Disney Could Soon Own Oldest Bitcoin Exchange in $13 Billion Equity Deal

An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98.6 percent stake in Nexon, South Korea’s largest game developer and…

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Binance CEO Says Ethereum ‘Can Do Much More’ Than Binance Coin

The CEO of one of the world’s largest cryptocurrency exchanges delivered an unexpected compliment to his rival this week – but markets appeared unwilling to follow. CZ Denies BNB Will ‘Devastate’ ETH In a series of tweets April 22, Binance’s Changpeng Zhao (also known as CZ) called for tolerance of the various blockchain projects within the cryptocurrency industry. Users, he said,…

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Binance CFO Talks About His ‘Exciting’ Journey in Exclusive Interview

It was the last hour of the final day at Paris Blockchain Week Summit. The charismatic Binance CFO Wei Zhao had been speaking back to back. Yet, despite the time and the fact that he must have repeated himself over and over for two solid days, he seemed undeterred. Wearing jeans and a Binance hoodie, he bounded up to meet me,…

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Binance Coin Becomes First Crypto to Surpass January ’18 All-Time High

Binance Coin has had a stellar performance since the beginning of 2019. Up more than 315 percent since January 1. BNB has managed to surpass its former all-time high values from January 12th, 2018. The First to Breach Former USD ATH  As Bitcoinist reported earlier this week, Binance Coin is one of the top performing cryptocurrencies, having a breakout year against Bitcoin. BNB…

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5th Biggest Korean Bitcoin Exchange Closes Shop

Coinnest, one of the largest Bitcoin exchanges in South Korea has announced that it will be shutting down following a litany of administrative, financial and legal issues. 5th Largest South Korean Bitcoin Exchange Closes Shop In a statement published on the company’s website on Thursday (April 18, 2019), the platform announced its decision to shut up shop. Coinnest had already terminated…

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4 Reasons Why Delisting BSV Was the ‘Right Thing to Do’ for Binance

Binance delisting Bitcoin SV (BSV) is forcing other exchanges like Kraken and Shapeshift to follow. Let’s take a look at the implications of this unprecedented move for the world’s biggest exchange.  ‘Satoshi’s Vision’ Should Have Seen It Coming Yesterday, the biggest bitcoin exchange by volume, Binance, announced it would delist Bitcoin SV (BSV) in a stunning move. Citing the failure to…

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Mexico Sets New Bitcoin Volume Record After Trump’s Remittance Threat

Bitcoin price remaining above $5000 resulted in new trading highs for several countries worldwide last week, the latest data shows. Mexico, Venezuela Post Record Localbitcoins Volumes According to monitoring resource Coin Dance, which tracks trading volumes on peer-to-peer exchange platforms Localbitcoins, Paxful and Bisq, certain markets continued to see spikes in Bitcoin activity. As Bitcoinist reported, the moves form part of…

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Bitmex CEO: ‘You’ll Be Able to Use Bitcoin and Purchase the S&P 500’

Bitmex CEO, Arthur Hayes, revealed that his platform wants to launch Bitcoin-backed short term bonds. He also wants to allow buying S&P 500 and Nasdaq QQQ indices with BTC, particularly by people in emerging markets. ‘You’ll Be Able to Use Bitcoin and Purchase the S&P 500’ Speaking in an interview with Luke Martin on his Venture Coinist podcast, BitMEX CEO Arthur…

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Uber IPO: Cryptocurrency Will Be a ‘Huge Beneficiary’

Uber Technologies Inc. expects a valuation of about USD 100 billion when listed on the New York Stock Exchange. Large IPOs such as Uber’s and others could bring spectacular benefits to the crypto industry. At the same time, business solutions allowing Uber users to pay with Bitcoin are now moving to center stage. Uber IPO: Bigger Than Bitcoin’s Market Cap On…

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Bitcoin DApp Startup Files For First Ever $50 Million Offering With SEC

Blockstack just marked an industry first that could set a precedent for compliant token sales in the United States. The decentralized computing network that uses Bitcoin as the basis for its DApps filed a statement with the SEC to hold the first $50 million token offering using the SEC Reg A+ framework. Is this the start of many more to come?…

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