It’s Water Under the Bridge as Zuckerberg & Winklevii Talk Crypto: Report

It’s Water Under the Bridge as Zuckerberg & Winklevii Talk Crypto: Report By CCN: Mark Zuckerberg has been collaborating with his old rivals, the Winklevoss twins, to launch a digital currency that can be used across Facebook, WhatsApp, Instagram and beyond, according to a report in the Financial Times. Facebook’s cryptocurrency, reportedly dubbed GlobalCoin, is

Shell-Shocked HitBTC Users Shout ‘Fraud’ in Response to Severe KYC

Shell-Shocked HitBTC Users Shout ‘Fraud’ in Response to Severe KYCBy CCN: HitBTC users are being asked to provide excessive detail about the derivation of their funds, according to multiple sources. Even Bitcoin developer Luke-Jr was forced to undergo KYC in order to withdraw funds. The famous small-blocker reportedly had chosen the exchange for its perceived

ShapeShift CEO Erik Voorhees Wants Whole World in Crypto’s Big Tent

ShapeShift CEO Erik Voorhees Wants Whole World in Crypto’s Big TentBy CCN: With the bitcoin price trading above $8,000 once again, the mainstream financial media has once again taken an interest in cryptocurrencies. ShapeShift CEO and Founder Erik Voorhees was featured in an interview with Bloomberg where he confronted the bitcoin bubble debate and regulation.

Coinbase Goes for Tether’s Throat, Catapults USD Coin Into 85 Countries

Coinbase Goes for Tether’s Throat, Catapults USD Coin Into 85 CountriesBy CCN: Given the widely publicized troubles faced by Tether (USDT), there is a massive opportunity for a competitor to wade into the stablecoin arena. It appears that Coinbase will be that adversary, as the crypto exchange is taking the opportunity to double down on

Tron’s Justin Sun Offers to Deposit 7,000 BTC into Hacked Binance

Tron’s Justin Sun Offers to Deposit 7,000 BTC into Hacked BinanceBy CCN: It’s during the tough times that you find out who your real friends are. If there was any doubt the crypto ecosystem is filled with people who respect Binance CEO Changpeng Zhao, they were erased today. If you didn’t hear, Binance suffered a

Binance Hacked: Bitcoin Exchange Suffers $40 Million Security Breach

Binance Hacked: Bitcoin Exchange Suffers $40 Million Security BreachBy CCN: Binance, the No. 1 cryptocurrency exchange based on trading volume, has been hacked. Changpeng “CZ” Zhao, who is at the helm of the exchange, made the announcement on Twitter after previously sharing that “unscheduled server maintenance” was unfolding. The Binance CEO tweeted that it “was not

Bitcoin Nation: 22 Million US Crypto Traders Dwarf Global Rivals

Bitcoin Nation: 22 Million US Crypto Traders Dwarf Global RivalsBy CCN: The overwhelming majority of crypto traders come from the United States, according to surprising new research from DataLight. The firm analyzed traders using the top 100 Bitcoin exchanges and found that over 22 million users hail from America. The next in line is Japan

CoinMarketCap Looks to Repair Tainted Image with More Trustworthy Data

CoinMarketCap Looks to Repair Tainted Image with More Trustworthy DataBy CCN: Started as a side project in May 2013 by a lone developer in a Queens, New York apartment, CoinMarketCap celebrated its six-year anniversary last week. The website, which keeps track of the market capitalization of bitcoin and more than 2,100 altcoins, commemorated the milestone

Blockchain Researchers Look to Overhaul Crypto Exchange Ranking Data

Blockchain Researchers Look to Overhaul Crypto Exchange Ranking DataBy CCN: ‘Reported volume’ is the default metric that people look for when determining the ranks of crypto exchanges. ‘Reported’ and ‘adjusted’ volumes wildly differ on sites like CoinMarketCap.com. For example, if you look at the image below, you’ll notice a wild difference in “reported” and “adjusted”

CZ’s Kumbaya Moment with Ethereum Proves Crypto Has Turned a Corner

CZ’s Kumbaya Moment with Ethereum Proves Crypto Has Turned a CornerBy CCN: These are heady times for Binance Coin (BNB), the in-house cryptocurrency launched by the world’s largest crypto exchange, Binance. BNB hit a new all-time high a few days ago and the exchange successfully launched Binance chain, which features BNB and marks the coin’s