Morgan Stanley: Bitcoin is a New Institutional Investment Class

Morgan Stanley: Bitcoin is a New Institutional Investment ClassThere is a rapidly growing interest in bitcoin and other cryptocurrencies among institutional investors while there seems to be lethargy in the number of retail buyers operating within the space. As such, bitcoin and altcoins now constitute a new institutional investment class since 2017, according to new

How Binance is Legitimizing the Crypto Market by Eliminating Money Laundering

How Binance is Legitimizing the Crypto Market by Eliminating Money LaunderingBinance, the world’s largest crypto exchange, has voluntarily engaged in an initiative to eliminate money laundering on its platform. For years, despite the inherent lack of privacy measures on major public blockchain networks like Bitcoin and Ethereum that discourage the settlement of illicit transactions, a

While Major Crypto Exchanges Flourish, Minor Platforms Struggle in Bear Market

While Major Crypto Exchanges Flourish, Minor Platforms Struggle in Bear MarketThe world’s largest crypto brokerage Coinbase is reportedly close to finalizing a $500 million funding round at a valuation of $8 billion, and Binance has started to become more active in the investment sector, funding blockchain startups internationally. While major cryptocurrency exchanges like Coinbase, Binance,

Brazil’s Biggest Brokerage Processes Bitcoin Trades, Gov’t Supportive

Brazil’s Biggest Brokerage Processes Bitcoin Trades, Gov’t SupportiveGrupo XP, the largest independent brokerage in Brazil, has publicly released its plans to launch a Bitcoin and Ethereum trading platform by the end of 2018. Guilherme Benchimol, the chief executive officer of Grupo XP and XP Investimentos SA, stated that the business will integrate Bitcoin and Ethereum

Binance Argues it Does Not Charge 400 Bitcoin For Listing, CEO Clarifies

Binance Argues it Does Not Charge 400 Bitcoin For Listing, CEO ClarifiesChangpeng Zhao, the CEO of Binance, has officially stated that the company does not charge 400 bitcoin ($2.5 million) to list cryptocurrencies on its platform. Legitimacy of the Claim Last week, cryptocurrency researcher Christopher Franko claimed that Binance, the world’s largest digital asset exchange,

Bermuda Amends Banking Act to Favor Blockchain Startups

Bermuda Amends Banking Act to Favor Blockchain StartupsBermuda continues its push to become a global hub for blockchain and fintech innovation, having recently announced plans to change its banking laws to create a class of banks catering to blockchain and fintech companies, according to Finextra. The amendment to the country’s Banking Act follows the recent

Cryptocurrency Exchange Binance to Expand to Jersey

Cryptocurrency Exchange Binance to Expand to JerseyFresh off its expansion into the European island of Malta, Binance — the world’s largest cryptocurrency exchange — has announced that it will create up to 40 new jobs in Jersey. The exchange operator unveiled the plan in a joint statement with local organization Digital Jersey, adding that the

Binance Reopens Trading Following Day-Long Downtime

The post Binance Reopens Trading Following Day-Long Downtime appeared first on CCN Cryptocurrency exchange Binance reopened trading on Friday morning following more than a day of system maintenance and rumors that it had become the latest trading platform to succumb to a hack. Binance Reopens Trading Following Daylong Downtime Trading resumed at 10 am UTC,

Binance Denies Hack Rumors, Plans to Reopen Trading Friday Morning

The post Binance Denies Hack Rumors, Plans to Reopen Trading Friday Morning appeared first on CCN Binance, the world’s highest-volume cryptocurrency exchange, denied rumors that it had been hacked after maintenance dragged on long past its originally-posted timeframe, leaving traders unable to access the platform. Binance Suffers Extended Downtime On Wednesday afternoon, Binance abruptly posted