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…

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…

Stellar Lumens Jumps 7.3% Following IBM World Wire Announcement

Stellar Lumens Jumps 7.3% Following IBM World Wire Announcement

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Stellar Lumens was recently leveraged in IBM’s blockchain solution, World Wire, which uses the technology to help eliminate intermediaries involved in cross-border money transfers. Following the announcement, the price per lumen rose 7.3 percent. Stellar Lumens (XLM) is an open-source cryptocurrency, similar to XRP, that aims to facilitate remittances by creating a platform that connects…

Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018

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For many leading markets, February produced the largest monthly volume since the first quarter of last year, with 30-day BTC trade activity surpassing $200 billion, and ETH exceeding $100 billion. Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the highest…

Wallet Company Blockchain Plans $125M Airdrop of Stellar to Boost Mainstream Adoption

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Crypto wallet company ‘Blockchain‘ announced Nov. 6 that it would distribute $125M in Stellar XLM cryptocurrency to its users “to build on the crypto revolution.” The biggest #crypto airdrop—we are distributing $125M of Stellar XLM to our users to build on the crypto revolution. Sign up for the waitlist! https://t.co/XyETX72QBk https://t.co/zo18yzzlzS — Blockchain (@blockchain) November…

Markets Report: July Posts Second Strongest Monthly BTC Performance of 2018

Markets Report: July Posts Second Strongest Monthly BTC Performance of 2018

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Looking at the monthly charts, July saw BTC produce its second best performing month of price action during 2018 after gaining in value by more than 20%. By contrast, the majority of leading cryptocurrency markets by capitalization posted their third consecutive red monthly candle. Stellar was the highest performing top crypto market during July, gaining…

Stripe COO Explains Move Away From Bitcoin Payments

Stripe COO Explains Move Away From Bitcoin Payments

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Popular payments provider Stripe made waves in 2015 after announcing the acceptance of Bitcoin for its merchant network. However, in April 2018, the company ceased Bitcoin operations providing no clear reasons at the time. Stripe COO Explains Move On July 18, 2018, Stripe COO Claire Jackson disclosed why the company’s short-lived relationship with the pioneer…

Kin Plans to Keep Ethereum Token, But Fork Stellar Blockchain To Avoid Scalability Issues

Kin Plans to Keep Ethereum Token, But Fork Stellar Blockchain To Avoid Scalability Issues

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Developers of Kin, the altcoin that facilitates transactions within the Kik ecosystem, are planning a fork from Stellar to steer clear of potential issues of scalability and high transaction fees. Kin is a decentralized ecosystem of digital services for daily life, for use on the Kik platform. Kin was originally developed as an ERC20 token,…