How the World’s Largest Crypto Exchange Helped Usher in the Dawn of a Currency Revolution

The world’s largest crypto exchange, Binance, is flush with massive profits from its operations in 2018, estimated from buybacks of its BNB token to total $446 million. Although Bitcoin is trading at a loss over the last 12 months, transaction volume has been steadily increasing over the last year, so Binance has been busy. “To …

The World’s Largest Crypto Exchange Will Let you Buy Bitcoin With Credit Cards

Binance, the world’s largest crypto exchange by daily trading volume, enabled credit card payments on its platform to allow users to purchase Bitcoin and other major crypto assets using Visa and Mastercard. The integration of credit card payments into the Binance trading platform comes after Binance CEO Changpeng Zhao (CZ) emphasized the importance of fiat …

Leaked Crypto Exchange User KYC Data Doesn’t Affect Our Accounts: Binance

By CCN: Binance, the world’s leading cryptocurrency exchange, has recently put out a statement claiming that the leaked cryptocurrency exchange user know-your-customer (KYC) data isn’t from its users, as it uses digital watermarks on every user picture it collects. Recently, CCN revealed a hacker going by “ExploitDOT” was selling leaked KYC data from cryptocurrency exchange …

Binance Extends Support For Larger Trading Firms With New Sub-Account Feature

Binance has released what it describes as a “long-awaited” feature on its exchange, sub-accounts. Sub-accounts will be accounts that do not have full control over the assets in the trading account – ideal for trading firms who are looking to get into cryptocurrency and firms that are already trading in cryptocurrency with multiple desks. At …

Is Tether Trying to Price Itself out of the Stablecoin Wars?

Bitfinex recently moved toward “Tether neutrality,” breaking its special bond with Tether (wherein it was the most reliable way to redeem USDT for USD) and in turn, Tether, with nearly $2 billion it outstanding units, had to re-establish direct redemption for USDT holders to USD. Those still wanting to use the Bitfinex method will have …

Binance is Legitimizing Crypto Market by Eliminating Money Laundering

Binance, the world’s largest crypto exchange, has voluntarily engaged in an initiative to eliminate money laundering on its platform. For years, despite the inherent lack of privacy measures on major public blockchain networks like Bitcoin and Ethereum that discourage the settlement of illicit transactions, a widely pushed narrative against crypto has been the suspected usage …

Binance’ Astronomical Success is Motivated By Advertises Faced in China

The regulatory clampdown on cryptocurrency exchanges in China has been noted as a key factor in the sensational growth of Binance in 2018. Launched in the middle of 2017, the rate of growth that Binance has experienced, both in terms of trading volume and capitalization has attracted a lot of attention within the cryptocurrency environment. …

Cryptocurrency Trading Volume to See 50% Growth in 2019: Research

Despite cryptocurrencies having fallen off their record highs, the sector is expected to experience double-digit growth in trading volumes next year suggesting that trader enthusiasm in the nascent asset class has not waned. According to research conducted by Satis Group, crypto trading volume will grow by over 50% in 2019. In the United States, the …

Brazil’s Biggest Brokerage Processes Bitcoin Trades, Gov’t Supportive

Grupo XP, the largest independent brokerage in Brazil, has publicly released its plans to launch a Bitcoin and Ethereum trading platform by the end of 2018. Guilherme Benchimol, the chief executive officer of Grupo XP and XP Investimentos SA, stated that the business will integrate Bitcoin and Ethereum into the existing infrastructure of the brokerage, …