[ad_2][ad_1] Bitcoin, despite its growing mainstream popularity, is a favorite tool of cybercriminals, with a variant of ransomware known as Ryuk believed to have stolen $ 61 million since it was created in 2018, according to the FBI. Ransomware hackers, who encrypt their victims’ files before requesting bitcoin or other …
Read More »Cardano, Binance Coin, Algorand Price Analysis: June 11
[ad_2][ad_1] Bitcoin’s steady consolidation below the $ 10,000 mark has had an overwhelming, but inconsistent impact on the market’s altcoin fortunes. While some like Cardano stabilized their ship after corrections blocked its soaring, others like BNB have not noticed any major changes in its price movements. Cardano [ADA] Source: ADA …
Read More »CoinMarketCap’s metrics review keeps Binance on top
[ad_2][ad_1] The most popular cryptocurrency price aggregation site has launched a new way of ranking exchanges that keeps owner Binance at the top of the exchange chart. CoinMarketCap was criticized last month after its new web traffic-based ranking system gave Binance – which acquired the aggregator for $ 400 million …
Read More »Binance Acquisition of CoinMarketCap: Centralization in Action
[ad_2][ad_1] Even with all that is going on with the 2020 global health and economic crisis, this year still brought other major events to the crypto community. One of these was the deal that ended on March 31 and formalized Binance’s acquisition of CoinMarketCap. The undisclosed price of this purchase …
Read More »CoinPayments to support Binance (BNB) token transactions for merchants
[ad_2][ad_1] George Town, Cayman Islands – CoinPayments, the world’s leading cryptocurrency payment processor, today announced a partnership with Binance, the global blockchain ecosystem behind the world’s largest digital asset exchange, Binance.com. Starting today, CoinPayments will support Binance’s BNB token to open traders around the world to the Binance community. “A …
Read More »CZ’s Twitter feed influenced the new CoinMarketCap ranking which put Binance at the top
[ad_2][ad_1] A month after Binance bought CoinMarketCap for $ 400 million, the cryptocurrency price aggregation site unveiled an exchange ranking system that gives its new owner the best possible score thanks, in part, to Twitter feed of the CEO. “We listened,” said CoinMarketCap new owner Changpeng “CZ” Zhao, tweeting the …
Read More »Binance groups the mining game among centralization concerns
[ad_2][ad_1] This week marked the launch of Binance Pool, a mining platform powered by one of the largest cryptocurrency exchanges in the world. Coming less than a month after Binance CEO Changpeng Zhao confirmed rumors of this upcoming addition to his company’s product family born of an idea, the announcement …
Read More »Major cryptocurrency companies including Binance, Civic, Tron targeted in Flood of Lawsuits
[ad_2][ad_1] A wave of class action lawsuits was unveiled in New York on Friday, targeting a number of major cryptocurrency projects. First reported by Offshore Alert, at least 10 complaints were filed in the Southern District of New York on April 3, claiming that the companies had sold crypto tokens …
Read More »Binance buys CoinMarketCap: what it means for Crypto
[ad_2][ad_1] Binance just bought the top of the funnel. The largest cryptocurrency exchange by market volume has acquired the popular data site CoinMarketCap (CMC) for an undisclosed price, the companies announced Thursday. Binance CEO Changpeng “CZ” Zhao told CoinDesk that the deal was closed on March 31, although a verbal …
Read More »Crypto Industry’s $ 400 Million Cash & Stock Deal – Binance Acquires Coinmarketcap.com
[ad_2][ad_1] Popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of buying the website for $ 400 million. People familiar with the matter explained that the acquisition will be announced this week and could be one of the largest purchases in the cryptocurrency and …
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