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Archivo del Autor: Belen De Leon

Catch Binance CEO Changpeng Zhao at TechCrunch’s blockchain event on July 6

Changpeng Zhao, CEO of Binance — the world’s largest crypto exchange — is the newest addition who will join us for TC Sessions: Blockchain, TechCrunch’s first event dedicated to blockchain technology, which takes place July 6 in Zug, Switzerland.

The event will bring together the startup/business world and blockchain community to explore the potential of the blockchain, where it is now, and much more. The location is Zug — the Swiss city know as “Crypto Valley” for its plethora of startups and forward-thinking governance — and our speaker list already includes standout names such as Ethereum creator Vitalik Buterin, Coinbase CTO Balaji Srinivasan, and Hyperledger’s Brian Behlendorf.

Tickets are available now priced at 495 Swiss Francs, or around $500 — just head here. Don’t miss it!

Zhao, known as CZ, started Binance in July 2017 and it has enjoyed a meteoric rise. The exchange processes over $3 billion in crypto trades per day, which makes it the world’s largest by some margin, according to CoinMarketCap.com. Binance’s own token (BNB) is currently trading at over $14 — that’s up from an initial ICO price of around $0.10 and it gives it a total market cap of $1.6 billion.

Even in real-world financial times, Binance is huge. The company recorded a profit of around $150 million during its most recent quarter of business despite being less than a year ago.

Zhao himself started out in the world of financial trading, creating a company called Fusion Systems which enabled high-frequency trades for brokers. He got into crypto when he joined wallet app Blockchain.info, before moving on to Chinese exchange OkCoin for a stint as CTO. Spotting an opportunity for a new exchange, he exited to start Binance last year, raising $15 million in July to kick the project off.

There’s been controversy — including rumors of high listing fees and a legal spat with VC firm Sequoia — but Binance is the top dog and it remains the exchange that every crypto firm aspires to list on.

It is also pushing out overseas beyond Hong Kong. Binance has explored the global potential of crypto by moving its exchange to Malta, a country keen to woo blockchain giants, and inking deals to hire large numbers of staff in Uganda, Togo and Bermuda. It looks like that is just scratching the service for what Binance has planned.

“I could retire now and I’d be ok for a few lifetimes, but we are doing something I think is very meaningful,” Zhao, who ranks third on Forbes’ crypto rich list with an estimated worth of $1.1-$2 billion, told TechCrunch in an interview earlier this year.

Blockchain is the most disruptive new development in the technology space today, and we’re excited to host our first show that is solely dedicated to the blockchain. The event takes place in the Swiss city of Zug — widely known as “Crypto Valley” due to its sizable number of crypto companies and a progressive approach to regulation — and it will bring together top figures from the blockchain space, developer community and business and startup worlds.

Prominent speakers confirmed for the July 6 event include:

  • Vitalik Buterin, creator of Ethereum
  • Balaji Srinivasan, Coinbase CTO
  • Roham Gharegozlou, the founder of smash-hit blockchain game CryptoKitties
  • Brian Behlendorf, executive director of the Hyperledger Project
  • Leanne Kemp, founder and CEO of Everledger
  • Jun Hasegawa, CEO and founder of Omise and OmiseGo
  • Mona El Isa, CEO and co-founder of Melonport
  • Colin Hanna, associate at Balderton Capital
  • Galia Benartzi, co-founder and head of Business Development at Bancor
  • Gert Sylvest, co-founder of Tradeshift and GM of Tradeshift Frontiers

You can get your hands on tickets now — they’re priced at 495 Swiss Francs, or around $500 — from the event website here.


If you’re interested in sponsoring the event, please contact us via this link.

Note: The author owns a small amount of cryptocurrency. Enough to gain an understanding, not enough to change a life.


Source: TechCrunch

God of War has a really cool Avengers: Infinity War Easter egg – CNET

Are powerful gloves that can hold magical stones of interest to you?
Source: CNET

Guardians of the Galaxy 3 starts shooting next year, says Chris Pratt – CNET

The film is scheduled for a 2020 release, after the next Avengers and Spider-Man movies.
Source: CNET

NASA successfully tests a new nuclear reactor for space – CNET

NASA wants to use the mini fission nuclear reactor called Kilopower in space to help future astronauts have longer missions to planets.
Source: CNET

Criminals' drone swarm used to obstruct FBI hostage raid – CNET

Unmanned aircraft harassed and surveilled agents during a crisis situation, a bureau representative says at a conference on unmanned technologies.
Source: CNET

YouTube will livestream Will Smith bungee jumping from a helicopter – CNET

Oh, the helicopter will be flying over the Grand Canyon too.
Source: CNET

Tesla's Elon Musk Threatens to Become a Liability

After the CEO attacked analysts for asking hard questions about Tesla’s finances, investors might be wary of Musk’s role in the company’s future.
Source: Wired

Pandora shares up 8% after surprise earnings beat

Pandora’s quarterly earnings report was music to investor’s ears.

The digital radio platform reported a better-than-expected first quarter report after the bell on Thursday, sending shares up 8% in after-hours trading.

Wall Street liked that the company showed a sizable increase in subscriber revenue, posting $104.7 million, a 63% increase from last year. Pandora has 5.63 million paid listeners, up 19% from the same timeframe in 2017.

By contrast, Apple Music says it has 40 million subscribers and Spotify has 75 million, so Pandora is a distant third in terms of paid users.

But the competition is already reflected in Pandora’s stock price. It closed Thursday at $5.75, which is up a buck for the past month. It’s also substantially beneath the $37 per share that the stock was trading at in 2014. Its market cap is currently $1.45 billion.

In addition to subscribers, Pandora makes money from its unpaid users via ads. The company had 72.3 million active listeners, bringing in $319.2 million in revenue. Analysts had expected $304.3 million.

Its adjusted loss per share was 27 cents, well above the negative 38 cents that Wall Street forecast.

“Pandora is exactly where we want to be: at the center of a growing market with huge potential,” said Roger Lynch, CEO of Pandora, in a statement.

 

 

 


Source: TechCrunch

YouTube has 1.8 billion users logged in and watching every month – CNET

YouTube doesn’t have a playbook for operating at such scale, CEO Susan Wojcicki said, but the company is committed to being “on the right side of history.”
Source: CNET

Former Senator Al Franken says Facebook has gotten too big video – CNET

In his first speech since stepping down from the Senate, Franken blasts Facebook for being too lax with users’ information.
Source: CNET

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