Binance Officially Launches Its 2.0 Platform With Margin Trading

Top crypto exchange Binance has launched its margin trading platform, an official blog post published today, July 11, reveals. Binance’s move to expand trading possibilities to meet the full scope of institutional and retail traders’ needs had already been indicated by exchange CEO Changpeng Zhao this May — the same month the exchange had suffered …

Crypto Payment Platforms Offer Working Examples — Competition Heats Up

Once seen by the mainstream zeitgeist as a fringe technology destined to languish on the outskirts of society, cryptocurrency today is alluring many leaders of the fintech sector by offering companies the prospect of being at the forefront of the largest financial revolution of the past century. With mainstream society increasingly accepting Bitcoin (BTC) as …

Polish Crypto Exchange BitMarket Shuts Down Citing Liquidity Loss

Polish cryptocurrency exchange BitMarket announced its shutdown on its official website on July 8. When trying to access the exchange through its website, users are instead greeted with the following text message in both English and Polish: “Dear Users, We regret to inform you that due to the loss of liquidity, since 08/07/2019, Bitmarket.pl/net was …

Fortress Offers to Buy Mt. Gox Bitcoin Claims at $900 a Piece

Fortress Investment Group is buying bitcoin (BTC) claims from Mt. Gox creditors, according to a report by CoinDesk on July 8. The Japan-based cryptocurrency exchange Mt. Gox filed for bankruptcy in 2014 after losing $473 million worth of bitcoin at the time due to an apparent hack. Bitcoin reportedly experienced a subsequent decline in value, …