Bitcoin vs. Dollar (USA), which one will become a global currency in the near future? Over half of the world’s population is aged under 35 and live in emerging markets, where national currencies are considered to be inferior to USD. By 2100, our planet’s population is estimated to reach 11–12 billion people, where at least 6 billion will live in unstable economies with high volatility currencies. Simply relying on only one currency (USD) is not wise for most countries because it clearly violates their sovereignty.
On May 11, 2020, the third Bitcoin halving took place. It became one of the main events in the cryptocurrency industry and made a splash on social networks such as Twitter, where the number of Bitcoin mentions was skyrocketing. Today we focus on the reasons for halving and its impact on the prices and mining of cryptocurrencies in the future.
The Bitcoin mining algorithm is built on the Blockchain, meaning that the next mined block is built into the chain of the previous ones. Blocks contain data on:
The beginning of 2020 was quite stressful for most cryptocurrency exchanges. On January 10, 2020, the 5th Anti Money Laundering (AML) Directive took effect. Some platforms announced their closure, while some threw all their strength into the struggle to meet the new requirements. This article will tell you how to win this battle.
If you think we decided to write this article based on this directive alone, you are mistaken. February 2020 began with good news for the team. EXMO has been rated top-tier in the latest CryptoCompare Exchange Benchmark.
2020 began with great news: EXMO exchange received licenses for providing cryptocurrency services in Estonia — “Providing a virtual currency wallet service” and “Providing services of exchanging a virtual currency against a fiat currency.”
The names speak for themselves. New licenses allow us to:
Besides, the licenses apply not only to Estonia but worldwide. …
Author Sergey Zhdanov, CEO of the EXMO cryptocurrency platform
Predictions can be wrong, but one thing is certain: 2020 will be a complex year for the cryptocurrency market. Digital assets will undergo significant changes in form, features and functions. It is noteworthy that bitcoin will face the least changes compared to the other altcoins. Many popular cryptocurrencies will be replaced by their counterparts issued by states, as well as projects created and supported by large capital. Nevertheless, in the new format, they will begin to integrate into the traditional financial system by receiving wider distribution and application.
1. China will…
Cryptocurrencies and the underlying blockchain technology has enormous potential, which we still haven’t understood and disclosed in full.
Russia has a special view on everything, and cryptocurrencies are no exception. So far, the idea of digital money has not found wide demand in this country. However, the growing interest in new technologies from the state and the private sector suggests that the situation is constantly changing.
The cryptocurrency industry has entered a new stage of development.
What happens after hype? …
EXMO Cryptocurrency Platform Announces the implementation of the Telegram Passport Verification.
EXMO integrates Telegram Passport with the identity verification support KYC from Sumsub. Using the Telegram Passport users can register in any service that requests ID data for verification with only one touch. It also allows to save passport information and other documents to Telegram while the service itself won’t have access to the data — they will be encrypted on the user’s device.
“ EXMO team is constantly working on optimizing the KYC process. Today we are happy to announce the opportunity to verify users via Telegram Passport. We…
The Cryptocurrency Exchange EXMO presents the upgraded “Trade” Page.
“We are pleased to provide our users with an extremely wanted upgraded “Trade” page. As planned, the launch of the new version will take place in three stages. For a smoother transition, we’ve made a decision to offer the possibility to switch between two tabs for a while — an old and a new ones. Please, share your experience of trading in a new interface and get pleasant surprises for the most useful comments and remarks”, said CEO of EXMO Cryptocurrency Exchange Sergey Zhdanov.
BitTorrent is the flagship developer of peer-to-peer technology for sharing files on the Internet. The leading places among the company’s products were taken by the well-known μTorrent and BitTorrent. According to the information on the official website — 40% of every day’s global traffic comes from the use of μTorrent and BitTorrent, and more than 170 million people use these products every month. These are stunning numbers.
Of course, it’s hard not to notice such a promising company. The first reports about BitTorrent plan to acquire the Tron Foundation appeared in May 2018, and on July 24, the company…
EXMO сrypto exchange announces a new partnership with Ledger. The integration of EXMO into the Ledger Live app allows EXMO users to switch digital assets easily and Ledger users now can explore trading experience within EXMO.
“I am sure this partnership is going to bring quite an outstanding new experience to both of our users’’, CEO of EXMO Sergey Zhdanov said. About Ledger: Founded in 2014, Ledger is a leader in security and infrastructure solutions for cryptocurrencies and blockchain applications. …