Crypto Daily News: Vitalik Buterin Slams Centralized Exchanges and HBUS Opens in the US

Crypto Daily News

In today’s edition of Crypto Daily News, we cover why Vitalik Buterin slammed centralized cryptocurrency exchanges, the Philippines making moves in cryptocurrency, and HBUS’s opening in the United States.

Crypto Daily News: Vitalik Buterin Hates Centralized Exchanges

On July 6th, Vitalik Buterin spoke in a ‘fireside‘ chat with Jon Evans at the TechCrunch Session focused on the blockchain. Most of the session was about Buterin’s hate for centralized cryptocurrency exchanges.

“I definitely hope centralized exchanges go burn in hell as much as possible,” Buterin told Evans heatedly.

His ideal situation would be …

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The Central Bank of the Philippines Approved Two New Cryptocurrency Exchanges

Philippines cryptocurrency exchanges

Philippines cryptocurrency exchanges: The Bangko Sentral ng Pilipinas (BSP) has just approved two new cryptocurrency exchanges, the news outlet BusinessWorld reported July 6th. Presently, there are only five regulated crypto exchanges throughout the entire country.

Chuchu G. Fonacier, BSP Deputy Governor, said that the regulator has approved the applications for ETranss and Virtual Currency Philippines, Inc. The platforms will convert pesos into digital currencies like Bitcoin (BTC) and Ethereum (ETH).

The other cryptocurrency exchanges approved by the central bank are Rebittance, Inc; Betur, Inc (Coins.ph); and BloomSolutions.

Crypto Progress in the Philippines

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Binance Donates $1M to Japan Earthquake Relief: You Can Help Too!

Binance donates to Japan disaster relief

Binance Donates to Japan Disaster Relief: Japan is prone to natural disasters. Located along the world’s most active earthquake belt, the country’s seen everything from earthquakes to mudslides.

The latest Japanese natural disaster occurred this weekend. On the night of July 7, a 6.0 earthquake hit Japan.

No tsunami warning was issued, but the aftermath of the latest Japan earthquake is becoming dire. As a result, crypto exchange Binance has stepped in to help. 

Binance Donates to Japan Disaster Relief 

Since last Thursday, Japan has experienced heavy rainfall, sparking deadly landslides and …

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Crypto World Cup Day 21: Justin Sun vs. Willy Woo

Justin Sun

It’s Crypto World Cup Day 21. Justin Sun takes on Willy Woo and Charlie faces off against CryptoYoda. Who will move on and who will be knocked out?

Today’s the final day of the quarterfinals and the last chance to take your guesses at the final two teams who will be moving into the semifinal round.

How did the games go today? Let’s take a look!

Check out the results and highlights of today’s games
Match 1: Willy Woo 0-2 Justin Sun

On paper, this seemed like it would be a simple …

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Crypto in the Second Half of 2018: Got Predictions? Get Your Bets in! 🎲

crypto second half of 2018

Crypto Second Half of 2018: Investors were not pleased with the first half of 2018. While some focused on the S&P 500 (it’s up 1% YTD, instead of the usual 3.5%), others focused on cryptocurrencies.

In particular, investors watched Bitcoin, which notched up a 16- fold increase in 2017, only to drop by 55% between the start of 2018 and June 27th. 

Now, as of July 1, we are in the second half of 2018. Which means if things are going to change, now is the time to get going. But what if things …

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Crypto World Cup Day 20:Brad Garlinghouse vs. Charles Hoskinson

Brad Garlinghouse

Today kicked off the quarterfinals of the Crypto World Cup and boy was the competition fierce! Many big names have already been eliminated, but who will be next? Let’s find out!

Today’s competitors: Brad Garlinghouse vs. Charles Hoskinson & Cameron Winklevoss vs. Satoshi Nakamoto

Check out the eight finalists that made it to the Quarterfinals!

Check Out the Results and Highlights of Today’s Games 

Match 1: Brad Garlinghouse 0-2 Charles Hoskinson

Charles Hoskinson came onto the pitch with guns blazing this afternoon and blew Garlinghouse out of the water. Hoskinson …

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Determining the Tradable Value Of an ICO Token

Tradable Value Of an ICO Token

To seamlessly determine the tradable value of any ICO token is no doubt a big part of what makes you a smart crypto investor. In the last little while, it’s no longer news that Initial Coin Offerings (ICOs) have made some impressive progress on crowdfunding, and have been used to successfully raise over a billion dollars for early-stage startups.

ICOs are an astounding innovation that has positively affected established businesses, startups, and investors as well. In fact, most startups use ICOs to bypass the regulated capital-raising process required by venture capitalists.

Although most of …

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Huobi Launches US Exchange HBUS – Registrations are Already Happening!

Huobi launches US exchange HBUS

Huobi launches US exchange HBUS: Cryptocurrency exchange HBUS has officially opened for business in the US. Linked with the world’s fourth-largest crypto exchange Huobi, HBUS will signal a foothold in another major global market for Huobi.

HBUS is a “strategic partner” of Singapore-based enterprise and will not formally operate under the Huobi brand.

CEO of HBUS, Frank Fu stated: “Our strategic partner, Huobi, has grown to be the largest digital asset marketplace globally. As investors‘ acceptance of virtual currency and digital asset increases, we have seen incredibly high demand in the U.S. We are …

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Facebook Appoints Director of Engineering Blockchain

Director of engineering blockchain

Director of engineering blockchain: Facebook has appointed one of its senior engineers Evan Cheng as its first “director of engineering blockchain”. 

The new position was confirmed by Facebook on Tuesday and signals the companies seriousness about the technology.

Cheng has previously been responsible for heading up Programming Languages & Runtimes at Facebook. Prior to that, he held a 10-year stint at Apple.

Describing himself as “an engineer and a technical leader” his social accounts also imply that he is an expert in blockchain and cryptocurrency; “day job – programming languages, runtimes, compilers; …

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Winklevoss Twins Hire NYSE Exec to Oversee Crypto Exchange Gemini

Winklevoss Twins hire NYSE executive

Winklevoss twins hire NYSE executive: The Winklevoss twins have turned to an executive from the New York Stock Exchange, hiring Mr. Robert Cornish to oversee Gemini’s use of Smarts. 

Gemini, the Winklevoss’ crypto exchange, has been in action since 2015, and adding Cornish to its team marks another instance of how crypto exchanges are looking to work with traditional financial markets.

Before, it was Coinbase hiring NYSE executives, but now, based on the July 6th announcement, it appears to be the Winklevoss’ turn. 

Winklevoss Twins Hire NYSE Executive 

Today, Gemini announced that …

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