Binance launch decentralized crypto currency exchange on its own blockchain

Date:

2018-03-14 20:30:05

Views:

3565

Rating:

1Like 0Dislike

Share:

Binance launch decentralized crypto currency exchange on its own blockchain Source:

Cryptocurrency exchange Binance, which last week hacker attack start your own blockchain Binance Chain. Subsequently, the company will create a decentralized marketplace, Cointelegraph.

the

Binance save reputation after hacking

the Developers have analyzed the working mechanisms of decentralized exchanges, and decisions made by other market participants. Based on the data Binance creating a hybrid centralized and decentralized platforms, says the company.

As a public blockchain Binance Chain will mainly focus on trade blockchain assets and their transfer, as well as provide new opportunities for the future influx of blockchain assets. Two solutions will coexist in the near future, complementing each other and having relationships.

the Company also intends to transfer to a private blockchain cryptocurrency Coin Binance (BNB), which currently operates in Ethereum based on the standard ERC-20. As the conversion will affect the holders of the cryptocurrency, the company said.

After the publication of the statements of the BNB increased its rate as of 14:30 Moscow time has grown by 27.25% to $10,33. Later Binance Coin up to $9,64.

Start your own blockchain platform — Binance attempt to restore the reputation after hacking the accounts of users of the exchange. Hackers to steal money from the accounts, and the management of the exchange for information about the award in 250 thousand dollars.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

What are the balls in mining. As the complexity of the solutions affect the extraction of crypto currencies

What are the balls in mining. As the complexity of the solutions affect the extraction of crypto currencies

Consider on your toes, what is a globe, why does she need a complex than a ball different from the decision block, and why they should not be confused. To learn the material, we strongly recommend you to read the article , and eve...

The G20 leaders will propose measures for international regulation of the cryptocurrency

The G20 leaders will propose measures for international regulation of the cryptocurrency

In early March, Russian Deputy Finance Minister Sergei Storchak was willing to discuss cryptocurrencies at the summit of "Big twenty". The topic for discussion among Ministers will make for the first time. Representatives of count...

In Omsk will pass the court in the case of fraud with mining equipment

In Omsk will pass the court in the case of fraud with mining equipment

the Theme of cryptocurrency — freedom for fraudsters. For example, attackers are still trying to capitalize on ICO Telegram. To do this, fake websites and send out letters with an offer to invest. Also demand is cheating on sellin...

Thomson Reuters has introduced a service to help predict Bitcoin exchange rate on the basis of the AI

Thomson Reuters has introduced a service to help predict Bitcoin exchange rate on the basis of the AI

the exchange Rate of Bitcoin is unstable from the beginning of 2018 at its peak, the cryptocurrency reached 17,500 dollars, while the minimum was almost three times less — $ 6,200. The coin is now again falling, and the reasons fo...

Google will ban advertising of crypto-currencies and ICO

Google will ban advertising of crypto-currencies and ICO

In late January, Facebook advertising cryptocurrency. According to the manual, ads in the social network must be safe for users, and coins and ICO "introduce them astray." Now on the same step did Google. the Bitcoin Is under ques...

Goldman Sachs: Bitcoin has the potential to fall below the February low

Goldman Sachs: Bitcoin has the potential to fall below the February low

a Week ago, Harvard economist forecast of exchange rate of Bitcoin. According to Kenneth Rogoff, 2028 per coin will rather give $ 100 than 100 thousand. The reason for the popularity of operations on money-laundering and tax evasi...

Member of the governing Council of the ECB: cryptocurrencies are a poor excuse of money

Member of the governing Council of the ECB: cryptocurrencies are a poor excuse of money

the March meeting of "Big twenty" will be held in Argentina from 19 to 20 March. The participants of the conference for the first time the topic of cryptocurrencies, Finance and cyber security. In the future, the subject can gain ...

Czech miners used the heat of the farms for growing tomatoes

Czech miners used the heat of the farms for growing tomatoes

the generated heat of the device during the mining of cryptocurrencies are a headache of miners. High temperatures reduce the life cycle of vehicles, so you need to take care of the cooling air. A businessman from the Czech Republ...

