Global equity markets took a beating on Monday morning, but Bitcoin just kept rising beyond all present expectations, crossing over $7,500 not once, but twice over the past few days. Analysts that had become “gun shy” after the Tether/Bitfinex scandal and the Binance exchange compromise are out in droves, raving about the resilience of Bitcoin…
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Binance, one of the world's most prominent cryptocurrency exchanges has been hacked. Media reports announced that hackers have stoled $40 million from the exchange. The stolen amount is equal to 7,000 Bitcoins. Not only did the hackers steal the staggering amount of the "people's currency", but they also stole API tokens and two-factor authentication codes.…
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After raising $300 million last October, Coinbase has been eager to put that capital to work. There have been acquisitions, but primarily the stellar crypto exchange has been expanding its global footprint across the world. The crypto exchange currently provides service to 42 countries, situated in North America and Europe, along with Australia and Singapore,…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 16, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Binance De-Lists BSV: Binance announced yesterday that they would de-list BitcoinSV, due to the founder’s threats to…
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Insiders have spoken out: Binance is set to become the world’s first decentralized platform in the very near future. The speculation comes primarily from Binance Coin investors, who now believe that Binance will migrate the entire company value to its native digital coin; all of this is expected to happen within five years. Binance Coin…
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Where there are large amounts of data, there is always the possibility for analysis that can expose patterns and trends that may have been missed. If the blockchain is anything, it is a wealth of data and audit trails that await cogent analysis to reveal the secrets hidden beneath the surface. The latest analysis demonstrates…
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The CEO of Binance, Changpeng “CZ” Zhao, is a talkative fellow and never one to shy away from expressing his opinions quite publicly. In a recent tweet, CZ expressed his consternation that more major retailers on the Internet have not begun to accept cryptocurrencies for online payments. In his tweet, CZ explained: For any internet…
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“Gong hei fat choy” or “Gong xi fa tsai”, if you prefer Mandarin to Cantonese, are the preferred ways to wish “Happy New Year” for most of the Chinese population on the planet. While these words actually wish for prosperity in the year to come, this period of the year is usually accompanied by a…
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The CEO OF Binance, Mr. Changpeng Zhao, recently held a Q&A sessions and shared some potential projects Binance might soon be working on. His said that his has the desire to form a partnership with Ripple and utilize xRapid. The more interesting news is that Zhao expressed a desire to add XRP pairs on the…
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According to Palo Alto Networks’ Unit 42, a multinational cybersecurity company, a new insidious malware strain, given the name “CookieMiner”, is targeting Mac users in order to compromise their cryptocurrency accounts. The firm noted that: The attack targets cookies associated with cryptocurrency exchanges that include Binance, Coinbase, Poloniex, Bittrex, Bitstamp, MyEtherWallet, and any website having…
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