Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes
    30 May 2023
    173 Views

    One Bitcoin can be bought for the equivalent of $22,000 on Binance Australia if paying with Australian dollars. The problem is getting it there. Bitcoin is trading hands at a hefty discount on the Australian branch of the Binance crypto exchange, with the price of Bitcoin down as much as 21% if traded against the Australian…

    Mining difficulty passes 50 trillion — 5 things to know in Bitcoin this week
    30 May 2023
    179 Views

    Bitcoin fundamentals are blasting ahead as May comes to an end, while traders remain torn over BTC price strength. Bitcoin starts a new week in an altogether different mood as the weekly candle close brings a move higher. The largest cryptocurrency, still stuck in a narrow range, is at last showing signs of life after several…

    Buying a bank won’t solve crypto’s debanking issue: Binance CEO
    30 May 2023
    171 Views

    CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank. Binance CEO Changpeng Zhao says the firm is unlikely to buy up any banking institutions, despite a growing worry of crypto companies being debanked, including Binance’s own operation in Australia. The collapse of several U.S….

    Turns out, it’s pretty difficult to insure crypto users and platforms
    29 May 2023
    160 Views

    A crypto insurance provider will typically assess at least 2,000 variables across 20 risk areas before they even consider insuring a platform, according to an insurance executive. Crypto insurance providers spend enormous amounts of time judging whether to provide coverage to a crypto company, and almost none of them offer assurances to individuals, insurance and…

    Institutions seek detailed blockchain analytics for crypto adoption — Elliptic
    29 May 2023
    173 Views

    Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions. As more institutions explore digital assets, the need for on-chain analytics platforms has never been higher. Compliance experts, investigators and regulators employ these blockchain analytical tools to better understand the patterns and entities in cryptocurrency transactions….

    Bitcoin can bring ’cause and consequence into cyberspace,’ boost security — Michael Saylor
    29 May 2023
    169 Views

    During an interview, Michael Saylor discussed how crypto networks like Bitcoin can promote security and combat digital trust issues. Bitcoin may be the answer to combat cybersecurity threats driven by artificial intelligence, such as deepfakes, Michael Saylor, executive chairman of MicroStrategy, said during a recent interview with Kitco News. Saylor illustrated his views using social media accounts created…