Binance buying Coinmarketcap seems to be just the tip of the iceberg. Something is rotten in the cryptocurrency industry, and it has been this way for some time now.
After claiming CoinMarketCap would be independent after the acquisition, Binance CEO CZ went to Twitter to ask what the community would like to see improved, added, or removed from the site.
On April 8, Crypto Asia Summit, the largest virtual crypto summit of 2020 (May 18~23) announced Binance CEO Changpeng Zhao (CZ) will headline as one of the live online speakers.
Only four entrepreneurs who made their fortunes in crypto were included in the list of 2,095 billionaires revealed by Forbes this year. The richest man in crypto is Bitmain co-founder Micree Zhan, who appears at No. 690 on the list with a net worth of $3.3 billion.
According to the report by the Block, Binance CEO Changpeng Zhao is negotiating with CoinMarketCap management to buy the website for insane $400 million.
It has been discovered that there is a correlation between Bitcoin price and mentions of the upcoming BTC halving in media outlets. The more mentions are there, the higher the price is.
On February 21, the Malta Financial Service Authority made an official post about the Binance exchange office address. The cryptocurrency market received a hit.
Binance Cloud will help users and developers to launch their own digital asset exchanges using Binance’s technology and liquidity.
Within 10 days, Binance will announce a new product dubbed ‘Binance Cloud’. There was also a job announcement on Binance called for a Senior Cloud Engineer, indicating that the company is looking into the cloud and perhaps even a decentralized one.
Cryptocurrency exchange Binance has announced it hired Iskander Malikov, a former TradingView COO, as new Director of Fiat, Europe and CIS at the exchange. He will focus on establishing new fiat-to-crypto channels for Binance.