Tag Archives: Binance

Many things have been said about the champions who have been at the forefront of making things happen in the crypto space but not much has been known about them. The list below and the descriptions indicate the biggest companies in the industry not only by valuation and capitalization but also by goodwill and corporate presence both online and offline as well. They shall be listed in no particular order of preference. Ripple (Valuation of about $5 Billion)Many people have heard one way or the...

As CoinSpeaker has already reported, the Binance Launchpad Platform is all set to facilitate an Initial Exchange Offering (IEO) for a new crypto project dubbed Troy (TROY) tomorrow, December 3. Over the last month starting November 3, Binance has been recording users’ BNB balances.The final BNB balance will be the average of BNB tokens held over the last month. Based on the final BNB balance, Binance will decide the number of tickets a user can get for the TROY IEO.Furthermore, the...

The largest cryptocurrency exchange in the U.S., Coinbase, reportedly holds the biggest amount of bitcoins. It has 966k BTC, which is a substantial lead over the other exchanges, as per a recent report. BitMEX and Bitstamp are completing the top three, with 265K and 229K respectively.Coinbase Stores The Most BitcoinsThe largest US-based cryptocurrency exchange, Coinbase, stands alone in an intriguing statistics regarding Bitcoin storage. Established in 2012, the exchange has accumulated over...

Pushing the crypto use in the tourism industry, crypto exchange Binance has entered a partnership with crypto travel startup TravelbyBit. The two companies together announced the launch of a rewards card which can facilitate crypto payments on several travel websites.Users of the TravelbyBit travel rewards card will get access to exclusive travel deals and discounts for the hotel as well as flight bookings. The crypto travel card will function as a traditional prepaid debit card wherein the...

While major economies across the globe are pushing for blockchain adoption, Asia’s third-largest economy India is having similar plans. As per the latest report from India Times, the government of India is working on a national blockchain strategy.On Wednesday, November 27, the publication reported that India’s Ministry of Electronics and Information Technology (MeitY) is considering the application of blockchain technology across multiple sectors like banking, governance, finance,...

The recent Upbit hack crashed all the cryptos down and again reminded crypto investors how vulnerable this sector is. However, this was the last among seven majors hacks that happened this year. So, let’s mention some of them:CryptopiaAround January 15, New Zealand-based cryptocurrency exchange Cryptopia said there was $3.2 million in tokens stolen and the company went into the liquidation. However, on Jan. 20, it was reported that as much as $16 million worth of Ethereum (ETH) and ERC20...

Earlier today, news of a possible hack on one of South Korea’s biggest cryptocurrency exchange platforms Upbit made the rounds. Reports had it that the exchange’s customers were confused because they noticed quite a few irregularities with their accounts including the inability to transfer funds. In a recent publication, Upbit has now confirmed that a large and unauthorized amount of funds was moved to an unknown wallet.It’s also worth mentioning that this news has negatively influenced the...

According to recent statistics, only about 7% of the circulating ETH is currently being held in cryptocurrency exchanges. This represents a notable decrease throughout the past few years. Data also reveals how storage was redistributed among the various exchanges over the same period.Ethereum Exchange Storage DecreasesPopular cryptocurrency monitoring resource TokenAnalyst has presented exciting information from the last four years. Within this period, the whole cryptocurrency community...

Binance yet again greets us as “Binancians” and announces a new project called Troy (TROY) on its Binance Launchpad platform. If you have ever participated in a lottery format token sales, then you already know how it is, but if not, let us explain. Binance already started recording user balances on November 3, 2019. Generally, Binance will record user BNB balances until December 3, 2019 (for a whole month), and the final BNB balance will determine the average BNB amount in the user account,...

Could India be on the verge of making a real name for itself in the crypto space?India: The New Big Crypto Haven?The country has often had a very mixed relationship with digital currency, being rather hostile towards the likes of Libra and even threatening jail time for crypto users, but a new crypto merger may be what is needed to ensure digital money’s future within the country’s borders.Crypto exchange Wazir X is now a part of arguably the world’s largest and most popular digital trading...