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Binance CEO Denies 400 BTC Listing Fee and Says the Exchange Doesn’t List ‘Shitcoins’

Aug 13, 2018

A plethora of liquidity-hungry cryptos are fiercely competing to get listed in the world’s largest crypto exchange by volume , Binance. But how does the high-flying exchange decide which coins to get listed, based on the exorbitant listing fee or the project quality? Binance’s CEO Chang...

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Altcoins Struggle as Bitcoin Regains 50% Market Share

Aug 12, 2018

Bitcoin’s market capitalization has regained its share of half the crypto economy, latest figures have shown. This is the first time Bitcoin will cross the 50% mark (50.7%) since the start of 2018 following a bearish crypto market which has seen many investors move into altcoins. It means that ...

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Can Hard Disk Mining Help You Get Rich Quick?

Aug 11, 2018

“ Some biggest bitcoin miners have spent hundreds of millions of RMB in hard disk mining devices,” said a Beijing-base blockchain developer Dapao Xie. Seagate, the world’s largest hard drive maker, has seen  its hard drives’ prices rise by 30%, while prices of western digital hard dr...

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Is a Bitcoin ETF Necessary?

Aug 10, 2018

Bitcoin is still edging closer to its original dominance level of half the entire market capitalization of all cryptocurrencies - ~49% at the time of this writing - despite the delay in the much-awaited decision on the CBOE Van Eck Bitcoin ETF and the slight negative effect it had on pric...

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Binance Looks to Launch 3 Fiat-Crypto Exchanges This Year, and Has No Plan for IPO

Aug 9, 2018

Binance, the world’s largest crypto exchange by trading volume, announced on Wednesday at a press briefing that the exchange plans to launch three fiat-to-crypto trading platforms this year. Alongside that, its decentralized crypto exchange will be unveiled within half a year at the earliest. ...

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Bitcoin ETF Decision Delayed, Crypto Prices Tank

Aug 8, 2018

The prices of Bitcoin and several other cryptocurrencies have taken a nosedive after the news broke out that the US Securities and Exchange Commission (SEC) has extended its first decision period to either approve or disapprove the VanEck SolidX Bitcoin Trust by 45 days. As a result...

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South Korean Government Plans to Strip Away Substantial Tax Benefits For Bitcoin Exchanges

Aug 7, 2018

The South Korean government announced a new set of tax amendment which will strip away substantial tax benefits for bitcoin exchanges. According to a proposed revision to the existing tax law which was published in late July, companies engaged in virtual currency activities will no longer be...

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Tencent’s Report: Blockchain Security Vulnerabilities Have Caused A Loss of Over $2.7 Billion In First Half of 2018

Aug 7, 2018

To date, there are over 1,600 cryptocurrencies listed on coinmarketcap.com, with a combined total market cap of $250 billion. As the blockchain hype train has been operating at full steam, blockchain security issues have led to an economic loss of over $2.7 billion in the first half of 2018, accor...

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Legendary Investor and Industry Pioneer Matthew Roszak: Trillion Dollar Crypto Networks in The Making

Aug 7, 2018

“Blockchain technology represents one of the greatest generational opportunities for entrepreneurs and investors.” –Matthew Roszak Matthew Roszak is chairman and co-founder of Bloq, which is a blockchain technology company focused on building tokenized networks and applications. For...

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McDonald’s Big Mac Snapped up in China, a MacCoin Hyped Up To 800 Yuan

Aug 7, 2018

Starting August 6 in China, a MacCoin, a physical token which is given away with the purchase of a Big Mac, has been hyped up to 800 yuan (US$117) for sale on a second-hand goods site affiliated to online retail giant Taobao, and the price still keeps rising. MacCoins for sale on X...