June 16, 2019 Hodler’s Digest, June 10–16: Top Stories, Price Movements, Quotes and FUD of the Week Bitcoin is reportedly producing as much carbon emissions as Kansas City, while Facebook gets some new backers for its crypto project.…
June 14, 2019 United States Residents Will Lose Access to Many Altcoins Starting in September Many cryptocurrencies will be unavailable for trade in U.S. after Binance updates scheduled for September. Crypto enthusiasts living in the United States will have no trading options for a many cryptocurrencies when the major crypto exchange Binance becomes unavailable for them in September, according to a report by CryptoPotato on June 14.The report draws this conclusion based on the following table, which shows which cryptocurrencies will still available for U.S.-based traders after Binance discontinues its U.S.…
June 14, 2019 Binance to Stop Serving US Traders Following Announcement of US-Dedicated Platform Binance’s updated terms of use notably includes a restriction of services to U.S.-based individual and corporate traders.…
June 13, 2019 Binance to Open US-Based Division With FinCEN Approved Partner Major cryptocurrency exchange Binance is establishing a United States-based division with a Financial Crimes Enforcement Network approved partner, BAM Trading Services.…
June 9, 2019 Binance DEX: Navigating Country-Specific Cryptocurrency Trading Restrictions Binance blocks traders in 29 other countries from its DEX website but say affected users can utilize supported wallet apps or VPNs to bypass the restriction.…
June 7, 2019 Vast Majority of DApps for Finance Built on Ethereum Blockchain Most decentralized finance applications are being built on the Ethereum blockchain Ethereum devs constitute the vast majority of Decentralized Finance (DeFi) application (DApp) creators, according to a report by Binance Research on June 6.Number of DApps per blockchain, courtesy of Binance ResearchAccording to the report, DeFi can be thought of as the following:“An ecosystem comprised of applications built on decentralized networks, permissionless blockchains, and peer-to-peer protocols for the facilitation of lending/borrowing or trading with financial instruments.”This ecosystem purports to offer a permissionless, decentralized network for users, who reportedly retain full custody of their crypto assets.…
June 6, 2019 Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report Despite bitcoin price rising by 57% in May, a new report from SFOX has downgraded the crypto market outlook to uncertain.…
June 6, 2019 Binance Hires Former NBA, Dell Exec to Head Global Strategy Initiatives Binance has hired a new strategic officer, an executive who worked on business strategy at Dell and the NBA.…
June 6, 2019 Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability Funds worth an estimated $13 million were successfully shielded from attackers after Komodo reacted to a security vulnerability.…
June 6, 2019 TrustToken Partners With Binance to Enable In-Exchange TUSD Minting and Redeeming TrustToken, the stablecoin operator behind usd-pegged token TUSD, announced a partnership with Binance. TrustToken, the stablecoin operator behind usd-pegged token trueusd (TUSD), announced a partnership with major cryptocurrency exchange Binance in a press release shared with Cointelegraph on June 4.Per the release, as a result of the partnership, Binance users now will be able to buy TUSD for zero fees and redeem it for fiat currency.A TrustToken representative told Cointelegraph in an email that they are “bringing a direct fiat-to-crypto onramp/offramp to Binance” to users following registration in their app.…
