News

The number of Bitcoin long contracts on margin trading platform Bitfinex has exploded in December to reach the highest level in years, far exceeding the levels of BTC’s late 2017 bull market.  Traders currently hold more than 43,000 long positions, worth $299,784,000, on Hong Kong-based Bitfinex. The ratio is overwhelmingly skewed in favor of the […]

The Cardano Foundation announced that it has appointed McCann Dublin, the Ireland-based hand of the global advertising agency, as its brand strategy and design agency. According to the company’s announcement, McCann will be tasked with realigning the Cardano brand with the company’s mission. The Cardano Foundation employs a global advertising agency to develop its brand […]

Binance, one of the largest cryptocurrency exchanges in the world, announced the launch of its new fiat gateway for Latin America. According to the company’s blog post, the new subsidiary will be called Latamex and was launched in partnership with Settle Network, Latin America’s largest digital asset settlement network. Binance launches Latamex to serve Latin […]

The president of the European Central Bank (ECB), Christine Lagarde, pledged to meet the growing demand for stablecoins by getting “ahead of the curve” in the rapidly evolving economic environment. The European Central Bank embraces blockchain technology Speaking in Frankfurt, Germany, for her first press conference as president of the European Central Bank, Christine Lagarde […]

Despite the massive downturn in the cryptocurrency market, some of the native utility tokens from the top exchanges in the world were able to keep most of the gains they made over the past year. Exchange tokens outperformed the rest of the market During the first half of the year, most of the cryptocurrencies in […]

Over the past 24 hours, Tezos moved back into the top 10 cryptos by market cap, according to CoinMarketCap. Now, based on technical analysis, it seems that XTZ could be preparing to retrace before it continues an uptrend. Tezos technical analysis Within the last eight weeks, Tezos surged nearly 147 percent to recently hit a […]

DeFi, short for decentralized finance, has started to get the attention of some of the biggest companies in crypto. At the Coinbase Winter 2019 hackathon, the company’s product manager Jacob Horne described DeFi as an opportunity that could change how individuals interact with markets. In a tweet, Coinbase said that the hackathon itself focused on […]

The founder and CEO of Tron, Justin Sun, saw his account on social media platform Weibo shut down. While the Chinese version of Twitter offered no explanation as to why his account and the account of Binance co-founder Yi He were removed, Sun assured the crypto community that he had a “direct channel” to Weibo […]

BitMEX, one of the largest crypto derivatives exchanges in the world, announced that it has added support for Bitcoin Bech32 addresses. According to the company’s announcement, users will now be able to withdraw to their SegWit addresses with lower fees and contribute to the reduction of block weight usage on the platform. BitMEX enables withdrawals […]

The Stellar Development Foundation is shutting down its $120 million airdrop program amid fraudulent account sign-ups. Stellar’s largest airdrop to date is canceled In September, the Stellar Development Foundation (SDF)—“a non-profit organization founded in 2014 to support the development and growth of the open-source Stellar network”—partnered up with Keybase, a free group messaging community and […]