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Tag: Exchanges

An exchange is a platform that allows you to trade digital assets.

Binance

Binance Integrates Apple and Google Pay

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The biggest cryptocurrency exchange in the world, Binance, has announced that it will now work with Apple Pay and Google Pay. This will make it easier for customers to buy and sell bitcoin using the popular mobile payment systems. With Apple Pay’s 43.9 million users and Google Pay’s 25 million users, this move is likely to make it much easier for people to use bitcoin, especially during the current bear market. These additional...

Crypto adoption, Cryptocurrencies, dApps, Exchanges, Front page, Main, News

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Proof of reserves PoR

What is Proof of Reserves (PoR)?

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Proof of Reserves (PoR) is a method that exchanges use to show that they hold assets like cryptocurrencies and fiat cash. This is important for exchanges because it allows customers to verify that the exchange has the assets it claims to have, which helps to build trust and confidence in the exchange. It is an auditing technique that is provable using cryptographic proofs, checks of public wallet ownership, and recurrent audits to verify...

Exchanges, Featured, Glossary

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Sei Network

Airdrop: Sei Network

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SEI Network (SEI) is a decentralized finance (DeFi) protocol that will be distributing 1% of its total token supply to beta testers who use Vortex, a decentralized derivatives exchange, install its wallet, and join its discord. A majority of the network’s tokens will be locked in a smart contract. This means that SEI will have an initial circulating supply of 20 million tokens. SEI Network is gearing up for an increase in token...

Airdrop, DeFi, Exchanges

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genesis block - crypto company

Genesis Block to Halt Operations Amid Potential FTX Repercussions

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The FTX’s contagious impact continues to spread across the cryptocurrency sector. Genesis Block, once Asia’s biggest Bitcoin ATM provider, is one of the enterprises in the cryptocurrency industry suffering from the FTX crash. According to a Reuters report, which was picked up by other media outlets, the business notified its customers via email that it would stop its OTC trading facility on December 10. OTC trading, also known...

Crypto adoption, Crypto regulation, Cryptocurrencies, Exchanges, Front page, Main, News

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Covid-Infected Bitcoin

How far does the FTX contagion go?

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Just as 2021 will be recognized as the year institutional money began to enter the crypto world, 2022 will surely be infamous for the seemingly endless list of problems and bankruptcies in the crypto world.  When it came out that Sam Bankman-Fried, the founder of FTX, had taken $10 billion off of FTX’s balance sheet to fix a problem at his sister quantitative trading firm, Alameda Research, the cryptomarkets became very...

Cryptocurrencies, Exchanges, Front page, News

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