Blockchain accelerator MouseBelt announced it has joined with more than a dozen firms to create the Blockchain Education Alliance, aimed at attracting students to the industry.
Binance tests lending to margin traders
The leading cryptocurrency exchange will connect users with capital to investors looking for leverage
The world’s largest exchange announced on August 26 that customers can earn annualized interest rates of up to 15% by making short-term loans to its margin traders for leveraged investments. Initially limited to one period of 42 hours beginning on August 28, the firm will open up Binance Lending opportunities on a first-come, first served basis. The 14-day fixed interest loans of ethereum classic (ETC), tether (USDt), and binance coin (BNB) are also fairly limited.
Ethereum Classic hack nets thieves $1.1 million
The 51% attack saw control of the cryptocurrency’s blockchain taken over by bad actors
Ethereum Classic, the cryptocurrency created after the main Ethereum developers led by Ethereum founder Vitalik Buterin split off in a June 2016 hard fork to reverse the theft of $55 million in coins, suffered another loss this week. On Jan. 5, a miner or group of miners managed to gain control of more than half of the Ethereum Classic mining power, or hashrate, in what is called a “51% attack.” This gave them the ability to double spend ETC coins—basically spending a newly created coin and then forking the ETC blockchain, allowing them to cancel the transaction and be able to spend that coin again. Called a deep chain reorganization,…
Coinbase considers adding 5 more cryptos
Cardano, BAT, Stellar Lumens, Zcash, and 0x all rally significantly on announcement
Coinbase sent several cryptos rallying after it announced on Friday that it was exploring adding five more cryptocurrencies to its list of tradable assets. The exchange, one of the most popular for retail traders, said it looking at Cardano (), Basic Attention Token (), Stellar Lumens (), Zcash (), and 0x (). Cardano and Stellar Lumens were up over 9.5 percent following the announcement, according to data from CoinMarketCap. The runts of the litter did even better the smaller they were: Zcash soared over 14 percent, BAT shot up 22 percent, and 0x rocketed 27 percent. A month ago, Coinbase added Ethereum Classic () to its roster. In its statement…