Changpeng

Just Four Crypto Leaders on Forbes’ List of Billionaires

There are more than 2000 billionaires on Forbes’ ‘The Richest in 2020’ list — but only a handful come from the world of cryptocurrency and none of them are named ‘CZ’.Only four entrepreneurs who made their fortunes in crypto were included among the 2,095 billionaires the magazine named on April 8. The richest man in crypto is Bitmain co-founder Micree Zhan, who appears at No. 690 on the list with a net worth of $3.2 billion. His co-founder Jihan Wu is not too far behind at No.1307, with $1.8 billion. Rounding

The Crypto Industry’s ‘Bloody Friday’ Lawsuits: Do They Hold Weight?

On April 3, a massive deployment of lawsuits were filed against major crypto industry players across the globe. The eleven lawsuits were filed in the United States District Court for the Southern District of New York in what is being called “Bloody Friday” for the industry.These lawsuits are class action in nature. For those unfamiliar with the term, this means a group of people have joined together to file a lawsuit against another party. Class action lawsuits are not very popular on an international level for a number of reasons,

Crypto Conference Attendees Prepare to Enter a 3D Virtual World

Blockchain and cryptocurrency enthusiasts have found new ways to come together amid the global coronavirus lockdown. A crypto conference called BlockDown 2020 is scheduled to take place in the virtual realm this month, with big name personalities from the blockchain community set to appear as digital 3D avatars.Notable attendees on the docket include Binance founder and CEO Changpeng Zhao, Stellar co-founder Jed McCaleb, and NEO founder Da Hongfei. Also appearing will be Roger Ver, executive chairman of Bitcoin.com, and Erik Voorhees, CEO and founder of Shapeshift.Musician-turned-crypto-innovator Akon will headline the

Binance, Streamr Partner to Showcase Real-Time Trading Information

Streamr and Binance are now partnered, with the former showing the latter’s trading feeds on its website, a post from CoinTelegraph has revealed.For those who don’t know, Streamr is a space self-described as one that makes “data more available, fair, and valuable for all.” Essentially, the platform shows data such as the position of the ISS Space Station or the amount of tweets about the Top 10 cryptocurrencies.Now, it will be showing Binance feed data.The point? Well, it’s incredibly useful for traders. After all, realtime trades and tickers for Binance

Streamr to Offer Binance’s Real-Time Trade Feeds on Marketplace

Open-source blockchain infrastructure Streamr announced on April 7 a new integration with cryptocurrency exchange Binance, in which Streamr will offer the exchange's real-time trade feeds on its marketplace.From now on, Binance’s real-time trades and quotes data for all asset pairs will be available on Streamr, with the aim of targeting algorithmic traders.According to Streamr, traders will now be able to obtain sentiment data and data from other markets via a single technical integration.Motivations behind the partnershipSpeaking with Cointelegraph, Henri Pihkala, co-founder and CEO of Streamr, said that with crypto exchanges serving

Cryptocurrency Exchange OKEx Tackles Small Balances With New Offering

Cryptocurrency exchange OKEx announced a new feature that allows its users to convert small balances to the firm’s proprietary token OKB.OKEx announced on April 7 that the new product allows its user to convert all the crypto asset balances worth less than 0.001 Bitcoin (BTC) ($7.38 at press time) into OKB. The upper limit for conversion value is 0.01 BTC ($73.84 at press time), there is no limit on conversion time but the conversion is only available when the price fluctuates within 5%.A trader told Cointelegraph that small balance handling

7 Crypto Firms Targeted by 11 Lawsuits in New York

Seven crypto companies have been targeted by 11 lawsuits that were filed in a New York federal court on April 3.The suits were filed by Roche Freedman — the same law firm representing the estate of the late Dave Kleiman in the ongoing dispute with self-proclaimed Satoshi Nakamoto, Craig Wright.Eleven lawsuits target seven crypto companiesThe eleven putative class action suits name dozens of parties including cryptocurrency exchanges Binance, KuCoin, BiBox, and BitMEX and parent company HDR Global Trading Limited, and alleged crypto issuers Block.one, Quantstamp, KayDex, Civic, BProtocol, Status, and the

As Malta Delays Regulatory Clarity, Fewer Firms Remain on ‘Blockchain Island’

It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric apparently started to shift away from the blockchain sector, as the government now aims to consolidate it with “other niche sectors.”Meanwhile, the Malta Financial Services Authority, continues to pluck out non-registered crypto agents — be

Binance Set To Launch Bitcoin Options Amid Many Other Developments

There are a few certainties when it comes to reporting within the crypto industry. Binance extending its offerings is one such thing, even amid a global pandemic. It doesn’t happen every day, it might not also occur every week, but Binance will always expand, it seems. The company has established itself as a heavyweight in the industry and doesn’t seem to be keen on letting that title go.Incorporating Options To Its ArsenalAs a testament to this, Binance has announced yet another new development to its service offering, adding Options trading

Top Crypto Exchange Binance Hints at Launching Bitcoin Options Trading

Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading. Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of an apparent prototype for trading BTC/Tether (USDT) options contracts:Source: @cz_binance official Twitter handle, April 3“Notice anything new”?Binance’s performative social media “leak” revealed options trading support as one of the items on a “what to test” list, which included other products that have previously been officially announced, such as the Binance Card