The Winklevoss Twin: The Crypto Geniuses And their World

The Crypto Geniuses
The 'Winklevoss Twin' are among the crypto geniuses that are globally recognized today. Cameron along with Tyler are also reputed to have developed Facebook while at Harvard before Mark Zuckerberg went away with the idea.
On the crypto front, Winklevoss Capital Management is the vehicle used by the twin to advance their growing empire. They are clearly not to be overlooked as the crypto scene gathers momentum across the globe.
Related CompaniesBesides the obvious interconnection (ConnectU and Winklevoss Capital Management,) Gemini is naturally related to the other major crypto exchanges, such as Binance. However, among the related companies and businesses we should list for Gemini, there’s one outlier: Traditional stock markets.
This goes back to Gemini’s inception, and the previous experiences of its founders. The Winklevoss twins aren’t precisely strangers to investing. Coming from a well-off family (that Harvard education,) investing is a relatively common…

How The Binance Coin Phenomenon Is Living Up To its Hype And Revolutionizing Other Cryptocurrency Exchanges

Launching a native cryptocurrency has become a bit of a fad among crypto exchanges, particularly in the last few months.
They offer lower rates when paying with their coin as a way to get users to buy the token, yet for many of its users it is a novel way to rake in some savings.
 It often feels like the exchanges are trying to have their cake and eat it, making money both from currency trade and owning a blockchain.
Still, it’s a common practice. And although some exchanges manage to justify it and make it work, others don’t. So how do they fare in general?
For the purposes of this list we have omitted stablecoins, since they are pegged to the USD and therefore their value can’t change at all.
Binance Coin (BNB)
Probably the golden standard for exchanges owning blockchains (and the largest on this list), Binance has managed to justify its blockchain and crypto token by adding features to it they wouldn’t be able to do without a blockchain. 
The most important of them at the moment i…

Binance Chain 101: All You Need To Know

Enter The Binance Chain 
While Binance is known mainly for being the biggest crypto exchange in the world, the company has for a while been extending beyond just that, and into other crypto-related projects. The biggest of them is the Binance Chain – that is, a native blockchain.
Yet, it can be difficult to understand why a crypto exchange site would create its own blockchain. It feels, to some of us, like a bank deciding to print its own money. However, since the blockchain technology has many uses, Binance Chain is, more than a goal, it is a means to several goals.
What is Binance Chain set out to accomplish?
Binance’s current position in the market gives it both credibility and power, and it seems to be attempting to use that power to shape the crypto market as it readies to enter the mainstream. 
The main reason for Binance Chain is a simple one: A blockchain allows Binance to launch a distributed crypto exchange, in this case in the form of Binance DEX.
While a distributed excha…

This Congressman Wants to Turn Taiwan into a Blockchain Island. We Asked Him How

It’s been over ten years since the birth of Bitcoin, and while many cryptocurrencies have come and gone, the technology under it all, blockchain, has proved resilient to the fads and failed ICOs. One legislator in Taiwan wants to integrate blockchain technology on a national scale and move the whole country towards using blockchain technology for more than just cryptocurrencies. Jason Hsu, dubbed the “crypto congressman” by Ethereum’s Vitalik Buterin, is an entrepreneur-turned-legislator in Taiwan who wants to make the island a haven for people working on different applications of blockchain technology. We asked him how he plans to go about doing just that. You were an entrepreneur before becoming a member of parliament: Why did you become a legislator? Before I became a member of parliament, I was a technology entrepreneur. I wanted to bridge the gap between technology and public policy and remove legal barriers to technology innovation in Taiwan, so I ran to be a legislator in 2016. Sinc…

Move Over Bitmex As Binance Commences Bitcoin Margin Trading

Margin Trading Coming to Binance: How It Works
After a recent mistake where Binance’s twitter account posted a screenshot where a “Margin” section could be seen, the expectative that the exchange was about to open a margin trading section was set.
Rather than trying to hide it, the company went all out, allowing users to know that, indeed, margin trading is coming to Binance.

What is margin trading?

Margin trading, also known as day trading, is the practice of buying and selling a stock or token in a short amount of time – often buying when the market opens and selling when it closes.
It’s a high risk, high reward scheme that allows traders to profit from whichever stock or cryptocurrency is having its day in the sun.

Couldn’t I do this on Binance before?

You could, of course. With your own money.

The thing about margin trading is that traders often don’t spend their own money, but somebody else’s. 

For example, a trader who has $100 to trade might be able to borrow $900 from a margin tradi…

The Facebook Cryptocurrency-All You Need To Know About Project Libra

Enter The Libra

On June 18, 2019, Facebook Inc. has announced its ambitious plan to launch Libra, a new cryptocurrency. This initiative is an effort of the social media behemoth to expand into the digital payments ecosystem. This has, however, attracted a pushback from some quarters.
Global Association Currency
Facebook has established the Libra association linking 28 partners, including PayPal, MasterCard, Uber, etc. According to the interviews with the executives and the marketing material, it is clear that this Geneva-based association is governing the new digital currency. However, no bank has been made a part of this association until now.
Calibra is the subsidiary created by Facebook simultaneously to facilitate the transaction of this new digital coin that is going to offer digital wallets to send, spend and save this new cryptocurrency. It will be connected to the messaging platforms of Facebook, i.e. Messenger and WhatsApp. The corporation intends to launch this new crypto by …

Binance Ramps Up The Cryptocurrency Market Domination Fight With A New Bitcoin Token Launch

Binance exchange commenced trading on its new Bitcoin BEP2 token known as BTCB. The new token has its value pegged to Bitcoin on a 1:1 basis.

 For a start, there are 9,001 BTCB in issue and they are fully backed up by bitcoin reserves of same value.
A New Bitcoin Composite?

The cryptocurrency market scene has been abuzz with activities in recent months as a new crypto bull market emerged.

Prices of the leading tokens and coins have soared in the last two months. The market capitalization for cryptocurrencies has surged past $280 billion as trading kicked off in June 2019.

The sum of the market developments is that more people have began to pay attention to the crypto market scene with the new rise in prices.
By introducing BTCB, Binance once again is blazing trail. It already commands respect in the marketplace with Binance coin.
By adding BTCB, it is definitely angling to take a leading role in the crypto marketplace place.
Any Immediate Results?
By keeping its innovative division b…