Dip in trading at Binance and other major crypto exchanges confounds experts

New research from Sanford C. Bernstein & Co. suggests that revenue generated by cryptocurrency exchanges could more than double to hit $4 billion in 2018, Bloomberg reports August 17. The report, titled “Crypto Trading — the Next Big Thing is Here?,” argues that the protracted crypto bear market is unlikely to impact the burgeoning revenue…

How do the decisions of the United States Federal Reserve affect Bitcoin and the broader crypto markets? 281 Total views 13 Total shares “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss how the United States Federal Reserve and its chair, Jerome Powell, influence the crypto market.But…

In another major milestone for cryptocurrency adoption, United States bank PNC will begin using RippleNet to process international payments for its clients.Ripple made the announcement on Sept. 19, stating that PNC’s Treasury Management unit will be using its xCurrent software solution to expedite cross-border transactions for the bank’s U.S. commercial clients.According to initial reports, xCurrent…

The crypto community, including prominent industry lawyers and U.S. Senator Cynthia Lummis, is sounding off about the new lawsuit filed by the U.S. SEC against cryptocurrency exchange Kraken. 193 Total views 6 Total shares The crypto space has been making its feelings known about a lawsuit filed by the United States Securities and Exchange Commission

The “Guangdong, Hong Kong and Macao Dawan District Blockchain Alliance” has been established to promote synergy and innovation and jointly promote the development of the blockchain technology, China News, the official state-run press agency, reported Nov. 9.The newly established alliance — initiated by the Guangzhou City Blockchain Industry Association, the Hong Kong Blockchain Industry Association,…

Decentralized applications (dApps) are becoming increasingly popular as more businesses and developers seek to leverage the benefits of decentralized networks such as blockchain. However, developing dApps can be complex and time-consuming. To simplify the process, developers can use frameworks that provide a set of tools and functionalities to test, compile, deploy and debug their applications.…

FIX Network is partnering with NEM to provide a solution that prevents SIM swapping. 1467 Total views 24 Total shares In the US alone, over $55m has been stolen through SIM swapping attacks since 2018. NEM, a blockchain-based ecosystem, believes that decentralized apps could provide a meaningful solution to this problem.According to NEM, they’re working…

Binance’s policy allows investors to get compensation on trading losses due to system or internal issues but does not cover the “what could have been” situations. 302 Total views 11 Total shares Outages in crypto exchanges have resulted in losses for investors trying to get out in time. While Binance has been proactive in neutralizing…