After the latest Binance Coin quarterly burn and record profits, Binance CEO says that the possible reasons for BNB price decline do not make much sense. Changpeng Zhao, CEO and founder of major cryptocurrency exchange Binance, said that the reasons why Binance Coin (BNB) dropped over 50% from its all-time high in June do not…
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Bitcoin swiftly broke out of the $7,000 territory on Thursday as news the U.K. was leaving the European Union with a deal boosted markets. Bitcoin (BTC) climbed back above $8,000 on Oct. 17 as news the United Kingdom had agreed on a deal with the European Union over Brexit ricocheted through markets. Cryptocurrency market daily…
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Changpeng Zhao. While major cryptocurrency exchange Binance made a total of USD 1 billion in profits, also thanks to the new revenue streams, the CEO of the company said he’s ‘confused’ about the price of their native token, Binance Coin (BNB). In an attempt to increase the value of the coin, the company every quarter…
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Central banks and financial authorities in some of the world’s leading economies are increasingly turning their attention to cryptocurrencies and digital fiats. Bloomberg reports that the American Federal Reserve is “dragging its feet” on digital fiat-related matters, with a “real-time” payment system “five to six years off.” The news agency quotes Tobias Read more »Pay/Trade/Buy…
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Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news As a possible solution to ticket fraud and for a better ticketing experience, Broadway has turned to blockchain technology. The Shubert Organization, the biggest theater operator on…
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The Federal Reserve’s Lael Brainard says Libra could pose risks to consumers due to ambiguity over their rights. A member of the Federal Reserve’s Board of Governors has said that Facebook’s Libra could pose risks to consumers due to a lack of clarity over their rights with respect to the token’s underlying assets and to…
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United States law enforcement agencies analyzed Bitcoin transactions to locate and subsequently shut down a global child pornography site. United States law enforcement agencies have analyzed Bitcoin (BTC) transactions to locate and shut down a global child pornography site. Per an Oct. 16 press release, the U.S. Department of Justice announced the shutdown of the…
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Bitcoin price has dropped nearly 10% in 2 days but remains range-bound in a macro bullish trend. Bitcoin (BTC) price has continued its multiple-day slide, dropping 5.3% over the past two days and 9.6% from it’s $8,800 high 5 days ago. While Bitcoin bears are celebrating, the price remains range-bound, as can be seen clearly…
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Calibra head David Marcus says he is a big fan of Bitcoin, but it is totally different to Libra. David Marcus, the head of Facebook’s forthcoming cryptocurrency wallet Calibra, said that he is a fan of Bitcoin (BTC) but it is totally different to the proposed Libra stablecoin. Bitcoin is digital gold, Marcus says In a…
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The Sacramento Kings NBA basketball team is giving away 100 limited-edition, Ethereum-based collectible toys throughout the 2019–2020 season. The Sacramento Kings NBA basketball team has partnered with CryptoKaiju to launch crypto-collectibles. In a press release on Oct. 16, the Sacramento Kings announced a new collaboration with the creator of Ethereum-based Kaiju toys, CryptoKaiju. The companies…
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