Baikal Giant N died before the start of sales. Why buy asika is not the best idea

Baikal Giant N died before the start of sales. Why buy asika is not the best idea

Yesterday, we about the first miner on the algorithm CryptoNight. Baikal Giant N shall be provided with 20 kH/s when consuming 60 watts and promises to replace 10 AMD Vega. The profitability of the device while mining Monero durin...

The court explained the reluctance to incorporate cryptocurrencies in the bankruptcy estate of the debtor

The court explained the reluctance to incorporate cryptocurrencies in the bankruptcy estate of the debtor

In February, the journalists details on the bankruptcy Ilya Tsarkov. Creditors demanded to consider cryptocurrency savings men for the payment of the debt, and Moscow arbitration court to do so . Now the representatives of the cou...

The movers stole the equipment for mining of Luggage at the airport of Vladivostok

The movers stole the equipment for mining of Luggage at the airport of Vladivostok

Last year, the growth rate of Bitcoin has attracted a niche cryptocurrency many new members. With them appeared and negative consequences on the profitability of coins learned detractors. On the eve of the stevedores of Vladivosto...

In Google Play hit the miner, Monero who was stealing cryptocurrency of users

In Google Play hit the miner, Monero who was stealing cryptocurrency of users

Mining of crypto-currencies online without the farm. Especially this technique like hackers who install the scripts on the sites and use the computing power of the devices of visitors. To take advantage of the wave of popularity t...

Yandex has added to the browser protection from mining

Yandex has added to the browser protection from mining

last week the antivirus Microsoft at least 80 thousands of Trojans and stopped a hacker attack. The attackers wanted to access 400 thousands of computers, 292 thousand of whom are in Russia. In the future, was going to mine the co...

How to kill cryptocurrency exchange — the example of Finland

How to kill cryptocurrency exchange — the example of Finland

Cryptocurrency exchanges often attract the attention of hackers. Recently the victim of the attack was Binance, which reward the equivalent of 250 thousand dollars for information about burglars. There are other risk factors. Amon...

Baikal N Giant — the first ASIC for the algorithm CryproNight

Baikal N Giant — the first ASIC for the algorithm CryproNight

Probably all of our readers watched great drama, where the issue of ASICS killed mining on the Blake algorithm(2b) and the profits of mining after the start of sales began to roll down. the New Baikal Giant If the day of the annou...

Binance promises 250 thousand dollars for information about hackers breaking into users

Binance promises 250 thousand dollars for information about hackers breaking into users

the Evening of the seventh of March, users of the cryptocurrency exchange Binance hacking accounts. Hackers traded stocks of coins on Viacoin that wanted to sell at a high price. As a result, nothing happened — their money . Now t...

What will happen to the exchange rate of Bitcoin on the week — analysts

What will happen to the exchange rate of Bitcoin on the week — analysts

on Friday we about the real causes of the fall of Bitcoin. As it turned out, relates to what is happening a long the hacking of Mt.Gox and coin sale in large quantities. In the hands of the Trustee, the exchange remains of thousan...

CRYPTOMACH / Not the last fall of Bitcoin hacking Binance and updating of the network zcash for

CRYPTOMACH / Not the last fall of Bitcoin hacking Binance and updating of the network zcash for

the Next week was a busy one. Hackers broke into the users exchange Binance, Bittrex has closed access for residents of the Crimea, and the investor Tim Draper predicted the replacement of the Fiat cryptocurrencies in five years. ...

The President of Venezuela: pre-sale El Petro reached $ 5 billion

The President of Venezuela: pre-sale El Petro reached $ 5 billion

In late February, Nicolas Maduro about 292 thousands of bids on the purchase of national cryptocurrencies El Petro. Volume agreements — billion dollars. Two weeks later the amount had increased five times. the Good results El Petr...

Tim Draper: 5 years to pay will be the only cryptocurrency

Tim Draper: 5 years to pay will be the only cryptocurrency

founder of the venture capital company Draper Fisher Jurvetson Tim Draper, an early investor in cryptocurrency. After hacking exchange Mt.Gox, the entrepreneur has lost 40 thousand bitcoins, but still coins safer dollars. Tim shar...