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Binance


The Malta Stock Exchange announced today that Binance, one of the world’s leading cryptocurrency exchanges, is backing its newly launched program to support fintech startups and entrepreneurs. Known as a tiny archipelago between Sicily and the North African coast, Malta, along with several other microstates including Bermuda, Liechtenstein, Gibraltar and San Marino, have joined the race …

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Invented to democratize access to funding, it could be argued the crypto token hasn’t quite lived up to its goal. Already gone are the days when any investor could get access to the next big offering (most early issuances, it seems, are now catering to the same stable of Silicon Valley VCs). But one new project …

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Binance, one of the world’s largest cryptocurrency exchanges, has announced it is launching a $1 billion “Social Impact Fund” to foster the growth of blockchain and cryptocurrency startups. Ella Zhang, head of the exchange’s incubator program Binance Labs, said during an online meetup Thursday that the capital for the fund will be coming from Binance’s own …

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When it comes to regulating blockchain tech, bigger isn’t always better – at least that’s the thesis driving Bermuda’s nascent regulatory efforts. “Small ships can turn quickly. That’s the beauty of Bermuda,” Premier David Burt told CoinDesk. Bermuda is one of several small territories and microstates striving to leverage their nimble governments to attract blockchain and crypto …

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Zhao Changpeng, the CEO of popular crypto exchange Binance, said that the initial coin offering (ICO) model is preferred to venture capital – even with the risk of fraud. In a blog post published Monday entitled “ICOs — Not Just ‘Good-to-Have,’ But Necessary,” the Binance chief took aim at the VC world, notably writing that he …

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Binance plans to set up its new global compliance center in Bermuda over the next few months, Premier David Burt has announced. Speaking at a joint press conference on Friday, Burt announced that a memorandum of understanding has been signed, under which the Binance Charity Foundation will put $10 million toward educational programs related to the tech. An additional …

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Zhao Changpeng, the founder of Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has denied an allegation that he breached an exclusivity agreement with a noted VC firm while negotiating over a potential investment. In a blog post published Thursday, Binance issued a response to a report yesterday which revealed that Zhao …

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The founder of one of the world’s largest cryptocurrency exchanges is being sued by a big-name venture capital firm for allegedly breaching an exclusivity agreement. According to a report by Bloomberg published Wednesday, Binance’s Zhao Changpeng is currently facing a lawsuit brought to the high court in Hong Kong by California-based venture capital firm Sequoia Capital. Citing …

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New York’s attorney general is taking a closer look at some of the world’s most popular cryptocurrency exchanges. Attorney General Eric Schneiderman announced the “Virtual Markets Integrity Initiative” on Tuesday, saying it was “a fact-finding inquiry into the policies and practices” of cryptocurrency trading platforms. Letters were sent to 13 exchanges, seeking information about their “operations, …

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Major cryptocurrency exchange Binance has announced that it will be opening an office in Malta in the wake of yesterday’s news that Japanese regulators had issued a warning to the exchange, Bloomberg reports today, March 23. Hong Kong-based Binance, which is the number one exchange by 24 hour volume listed on CoinMarketCap, will work with …

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Japan’s top financial regulator has issued a warning to cryptocurrency exchange Binance. In a statement published by the Financial Services Agency on Friday, the agency confirmed Thursday’s news that suggested Binance was about to be warned by the financial watchdog given its lack of registration with the regulator. Yet the statement does not entail whether the …

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Bitcoin prices lost around 4 percent Thursday, March 22 and altcoins followed after a controversial regulatory problem at cryptocurrency exchange Binance unsettled markets. BTC/USD rose above $9000 March 20 and found broad support at that level before news involving Binance and Japanese regulators sent prices tumbling by $500 in hours. BTC Price in USD March …

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The CEO of Binance, currently the world’s largest cryptocurrency exchange by trading volume, has hit back at reports that the exchange is to receive a warning from Japan’s financial regulator over its operations in the country. According to a report from Nikkei on Thursday that is being widely cited, the country’s Financial Services Agency (FSA) may be …

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According to a tweet today by @BTCVIC (BTC Trader Telegram Group) that links to a screenshot from Japanese financial newspaper Nikkei’s terminal, Japan is set to issue a warning against crypto exchange Binance, according to a report from the news outlet Nikkei, March 22. Binance, the number one exchange by 24 hour volume according to …

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Earlier this month, cryptocurrency trader Sylvain Ribes investigated into the volumes of most small-scale cryptocurrencies and discovered that the trading volume of OKEx, the fourth largest cryptocurrency trading platform in the world, is mostly inflated. Inflated volumes Ribes, who initially set out to conduct a study on the liquidity of cryptocurrencies and digital assets, utilized …

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While Bitcoin may have revolutionized the way we look at transactions and banking, the brief nine-year existence of cryptocurrencies has been checkered with some monumental hackings and thefts. In a constantly evolving space, Blockchain technology is pushing the envelope while battling against attacks from all sides. Unfortunately, criminality is a reality, but there has been some …

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Binance announced Tuesday that it is launching a public blockchain to facilitate the creation of a new decentralized exchange. The cryptocurrency exchange said the move forms part of a plan to transition from “a company to a community” by developing its new  Binance Chain, which will be used to transfer or trade different blockchain assets. …

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The Binance cryptocurrency exchange is offering a $250,000 equivalent bounty on the arrest of the hackers involved in the March 7th incident, Binance stated in an announcement March 11. According to the announcement, the first person to supply the information that results in a legal arrest, in any jurisdiction, will receive the bounty in Binance …

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2. To be centralized means to trust somebody else to handle your money. In the past, the word “centralized” was a given for all institutions that managed finances.To be centralized means that there is a trusted middleman to handle whatever asset may be in a trade. In a bank, for example, a customer gives their …

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Binance has reassured customers that their money is still in their accounts following hours of speculation that the cryptocurrency exchange had been hacked. “All funds are safe,” Binance chief executive Changpeng Zhao tweeted Wednesday afternoon. Rumors that Binance has been hacked spread that morning after social media users reported seeing their balances at the exchange drained, …

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