Binance Hack, Coinbase SEC Complains and Stablecoins Invasion – Crypto Exchanges Preparing for the Next Bull Run

As the world warms up to the reality of the cryptocurrency market as BTC nears $7k again , it is important that people get to know how top trading platforms are doing so far. There are presently more than 100 cryptocurrency exchanges globally, but we will be examining the latest news from Top 4 you cannot ignore.

Binance

Binance opened for business as a crypto-to-crypto only exchange. It soon gathered momentum having completed its ICO in July 2017. One of the strong selling points for Binance was its focus on the global market. It opened its doors to anyone who resides in a jurisdiction where cryptocurrency was not outlawed.

The buzz about Binance soon spread across the world, and by mid-2018, it dethroned Coinbase as the largest cryptocurrency exchange in the world but with great power comes great responsibility As of 05.07.19, it’s now also the scene of a major cryptocurrency theft. In what the company calls a “large-scale security breach,” hackers stole not only 7,000 bitcoin—equivalent to over $40 million—but also…

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Source: https://thebitcoinnews.com/binance-hack-coinbase-sec-complains-and-stablecoins-invasion-crypto-exchanges-preparing-for-the-next-bull-run/