Tag: Crypto
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Two Crypto Exchanges Introduce New Fee Models, Achieve Record Trade Volume
byTwo cryptocurrencies exchanges have shot to the top of ranking by daily volume on Coinmarketcap today, June 26, after their introduction of a “transaction fee mining” model. Singapore-based CoinBene is now ranked first, with more than $2.1 billion in trading volume over a 24 hour period, with Hong Kong-based Bit-Z in second with about $1.5 billion in […]
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What World Leaders Think About Crypto, and How They Want Decentralization to Bolster Centralized Power
byGiven the apparent sensitivity of cryptocurrency markets to regulatory and political developments, it stands to reason that the world’s leaders — and what they think about crypto — will be vitally important in determining the direction the cryptocurrency market will travel in the future. Many leaders have been willing to sit back over the past few months […]
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Binance Crypto Exchange Issues Risk Warning, Keeps Trading, Withdrawals Suspended
byCrypto exchange Binance is keeping trading and withdrawals suspended due to a risk warning, even after completion of their extended four hour scheduled upgrade today, June 26, according to a support notice from Binance. Binance had posted earlier about the added time of the upgrade, then added an update that the upgrade was complete and trading would begin at 9:30 am (UTC). However, another updatefollowed, noting […]
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Swiss NGO to Accept Crypto Donations for Food, Healthcare, Education for African Children
byCrypto software development program KryptoPal will work with Swiss NGO help2kids to provide software for accepting cryptocurrency donations, according to a press release shared with Cointelegraph Tuesday, June 26. Help2kids provides food, healthcare, and education to children in both Malawi and Tanzania, with 750 kids in the help2kids network in Tanzanian capital Dar es Salaam. KryptoPal […]
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Japan: VPs of Crypto Self-Regulatory Body Quit After Receiving Exchange Compliance Orders
byThe two vice-presidents of Japan’s self-regulatory cryptocurrency exchange body have resigned after their exchanges received regulatory warnings, Cointelegraph Japan reports June 25. Just a week after the Japan Virtual Currency Exchange Association (JVCEA) produced its first guidelines on industry best practice, Yuzo Kano and Noriyuki Hirosue announced they would be stepping down as vice presidents of the organization. Kano and Hirosuei are CEOs of bitFlyer and Bitbank […]
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Facebook Backpedals, Reverses Ban on Cryptocurrency Ads
byFacebook has announced that it is revising its blanket ban on all cryptocurrency advertisements on the social media site. The announcement highlights that this is a revision of Facebook’s cryptocurrency policy, rather than a removal of the policy altogether. For example, advertising for binary options and ICOs are still banned. About the ban policy, Facebook Bussiness writes: […]
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Nobel Economist Naysayer Robert Shiller Calls Bitcoin A ‘Social Movement’
byRobert Shiller, the Nobel Prize winner in economics who has called bitcoin a bubble, has observed that bitcoin is a social movement and its popularity in the U.S. varies based on geography, according to Bloomberg. He called it a non-rational response to new information. Speaking on Bloomberg TV with Guy Johnson and Tom Keene, Shiller, an […]
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A ‘Visa Cryptocurrency’ Might Only Be Worth $3 Billion: Napkin Math
byCritics of the Bitcoin community’s decision to pursue a development path that prioritizes the coin’s utility as a store of value often allege that a payments-first focus is necessary to create a “base level of demand” for a cryptocurrency. However, writing on Twitter, BitGo co-founder Ben Davenport makes the case that the payments use case […]
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VestChain Starts AirDrop
byStasia Bold Nowadays there are many challenges inherent to the existing blockchains. Among them the following main problems may be distinguished: Low capacity level caused by permanent data calculation. Progressively growing blockchain data volume, which in its turn causes troubles when there is a full synchronization. High transaction costs. We are glad to present you […]
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‘Overwinter’ Upgrade Looms as Zcash Prepares for Its First Hard Fork
byZCash, a privacy-based cryptocurrency, is about to undergo its first hard fork. The network upgrade, dubbed Overwinter, is intended to be activated at block 347,500 – it’s currently at 347, 253- and is scheduled to go live on June 26. ZCash is a fork of bitcoin which uses a cryptography principle called “zero-knowledge proofs” which allows users to […]
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