We believe significant improvements can be made in providing Binance users with a level of trading experience to which they are already accustomed. Centralized and Decentralized exchanges will co-exist in the near future, complementing each other, while also having interdependence.
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Social investing platform eToro will launch a full-fledged cryptocurrency exchange and mobile wallet and expand to the U.S. this year.
How Does Blockchain Technology Work?
The token, in turn, would be the basis for a blockchain-based asset exchange, an option that would exist alongside Binances more centralized offerings.
Amid Chaos, Our Decentralized Future Is Being Built
The news comes a day after Binance announceda bounty programto track down the attackers who recently attemptedto steal fundsfrom the exchanges users. Binance said it had allocated $250,000 worth of its BNB token for the first person who shares information leading to the arrest of the attackers.
As might be expected, the price of the exchanges BNB token is up more than 20 percent on the news, according to data byCoinMarketCap. While it traded sideways at roughly $8 for the last several days, it reached a peak of nearly $10 in the last two hours. As of press time, BNB is trading at about $9.70 per token.
Binance Unveils Blockchain for New Crypto Exchange
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Mar 13, 2018 at 17:10 UTC Updated Mar 14, 2018 at 03:18 UTC
The former chief executive of Hong Kong-based crypto exchange OKEx has said he is joining rival platform Huobi just a week after his resignation.
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Blockchain Must Adapt to Build Trust in the Internet of Things
Binance announced Tuesday that it is launching a public blockchain to facilitate the creation of a new decentralized exchange.
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The cryptocurrency exchange said the move forms part of a plan to transition froma company to a communityby developing its new Binance Chain, which will be used to transfer or trade different blockchain assets. In addition, the company announced it would essentially shift its Binance Coin (BNB) to its own native blockchain (right now the coin is an ERC20 token that runs on the ethereum network). However, its unclear if there will be some kind of token swap for users who hold the exchanges ERC-20-based token.
What is a Decentralized Application?
Singapores central bank has warned eight digital token exchanges and an ICO issuer to stop trading tokens deemed unauthorized securities.
Singapores central bank is proposing a change to existing exchange market rules aimed to ease blockchain adoption and decentralization.
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May 24, 2018 at 12:00Sujha Sundararajan