There’s a new ‘Coinbase effect’—the Binance Chain pump

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Binance has set its sights on usurping Ethereum with its new protocol blockchain. Since its launch, Binance Chain has attracted coins away from competitors, pumping the value of coins that switch. Could the “Binance Chain effect” be the new Coinbase effect? Since its announcement in 2018, Binance Chain has been one of the most highly anticipated projects in…

Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter

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Over the last few weeks, bitcoin cash (BCH) and the network itself have been shining brightly after a year of bearish sentiment and the blockchain split last November. Most notably, this month BCH has shown a significant increase in daily transactions, the price has doubled, and today the network has produced the second highest value…

U.S. is Falling Behind in Crypto Exchange Volume: Regulation to Blame?

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Despite being home to the NYSE and NASDAQ, which comfortably lead the rest of the planet in terms of exchange volumes, the U.S. has conceded its initial crypto exchange leadership position to Asia. While U.S. exchanges—such as Poloniex—once recorded the highest volumes, a new breed of hard-driving Asian exchanges—such as Binance and Huobi—now lead the pack,…

Institutional Investors Can Earn Interest on Tezos Through Coinbase Custody

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Previously, institutional investors did not stake their cryptocurrency or participate in governance because of the need to use crypto-custodians. Coinbase Custody is changing that with support for Tezos staking and MakerDAO governance for its institutional clients. On Mar. 29th, Coinbase announced support for Tezos (XTZ) baking, the protocol’s equivalent to proof-of-stake staking. “We’re proud to…

Coinbase Earn Giving Away $50 Per Person in Stellar: Plans to Distribute 1 Billion XLM

Coinbase Earn Giving Away $50 Per Person in Stellar: Plans to Distribute 1 Billion XLM

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Coinbase Earn, the exchange’s initiative that enables users to “earn crypto while learning about crypto,” has introduced support for Stellar. The company announced the news on its Twitter profile, saying that any eligible US user can learn about the Stellar protocol while earning up to $50 worth of XLM. The company plans on giving out…

Crypto Exchange Circle Partners With Financial Surveillance Provider Nice Actimize

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On Feb. 27, Boston-based cryptocurrency finance firm Circle announced a partnership with Nice Actimize financial crime detection and prevention technologies unit. Circle follows other large cryptocurrency exchanges that have opted to add a compliance and surveillance solution. Also read: Bitcoin Whales Have Accumulated Thousands of Coins in the Last 2 Months Goldman Sachs-Backed Crypto Exchange…

Shift Card Sunsets, Leaving US Crypto Card Users With Few Options

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U.S.-based Shift Card, a Visa debit card service that allows people to spend cryptocurrencies held on Coinbase in real-time, will be ceasing operations this April. Shift’s email to customers explains the company hopes to relaunch in the near future, but for now there are few crypto debit card options left for U.S. residents. Also Read: More…