New Crypto Exchange Will Be ‘100 Percent Owned By Users

New Crypto Exchange Will Be ‘100 Percent Owned By Users A hybrid community-owned digital asset exchange is hoping to simplify trades and investments while driving down the cost of transactions. DAREX’s hybrid model enables users to trade utilities and securities – and the revenue generated from these transactions is subsequently shared with token holders. In time, the exchange hopes to become a “truly beneficial and democratic exchange platform for all.” The startup is set to be “the first exchange of its kind” thanks to how it blends the benefits of…

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After Bitcoins downfall, Crypto Mining is no longer Profitable for many Miners.

After Bitcoins downfall, Crypto Mining is no longer Profitable for many Miners. After Bitcoin prices fall, nearly 30% in the past week and hit a 13 month low of about US$ 4,500 according to data the total market value of cryptocurrency have slumped to the US $148 billion, which is less than one-fifth of its during the market’s peak in January. A clash among supporters of Bitcoin cash, the most successful Bitcoin offshoot, was largely blamed for the market meltdown. The world’s fourth largest cryptocurrency split into two distinct entities…

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What is going on with Crypto?

What is going on with Crypto? It all started 4 days ago when Crypto market started to fall, yet after a couple of days, there is no recovery in Crypto market. Now the market Crashing harder that it was 4 days ago. Bitcoin, which hasn’t fallen past $6,000 for months, has dumped to $4,413.99 as of this morning. Not just bitcoin its nearly everything else falling in unison. Ethereum was flying high at $700 a few months ago, now it’s at $140. The following chart shows how far the things…

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Binance Invested $3 Million in a US Crypto Trading Desk

Binance Invested $3 Million in a US Crypto Trading Desk Binance Labs revealed in a press release that it had made a $3 million investment into Koi Trading, a small sum for the world’s largest cryptocurrency exchange, but a notable one nonetheless. Koi Trading is an OTC trading operation headquartered in San Francisco, CA. They aim to be a compliant global option for private cryptocurrency liquidity. Koi also offers assistance with data science, quantitative research, and compliance consulting work. “Ella Zhang” head of Binance Labs said in a comment said:…

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A Change of heart for Warren Buffett on Crypto Investments? Invested $600 million in two Fintech Firms.

A Change of heart for Warren Buffett on Crypto Investments? Invested $600 million in two Fintech Firms. For years now, Warren Buffett has been talking against cryptocurrencies, and Bitcoin especially, claiming that this technology is nothing more than a bubble and a scam. However, recent reports indicate that he may have had a change of heart. Mr. Buffett, who continuously rejected cryptocurrency and fintech, seems to have decided to invest as much as $600 million into two large fintech firms. Each company is set to receive a $300 million investment…

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