Binance CEO Makes First Transaction on Newly-Launched DEX Mainnet

The world’s leading cryptocurrency exchange Binance has launched the main network of its decentralized exchange (DEX) called Binance Chain. The swap of existing ERC20-based Binance Coin (BNB) to the Binance Chain will be carried out on April 23rd.  ‘A New Chapter’ According to the official blog post, Binance has officially launched the mainnet of its […]

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Brazil Trades a Record 100,000 Bitcoin in 24 Hours

Brazil, the largest Latin American economy, broke a new record when Brazilian exchanges traded over 100 thousand bitcoin within 24 hours. In parallel, Brazil reported that its economic activity in February fell to the lowest level in the last nine months. Brazil Trades Over 100,000 bitcoin in 24 Hours The battle between Brazil and Argentina […]

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Augur Prediction Market Platform May Have Design Flaws

An analysis of irregularities discovered in the Augur decentralized prediction market platform has identified a number of design flaws. Namely, it identified a potential attack vector based on discrepancies between a market’s expiry date and its outcome date. How A Prediction Market Works A prediction market would seem an ideal use-case for blockchain, harnessing the […]

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Hong Kong Wants STO Investing To Be Reserved for the Super Rich

The Hong Kong Securities and Futures Commission (SFC) will no longer let its citizens invest in STOs–unless they have at least $1 million. STOs for ‘Professional Investors’ Only in Hong Kong In what they call a move to protect investors, Hong Kong’s financial watchdog clarified its position on STOs yesterday. The Hong Kong Securities and […]

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No, Facebook’s ‘FaceCoin’ Will Be Nothing Like Bitcoin (Or Even a Cryptocurrency)

Facebook, Telegram, and Signal are reportedly planning to mint their own digital coins for their platform. But their centralized nature means that they won’t be censorship-resistant, decentralized and secure by design, unlike Bitcoin.  Nice Try Facebook But FaceCoin Won’t Be a Cryptocurrency Social media giants are now jumping on the cryptocurrency bandwagon with plans to introduce […]

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Facebook May Be Eying ‘FaceCoin’ as It Expands Its Blockchain Team

Social media giant Facebook is looking to expand its blockchain team. Could ‘FaceCoin’ follow JPMorgan’s recently unveiled JPM Coin as companies vie for the prized online payments market.  Facebook’s Hiring: Blockchain Experts According to Facebook’s official careers page, the social media giant is looking to expand its team operating in the field of blockchain technologies. As […]

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Johnny Depp-Linked ‘Crypto-Netflix’ Signs New Indie Producers

TaTaTu, the $575 million dollar cryptocurrency entertainment platform, has signed content agreements with three independent film production companies. This will see the platform, which has a development deal with Johnny Depp, add 50+ new movie and television titles. Big Fish As announced by The Hollywood Reporter, TaTaTu has signed content licensing agreements with Lakeshore Entertainment, Kew Media Group, […]

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Davos: IMF’s Lagarde Says Fintech Will Shake The System

International Monetary Fund Head, Christine Lagarde, told the World Economic Forum in Davos, “fintech is going to shake the system.” She also urged against relying on central banks in the next financial crisis, at the CNBC-hosted panel. Central Banks Have Very Limited Ammunition Her comments followed UBS CEO, Sergio Ermotti, saying that he hoped “we […]

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Wall Street Invests $20M to Bridge Blockchain With Capital Markets

Despite the bear market, and rising camp of naysayers predicting Bitcoin’s demise, Wall Street is steadily plowing funds into crypto. The latest blockchain company to catch investors’ eyes is Symbiont, a New York startup bringing blockchain tech to capital markets. 2019 The Year of Institutional Investment Bitcoinist reported yesterday that Nasdaq is positively bullish on […]

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Thailand Stock Exchange Considering Gov’t License to Trade Bitcoins

The Stock Exchange of Thailand (SET) could become the latest entity to obtain a cryptocurrency trading license in the country. This news comes as the bourse is reportedly mulling to become a licensed digital asset trading platform.  SET Eyes Digital Asset License to Trade Cryptocurrency According to the Bangkok Post, the SET plans to apply to […]

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