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…

Why Japan’s biggest e-commerce giant entering crypto is a really big deal

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Rakuten, the biggest e-commerce company in Japan with over 102 million users and the 14th largest internet company in the world by annual revenue, has officially entered the crypto exchange market. In an official statement, Rakuten said that Rakuten Wallet will operate as a licensed crypto trading platform. Currently, Rakuten is in the process of…

Binance delists Bitcoin SV following Craig Wright’s legal threats

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Binance released an official statement informing users of the imminent removal of Bitcoin SV (BSV) from the exchange’s list of traded cryptocurrencies. The action follows Craig Wright and Calvin Ayre, the proponents behind BSV, issuing legal notices to those denouncing Wright as a fraud—and not Satoshi Nakamoto. The Delisting Process According to the statement from Binance, all…

Bitfinex removes minimum equity requirement from its professional crypto trading platform

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Bitfinex, one of the world’s largest cryptocurrency exchanges, has opened its professional trading platform for everyone. The company announced the news in a Medium post on Apr. 9, stating that its $10,000 minimum equity requirement has been lifted. Hong Kong Cryptocurrency Exchange Lifts $10,000 Minimum Equity Requirement While cryptocurrency transactions are on the rise, companies…

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…

Interview with Komodo’s CTO, How Atomic Swaps Will Change How Cryptocurrency is Traded

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CryptoSlate interviewed Kadan Stadelmann, chief technical officer at Komodo Platform, on why atomic swaps could transform how cryptocurrency is exchanged. The interview also covered how the Komodo team is surviving the down market and his predictions about the future of crypto and blockchain. Background on Kadan Stadelmann Our interviewee has used his software development and…

Binance Coin (BNB) Rallies, Triples in Value in Three Months

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Binance Coin (BNB), the native token of one of the largest cryptocurrency exchanges in the world, has seen its value triple in the past three months, arguably making it the best performing cryptocurrency of the quarter. This has led some experts to speculate that Binance Coin could be following in Bitcoin’s footsteps, which rose to…

Binance Announces Bounty for Submitting Crypto Jargon Definitions

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Binance Academy announced a bounty program that will reward individuals for submitting terms to be included in a crypto glossary. The program is part of a broader project aimed at providing free and impartial educational materials on cryptocurrencies and blockchain. The Bounty Program in Detail The two-week program was announced on 14th Mar. and is…