Companies

Even though Binance currently gets approximately 15% of traffic from U.S. customers, they announced that they will stop serving US individual and corporate customers on Binance.com in September.

Raven Protocol has announced the first Initial Dex Offering (IDO), scheduled for June 17. Just at the same time, RAVEN will be listed on Binance DEX.

Visa, Mastercard and PayPal are set to be backers of Facebook’s cryptocurrency along with a number of other companies, including Uber. Each will invest approximately $10 million into a foundation that will govern the coin.

To launch its crypto trading services in the U.S., Binance has partnered with local firm BAM Trading Services Inc. The company will release further details of the launch in the coming days.

Two huge cryptocurrency companies, Coinbase and Circle, are actively working in a joint effort to make money as easy transferable as data on the internet. Recently both firms have announced their new Stablecoin Network called CENTRE.

The hybrid applications use oracles to bridge the gap between blockchain-based smart contracts and internet cloud services thereby making automated business processes more efficient and robust.

Ripple CEO, Brad Garlinghouse, revealed that a remittance company, which he wouldn’t disclose, has gained +800% in clients overnight because it recently began using Ripple’s technology. The main reason in this rise in the change in transaction fee.

Following the news on the stock exchange market’s involvement with cryptocurrencies, Cryptoindex enters into a partnership agreement with Reuters, Bloomberg and Tradingview.

John McAfee released his new cryptocurrency exchange called “McAfeeMagic” together with its own cryptocurrency – Freedom Coin. Interestingly enough, the exchange will allow trading cryptocurrencies on multiple exchanges within one dashboard.

Major influencers may get $50-100 mln in revenue for bringing the audience to Voice, the EOS-based social media platform by Block.One