Binance US is Finally Launching, Will Co-Exist with Coinbase: CEO Zhao

By CCN Markets: Binance, the world’s largest crypto exchange by trading volume, is launching in the U.S. with a partnership with BAM Trading Services Inc. as Binance.US. The price of Binance Coin is up more than four-fold year-to-date (source: coinmarketcap.com) Speaking to CCN in an exclusive interview, Binance CEO Changpeng Zhao explained the motive behind …

Bitcoin Trader Commits Suicide after Losing 2,000 BTC on 100x Leverage Bet

By CCN Markets: A Chinese Bitcoin trader has allegedly committed suicide after he lost investor’s money in a highly leveraged trade position. According to 8btc, Hui Yi lost 2,000 Bitcoins after he entered a short position which was liquidated after it went in the opposite direction. The trader, who was the co-founder and CEO of …

Binance Suffers Crippling Lag, Angry Crypto Traders Lose Thousands

By CCN: Binance users experienced extreme lag this morning, specifically with trade settlement and balance syncing. CEO Changpeng Zhao confirmed the issue on Twitter and promised the crypto exchange was working on it. Bitcoin Traders Scream Bloody Murder as Binance Succumbs to Lag Consequently, several crypto traders got stuck in trades they would otherwise have …

Defiant Binance CEO Insists ‘We Aren’t Short on Funds’ after $40 Million Hack

By CCN.com: Binance CEO Changpeng Zhao says that the exchange is not hurting at all after the $40 million hack that reportedly took place earlier today, in which hackers managed to withdraw around 7000 BTC. He encouraged anyone that wanted to make donations to make them instead to Binance Charity, during a live stream on …

Blockchain Researchers Look to Overhaul Crypto Exchange Ranking Data

By CCN: ‘Reported volume’ is the default metric that people look for when determining the ranks of crypto exchanges. ‘Reported’ and ‘adjusted’ volumes wildly differ on sites like CoinMarketCap.com. For example, if you look at the image below, you’ll notice a wild difference in “reported” and “adjusted” volumes at press time. Ranking Exchanges Beyond Their …

Cosmos Soars 27% Upon Binance Listing, Earns Crypto Community Praise

By CCN.com: ATOM, the native crypto asset of the highly anticipated Cosmos blockchain network, has been listed by Binance, the world’s largest crypto exchange. ATOM rises by more than 27 percent in the past 24 hours (source: coinmarketcap.com) Changpeng Zhao, the CEO of Binance, said that the development team behind Cosmos refused to communicate with …

Craig Wright and Calvin Ayre’s ‘Troll Hunt’ is Annoying Binance

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Binance Supports First Live Property Auction Using BTC and BNB

Cryptocurrency exchange Binance is partnering with real estate auctioneer James Pratt Auctions (JPA) to launch a live property auction using bitcoin and Binance Coin (BNB). On April 8, buyers can bid on – and buy – a futuristic-looking, luxury, beach-front mansion nicknamed ‘The Jetsons” in Casuarina, New South Wales, using BTC or BNB. The auction …

How They Made a Crypto Fortune

The Hurun Global Rich List was released this week, featuring five cryptocurrency billionaires.  Hurun also names blockchain the “fastest-growing new industry” in the world, despite an epic bear market wiping out crypto market value in 2018. The five blockchain billionaires include individuals from Ripple, Coinbase, Binance, and Bitmain. Let’s see how they amassed their fortunes. …