To many, Bitcoin is a censorship-resistant, decentralized, immutable, and borderless transactional tool that transcends centralized boundaries. But for many Westerners, these inherent features aren’t something that’s all too useful in day-to-day life. However, with the rise of Internet censorship and anti-“radical” narratives, some believe that the need for decentralized mediums of value and information cannot come…
While 2018 has undoubtedly slowed the crypto industry’s progress, a number of startups have forged ahead in their development efforts. And just weeks after Binance released a sneak peek of its in-house blockchain, which is currently centered around a low fee, near-instant, and scalable decentralized exchange, so has Huobi. Related Reading: Zhao: Binance Chain to Be Ready in “Months,”…
While the holiday spirit was in full swing over the past week, the crypto industry maintained its unrelenting drive for growth and adoption. The Litecoin Foundation divulged a sponsorship with the UFC, while Bitcoin’s Lightning Network continued to swell. However, it hasn’t been all sunshine and rainbows, as the Electrum Wallet came under attack, while…
Crypto exchange Kraken has launched margin trading options for two of the top digital currencies by market capitalization, Bitcoin Cash and XRP. High Risk Margin Trading Expanded at Kraken Margin trading allows users to leverage their accounts with funds they do not actually possess. This can lead to far greater profits but and also greatly…
A recent report in the Wall Street Journal details how Bitcoin is becoming an increasingly mainstream asset and is starting to develop strong correlations with traditional assets, including Gold. The report cites the increase in institutional funding, increasing venture capitalist (VC) investments, and growing mainstream adoption as possible factors behind its increasing correlation with traditional markets. Despite…
For much of 2018, crypto startups seemed invincible. As Bitcoin (BTC) collapsed, falling to new multi-month lows each and every month, this industry’s participants barely flinched. Yet, as 2018 has come to a head, a number of industry heavyweights have ostensibly fallen victim to financial shortcomings, dropping the guise of fortitude in a hot second, so to…
New restrictions over e-commerce businesses operating within India’s borders have raised concerns that major online retailers like Amazon and Walmart will have it “tough” in the region. However, it’s Walmart that could be left on the ropes following this new rule change, considering Amazon’s dominance in the e-commerce space. Walmart’s Opportunity To Beat Amazon May…
The Singapore-based cryptocurrency exchange KuCoin has announced that they are delisting ten crypto tokens under their Special Treatment Rules framework that ensures that the tokens listed on the platform meet a strict set of operational criteria. The platform’s decision to delist these tokens comes amidst a persisting bear market that is leading many smaller cryptocurrencies…
According to several reports, crypto mining giant Bitmain is running out of funds. And it could be bad for Bitcoin Cash and Litecoin. $315.5 million worth of Crypto-Assets Kyle Samani, the co-founder of Multicoin Capital, a crypto fund, warned in a Tweet that Bitmain would liquidate its crypto-assets to accumulate fiat-funds for its business operations.…
Bear market or not, Binance has been one of the crypto industry’s biggest shakers and movers in 2018. The exchange has undergone massive expansion both geographically and internally with a raft of new products and services. Chief Executive, Changpeng “CZ” Zhao, has rounded up the year and posted a few thoughts for the coming one.…