Learn How Trade Crypto
The largest crypto exchange by volume is making its U.S. debut next week. Binance.US said today that the platform will open registration and deposits on September 18. According to a company blog posting, the launch will initiate a rollout of multiple Binance products across the U.S. After registration, six cryptocurrencies will be available for deposits including bitcoin, ethereum, […]
Chat with your friends – and get paid to do it. The Stellar Development Foundation and messaging service Keybase announced Monday a 2 billion XLM airdrop, the largest in Stellar’s five-year history, worth roughly $120 million. Over the next 20 months, Keybase users can expect monthly airdrops of 100 million XLM. Keybase currently has 300,000 active users across its […]
Crypto mining giant Bitmain is launching two new models for its Antminer range of bitcoin mining devices, one of which is its most powerful yet. Announced Friday, the Antminer S17e has a hash rate (mining power) of 64 terahertz per second and a power efficiency of 45 joules per TH. The numbers compare favorably with […]
As cryptocurrency becomes more widely used, Square will transition to providing a broader range of “internet services” rather than just financial technology, co-founder Jack Dorsey predicted. In an Aug. 5 interview with The Australian Financial Review, Dorsey detailed how he believes the emerging asset class will shape his company’s development. He said: “In the long term [cryptocurrencies] […]
Yesterday’s crypto market carnage saw over $20 billion in USD value wiped out from the total crypto market capitalization. The dump affected nearly all crypto assets, including Ethereum, EOS, and Litecoin – even Bitcoin, which has maintained support despite altcoins collapsing around it. But new data shows that it may have been altcoins collapsing that dragged down Bitcoin. A side-by-side comparison […]
Hotmine CEO Oles Slobodenyuk couldn’t have picked a better place to pitch his product: a bitcoin mining rig that doubles as a home heating appliance. Irkutsk, Eastern Siberia, is famously cold in the winter, when subzero temperatures are the norm. So a few weeks ago, when Slobodenyuk took the stage at the Baikal Blockchain and […]
The former head of the Securities and Exchange Commission’s (SEC) Cyber Unit is moving to private practice. Robert A. Cohen will join the corporate law firm Davis Polk & Wardwell LLP as partner. The firm is known for representing several crypto firms including Coinbase, as well as large legacy financial institutions, according to a Wall […]
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface. And it probably won’t use a blockchain. While inspired to some degree by bitcoin and the like, the effort is explicitly framed as a strategy to beat them back. The project was […]
As U.S. cryptocurrency users eagerly await tax guidance from the Internal Revenue Service (IRS), they can find hints of what may come in the agency’s recent warning letters. The tax collector said earlier this year that its first guidance on crypto since 2014 is coming, but it’s not clear what information will be provided or when it will […]
Yesterday, President Trump took to Twitter to castigate the U.S. Federal Reserve for not cutting rates swiftly enough. Noting that three countries—New Zealand, Thailand and India—each announced surprise rate cuts on Wednesday, Trump said the Fed was not keeping pace: [The Fed] must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW… We […]