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Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network. Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps). Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Coinbase is a digital currency exchange and wallet service that allows individuals to buy, sell, and store digital currencies, such as Bitcoin, Ethereum, and Litecoin. Clayton refused to explicitly contest the actions of his successor, Gary Gensler. Ethereum’s roadmap to maturity: tackling Layer-2 scaling, wallet security, and privacy challenges head-on. The DOJ alleged the Russian nationals set up a virtual asset platform, BTC-E, from the proceeds of their Mt. Gox hack. U.S. regulatory pressure has led to an increased demand from Coinbase users who want to withdraw their staked Ethereum.