These crypto firms are joining the fight against COVID-19. Will this move highlight the benefits of cryptocurrencies and establish the industry? All over the world, doctors, nurses and medical resources are strained as the fight against the coronavirus continues. In response, many charitable organizations and philanthropists from various industries have come forward to offer their…
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Recent turbulence has brought traditional tools such as circuit breakers to the forefront of crypto community discussions. Since the inception of Bitcoin, volatility has been a part of the cryptocurrency narrative even before exchanges and the current mainstream mentions. Now that traditional markets are showing volatility further exacerbated than anti-fragile cryptocurrency during the coronavirus pandemic,…
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Total futures trading volume skyrocketed during the first quarter of 2020 in comparison to 2019 data. A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average. According to the “2020 Q1 Cryptocurrency…
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Binance recently broke the 1,000 employee mark, showing tremendous growth since its ICO. Major crypto exchange, Binance, now has over 1,000 employees, showing tremendous company growth since its 2017 start. “When Binance first started in 2017, there were under 50 people,” Binance co-founder, Yi He, told Cointelegraph on April 23. “We have more than 1,000…
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Following a mixed reaction to Binance’s acquisition of CoinMarketCap, CZ has requested community suggestions for improvements to the crypto data aggregator. Following Binance’s recent acquisition of CoinMarketCap, the exchange’s CEO and founder, Changpeng Zhao (CZ), has asked the crypto community what changes they would like to see made to the popular and controversial crypto market…
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After a deep dive into Facebook’s Libra project, Binance Research found the proposed concept could change the face of the payment sector. Binance Research dove into Libra’s most recent whitepaper, surfacing with a lenghty report, in part claiming Facebook’s proposed asset could significantly alter the payments world. “Libra’s envisioned global payment system could do to…
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BitMEX, the world’s third largest crypto exchange, has continued to lose its market share to Binance exchange after the Black Thursday crash. BitMEX, one of the world’s biggest crypto derivatives exchanges, is still struggling to recover from a major market sell-off that followed the Black Thursday crash in March. According to an April 21 report…
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CoinMarketCap reported a traffic drop in China, but increased traffic from women and young adults, attributed to the COVID-19 pandemic. April 17, as part of the BlockDown 2020 online blockchain conference, CoinMarketCap’s Chief Strategy Officer and Interim CEO, Carylyne Chan, presented the company’s report into the cryptocurrency market for the first quarter of 2020. Trends…
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AtomicDEX CTO believes Binance is “a ticking time bomb” ready to blow up any moment. Kadan Stadelmann, CTO of the decentralized exchange AtomicDEX, believes it’s only a matter of time before Binance (BNB) implodes. Vitalik’s dream fulfilled AtomicDEX is a decentralized exchange built on top of the Komodo (KMD) multi-chain platform. It claims to be…
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Binance Chain is launching a second, smart contract-enabled chain that will use Ethereum’s Virtual Machine to let its developers build decentralized apps. Binance Chain developers have proposed specifications for a new blockchain that would enable complex smart contract functionality within the Binance Coin (BNB) ecosystem. The specifications are available in its white paper, released on…
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