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Confirmed! Brandon Chez Steps Down as Binance Completes Acquisition of CoinMarketCap

It all started out as a rumor and many thought it was just another April Fool’s prank, but it is now official. Binance has acquired the largest cryptocurrency data tracking site, CoinMarketCap (CMC), the exchange announced today. The coming together of the largest crypto companies is considered an industry milestone, as it could eventually result in significant opportunities, especially in the area of cryptocurrency data tracking, which will contribute to the growth of the industry. While commenting on the development, the CEO of Binance, Changpeng Zhao (CZ), said that the

Binance Set To Launch A Crypto Mining Pool

Binance, one of the world’s top crypto-asset exchanges, has announced that it will further expand its offerings in the crypto finance industry. They will do so through the launch of a new mining pool service.Hiring Professional HelpThe news came out on Wednesday by none other than Binance’s CEO and founder, Changpeng Zhao. Zhao, nicknamed CZ, made the announcement on Twitter that Binance will have mining pools as an addition to its already impressive finance suite, which includes saving, earning, staking, and loans already.As it stands now, Binance has reportedly hired

Insight on Liquidity from DeFi Protocols

Over the last year and a half, decentralized finance has had an explosion of activity. Lending and borrowing decentralized applications, margin trading, liquidity protocols, stablecoins, insurance and derivatives have all grown in user numbers, in on-chain activity and in product maturity. As DeFi has grown, the need to exchange value from one form to another has grown with it, and multiple liquidity providers have stepped up to service this growing need for liquidity. This is the natural evolution of any system, introducing expanding functionality and connectivity and as it grows. Based

Crypto to the Rescue After Khan Academy’s COVID-19 Traffic Surge

The founder of education platform Khan Academy has put out an urgent call for donations following a 250% surge in users due to the coronavirus crisis.CEO Sal Khan asked users to donate fiat — or they can donate Basic Attention Tokens (BAT) via their Brave browsers — to help the platform stay open during the pandemic.Khan said the surge was due to record numbers of students forced to stay home during lockdowns and social distancing requirements. A billion schoolkids are staying home because of COVID-19Khan Academy is a non-profit organization that

Ethereum Founder Tells Bitcoin Dev: BTC Wasn’t Always ‘Digital Gold’

Ethereum co-founder Vitalik Buterin was involved in a spat with a Bitcoin developer on Twitter yesterday, when he suggested BTC was originally designed to be P2P cash, not digital gold.Replying to Blockstream employee Zack Voell who claimed that Bitcoin was, is, and always shall be digital gold, Buterin pointed out the narrative had changed since 2011:“I joined Bitcoin land in 2011 and back then I remember a clear vibe that Bitcoin was P2P cash first and gold second.”Source: Twitter: Vitalik Buterin, Zack VoellButerin’s view that Bitcoin was originally intended to

Unsurprisingly, Markets Are Bearish

Out of all the hockey stick graphs we’ve been looking at over the last few weeks, the one that really takes the cake is the google trends chart showing the number of people searching for the term ‘unprecedented.’ The levels we’re seeing at the moment, quite frankly, have never existed before. Demand on telecommunications have been unprecedented. The sudden halt in air and even ground travel is unprecedented. And the actions taken by governments and central banks around the world have been well… unprecedented. We’re litteraly living through history at

Nigeria Becomes Eighth African Nation to Welcome Bitcoin ATMs

Africa’s largest country has welcomed its first Bitcoin ATM.Blockstale BTM, the company that installed the ATM in the Dazey Lounge and Bar in Lagos state, plans to launch more than 30 more terminals across Nigeria.“Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in Africa,” Blockstale’s chief executive and founder, Daniel Adekunle, told local media on April 1. Adekunle developed his Bitcoin ATMs in partnership with a tech firm based in Shenzhen, China.Nigeria welcomes Africa’s 15th Bitcoin ATMDespite being home to the largest

Vitalik Buterin: Ethereum is DeFi Chain as Much as Bitcoin is Digital Gold

Ethereum co-founder, Vitalik Buterin has recently asserted that aside from the numerous potential applications of Ethereum in various areas, its use as a cryptocurrency, for settlements, cannot be overlooked. This is coming after Ryan Sean Adams, the founder of Mythos Capital, shared how Bitcoin Maximalists are trolling him about how pointless Ethereum is. Got Maximalists trolling me about how pointless Ethereum is meanwhile I just sent a crypto backed stablecoin in a private transaction on the Ethereum mainnet peer-to-peer w/o a bank Keep trolling We’ll keep building the bankless future