Chen claims that the firm is only willing to provide a valuation equivalent to its one-year profit—$500 million to $1 billion—which he believes that this is a gross undervaluation of the company. The report cites U.S. crypto exchange Coinbase and its 2018 valuation of $8 billion as data that backs this idea.
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Crypto scams and hacks are still rampant — can Binance succeed where others have failed? (Photo: Binance)Fed up with scams and hacks, Binance launches industry-wide alliance against crypto crime
Binance, one of the world’s biggest exchanges, believes closer collaboration between exchanges, analytics firms, and cybersecurity experts can help reduce thefts and abuses
In time, it is hoped that members of the alliance will be able to share and access real-time intelligence on hacks, scams and other malicious activity in private—meaning sensitive information concerning users and businesses doesn’t need to be shared with rivals. It’s hoped that there will be a better chance of safeguarding funds as a result.
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The Case against Craig Wright, Part I (2009-2011)
A #Faketoshi hobbyist walks us through the details behind accusations that Craig Wright lied and forged proofs that he is Bitcoin creator Satoshi Nakamoto
The problem is that people who claim Craig Wright is a fraud are mostly disorganized. So today we are just going to put it all out on the table. For that we look to Arthur van Pelt, a Dutch "bitcoin entrepreneur" who spends his free time digging for information that will debunk Wright's claim to be Bitcoin creator Satoshi Nakamoto.
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Lessons from YouTube Christmas cryptocurrency purge
After a spate of video takedowns, the decentralized currency industry was reminded why it should support decentralized content platforms
The YouTube Christmas cryptocurrency purge seems to have ended. The streaming video mega-site backed down, apologizing for what a spokesperson on Dec. 27 called an “error.”
