s largest cryptocurrency exchange Binance has announced that it is launching Binance Info 2.0, a dedicated new platform that aspires to be the most comprehensive and useful crypto rating database in the world.
The exchange said in a press release Sep 19, 2018, that it has already analyzed more than 1,400 coins and tokens as the project enter beta. A full-fledged launch is expected to follow in the coming months.
Continue reading Binance Announces own Improved Crypto Rating as Binance Info 2.0 Enters Beta
Ant Financial Services, Alibaba’s financial payments arm, has made public its plans to launch a blockchain-based Backend-as-a-Service (BaaS) platform. Making the announcement Jiang Guoefei, the company’s vice president, reiterated its strategy of opening its technologies for commercialization.
Continue reading Ant Financial Unveils Plans to Rollout Blockchain Service Platform BaaS
While the New York Attorney General’s report on cryptocurrency trading platforms certainly landed a powerful blow in favor of the regulators, the report could dial up pressure on the exchanges to move toward greater transparency and better consumer protection, the MIT Technology Review reported on September 20.
Continue reading New York Attorney General’s Criticism of Exchanges Might Be Beneficial to the Industry
Another major security breach has rattled the Japanese cryptocurrency space. Zaif, a cryptocurrency exchange operated by the startup Tech Bureau confirmed Sep 20, 2018, that it fell victim to a cyberheist with the perpetrators getting away with no less than 6.7 billion yen (approximately $60 million).
Continue reading Japanese Cryptocurrency Exchange Zaif Admits it was Hacked, Promises Refund to Affected Traders
The notion of privacy is a prevalent force within the cryptocurrency community.
Whether someone is a seasoned trader or a new holder of cryptocurrencies, the right to keep their transactions private from the view of the entire blockchain and possibly from the extensive vision of the authorities is something that most users advocate for actively.
Continue reading What is Komodo? Complete Review
Three of the cryptocurrency exchanges that help power CME Group Inc.’s Bitcoin futures market have raised red flags with New York state regulators, with the state’s chief legal officer accusing them of operating illegally, Bloomberg reported on September 18.
Continue reading New York Attorney General Calls out CME’s Crypto Exchanges, Says They Might Be Operating Illegally
There are now several thousand blockchain projects, which is amazing when you consider that the first, Bitcoin, began less than 10 years ago. Out of those thousands, several have risen to the top and NEM, which stands for New Economy Movement, is one of those top altcoins.
Continue reading A Comprehensive Beginner’s Guide to NEM: Complete Review
U.S.-based crypto and conventional assets trading firm Robinhood entered the market with a promise to disrupt the brokerage industry by offering commission-free trading.
While the company has been moderately successful on that front so far, now it looks like a large part of that success has come at the expense of millennials, an age-group that has the highest contribution in making Robinhood immensely popular.
Continue reading Debunking the Case of Zero Commission on Robinhood: If You Don’t Pay for It, You’re the Product
As wonderful as trading in cryptocurrency can be, there is some drawback as well.
One of the concerns in the cryptocurrency segment is that of liquidity. This is one aspect that can certainly see some improvement.
It is a well-established notion that funds converted to cryptocurrencies are not as liquid as traditional assets.
And that is the problem which BitShares intends to solve.
Continue reading What is BitShares? Complete Review
Japanese financial giant SBI Holdings plans on launching a mobile payment app that will use Ripple’s distributed ledger tech, the company’s CEO announced in a September 12 tweet.
Continue reading Ripple’s New MoneyTap App Wants to Revolutionize Bank Transfers in Japan