Tag: Binance

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Former DOJ Lawyer Says Class Action Cases Will Benefit Crypto

A lawyer who recovered $25 billion for his clients explains why his firm has brought 12 class action lawsuits against crypto heavyweights. A former Department of Justice, or DOJ, special counsel explains why his firm has brought twelve class action lawsuits against some of the biggest firms in crypto, and how it will benefit the…
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CZ Insists That DDoS Attacks Were Foul Play From Binance Competitors

Binance’s CEO suspects that recent DDoS attacks came from competing exchanges looking to damage Binance’s reputation rather than steal crypto. As Zhao told Cointelegraph on May 4, the April 29 attack was “well-coordinated” and focused on making Binance services unavailable in some countries of Asia. Competitors behind the attacks? Zhao emphasized that there are “a…
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Many Blockchain Projects Are Uniquely Suited to COVID-19 Research, Here’s How

In the wake of the recent pandemic, here’s how many different blockchain projects are stepping up to donate resources in the hopes of finding a vaccine. As the world is still reeling from the effects of the coronavirus pandemic, people everywhere are doing what they can to support the effort to find vaccines and treatments.…
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A Roundup of Virtual Blockchain Week

Leaders throughout the Blockchain space came together to share their views on the future of the industry at Virtual Blockchain Week. Over the past week, Cointelegraph has participated in Virtual Blockchain Week — a pandemic-proof crypto conference that invited participants from all over the world to join talks with some of Blockchain’s greatest luminaries. At…
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Binance Pooling Up Mining Game Amid Centralization Concerns

Does Binance’s venture into mining threaten the integrity of blockchain systems? This week marked the launch of Binance Pool, a mining platform powered by one of the world’s largest cryptocurrency exchanges. Coming less than a month after Binance’s CEO Changpeng Zhao confirmed rumors of this forthcoming addition to his brainchild company’s product family, the announcement…
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Brave Browser Brings Binance Integration to All Desktop Users

The Binance widget was previously only available for the Brave Nightly and Beta versions. Privacy-focused web browser Brave has integrated the Binance widget into the latest stable release across all of its desktop offerings.  An announcement on April 30 notes that the widget is enabled by default, placing the Binance cryptocurrency exchange in front of…
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Stablecoins Provide Cover as Global Risks and Uncertainty Quake

As the global economy trembles, investors continue to find sanctuary in stablecoins, which have increased their market cap dramatically. As the global economy trembles, investors continue to find sanctuary in stablecoins. In the most recent 12-month period (ending April 29, 2020), the three top stablecoins — Tether (USDT), Circle (USDC) and Paxos (PAX) — increased…
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CZ Blames ‘Self-Perceived Competitors’ for New DDoS Attacks on Binance

The world’s largest crypto exchange, Binance, faced a series DDoS attacks on its Chinese domains on April 29. The world’s largest cryptocurrency exchange, Binance, has faced a series of distributed denial of service, or DDoS, attacks on its Chinese domains earlier today. Binance CEO and founder, Changpeng Zhao, or CZ, tweeted about the attacks on…
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Why You Should Follow Cointelegraph’s Coverage of Virtual Blockchain Week

A collectible Cointelegraph NFT is just one tiny reason. Cointelegraph is co-presenting and covering Virtual Blockchain Week, a series of talks from blockchain luminaries over the next five days. Speakers include well-known figures in the industry such as Changpeng Zhao, Caitlin Long and Anthony Pompliano alongside opinion-makers like Brittany Kaiser, Alyze Sam and Charlie Shrem.…
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Crypto Community Slams Binance Smart Chain Over Centralization

The ‘Binance Smart Chain’ whitepaper has attracted criticism from the crypto community, drawing predictions that the chain will be prone to centralization. Many crypto analysts have criticized the whitepaper for Binance’s forthcoming ‘Smart Chain’, which was published on April 17. Smart Chain will be Binance’s second smart contract-enabled chain after Binance Chain. It offers the…
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