Security update from Binance CEO, following $40 million exchange hack

post-img

Read More

Changpeng Zhao (“CZ”), the CEO of Binance, the world’s largest crypto exchange in terms of adjusted trading volume, has published a blog post in which he apologized for previously suggesting a chain reorg of the Bitcoin (BTC) blockchain. Following a large-scale security breach of Binance on May 7th, 2019, which resulted in a loss of…

Major Players Discuss BTC Rollback Following Exchange Hack

post-img

Read More

The idea of rolling back the clock on cryptocurrency transactions to reverse a situation people are unhappy with is highly contentious. As such, many were shocked to hear that a number of major players in the industry had even discussed a rollback of BTC following the Binance exchange hack. Also Read: Keys4coins Lets You Buy…

Margin trading for BTC, BNB, ETH, TRON and XRP could soon come to Binance

post-img

Read More

A Reddit user may have found some margin trading features on Binance API that could be pointing out that the exchange will soon allow margin trading on the platform. Margin Trading on Binance Binance, the world’s largest cryptocurrency exchange by trading volume, could soon enable margin on the platform. Over a month ago a Redditor…

Binance enables BNB Mainnet deposits, launches Binance DEX and Singapore fiat bridge

post-img

Read More

Binance has announced that users can now make Binance Coin (BNB) deposits and withdrawals on Binance Chain. Binance CEO Changpeng Zhao tweeted earlier today about burning 5 million Ethereum-based BNB tokens to commence the era of Binance Chain based BNB tokens. Just burned 5mm ERC20 BNB, commencing swap to the real #BNB. — CZ Binance…

Craig Wright to sue Twitter critics for defamation, Binance CEO threatens to delist Bitcoin SV

post-img

Read More

Craig Wright, who claims to be Satoshi Nakamoto, had his attorneys serve legal papers to an anonymous Twitter user who publicly denied he created Bitcoin. In response, the crypto community rallied against Wright, culminating in the CEO of Binance threatening to delist Wright’s Bitcoin SV (BSV). Craig Wright Filing Lawsuits Against Those Denying He’s Satoshi CoinGeek—a…

Lightning Network: Cool Enough for Twitter Jack and Fidelity But Not Iran

post-img

Read More

On Feb. 22, bitcoiners rejoiced when the financial banking giant Fidelity was handed the ‘Lightning torch’ as the Lightning Network’s social experiment was passed on to its latest bearer. Then, two days later, the new Lightning torch holder made the decision to exclude passing it on to a cryptocurrency executive from Iran because of U.S.…

Binance Freezes Hacked Cryptopia Funds, Raises Questions Around Cryptocurrency Fungibility

post-img

Read More

Part of the funds from the Cryptopia hack were recently sent to the Binance cryptocurrency exchange. In response, Changpeng Zhao (CZ), the CEO of Binance froze the funds, raising questions around cryptocurrency’s anonymity and fungibility. Cryptopia is a tiny exchange with a daily trading volume averaging around $2 million. The exchange was hacked on the…

Cryptopia Suffers Catastrophic Hack, Evidence Suggests $2.5 Million Ethereum Stolen

post-img

Read More

New Zealand-based Cryptopia is the first cryptocurrency exchange to get hacked in 2019. Estimates of the damage range between $2.5 to $3.5 million; The attack was confirmed in the late hours of Jan. 13th after the company announced emergency “maintenance.” Cryptopia is a tiny exchange with daily trading volume averaging approximately $2 million. The evening of…

Binance Announces New XRP Trading Pairs and Quote Currency

post-img

Read More

Binance is adding new XRP trading pairs for the holidays, including TRX/XRP and XZV/XRP. Furthermore, the ETH Trading Market will be renamed to the ALTS Trading Market, allowing for the possibility of more trading pairs with different quote currencies in the future. Ripple has had a strong month of partnerships and has effectively weathered the…

Binance CEO: ‘I Don’t Understand Why the Bitcoin Price Isn’t Shooting Through the Roof’

Binance CEO: ‘I Don’t Understand Why the Bitcoin Price Isn’t Shooting Through the Roof’

Read More

Changpeng “CZ” Zhao quietly offered a utopian forecast for the cryptocurrency industry and his ubiquitous cryptocurrency exchange, Binance–which he revealed is becoming increasingly institutionally oriented and will launch five to 10 fiat-to-crypto operations in nearly every continent. Speaking at Consensus Singapore, the Binance chief whip suggested that the regulatory breakthroughs seen last week have now…