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Tag Archives: Largest

Investors are Optimistic in Acquisition of Korea’s Largest Crypto Exchange

On October 12, CCN reported that BK Global Consortium, the parent company of Singapore-based BK Medical Group, has acquired a 50 percent stake in Bithumb, South Korea’s largest crypto exchange. Kim Byung-gun, a prominent plastic surgeon and blockchain investor, finalized the deal between BK Global Consortium and Bithumb, officially acquiring the leading cryptocurrency trading platform at a valuation of $350 ...

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World’s Largest Crypto Exchange Binance Delists 4 Assets, Prioritizes Users

A new announcement made by the world’s largest crypto exchange Binance states that the exchange will soon delist up to four cryptocurrencies. Binance Continues to Review Listed Coins According to a new statement published by Binance on October 9th, in an attempt to protect its customers, Binance has started to conduct regular reviews of various digital coins that it offers. ...

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World’s Largest Crypto Exchange Binance Announces All Listing Fees Will Be Donated to Charity

The CEO of world’s largest cryptocurrency exchange Binance said he “hoped others would follow” his decision to donate all listing fees to charity after a sudden announcement Monday, October 8. According to the announcement, beginning “immediately” meanwhile, Binance will not only donate all such fees to charitable causes for the “greater good,” but also allow developers themselves to name the ...

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Binance Coin Becomes the 14th largest Cryptocurrency by Market Cap

Binance Coin (BNB) has positioned itself among the top 20 in the list of over 2000 cryptocurrencies listed on Coinmarketcap. In a recent tweet, Binance revealed that BNB has become the 14th most valuable cryptocurrency by market capitalization, which presently stands at over $1.2 billion. BNB is Binance’s native coin with several use cases for holders which the company highlighted ...

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World’s Fifth Largest Airline Firm Explores Blockchain to Cut Costs for Customers

European airline holding company Air France-KLM has partnered with blockchain travel ecosystem Winding Tree. The goal of the partnership is to reduce costs for the company’s customers by cutting out intermediaries. The alliance has revealed the new deal in a release published on its official website Thursday, Oct. 4. The world’s fifth largest air company by revenue in 2018, Air ...

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World’s Largest Crypto Exchange Quadrupled its Valuation to $8b in 1 Year

Coinbase, the largest crypto exchange, brokerage, and custodian solution provider in the global market, is on the verge of securing a $500 million funding round at a valuation of $8 billion. Recode exclusively reported that the exchange is finalizing a deal with Tiger Global, a major New York-based investment firm that has historically focused on high profile deals in consumer-facing ...

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Korea’s Largest VC Firm Makes First Investment in Enterprise Blockchain Startup

South Korea’s largest venture capital (VC) firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, TEMCO, according to an October 1 press release. KIP is known for its investments in high-ranking firms that include Naver — Korea’s largest search engine, as well as owner of the popular Japanese messaging app LINE — and Korean messaging giant Kakao, ...

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Institutional Investors the Largest Buyers of Crypto Transactions Over $100K

Institutional investors have replaced high net-worth individuals as the biggest buyers of cryptocurrency transactions worth over $100,000, Bloomberg reported October 1. According to Bloomberg, traditional investors and buyers such as hedge funds have become more involved into the $220 billion cryptocurrency market through private transactions. Bloomberg also notes that miners — the biggest sellers on the market — have begun ...

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World’s Largest Crypto Mining Firm Bitmain Releases Financial Results, Plans To List In Hong Kong

The price of Bitcoin may have come tumbling down this year, but the world’s largest crypto mining hardware manufacturer has continued to rake in the big bucks. Bitmain released its financial results revealing that it had generated $2.8 billion in revenue in the six months ending June this year. The firm which has a stranglehold on the crypto mining industry ...

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Coinbase Altcoins | New Coins Coming to the World’s Largest Exchange

The world’s largest exchange by trading volume is changing its stance. Coinbase will begin to list more altcoins as it adopts a more ‘open-door’ process to coin applications. In a matter of weeks, we should see more Coinbase altcoins trading on the exchange. Coinbase Altcoins To date, Coinbase lists just five cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), and ...

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