Binance DEX to Add a Crypto Token Pegged to Bitcoin Cash (BCH), BCH-1FDThe CEO of Binance, Changpeng Zhao, has recently proposed that a new token pegged to the Bitcoin Cash (BCH) network should be listed on the decentralized version of the network, Binance DEX.According to the latest token issuance and listings section of the company, BCH-1FD should be listed on the pl
Binance DEX Adds BNB/BUSD Trading Pair, Burns $36.7 million worth of Binance CoinThe decentralized exchange rolled on by crypto exchange giant Binance earlier this year is now offering it's clients a new service to purchase and sell Binance’s new USD-pegged stablecoin with BNB.On Oct 17, on its official Twitter platform, Binance DEX announced a new listing on its platform, BNB/B
Fidelity Vice President: Bitcoin Risks for Retail Investors Much Different Than Institutional InvestorsIn an interview with CNBC Squawk Box, Kathleen Murphy – the Fidelity Investment’s Personal Investing President, states – “We want to be very careful that investors don't –who aren't institutional investors don't make a mistake with cryptocurrency.” The bitcoin market has acquired almost 90 percent o
Binance Futures Volume Exceeds Spot Volume While OKEx Leads the Futures RaceBitcoin futures were first introduced in 2017, at the peak of the bull run by the CME Group and Cboe. After this launch, BTC price lost 84 percent of its value in 2018.Since then, however, while Cboe delisted Bitcoin futures, in March this year, many new entrants have heated the competition.Intercon
Bitcoin Mining Rigs Set for New Upgrades as 2020 Block Reward Halving ApproachesBitcoin halving set for 2020 has seen manufacturers of mining machines up the game in preparation for the event. Leading firms within this arena are now producing more efficient Bitcoin mining rigs with notable players such as Bitmain, Ebang and Pangolin increasing power by over 500%.At the moment, 
Blockchain App Total Transactional Volume is Down By 40% Via Data from Six NetworksPeople are not using decentralized apps (dapps) so much anymore. According to a recent report made by The Hard Fork’s Next Web, the dapp transaction volume is down by nearly 40%, hitting just $2.03 billion USD.Not only the transactions are not as intensive as they were before, but not many new dapps
Binance DEX Launching A XRP-Pegged Crypto Token Called “XRP-BF2”The leading cryptocurrency exchange Binance is launching a token pegged with the third-largest digital asset XRP. Binance CEO, Changpeng Zhao broke the news on Twitter after a Twitter use shared the link from the Binance Chain where it states the asset “XRP-BF2” will have a supply of 10 million.This
Bittrex Exchange Adds Chainalysis’ Real-Time Monitoring Software For Suspicious Crypto TransactionsBittrex, a cryptocurrency exchange based in the United States, has adopted a new compliance tool for its product. According to the executives of the company, the new tool, which was created by Chainalysis, can be used to monitor and flag suspicious transactions on the exchange.Chainalysis KYT (Know
Bitfinex and Tether Gains Victory over NYAG in $900 Million Court CaseCryptocurrency exchange Bitfinex has won a motion in the New York Supreme Court, meaning it doesn't need to turn over the documents regarding its use of Tether to the New York Attorney General's Office (OAG).According to the court order on Tuesday, the Appellate Division of the Supreme court stayed
Binance Futures Trading Volume Surpasses Spot BTC Volume While Bakkt Means “Institutions Will Trickle In”Binance futures continues to grow at a rapid pace as its trading volume exceeds spot Bitcoin volume at times, shared CEO Changpeng Zhao.In the past 24 hours, the volume traded on the Bitcoin futures platform of the leading cryptocurrency exchange Binance was $700 million versus $800 million recorded