Monthly Archives: April 2020

Bitcoin Is Not Cash For the World: Recap of Webit Fireside Chat with Roger Ver

Cointelegraph joined the Webit Virtual fireside chat with Roger Ver, who believes that cryptocurrency, but not Bitcoin, is the way forward in a post-Coronavirus world. On April 29, Cointelegraph participated in a fireside chat event organized by the Webit Foundation. The panel, with the title of “Can blockchain be a solution for the upcoming economic crisis,” featured Roger Ver from Bitcoin.com as the main speaker. Like all events during the Coronavirus pandemic, the panel was held virtually, with its participants dialing in via video conference. The talk […]

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Is Binance Getting Too Big? CZ Responds

In an exclusive interview with Cointelegraph, Binance founder CZ responded to concerns about the size of his company. Cointelegraph conducted an exclusive interview with Binance founder and chief executive, Changpeng Zhao, or CZ, during Virtual Blockchain Week. During the discussion, CZ addressed concerns from the crypto community regarding the size and influence of Binance amid the firm’s increasing acquisitions and horizontal expansions. CZ: ‘the free market works’ On the topic of Binance’s increasing presence within the crypto ecosystem, CZ stated: “I think basically there’s two sides to […]

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Mainstream and Crypto Bear Markets Have Not Stopped Binance Expansion

Neither the crypto bear market of 2018 nor the current mainstream financial crisis have stopped crypto exchange Binance from expanding. Over the past three years, Binance has expanded its operation, even through a major crypto bear market. This trend has continued into the current coronavirus-induced mainstream financial crisis. “We always continue to expand even during the bear market in 2018, which is when we launched our community blockchain initiative, Binance Chain,” Binance co-founder Yi He told Cointelegraph. “Also, we began exploring partners around the world for local […]

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CoinMarketCap Sees Fewer Chinese Users Amid Coronavirus Pandemic

CoinMarketCap’s traffic decrease from China coincided with similar action on leading Chinese cryptocurrency exchanges. CoinMarketCap, which recently became a Binance company, released a report on Q1 crypto market performance, as seen from its perspective. One of the more interesting details is the significant decrease in users from China.  As revealed by the report, published on April 30, China fell from 13th to 24th position in the country rankings by page views. A less dramatic but sizable decrease was also seen from South Korean users, who fell by […]

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Mike Novogratz on Telegram: ‘We Don’t Need Another Crypto’

As Telegram delays TON launch, Mike Novogratz said that the crypto community doesn’t need either TON or Grams at all. As Telegram again delays the launch of its Telegram Open Network (TON) after missing their April 30 deadline, some key players in the crypto industry don’t want Telegram to launch the coin at all. Michael Novogratz, CEO of crypto merchant bank, Galaxy Digital, and one of the biggest Bitcoin (BTC) bulls, expressed a sceptical stance to Telegram’s blockchain and crypto project in an April 30 tweet. Novogratz […]

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Interest in Bitcoin Spikes Worldwide During COVID-19 Crisis

Bitcoin might not be the most stable asset out there, but it is more stable than some economies. The demand for cryptocurrency in certain countries is growing amid the COVID-19 pandemic. Bitcoin (BTC) peer-to-peer trading volume in Argentina, Chile, Venezuela and Morocco has peaked over the past few weeks, marking new all-time highs.  Additional reports suggest that traffic on centralized cryptocurrency exchanges has also peaked within the past few weeks, while major trading platforms such as Kraken and Coinbase have commenced hiring sprees due to increased customer […]

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Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American Imperialism, De-Dollarization

During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover, with the U.S. economy feeling the hardship of over 30 million unemployed Americans and the petro-dollar on life support, many economists think that de-dollarization is coming and this period marks the end of U.S. monetary hegemony. Following the Covid-19 pandemic and the government’s recent schemes, the well known economist Michael Hudson has […]

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Binance Widget Available to All Brave Desktop Browser Users

The privacy oriented and crypto token powered Brave Browser just announced that in their latest desktop browser update (version 1.8) there is a built-in Binance widget available to all users (no need to install anything extra). The partnership between Brave and Binance has been announced last month and up until today the Binance widget was only available to the beta releases of the browser, but the latest official update brings the feature to all users. The integration of a widget that can be connected directly to a […]

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How Blockchain Disrupts Acquiring, Remittance and Corporate Settlement

An ultimate financial game-changer: Blockchain technology has dramatically changed the traditional finance industry, and there is more to come. A few years ago, blockchain technology gained significant traction and was regarded as a truly revolutionary tool for any industry, providing opportunities to significantly update the way of doing business in many areas. As a result, numerous illicit actors didn’t neglect to use the opportunity to capitalize on hype and use the situation for personal enrichment.  Only after an insane amount of marketing money was poured into this […]

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37% Expect Bitcoin’s Hashrate to be Higher After Halving: Poll

About 37% of the crypto community expects BTC’s hashrate to be higher 1 month after the block halving than it currently is. About 37% of the cryptocurrency community expects Bitcoin’s (BTC) hashrate to be higher one month after the block reward halving than it currently is, according to a recent poll. Cryptocurrency portfolio tracking application, Blockfolio, polled its users on April 27. They asked whether they believe Bitcoin’s hash rate will be higher or lower one month after the halving. The community has a positive outlook Blockfolio’s […]

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