Steem Community Stands Its Ground Amid Tron Takeover

Steem Community Stands Its Ground Amid Tron Takeover

In what seems as one of the biggest crypto dramas of 2020, community seems to have the upper hand. The scandal surrounding the Steem blockchain continues to unfold. After juggernaut exchanges Binance, Huobi and Poloniex were heavily criticized by community members for allegedly mobilizing customer deposits to take over the network, two of those firms announced they were backing off. Meanwhile, Tron CEO Justin Sun, who has recently acquired Steemit — the startup behind the…

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Binance Joins Blockchain Network for Cross-Industry KYC Data Sharing

Binance Joins Blockchain Network for Cross-Industry KYC Data Sharing

Top crypto exchange Binance has partnered with public blockchain protocol Shyft Network as it readies itself to comply with global KYC regulations. Top cryptocurrency exchange Binance has partnered with public blockchain protocol Shyft Network as it readies itself to comply with Financial Action Task Force (FATF) regulations.The Shyft Network was designed to provide a decentralized solution for crypto industry players to fulfill global compliance standards, including the FATF’s “travel rule.”In a statement shared with…

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Binance CEO Changpeng Zhao Explains Why Craig Wright Is ‘A Disgrace’

Binance CEO Changpeng Zhao Explains Why Craig Wright Is ‘A Disgrace’

Binance founder and CEO Changpeng Zhao told Cointelegraph why he thinks that Bitcoin SV founder and self-proclaimed Bitcoin creator Craig Wright is a fraud. In a recent tweet, Binance CEO Changpeng Zhao has made it clear that he thinks Craig Wright, the Bitcoin SV (BSV) founder and self-proclaimed Bitcoin (BTC) creator, is a fraud. Indeed, Wright is a divisive figure in the industry, having involved himself in various legal battles and public spats as he…

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Binance CEO Changpeng Zhao Says Bitcoin Halving Not Priced In Yet

Binance CEO Changpeng Zhao Says Bitcoin Halving Not Priced In Yet

Binance founder and CEO Changpeng Zhao suggested that Bitcoin’s price has not yet adapted to the upcoming block reward halving. Changpeng Zhao, the founder and CEO of major crypto exchange Binance, suggested that Bitcoin’s (BTC) price has not yet adapted to the upcoming block reward halving.Zhao suggested that Bitcoin’s price will see more upwards movement in the future during an interview on Feb. 20. The CEO explained that, historically, Bitcoin’s block reward halvings have had…

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Binance Supports Algorand’s v2.0.2 Upgrade, Halts ALGO Deposits

Binance Supports Algorand’s v2.0.2 Upgrade, Halts ALGO Deposits

Algorand, a blockchain network developed by the eponymous American blockchain firm, is expected to upgrade to version 2.0.2 today. Algorand, a decentralized blockchain network developed by the eponymous American blockchain firm, is expected to upgrade to version 2.0.2 today.The upcoming network upgrade is poised to increase the amount of time for nodes to upgrade to new consensus versions after voting thresholds have been met, as announced on Dec. 13.Scheduled for 10:00 AM ET on…

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