Since its launch in July 2017, Binance has established itself as a leader among crypto exchanges. It has managed to maintain its dominance largely by regularly adding new features, and proving itself capable of adapting to the rapidly changing market. It now appears ready to take its boldest step to-date by soon launching its decentralized…
It is no secret that many of the world’s largest corporations are exploring the potential of blockchain technology and cryptocurrency. Secure, distributed ledgers promise to substantially improve efficiency across many business sectors as well as create entire new markets for goods and services. Among the leaders in this space is Samsung, which has initiated a…
There is no shortage of crypto advocates that are anxious about the present bear market, as more than a year has now passed since Bitcoin and altcoins marked their all-time highs. Whereas volatility is the norm among cryptocurrency markets, a true recovery has been expected for quite some time. Simply put, the impressive development of…
Cryptocurrency’s potential to undermine state-backed fiats is one of the most debated subjects among blockchain advocates. Although it is too early to have a clear answer to this issue, governments are deeply concerned. A proposed solution to the growing threat of cryptocurrency is for states to issue official alternatives. Supporters assert that these central bank…
Questions surrounding the failure of QuadrigaCX continue to grow as more speculation of foul play emerges. The exchange, Canada’s largest, recently shut down after the death of its CEO, taking with it an estimated USD $190 million worth of customer’s crypto deposits. Now, amid rumors of fraud by the exchange’s operators, claims are emerging that…
A series of increasingly curious events continue to unfold around QuadrigaCX, Canada’s largest cryptocurrency exchange. The service has closed, claiming to have lost access to most of its funds. However, analysts have uncovered what may be transfers of the so-called inaccessible cryptocurrencies, as well as evidence of accounting inconsistencies surrounding the exchange’s handling of its…
State support of cryptocurrency is a thorny issue, as governments and central banks are caught between recognizing its advantages, yet accepting how it promises to radically change the existing financial infrastructure and possibly undermine the value of centralized fiat. Thus, most states, and their leaders, are not yet prepared to fully embrace blockchain assets, and…
Cryptocurrency advocates have long held that blockchain assets will revolutionize the banking industry, as crypto wallets will replace traditional bank accounts, and banks will no longer be needed to facilitate most financial transactions. For their part, banks have been cautiously supportive of blockchain’s potential, yet at the same time critical of decentralized cryptocurrencies. With crypto…
The blockchain space is known for its tremendous volatility and risk, yet there is no doubt that mass adoption of the technology will soon take place. This tremendous interest in blockchain has created a strong demand for experts across the sector. Job opportunities are numerous, with workers able to command large salaries. Also, given the…
Over the past several months a number of developments have emerged that enable blockchain technology to be used in the purchase, management, and trading of traditional assets. Blockchain-based security tokens will enable stocks, bonds, or other financial products to be linked to immutable distributed ledgers. Much like stablecoins, which are backed by fiat currency, security…
