Harris vs Trump: Who is the crypto industry backing?
While Donald Trump has been associated with broad support from the crypto community, many people in crypto have endorsed Kamala Harris as well.
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BitMEX crypto exchange steps up AML and trade surveillance measures
New technology will help screen out bad actors, BitMEX says. 958 Total views 3 Total shares BitMEX, one of the world’s biggest Bitcoin (BTC) trading platforms, continues to strengthen its Anti-Money Laundering measures in the aftermath of its criminal charges in the United States.According to a Nov. 12 blog post, BitMEX has partnered with software…
Coinbase layer-2 network Base closes in on mainnet launch
Base, a new layer 2 application-focused protocol by Coinbase has just one criteria left to fulfil before being ready for mainnet launch.On June 29, the team said the Optimism-powered, Ethereum-secured network has been subject to six months of rigorous security audits — both internally and externally — its second-last criteria required for launch.“With the completion…
Starbucks and McDonald’s reportedly not testing China’s digital yuan
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC. 483 Total views 9 Total shares American fast-food giants like Starbucks and McDonald’s are reportedly not participating in China’s ongoing digital yuan tests.According to an Oct. 14 report by news agency Sina Finance, China’s central bank digital currency, or CBDC, is…
Binance Coin regains 20% in a day: Why is BNB seeing such a strong recovery?
The price of Binance Coin (BNB), the native cryptocurrency of Binance and Binance Smart Chain, rallied by more than 20% in the last 24 hours. BNB/USDT 15-minute price chart (Binance). Source: Tradingview.comThe swift recovery comes after a market-wide correction on April 18, during which major cryptocurrencies including Bitcoin (BTC) and Ether (ETH) saw a sharp…
Friend.tech adds new security upgrade in wake of SIM-swap attacks
The team behind the decentralized social media platform Friend.tech has added a new security feature amid attempts to stem a flood of SIM-swap attacks targeting its users.“You can now add a 2FA password to your Friend.tech account for additional protection if your cell carrier or email service becomes compromised,” the team explained in an Oct. 9
Stablecoins post triple-digit growth in 2020, but institutional rivals loom
Despite stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizon. The supply of the Coinbase-backed stablecoin USD Coin (USDC) has grown by 250% since the start of 2020, including an 80% expansion in just the past two months.After starting the year with…
Binance US on track to launch in all 50 states by 2021
‘100% coverage is our goal,’ said Binance US. New legislation may make it possible for Binance US, the American branch of crypto exchange Binance, to open its doors to all traders in every state by next year.According to a Sept. 15 tweet from Binance U.S. CEO Catherine Coley, the digital asset marketplace has just launched…
Mt. Gox Vulnerability Covered Up by Founder McCaleb, Lawsuit Alleges
The latest in the long trail of events since the 2014 shutdown of the then-largest — but now defunct — cryptocurrency exchange Mt. Gox is a lawsuit that two former traders on the exchange brought against founder Jed McCaleb. The traders, Joseph Jones and Peter Steinmetz, allege McCaleb of fraudulently and negligently misrepresenting Mt. Gox to “induce”…