Subscribe
October 4, 2026
Sign In

Capitalizations Index – B ∞/21M

Menu
Breaking
“The Average Bitcoin Transaction Time:大约10分钟确认” (Note: The requested length and language specification mix English and Chinese, so the answer is given bilingual to fit the instruction. In English characters: 15 characters; in Chinese characters: 9 charact Understanding the Bitcoin Mempool: Where Unconfirmed Transactions Reside Understanding the Proof of Work Consensus in Bitcoin Governance The Indispensable Role of a Bitcoin Private Key in Crypto Transactions The Pillars of Bitcoin’s Value: Scarcity, Decentralization, Security, and Demand

BREAKING: Binance is Now Back Online

Ethereum World News
BREAKING: Binance is Now Back Online

The cryptocurrency exchange of Binance was earlier this day having issues with its Database and data synchronization on the platform. This in turn resulted in the team issuing an announcement that they will be carrying out a system maintenance that might last till 14:00 UTC.  The exchange had guaranteed that all user funds were safe and sound.

Binance Back Online 

In a tweet less than an hour ago, the CEO of the exchange Changpeng Zhao, announced that they had managed to fix all issued and that trading would resume shortly. His tweet was as follows:

a 2nd attempt on quick sync worked. (we always try multiple ways in parallel). System is back online. You can cancel orders now. Trading will resume in about 30 min. So much for predicting the future…

The actual tweet can be found below.

a 2nd attempt on quick sync worked. (we always try multiple ways in parallel). System is back online. You can cancel orders now. Trading will resume in about 30 min. So much for predicting the future…

— CZ Binance (@cz_binance) October 19, 2018

Trading to Resume at 09:30 UTC

The team has since issued the following announcement stating that trading will resume at 09:30 UTC.

Fellow Binancians,

Binance has completed its system maintenance and we will resume all trading activity at 2018/10/19 09:30 AM (UTC).

From now until the commencement of trading, users will be able to cancel orders, process deposits, withdrawals, and use all other account related functions.

Thanks for your support!

About Binance

The Binance exchange was a result of a successful ICO back in July of last year. The ICO led to the creation of 200 Million Binance Coin (BNB). The funding team and angel investors were allocated 40% and 10% of this amount respectively. The other 100 Million was scheduled for the ICO phase that was open to the public.

The exchange has since emerged to become one of the most successful ICO projects. The exchange is currently ranked first on coinmarketcap in terms of daily trading volume. During the impressive bull run of late last year to early this year, the exchange was handling up to $2 Billion in daily trade volume. That amount has since dropped to current levels of around $800 Million due to the general bear market.

The post BREAKING: Binance is Now Back Online appeared first on Ethereum World News.

Cryptovest
Worst Crypto Assets of 2018 Plunge over 98% from Peak Prices

With altcoins sliding faster than bitcoin, some projects proved to be the worst possible investments in 2018.

Blockchain on Medium
Q & A session with President Sha Episode 20

Breaking: binance is now back online

Where to Find Us

Continue reading on MOAC »

Previous Article

Chinese Crypto Wallet Cobo Raises $13 Million, Eyes Global Expansion

 Next Article

WeChat Image_20181019170327

You might be interested in …

Report: Only ‘7.929 BTC’ Funded Terrorism Since 2015

Coin Center CEO Jerry Brito has said it is “time to assess” cryptocurrency’s exposure to terrorism in light of the US Congress moving to investigate links.

Brito: Community ‘Shouldn’t Be Concerned’ By Congress

Highlighting preliminary findings from the Center for a New American Security (CNAS), which he describes as “by and large excellent,” Brito said the community should learn not to fear scrutiny from regulators.

“News reports today that Congress may soon commission a study assessing the link between terrorism and virtual currencies have generated concern within the cryptocurrency community, but they shouldn’t,” he began.

No one should want cryptocurrency networks to be used to finance terrorism, and an assessment of how they may be used and how to prevent that use should be welcome.

The announcement from Congress comes as bitcoin remains in the headlines globally due to the ongoing ransomware-based cyberattack.

While its perpetrators’ plan to get rich appears to have stalled, the level of disruption caused has nonetheless placed bitcoin at the heart of mainstream internet businesses’ latest headache.

Only ‘Anecdotal Evidence’ Of Crypto Terror Financing

The CNAS meanwhile clearly segregates terrorism from comparatively innocuous cyber attacks of this nature.

“Currently […] there is no more than anecdotal evidence that terrorist groups have used virtual currencies to support themselves,” Brito highlights a remark from the report, which he notes is “very important.”

“…There is time to develop an appropriate response to the possibility,” he continued.

bitcoin value

The possibility remains precisely that, CNAS confirms, with the overwhelming choice among organized terrorist groups and even individuals regarding funds transfer still being the “legacy financial system,” as Brito describes it.

“They still find it possible to circumvent global rules governing terrorist financing with suficient (sic) ease and frequency that using VCs is unnecessary,” the report continues.

They exploit incomplete implementation of regulatory requirements and global standards at banks, use unlicensed and undersupervised (sic) money services businesses (MSBs), or simply cart around cash.

A timeline supplied in the CNAS report highlighting “selected” incidents of terrorist financing only produces 7.929 BTC as a total from 2015 – 2017.

This, a commentator responded, is less even than “the cost of commissioning” the report itself.

//platform.twitter.com/widgets.js

Congress Commission Will Not Surprise

In terms of regulation, Brito considers the Congressional findings will likely “reach the same conclusions” as CNAS regarding regulatory next moves. These revolve around taking a measured approach to financial innovation without overwhelming “compliance burdens.”

“Financial policymakers should consider how to actively support beneficial financial technology development, particularly when it can bring virtual currency and new payment technology platforms successfully into the regulated financial sphere,” he quotes the report.

The international community has traditionally been at odds over the ‘real’ extent of cryptocurrency penetration among terrorist actors.

The ostensible need to guard against terrorism has formed grounds for regulatory moves from sources such as the European Union, whose plans to link cryptocurrency wallets to holders’ names in a database is still causing controversy.

What do you think about Jerry Brito’s angle on cryptocurrency in terrorism? Let us know in the comments below!

Images courtesy of coincenter.org, Shutterstock

The post Report: Only ‘7.929 BTC’ Funded Terrorism Since 2015 appeared first on Bitcoinist.com.

Close Menu