Binance Crypto Exchange is Looking Global

The Binance crypto exchange has the highest 24-hour trade volume and is currently looking to expand into every continent in the world. Binance Crypto Exchange Looks Global Zhao Changpeng, Binance’s Founder and current CEO, closed out the first day of CoinDesk’s Consensus Singapore event with a fireside chat. Changpeng discussed a number of topics at the chat but focused a lot on how he grew the crypto exchange from its $15 million initial coin offering (ICO) to one of the world’s largest exchanges. The Binance founder also discussed his next…

Cryptos in Green: Ripple (XRP) and Cardano (ADA) are Leading Today but Why?

Ah! Cryptocurrency. Will you ever cease to amaze investors with your volatility? When it’s bad, it can be very, very bad. But when it’s good… well, it’s confusing! Sometimes there is no real reason to see cryptos in green. Across the top ten today most coins are in the green. But why? There has been no major news or catalyst to spur on such bullish behavior. In the top five, Ripple (XRP) and Cardano (ADA) are leading cryptos in green, currently sporting a 4.38% and 3.78% gain respectively. So let’s…

How to Choose a Blockchain Platform for Your Business

The growing popularity of crypto investments has aroused a keen interest in blockchain technologies and their possibilities. Today, blockchain is used as a generic term, and most people associate it with Bitcoin, the cryptocurrency created using the distributed ledger technology for the first time. However, the potential and scope of the application of decentralized ledgers have already become so much broader. Blockchains can be used independently from a cryptocurrency and can easily be modified. Anyone who knows the basics of programming is capable of creating his/her own blockchain. When Does…

Crypto in Japan: Yen-backed Crypto in the Works by Chinese Blockchain Company

Japan just received some crypto-positive news, as a Chinese blockchain company just unveiled it’s working on a yen-backed cryptocurrency. Crypto in Japan has always been widely accepted, but it is quite the opposite in China—the country went as far as to create its own cryptocurrency firewall. The South China Morning Post reported this morning that Grandshores Technology Group is planning on raising $100 million HK in an initial coin offering to finance a yen-backed digital token. Crypto in Japan “Blockchain will become the mainstream technology in the next three to five…

EOS Hacks: EOS Gambling Platforms Taken Advantage Of! $250,000 Stolen

Two EOS gambling platforms have been hacked in the last week. An amount totaling $250,000 USD. In the same week, another platform, EOSBet, paid out $600,000 to one user in a claimed ‘jack-pot,’ though some aren’t so sure. What’s going on? What’s with the EOS hacks? EOS Hacks The EOS smart contracts appear to be rather fallible. The first of the EOS hacks happened on DEOSGames. A user named Runningsnail kept winning $1,000 payments over and over again. Over a dozen times actually. Runningsnail would deposit 10 EOS and then win the jackpot 30…

Ripple (XRP) Up Nearly 20% After xRapid News

Ripple (XRP) received a serious boost this morning after news broke that Ripple Labs’ xRapid project could debut in the next month, or so. Ripple (XRP) and xRapid Sagar Sarbhai, head of regulatory affairs at Ripple, spoke to CNBC yesterday and confirmed positive movement on its xRapid platform. “I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production,” Sarbhai told CNBC. Ripple is currently working with a few financial institutions to test its…

Crypto Daily News: SpaceX Engineeer Starts Own Crypto Exchange and Zimbabwe Finance Minister Speaks Out About Bitcoin

In today’s edition of Crypto Daily News, we’ll cover the details of the SpaceX engineer’s new crypto exchange and what Zimbabwe’s Finance Minister said about crypto lately. Crypto Daily News: September 17th, 2018 Former SpaceX Engineer Starts a Crypto Exchange Joshua Greenwald, former SpaceX engineer, is currently the CEO of LXDX and the company just announced that it is launching its own public digital currency exchange. LXDX currently holds its own proprietary software that’s focused on levels of performance not currently seen in the current crypto market. LXDX offers a low…

Jack Ma on Blockchain: Chief Exec Thinks Blockchain Will Be “Useless” If It Doesn’t Help the Environment

Jack Ma, Alibaba’s Executive Chairman, has never been shy about his thoughts on the newest and latest technology. The Chinese businessman, investor, and philanthropist has been a long-proponent of blockchain technology but recently made a firm statement on its future. Let’s take a closer look at Jack Ma on blockchain. Jack Ma on Blockchain Ma believes that blockchain and other advanced technologies still need to prove they can help society evolve in a “greener and more inclusive” direction, local news outlet cnBeta reported. Ma told those present at the World…

Nasdaq to Acquire Cinnober: Is the Stock-Exchange Preparing for Cryptocurrency?

Nasdaq announced Friday that it is in the midst of acquiring Swedish trading solutions provider Cinnober. So why is it important for crypto-enthusiasts that Nasdaq acquiring Cinnober might happen? Well, Nasdaq is Nasdaq—the second-largest stock exchange in the world, but Cinnober is known for its acceptance of digital assets and its involvement in helping institutions to invest in them. So you can see the potential excitement here if Nasdaq is taking over this company. Is Nasdaq preparing for crypto-trading on its exchange? Is Nasdaq Acquiring Cinnober? The anticipation across the…

Is the Narrative of the Crypto Industry Changing? Ripple Exec. Says Yes

Cory Johnson said it first. Ripple and XRP are not the same things; XRP is not a security. And yet, the San Francisco-based company often finds itself repeating this information. The latest time came today, Monday, September 17th. Not only did the head of government and regulatory relations at Ripple today bring back the XRP security debate, but Sagar Sarbhai also noted that the narrative in the crypto industry is changing. True or false? Ripple and XRP: Security or Not? First, Sagar Sarbhai told CNBC on Monday that Ripple does…