December 12, 20182min1475

Binance Tackles Cryptocurrency ‘Misinformation’

Cryptocurrency exchange Binance has launched a collection of educational content comprising almost 500 articles in order to fight “incorrect” and “misleading” information, a press release confirmed Dec. 12.

Binance, which regularly tops the list of the world’s largest exchanges by volume traded, will initially support 15 languages via the project.

The launch and development is a product of Binance Academy, the exchange’s dedicated education arm which itself began operating in August.

“Misinformation spreads extremely fast. People are frequently quoting articles that are either incorrect or are misleading,” Ted Lin, chief growth officer at Binance commented in the release. Lin noted:

“With Binance Academy, our goal is to provide an entirely neutral platform with quality, unbiased, educational information.”

While it remains unknown what specific information will be covered, topics will include blockchain, security and economics, as well as “useful tutorials and guides,” Lin added.

The decision to launch an informational resource comes as even the topic of Bitcoin’s own identity continues to come under the spotlight.

Following the turmoil of the Bitcoin Cash (BCH) hard fork last month, the altcoin’s proponents, notably news and information resource Bitcoin.com, continue to assert that Bitcoin Cash is the “real” Bitcoin, an angle which has earned the publication criticism in the past.

Developing such resources has also become an occupation of various other entities in the cryptocurrency industry and beyond, October seeing a government-endorsed scheme by Gibraltar to develop blockchain education courses.

Ethereum co-founder Joseph Lubin’s ConsenSys — a blockchain startup and incubator — in partnership with online education platform Coursera, along with Oxford University professors, have also put forward separate blockchain educational plans of their own.


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