Blockchain Identification: Good, Bad or Terrible?

"What do you think about initiatives seeking to secure people's identities and personal information using the blockchain? These will allow users to only reveal individual pieces of information to different providers. Will that solve anything, though? Won't banks still require that people provide all of the same information in order to open a checking account?"... Continue Reading →

Crypto exchanges Welcomes Ethereum’s (ETH) Constantinople Hard Fork

Major United States cryptocurrency exchanges Coinbase and Kraken became the latest to confirm support for Ethereum’s (ETH) Constantinople hard fork, both announcing on Twitter, Jan. 14. https://twitter.com/krakensupport/status/1084944691601252352 https://twitter.com/coinbase/status/1084876789082673153 The two major exchanges join Binance, Huobi, and OKEx in pledging to monitor the event, which will trigger at Ethereum block height 7,080,000, expected this week. As... Continue Reading →

Binance: Launching DEX known as ‘Binance Chain’

Transactions are the backbone of the cryptocurrency market, and most of the world’s cryptocurrency trading is done through centralized exchanges. Due to KYC and Anti-Money Laundering regulations, exchanges are often required to seek users’ identities for capital deposits, creating centralized record-collection and data-storage of personal information which is quite opposite to the principles of decentralization. ... Continue Reading →

Binance Expands Operations By Launching Its First Fiat-Crypto Exchange In Uganda

CEO and founder of Binance, Changpeng Zhao announced that the major international fiat-to-crypto exchange will open in Uganda this week, the company reveals Monday, Oct. 15. The press release states that the branch will soon start accepting deposits and withdrawals of Ugandan shillings and continues to say that Binance Uganda has already begun its know-your-customer (KYC) procedures. Uganda has shown... Continue Reading →

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