How CZ made Binance a US$ 1bn company within a year

by Sophia Ha Ho

5 days ago

The success of Binance is well known. What is easy to forget is how many times the company faced – and mastered – challenges that could easily have spelled the end. We look at how CZ made Binance. Today Binance is the world’s largest cryptocurrency exchange (by volume), with a user base of around 15 million (as of September 2019). A great deal of credit for Binance’s success goes to its founder and CEO, Changpeng Zhao, known as CZ by his 465k Twitter followers. The exchange’s rise and success story is nothing short of a Hollywood movie.  Zhao, before becoming one of...

Adoption of blockchain and crypto in Southeast Asia

by Karin Chang

6 days ago

The region’s fast-growing economies are well positioned to drive adoption of blockchain and crypto in Southeast Asia. Here, we look at where the different countries stand in the process. With a total population of 570 million, a young demographic and high Internet connectivity Southeast Asia is a promising region for companies and investors. According to the e-Conomy SEA 2019 survey conducted by Google, Temasek and Bain + Co., there are a total of 360 million Internet users across SEA, of which 90% access the Internet via mobile devices.  [caption id="attachment_2411"...

When will DEX go mainstream?

by Faith Obafemi

1 week ago

Cryptocurrency has gained a large mindshare throughout the world. Especially Bitcoin, with its underlying philosophy of decentralized exchange of value, is widely known. But will DEX go mainstream? After going from a worthless digital asset to a value of tens of thousands of dollars, Bitcoin looks predestined to help DEX go mainstream. A little over a decade ago, someone or a group of persons identified as Satoshi Nakamoto created virtual money that changes hands on a peer-to-peer (P2P) basis, effectively sidestepping intermediaries. Ironically, the biggest players in the crypto...

Crypto regulation: Adoption driver or obstacle?

by Blocks99

3 weeks ago

Countries around the world take different approaches to crypto regulation, from laissez faire to highly restrictive. But they all share one thing: the need to prepare for the growing role of crypto. Interestingly, some jurisdictions have introduced clear and strict crypto regulation while at the same time welcoming cryptocurrency trading and services. Cryptocurrency in its current state is not considered a substitute for money. Even the friendliest of nations do not consider crypto as a substitute for their national currencies. In addition, all regimes place high priority on...

TomoChain – A public blockchain from Southeast Asia

by Blocks99

4 months ago

This recently launched blockchain is a further example of how many different applications blockchain technology can enable. Here, we let TomoChain speak for itself. Blockchain ecosystem for developers Various different use cases up and running Coming from Southeast Asia with a global focus TomoChain is a public blockchain that aims to achieve high transaction speeds without compromising decentralization. It does this by utilizing a consensus method called proof of stake Voting (PoSV), which incentivizes tokenholders to play an active part in staking across a network of...