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Binance Tackles Cryptocurrency ‘Misinformation’
Cryptocurrency exchange Binance has launched a collection of educational content comprising almost 500 articles in order to fight “incorrect” and “misleading” information, a press release confirmed Dec. 12. Binance, which regularly tops the list of the world’s largest exchanges by volume traded, will initially support 15 languages via the project. The launch and development is […]
Crypto Downturn Thrusts Tether into Top 5 in Market Cap Rankings
Tether (USDT) has recently found itself among the top five cryptocurrency assets by market cap – despite its own declining capitalization – due in part to the dramatic demise of other top currencies such as Bitcoin Cash and EOS. That’s particularly notable since Tether has shed around $700 million in assets since September – which in USDT […]
Australian Insurer Announces Blockchain Trial For Beef Export Supply Chain
Australian truck and transport insurance company National Transport Insurance (NTI) has revealed that it is partnering with BeefLedger, an Australian blockchain platform on a pilot program that will deploy blockchain technology for end-to-end tracking of Australian beef exports. Aimed at improving food safety, export security and animal welfare in Australia, the program will use a distributed ledger […]
Bitcoin Nothing More Than a ‘Lottery Ticket’: Harvard Economist
Former IMF Chief Economist and current Harvard University Professor of Economics and Public Policy Kenneth Rogoff believes that bitcoin and other cryptocurrencies currently amount to little more than “lottery tickets” at this moment in time. Writing in the Guardian on Monday, Rogoff stated that while some believe that cryptocurrencies have had their day and are on an […]
Regulatory Overreach is Crippling the U.S. Crypto Sector: Law Prof.
A law professor has reached an unflattering conclusion regarding the regulatory climate of the crypto space in the United States — it’s confusing! According to Carol Goforth, who teaches at the University of Arkansas School of Law, “overlapping regulations produced by a multitude of distinct agencies with different missions and priorities” has resulted in a “confusing mix of […]
Huobi Launches Multi-Stablecoin HUSD
For some, perhaps the only thing better than a stablecoin is a universal stablecoin – one that’s usable wherever stablecoins are accepted. That’s what Huobi has launched in its new HUSD token, which supports four major stablecoins: Gemini Dollar, Paxos Standard, USDCoin, and True USD. The function is simple enough – by holding HUSD, users […]
How Binance Decentralized Crypto Exchange Beta Launch in 2019 Will Impact the Market
Binance, the world’s largest crypto exchange by daily trading volume, is set to launch a beta version of its decentralized exchange (DEX) by early 2019. Changpeng Zhao, the CEO of Binance better known to the community as CZ, said on Saturday: “Just had a productive meeting for Binance DEX (decentralized exchange), where BNB will be […]
20% of Coinbase Trades are Made by the Cryptocurrency Exchange Itself
When trading on a cryptocurrency exchange, investors have little-to-no information about the person trading against them, that is, the person on the other side of their buy and sell orders. Subject to the geographic restrictions of the exchange, that could be someone who lives in your neighborhood, or it could be someone who lives on […]
Peoplewave is placing HR on the Blockchain
Wavebase from Peoplewave is looking to bring HR out of the dark ages and revolutionise recruitment, background checks, onboarding, performance reviews and people management by utilising blockchain technology. Two things that blockchains are really good at are transparency and immutability, something sorely lacking in the world of human resources. According to international research 56% […]
South African Authorities Investigate $8 Million Crypto Investment Scam
South African authorities are investigating a company called Bitcaw Trading Company for investment fraud following a loss of more than 1 billion rand (approx $8 million) affected 28,000 people, according to a news release from the South African Police Service. A unit called the Serious Economic Offenses Unit will investigate the fraud. Authorities believe certain individuals were targeted […]