We have prepared a brief overview of the most important news of last week.
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News 03.02. – 09.02.20
Crypto exchannegs / Banks
Regulations / State cryptocurrencies
Blockchain / Technology
Binance launches the mysterious Binance Cloud project in a few days
Binance CEO Changpeng Zhao (known as CZ) announced great plans for the future of Binance. In a recent AMA (Ask me anything) said Binance will launch the Binance Cloud within ten days. However, CZ did not provide any further information. It is speculated that the Binance Cloud should be a decentralized storage service.
However, this would also require decentralization at the level of the Binance chain, which is based on Tendermint technology (similar to Cosmos). On the issue of staking BNB CZ said that it is still far away. However, the fact that Binance plans to staking the BNB, however, indicates that Binance Coin will add so-called utilities, which means it will have more functions and uses.
CZ also announced a P2P marketplace based on WazirX technology that Binance recently purchased. WazirX wants to become number one in the cryptocurrency field in India. Recently, IEO WazirX tokens were also held. The WRX token price has grown five times its IEO.
Binance also confirms its place as the best, cryptocurrency exchange by adding BNB Futures trading with a lever up to 50x. In addition, exchange also added support for the Russian ruble, the Norwegian krone and the Croatian kuna.
Bitcoin broke limit of 500 million transactions
The Bitcoin network has processed 500 million transactions since its first launch on January 3, 2009. According to the Satoshi data server – named after the Bitcoin inventor – 500,0165 million transactions were performed on the bitcoin blockchain. The bitcoin network has doubled the number of transactions from 250 million in 2017 in the last three years.
ICE, the parent company of Bakkt, reportedly offered $ 30 billion for eBay
Intercontinental Exchange (ICE), operator of the New York Stock Exchange (NYSE) and the Bakkt bitcoin trading platform, has reportedly made an informal offer to buy eBay, reports the Wall Street Journal. The offer is worth $ 30 billion.
Japan wants its own cryptocurrency because of concerns about the chinese yuan
Japan feels the pressure of the Chinese authorities,which wants to hurry with the digital yuan. According to a report on February 7, the country’s top lawmakers are calling on the government to seek to include digital currencies in the G7 program this year.
Fake news: Bitcoin dropped 56% per day
Two respected portals Yahoo! Finance and Investing.com shared articles over the week that falsely claimed that the Bitcoin price fell 56% in one day. The articles were probably written by a computer program (bot) that sought to increase advertising revenue through a clickbait headline.
Gemini has partnered with TradingView
The US cryptoexchange Gemini, backed by the twins Tyler and Cameron Winklevoss, has integrated the popular TradingView technical analysis service into their system.