List of the best crypto wallets for Binance Coin (BNB ...
Cryptocurrencies are mixed as Bitfinex destroys 500 million USDT, more than half of its treasury supply
After Coindesk accused Bitfinex, a major cryptocurrency exchange and operator of stablecoin Tether (USDT), of publishing trading volume data from, “a market that doesn’t exist,”, Bitfinex responded, saying they do not publish fake numbers. In its article, Coindesk noted that Bitfinex does not offer a USDT/USD pair, however, their exchange reports substantial trading volume on its exchange for the pairing -- at the time of this writing, daily trading volume for USDT/USD on Bitfinex is reported as USD$33,598,474, or 18.30% of USDT’s total 24-hour trading volume. Bitfinex clarified in its rebuttal, saying they reach their daily trading volume calculation for USDT/USD by calculating the sum of USDT deposits and withdrawals to and from Bitfinex. Bitfinex provided a link to the application program interface (API) where this data is supposed to be visible, however, the link did not work at the time of this writing.
As per the Taipei Times, Taiwan is planning to release draft initial coin offering (ICO) regulatory framework by June 2019. The Taiei Times cited Welington Koo, chairman of Taiwan’s Financial Supervisory Commission (FSC), who spoke at a meeting of the Legislative Yuan Finance Committee, saying, “The more we regulate, themore this new economic behavior wanes.”
Binance, the world’s largest cryptocurrency exchange, has officially launched Uganda’s first ever fiat-to-cryptocurrency exchange, as per an official announcement on Medium. Currently, Ugandans are only able to trade Bitcoin (BTC) and Ethereum (ETH) through the domestic Ugandan shilling (UGX). Called Binance Uganda, the new fiat-to-cryptocurrency exchange is offering zero-fee trading until November 24th, 2018. According to the company statement, the launch of Binance Uganda is part of Binance’s initiative to contribute to blockchain technology development across the African continent -- shortly after their announcement, Binance’s charity wing donated USD$500,000 aid Uganda.
In a blog post published on Wednesday, Tether, the issuer of stablecoin USDT, announced that it, “redeemed a significant amount,” of USDT from circulation and that it will destroy 500 million USDT from its treasury wallet -- the 500 million destroyed USDT represents a whopping 52.8% of its total treasury supply for future issuances. This news comes after the value of USDT dipped below USD$0.90/token last week and after Circle and Coinbase partnered to list stablecoin USDC on Coinbase. Tether refered readers of the announcement to their white paper, where the firm states, "every tether issued or redeemed, as publicly recorded by the Bitcoin blockchain will correspond to a desposit or withdrawal of funds from the [company's] bank account."
Nasdaq, the world’s second largest stock exchange by market capitalization, has been awarded a new patent to tackle the implementation of blockchain in releasing new information to the media industry. Originally filed in January 2017, the patent references, “an information computer system […] provided for securely releasing time-sensitive information to recipients via a blockchain.” The patent explains the purposed system’s process, saying, “A submitter submits a document to the system and a blockchain transaction is generated and submitted to the blockchain based on the document […] An editor may edit the document and an approver may approve the document for release to the recipients.” This past June, Nasdaq tested a blockchain proof-of-concept system for securities collateral.
Setl, a UK blockchain startup, has received approval from French securities regulators and is set to enter the European Union’s settlement system. Setl aims to launch its Target2-Securities platform, a EUR1 billion network built to span across the European Union and settle securities processed by the European Central Bank. Setl is expected to launch in early 2019.
South Korea’s Financial Services Commission (FCS) issued a statement today warning investors to be cautious when investing in cryptocurrencies. Documents published on the FSC’s website warn investors that they could be misled by cryptocurrency funds and that investors could mistake cryptocurrency funds for legal public funds that comply with South Korea’s Capital Markets Act. The FSC added that cryptocurrency funds must be approved and registered with the FSC to operate legally -- something no South Korean cryptocurrency fund has done yet.
The only catch here is that you can buy only bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash ABC (BCHABC) on Binance using a credit card. The second way to fund your Binance account is by transferring your assets from other exchanges that allow you to buy any altcoin using fiat to Binance’s wallet. Let’s understand this process by pretending that you are ... For example, if you expect extreme volatility in the price of Bitcoin a day after its halving event, you could express this prediction by buying a 1-day BTC Vol option, i.e. you are buying both a call and a put option with the same strike price of $7000 and a premium of $100 each. If Bitcoin moves sharply beyond the combined breakeven price of both options, you can exit the trade profitably ... — CZ Binance 🔶🔶🔶 (@cz_binance) May 7, 2019 While the exchange itself might be secure, your account might not be. On the 8th of May 2019, hackers have stolen $40 million worth of Bitcoin from the Binance exchange through “variety of techniques, including phishing, viruses and other attacks”, as said by ChangPeng “CZ” Zhao, Binance’s CEO, on their article publicized on the ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Help and Support Center for Binance This article is a step-by-step how-to guide for creating bitcoin paper wallets. It walks through choosing a paper wallet generator, securing the computer environment to use it on, configuring and ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. From here you’ll supply a little more information, then you’ll be able to send Bitcoin to your Binance exchange wallet. Note: You can’t buy Bitcoin with fiat money on Binance. Step 2 – Go ... Binance Chain Wallet. This is the official wallet of BNB coins after launching the mainnet. It allows storing your assets literally on Binance DEX. To create a wallet, you need to make up a password and keystore file that unlocks your wallet. The 24-words mnemonic phrase and the private key is a secondary method of your privacy. # 2. Ledger. Ledger Nano S hardware wallet supports the storage ... Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America.
Blockchain Tutorial #58 - How To Setup A Binance Wallet ...
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