Coinbase is acquiring a securities dealer in order to trade your startup tokens

Every day, tech investors and reporters are pitched on new services that intend to generate digital tokens that its creators expect will trade . . . somewhere. Perhaps unsurprisingly, Coinbase, known currently for trading a handful of the largest cryptocurrencies, wants to be that somewhere. To that end, it’s acquiring securities dealer Keystone Capital, a […]

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Binance, the world’s largest crypto exchange, plans $1 billion investment fund

The upstarts of crypto aren’t just aiming to disrupt the startup status quo, some are rivaling traditional venture capital investors, too. That’s particularly evident today after Binance, the world’s largest crypto exchange based on daily trade volumes, announced a $1 billion fund to back blockchain and crypto startups. The ‘Community Influence’ fund, which will be denominated in […]

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Catch Binance CEO Changpeng Zhao at TechCrunch’s blockchain event on July 6

Changpeng Zhao, CEO of Binance — the world’s largest crypto exchange — is the newest addition who will join us for TC Sessions: Blockchain, TechCrunch’s first event dedicated to blockchain technology, which takes place July 6 in Zug, Switzerland. The event will bring together the startup/business world and blockchain community to explore the potential of the blockchain, […]

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MobileCoin, a cryptocurrency from the creator of Signal, just raised $30M for mobile payments

A new privacy-centric cryptocurrency project with some big names on board just raised a round worth noting. On Tuesday, the team at MobileCoin announced that Binance Labs, the major blockchain incubator associated with the Binance exchange, led a $30 million round denominated in bitcoin and ether for the new cryptocurrency. MobileCoin will enjoy “priority consideration” […]

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Cryptocurrency exchange puts $250,000 bounty on hackers

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Binance is done playing nice. 

The cryptocurrency exchange was the target of an attempted hack last week, and although the company claims that the attackers were largely unsuccessful in their efforts, they nevertheless still made someone at the exchange mad. So mad, in fact, that on Sunday, Binance announced the equivalent of a $250,000 bounty on the hackers. 

“To ensure a safe crypto community, we can’t simply play defense,” read the statement. “We need to actively prevent any instances of hacking before they occur, as well as follow through after-the-fact.” Read more…

More about Hacking, Cryptocurrency, Binance, Tech, and Cybersecurity

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Bitcoin price drops 10% as hackers exploit Binance’s API keys

 Welcome to another rollercoaster day for the cryptocurrency community. In just a few minutes, bitcoin price crashed from $10,740 to $9,690, which represents a 10.8 percent crash.
As always, it’s a bit hard to know for sure what’s happening. But one company in particular is having a bad day. Cryptocurrency exchange Binance has spotted some unusual activities and halted… Read More

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