Startup Raises $2.5M From Binance to Help Australia’s Airports to Accept Crypto

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Binance, the world’s largest cryptocurrency exchange by daily trading volume, has invested $2.5 million in TravelbyBit, a startup supported by the government of Australia to operate crypto point-of-sale (PoS) systems at the country’s airports. At selected airports including Brisbane, the capital of Queensland, cryptocurrency users will now be able to utilize major digital assets like…

Binance Info 2.0 Offers Single-Source Insight into Cryptocurrency Ecosystem

Binance Info 2.0 Offers Single-Source Insight into Cryptocurrency Ecosystem

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In the densely-clustered space of cryptocurrency, education is valuable—literally. Paying attention to the word around the campfire is a great way to stay informed, and Binance Info 2.0 is making information easily accessible. Reading is fundamental, and in this case, a new concept for ecological good. Cryptocurrency has been around for nearly 10 years, which…

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’

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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…

New York AG Report Faults Crypto Exchanges for Manipulation Risks

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The NY Attorney General’s Office stated that many crypto exchanges cannot monitor abusive trading activity, and referred 3 for potential violations.

The Daily: Binance Launches Incubator, Coinbase Adds Info on Top 50 Cryptos

The Daily: Binance Launches Incubator, Coinbase Adds Info on Top 50 Cryptos

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In today’s edition of Bitcoin in Brief we cover stories about Binance exchange launching an incubator program meant to help the development of crypto startups and Coinbase adding educational information on the top fifty cryptocurrencies for its users. Also Read: Bitcoin-Themed Hostel Opens in Scenic Brazilian Town of Paraty Binance Launches Incubator Program Binance has…

World’s First Fully Regulated Bank to Launch Security Token and Stable Coin

World’s First Fully Regulated Bank to Launch Security Token and Stable Coin

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The tiny country Liechtenstein appears to be quickly cultivating status as one of blockchain’s hottest frontiers, with Union Bank AG announcing it will become the world’s first fully regulated bank to launch its own security token and fiat-backed stable coin. According to a press release filed August 17th, 2018, Union Bank will issue the tokens under…

Binance Labs Announces Partnership With Libra Credit

Binance Labs Announces Partnership With Libra Credit

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Binance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto of fiat currency. Also Read: Pantera…

Binance Eyes Up South Korea as Next Conquest

Binance Eyes Up South Korea as Next Conquest

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Days after marking its first-year anniversary, leading exchange Binance is reportedly poised to enter South Korea. Seeing more than $600 million worth of cryptocurrency traded every day, the South Korean market is the fifth-most active in the world. While Binance — the world’s largest exchange by trade volume — is yet to issue an official…

World’s First Legal Literature on ICOs Calls Out Fundraising Method

World’s First Legal Literature on ICOs Calls Out Fundraising Method

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A University of Pennsylvania legal research report concluded Initial Coin Offerings (ICOs) have mostly “failed” to reflect on their contractual promises as described in their whitepapers. ICO Projects a Far-Fetched Endeavour Titled “Coin-Operated Capitalism,” the paper was released on July 17, 2018, and aims to explore ICOs as a legitimate option of fundraising. The paper…

BCH Roundup: Markets Spike While the Community Debates Token Protocols

BCH Roundup: Markets Spike While the Community Debates Token Protocols

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There’s been a lot happening this week within the Bitcoin Cash (BCH) ecosystem, and much of the community’s discussion revolves around tokenization concepts on the BCH chain. Meanwhile, the network has been running smoothly, and BCH markets seem to be reversing their trend after cryptocurrencies values were experiencing bearish sentiment for the past six months.…