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Bitcoin Is Better Than Gold: Crypto Exchange Coinbase
cryptocurrency exchange

Bitcoin Is Better Than Gold: Crypto Exchange Coinbase

On May 1, 2020, the world's leading cryptocurrency exchange Coinbase published an article on its blog claiming that Bitcoin is superior to gold. The crypt exchange had earlier published a similar article where they supported Bitcoin over Gold due to its ease to audit, anonymity, low transaction fee, and ease to be fragmented into smaller fractions.

Ripple Supporters Appeal to the White House to Classify XRP as a Digital Currency
cryptocurrency exchange

Ripple Supporters Appeal to the White House to Classify XRP as a Digital Currency

In a move to support Ripple, XRP advocates have decided to file a petition with the White House asking it to declare the asset a virtual currency.

Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China
cryptocurrency exchange

Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China

Chinese state media has reported that Binance is still supporting local users trading cryptocurrency, despite China banning all exchanges in 2017.

China Leads Pan-Asian Digital Currency Project to Compete with Facebook's Libra
cryptocurrency exchange

China Leads Pan-Asian Digital Currency Project to Compete with Facebook's Libra

Led by China, four Asian countries are in the early stages of developing a joint digital currency. The currency will help keep the Dollar and Libra in check

Wales Eyes Own Digital Currency for Speedy Business Transactions
cryptocurrency exchange

Wales Eyes Own Digital Currency for Speedy Business Transactions

Wales has set its eyes on creating a complementary digital currency. It has been speculated that it could enhance the nation’s economy by approximately £250m in the next ten years.

Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar
cryptocurrency exchange

Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar

With the recent rise of cryptocurrency, there have been talks about the digital currency poised to become a global reserve currency, thus replacing the U.S dollar. Based on the virtual currency’s potential, it can become the next global hedge currency. But let us look at the facts in the financial market, especially from the dimensions of regulations, digital currency, and fiat currency. This move would help us understand whether the claims hold water.

Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019
cryptocurrency exchange

Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

bitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange
cryptocurrency exchange

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Tim Draper’s venture studio has launched a new WordPress plugin, which makes it possible for anyone to create a cryptocurrency exchange on a WordPress-based website. Established in 2018, Goren Holm Ventures is an incubator/accelerator firm based in Santa Monica, California. A well-known investor and venture capitalist, Tim Draper, partnered with Goren Holm Ventures in 2019 and later rebranded it as Draper Goren Holm. The firm focuses on incubating and accelerating blockchain and crypto startups.

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins
cryptocurrency exchange

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins

Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority
cryptocurrency exchange

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.

Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe
cryptocurrency exchange

Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe

Bithumb cryptocurrency exchange is set up for sale amid accusations of the alleged fraud.

Creditors of Defunct Crypto Exchange Cryptopia Can Now File For Claims With Audit Firm Following Massive Hack
cryptocurrency exchange

Creditors of Defunct Crypto Exchange Cryptopia Can Now File For Claims With Audit Firm Following Massive Hack

The creditors of the now-defunct New Zealand based cryptocurrency exchange Cryptopia can now file for claims with appointed audit firm Grant Thornton.

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