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Posts Tagged ‘Crypto’

Binance Launches Public Testing for Decentralized Crypto Exchange

Binance, the world’s largest cryptocurrency exchange by trading volume, has rolled out public testing for a decentralized trading platform built on its own blockchain network. The company announced on Wednesday the new platform – called Binance DEX – is now up for public testing where users can create their own wallets and interact with the trading…

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Bitcoin Price Yet To Bottom Out, Says Crypto Hedge Fund Manager

Alex Sunnarborg of Tetras Capital says that Bitcoin has bottomed out yet. The hedge fund manager also believes that the cryptocurrency industry needs a comprehensive cleanup to remove ‘bad actors’ and enhance mainstream investor confidence in the fledgling market. Bitcoin Price Yet to Bottom Out Since falling from an all-time high of $19,700 in mid-December…

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Binance CEO: Money Doesn’t Drive Me – Crypto Adoption Does

Binance founder and CEO, Changpeng Zhao, known as CZ (Cee-Zee) spoke to Anthony Pompliano in the latest episode of ‘Off The Chain’. Amongst other things, they discussed philosophy, philanthropy, and “how the world works”. The Cee-Zee Way Out Binance sprang from seemingly nowhere to become the biggest crypto-exchange in the world. But CZ puts that largely down to…

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Half of Millennial Investors Trust Crypto Exchanges More Than Stock Exchanges

Nearly half of millennial traders have more trust in digital currency exchanges than in United States (U.S.) stock market exchanges. Data regarding millennial investment attitudes was collected in a new study from investment platform eToro and published on Feb. 19. Per the report, 43 percent of the surveyed millenial online traders demonstrate less trust in…

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Crypto Startup TrueDigital Hires CEO from World’s Largest Hedge Fund

A blockchain upstart is getting a new CEO from the world’s largest hedge fund. New York’s trueDigital, which was founded last March, has hired Thomas Kim away from Bridgewater Associates to be its chief executive. Notably, trueDigital is the firm that built a blockchain payments system for Signature Bank. While JPMorgan stole headlines last week for its…

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Privacy Crypto Beam Gets Funding from ‘Japanese LinkedIn’ Recruit

Privacy-oriented cryptocurrency startup Beam has secured an undisclosed amount of funding from “Japan’s equivalent to LinkedIn” Recruit Co., Ltd. Recruit announced the news Monday, stating that the investment is through its $25 million-sized RSP Blockchain Tech Fund, which was set up last November. Beam also confirmed the investment in a Tweet Monday, stating that Recruit…

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Tim Draper Predicts Crypto Will Rule, Only Criminals Will Use Cash in Five Years

Billionaire investor and known Bitcoin (BTC) bull Tim Draper argued that in five years, only criminals will use fiat as crypto becomes universally widespread. Draper made his claims in an interview with American financial news tv channel Fox Business released on Feb. 18. Reiterating his previous statements predicting that fiat money will become laughable and…

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Ethereum Scaling Tech Monoplasma Wants to Let Dapps Broadcast Crypto

Blockchain data platform Streamr has officially released a new open-source ethereum scaling technology called Monoplasma. Inspired by a pre-existing scaling solution called plasma, Monoplasma is different in that it focuses specifically on “one-to-many payments” in which users would need to “repeatedly distribute value to a large and dynamic set of ethereum addresses,” explained Henri Pihkala, CEO of…

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Crypto Securities Are Years Away from Mainstream, Technologists Say

Despite a growing mainstream interest in the use of crypto assets and blockchains as a way to replicate and represent securities, some of the use case’s earliest innovators say sky-high expectations may not be in line with reality. For example, during a panel discussion at the ethereum conference ETHDenver this weekend, Tal Elyashiv – co-founder and managing partner of…

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