Binance, the world’s largest exchange, has announced they’ve invested $3 million in over-the-counter (OTC) trading platform, Koi. They’re eager to bolster Koi to help meet their own goals of broadening investment opportunities in the crypto market. San Francisco-based Koi Trading is an OTC desk geared mainly towards institutional investors and wealthy individuals. Binance seems to … Continue reading “Binance Labs Invests in OTC Trading Desk, Koi”
China
Fake News: China Did Not End its Cryptocurrency Ban
Rumors are a dime a dozen. Perhaps without fact checking, several sources reported that China lifted its ban on cryptocurrency. I’m sure it came as a shock to China, too. Cryptocurrency: Fake News? “Chinese crypto ban is already in the past, with the recent news reported by CnLedger, a trusted cryptocurrency news source in China, … Continue reading “Fake News: China Did Not End its Cryptocurrency Ban”
Top Five Conspiracy Theories You Should Know About Bitcoin
Since 2008, Bitcoin experienced a bumpy ride to reach its current status. Some of these challenges include price appreciations, government regulations and massive price drops. However, the biggest debate raging around this digital coin is the currency’s anonymous nature which leads to several conspiracy theories. Due to the unregulated nature of cryptocurrencies, crypto-markets are akin … Continue reading “Top Five Conspiracy Theories You Should Know About Bitcoin”
China’s eCommerce Powerhouse Launches Research Lab
China has made it clear that it may not be pro-cryptocurrency but it definitely wants to be a global leader in blockchain technology. Recently, the ruling party in China released guidelines that sought to explain blockchain technology and its possible applications to its party members. Also, the Central Bank of China is conducting research into … Continue reading “China’s eCommerce Powerhouse Launches Research Lab”
A Cashless Society has Arrived — in China
In some ways, China is living the dream that many crypto-enthusiasts only hope will be possible. In this cashless society, mobile apps have taken over, where paper tender was very common before. Merchants and customers seem more connected, and the whole system more seamless. But are they truly living the blockchain dream? And if so, … Continue reading “A Cashless Society has Arrived — in China”
China’s Bitcoin Dominance Concerns Trump White House
World powers use to ridicule cryptocurrencies, such as Ripple and Bitcoin. According to them, it was nothing more than a fad that would go the way of the dinosaur. However, it’s becoming clear that cryptocurrency really is here to stay. Global governments, US officials, and top investors agree. But there’s a problem. China is beginning … Continue reading “China’s Bitcoin Dominance Concerns Trump White House”
China Drafting New Blockchain Standards for 2018
The China Electronics Standardization Institute (CESI) is releasing three new blockchain standards for smart contracts and privacy. All in an effort to improve the country’s rapid development of the blockchain industry In fact, CESI’s standards will include basic standards, information security standards, process and method standards, business and application standards and credible standards. In addition, … Continue reading “China Drafting New Blockchain Standards for 2018”
U.S., China and Russia Rush to Military Blockchain Technology
Blockchain has taken on a life all its own. All thanks to the trust it can provide. Now, military officials and companies around the world are looking to use it for defense industry innovation and national security. Military Super Powers in Blockchain Race The U.S., China and Russia have always been on the lookout for … Continue reading “U.S., China and Russia Rush to Military Blockchain Technology”
Three Reasons to Own Ripple Long-Term
At 31 cents, Ripple (XRP) has become a bargain with plenty to get excited about. Here are the top three reasons to consider the coin today One: Adoption by YouTube and Twitch Ripple’s former CTO created a platform called Coil, which is integrated with YouTube and Twitch. Coil wants to give content creators more ways … Continue reading “Three Reasons to Own Ripple Long-Term”
China Central Bank Issues Another ICO Warning
The People’s Bank of China (PBoC) is out with a new warning. In fact, the newly issued note disapproves of the unauthorized and illegal ICO financing model. That’s because it represents a “serious disruption” for the “economic, financial and social order,” as reported by Coindoo.com. “[ICOs are] suspected of illegally selling tokens, illegally issuing securities, … Continue reading “China Central Bank Issues Another ICO Warning”