Binance Launches Platform ‘2.0’ as Margin Trading Goes Live

The top crypto exchange by trading volume, Binance, has launched version 2.0 of its platform – a move that officially adds margin trading for its customers. The firm revealed that margin trading was on the way in late May, and said that the service would feature up to 20x leverage soon after. In an announcement Thursday, Binance indicated that leverage (the amount that can be borrowed against a user’s crypto collateral) is just 3x, however. “Your Margin Wallet balance determines the amount of funds you can borrow, following a fixed…

Binance to Stop Serving US Traders Following Announcement of US-Dedicated Platform

Major crypto exchange Binance announced today, June 14, that it has updated its terms of use, which notably includes a restriction of services to United States-based individual and corporate traders. The restriction follows yesterday’s news that the company is launching a separate, fully regulated fiat-to-crypto platform for the U.S. market. Today’s announcement provides a timeline for the new terms to come into effect, specifying that: “After 90 days, effective on 2019/09/12 [12th September 2019], users who are not in accordance with Binance’s Terms of Use will continue to have access…

John McAfee’s New Crypto Trading Platform ‘Magic’ Goes Live

Noted cybersecurity expert and eccentric crypto fan John McAfee has just launched a cryptocurrency trading platform. Dubbed “Magic,” the site is touted as allowing users to “trade cryptocurrencies on multiple exchanges within a single dashboard, automatically and manually.” Notably, the exchange appears to be non-custodial, with users’ crypto holdings remaining on eight other exchange platforms. When a trade is executed, funds are transferred from those accounts to compete the transaction. To set this up, users will need to plug in APIs from their other exchanges. Two “portals” are on offer,…

Facebook Coin | Platform will Announce Cryptocurrency in June

According to CNBC, Facebook will announce its cryptocurrency later in June. Further, those working on the project will be able to take their salary in its new currency—the Facebook coin. Let’s check this out; here’s what we know. Facebook Coin: To Be Announced in Late June Rumors have surfaced for months now about Facebook’s new digital asset; however, nothing was ever truly confirmed. What is known is this: Almost one year ago, Facebook hired former PayPal executive David Marcus to explore blockchain opportunities—blockchain is, of course, the necessary technology to…

The Abyss Platform Partners With Epic Games

Epic Games—the developer behind the global success Fortnite—is partnering with blockchain game distribution platform, The Abyss. The company made the announcement earlier today. Epic Games and The Abyss Blockchain The Abyss blockchain is a new digital gaming platform that offers MMO’s (Massively Multiplayer Online games) and other video games. Offering a Platform-as-a-Service (PaaS) business model, it gives indie-studios the ability to develop, run, market and manage their games. There is no interference from a third party. Further, users can generate income via “the unique multilevel referral program which serves as…

PewDiePie Boosts Blockchain Streaming Platform with 67% Subscriber Spike

By CCN: Sweden’s Felix Kjellberg AKA PewDiePie, YouTube’s most popular streamer, has been up and running on cryptocurrency startup DLive for a little over a month and is already drawing in the crowds. DLive’s subscriber numbers are already up 67% since PewDiePie joined the platform. The company has not released official numbers regarding Kjellberg’s specific impact but it’s safe to say that most of their success can be attributed to Mr. Pie’s exclusive streaming deal. Signing established streamers will be key to stealing market share from current players like Twitch.…

Platform Allows Users to Send and Receive Cryptocurrency With Gadget of Their Choice

The team behind a private digital currency for secure payments says its goal is to make every consumer their own bank — enabling them to send and receive crypto with the gadget of their choice. Xeonbit says its peer-to-peer technology ensures that every user’s accounts and transactions are “out of reach to any prying eyes.” A feature known as “ring signatures” means public keys are shuffled in order to ensure that particular users cannot be identified once a transaction has taken place. The startup says this is not at the…

Facebook Crypto Ad Ban | Platform Loosens Restriction on Crypto Ads

According to CNBC, Facebook said on Wednesday that it will loosen its ban on cryptocurrency advertising on its platform. The result will allow businesses related to crypto and blockchain to promote their projects on the social network. The Facebook crypto ad ban first came into effect in January 2018. Facebook Crypto Ad Ban The social media giant first started blocking ads on initial coin offerings, saying it had concerns for its users’ welfare. It was afraid that many would fall for scams and fraudulent crypto products. But earlier this year…

YouTube’s Biggest Star PewDiePie Swaps Stream to Blockchain Video Platform

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. YouTube’s most popular content creator will ditch the video juggernaut in favor of crypto-based DLive in a massive win for blockchain awareness and adoption. With 93 million subscribers (and counting)…

Funding Platform SeriesOne Partners With Polymath to Use Its Security Token Protocol

United States-based crowdfunding platform SeriesOne has partnered with security token protocol platform Polymath, according to a press release published on March 19. The new partnership intends to create a digital securities offering ecosystem via the SeriesOne platform. According to the press release, the partnership between SeriesOne and Polymath will let token issuers create and manage regulatory-compliant security tokens from the initial offering stage to trading on a secondary exchange. SeriesOne CEO Michael Mildenberger expressed confidence that Polymath’s security token protocol, ST-20, is set to improve the process of raising capital…