The CEO of Binance says the exchange had no choice but to delist FTX leveraged tokens because users didn’t understand how to trade them and failed to read the warning notices. In a tweet thread Saturday, Changpeng “CZ” Zhao said too many users had suffered...
Month: March 2020
Hasu: USD Stablecoins Are Flying But Face Business Issues – CoinDesk
CoinDesk columnist Hasu is a pseudonymous crypto researcher publishing analysis for Deribit Insights and his personal blog. “There are decades where nothing happens, and there are weeks when decades happen.” Vladimir Lenin – allegedly The last 30 days have been historic by any meaning of...
Opera’s Android Web Browser Adds Access to .Crypto Domains for 80M Users – CoinDesk
Opera’s Android browser – the “blockchain-ready” web surfing app – added support on Monday for Unstoppable Domains’ decentralized .crypto websites. The partnership grants Unstoppable Domains’ 200,000 registered .crypto domains an immediate inroad into Opera’s 80 million-strong user base. That means they can access Unstoppable’s Ethereum...
Telegram Hopes It Can Still Sell Tokens to Non-US Investors After Court Ruling – CoinDesk
Telegram has asked a court to clarify what exactly it must do to comply with the U.S. Securities and Exchange Commission (SEC) order banning the issuance of its gram tokens. The SEC opposed the move. Last week, U.S. District Court Judge Kevin Castel in New...
Bitcoin Diverges From Falling Equities With $500 Price Rise – CoinDesk
Bitcoin (BTC) is looking buoyant Monday despite renewed risk aversion in traditional markets. The top cryptocurrency by market value picked up bids near $5,850 during the Asian trading hours and rose around $500 to $6,344 at 07:14 UTC. At press time, the global average price,...
US Cash in Circulation Sees Biggest Increase Since the Y2K Bug Panic, Fed Data Indicates – CoinDesk
U.S. currency in circulation has experienced its largest percentage increase in over 20 years, according to data from the Federal Reserve Bank of St. Louis. From March 11 to March 18, dollar banknotes in circulation shot up from around 1.809 trillion to 1.843 trillion, an...
Institution-Focused Crypto Trading Platform Reports 737% Revenue Increase in 2019
Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019. On March 31, BC Group revealed that its OSL digital assets platform had been its largest 2019 earner, accounting for 44% of...
BMW’s Blockchain Solution for Supply Chains to Roll Out in 2020
World-famous car manufacturer BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year. Dubbed “PartChain,” the platform has already been successfully tested by BMW in 2019, an official announcement on March 31 revealed. In its early version, PartChain is...
SEC Claims Telegram Injunction Applies to ‘Any Person or Entity’
The United States Securities and Exchange Commission has opposed Telegram’s request for clarity regarding the geographic scope of a court injunction barring the company from distributing its Gram (GRAM) tokens. In a letter to Judge Castel dated March 30, the SEC asserts that the injunction...
Voatz Bug Bounty Kicked Off of HackerOne Platform
For the first time in its history, bug bounty and vulnerability disclosure platform HackerOne has kicked a company off its platform. Blockchain-based voting platform Voatz has long touted its bug bounty program through HackerOne when asked about the security of its blockchain-enabled mobile voting app. Founded...