3 Hacks in 12 Months: The Reasons Behind Crypto Exchange Bithumb’s Failings

South Korea’s biggest cryptocurrency exchange Bithumb, which has been the most trusted digital asset trading platform within the country alongside UPbit, Coinone, and Korbit over the past few years, has been hacked for the third time in 12 months. Hackers Can Hack Any Cryptocurrency Exchange On June 20, Bithumb experienced a $30 million hacking attack,

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Binance is Backing Malta Stock Exchange’s Fintech Startup Program

Malta continues to move ahead in the crypto space with cryptocurrency exchange giant Binance now confirming that it will be supporting the country’s Malta Stock Exchange (MSE) in an innovative blockchain and crypto-related project. The MSE recently announced that Binance, the world’s largest cryptocurrency exchange, is backing its newly launched program to support fintech and

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Binance is Backing Malta Stock Exchange’s Fintech Startup Program

Malta continues to move ahead in the crypto space with cryptocurrency exchange giant Binance now confirming that it will be supporting the country’s Malta Stock Exchange (MSE) in an innovative blockchain and crypto-related project. The MSE recently announced that Binance, the world’s largest cryptocurrency exchange, is backing its newly launched program to support fintech and

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Cryptocurrency Exchange Binance to Expand to Jersey

Fresh off its expansion into the European island of Malta, Binance — the world’s largest cryptocurrency exchange — has announced that it will create up to 40 new jobs in Jersey. The exchange operator unveiled the plan in a joint statement with local organization Digital Jersey, adding that the two parties had signed a memorandum

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Binance’s Fiat Integration May Lead Cryptocurrency Exchanges to Move to Malta

Earlier this month, Binance, one of the most widely utilized multi-billion dollar cryptocurrency trading platforms alongside the likes of Coinbase and Bitfinex, has established a bank account in Malta. Malta’s Pro-Blockchain Legislation As a part of the European Union (EU), Malta is a country with a strong financial industry and economy which contribute to the

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Binance Has Quadrupled Its User Base Since January, Will Launch EUR Pairs

The last six months have seen the cryptocurrency market endure a steep decline and many casual investors turn their attention elsewhere, but for exchange operator Binance it has been a period of unmitigated growth. The company, which operates one of the world’s largest cryptocurrency exchanges, reports that its user base has quadrupled since the beginning

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We’re Waiting for ICO Bubble to Pop: Head of Binance’s $1 Billion VC Fund

The head of Binance’s recently-launched $1 billion venture fund says that the company believes the initial coin offering (ICO) market is in a bubble and is hoping that it will pop soon for the health of the wider blockchain industry. Ella Zhang, whose official title is Head of Binance Labs, told Bloomberg that while the

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Crypto Exchange Binance Launching $1 Billion Venture Capital Fund: Local Reports

Binance, one of the world’s largest cryptocurrency exchanges, will launch a $1 billion venture capital fund designed to incubate blockchain projects, local media outlets have reported. According to Hong Kong-based news outlet China Money Network, Ella Zhang — head of Binance Labs — announced the fund this week at an online meetup, explaining that it

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Can Cryptocurrency Businesses like Coinbase Compete With Wall Street Conglomerates?

The cryptocurrency sector has produced many multi-billion dollar companies over the past nine years. Most notably, Coinbase, Binance, Bitmain, Bitfinex, UPbit, Bithumb, and Canaan have evolved into billion dollar juggernauts, competing against major conglomerates in regions like the US, South Korea, and Japan.  San Francisco-based Coinbase now has over 20 million users, nearly as many as

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Binance Coin Price Rallies 21% after Exchange Doubles Referral Bonus for BNB Hodlers

The Binance Coin price (BNB) experienced a double-digit percentage rally on Friday after its issuer — cryptocurrency exchange giant Binance — announced that it was doubling the referral bonus for users holding a large number of BNB. BNB Price Makes Double-Digit Rally Despite Bearish Market BNB spent most of the previous day trading between $12.25

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