Archives

November 8, 2020 @ 10:54 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has noted in its weekly crypto market report that for most of the past week, Bitcoin (BTC) had been trading between the relatively tight $13,300 and $13,900 range. But then, over the span of just 48 hours, the… Read More

November 4, 2020 @ 9:16 pm By Omar Faridi  |  

Binance Australia recently added Australian Dollar (AUD) deposits through PayID/Osko to the Binance app. Customers in Australia are now able to make deposits in AUD without having to pay any fees. These transactions can be processed through PayID (directly from customers’ Australian bank accounts).  As… Read More

October 10, 2020 @ 2:00 pm By Omar Faridi  |  

  Binance, the world’s largest digital asset exchange, notes that cryptocurrency markets took a major hit in September 2020 as Bitcoin (BTC) and Ethereum (ETH) recorded their first down month since June of this year. Binance also mentioned in its monthly report that despite the… Read More

October 5, 2020 @ 10:45 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has confirmed that it’s been a month since it launched Binance Liquid Swap. The exchange also revealed that the platform is now hosting over $128 million worth of stablecoins, as of October 3, 2020. The Binance team further… Read More

October 3, 2020 @ 5:56 pm By Omar Faridi  |  

AI and machine learning network Fetch.ai confirmed on October 1, 2020, that it’s launching its Random Number Beacon on Binance Smart Chain, which is a blockchain-based network launched by Binance, the world’s largest digital asset exchange. As mentioned in a blog post by Fetch.ai: “Utilizing… Read More

September 29, 2020 @ 1:00 pm By Omar Faridi  |  

Binance Launchpool, which is managed by Binance, the world’s largest digital asset exchange, has introduced the Venus Protocol (XVS), which is described as an algorithmic money market system developed “to bring a complete decentralized finance-based lending and credit system” onto Binance Smart Chain (a blockchain… Read More

September 27, 2020 @ 6:14 pm By Omar Faridi  |  

The recently issued UNI governance token, which is associated with Uniswap, a leading Ethereum token exchange, aims to help Uniswap transition into a “decentralized,” community-managed and owned protocol. However, the exchange protocol’s team hasn’t been completely transparent about how they aim to achieve “decentralization.” Liesl… Read More

September 21, 2020 @ 8:35 pm By Omar Faridi  |  

Binance, the world’s largest cryptocurrency exchange, will be offering Visa Cards in Europe. They will allow users to earn up to 8% cashback. The exchange said that Binance Visa Cardholders will be able to get highly competitive cashback rates, but it’s only offered to consumers… Read More

September 15, 2020 @ 6:06 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, will be offering cryptocurrency futures contracts for Elrond (EGLD), the native token of a “highly” scalable, fast and secure blockchain platform for creating distributed apps; and Sola (SOL), the native digital currency of a “decentralized” social platform developed… Read More

September 13, 2020 @ 6:50 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, recently enabled isolated margin trading for DIA, RSR, and OCEAN. Margin trading involves using borrowed digital assets or other funds from a broker to trade financial assets. In other words, margin is like assets borrowed from a broker… Read More

September 11, 2020 @ 1:56 pm By Omar Faridi  |  

Binance, the world’s largest crypto exchange, is launching a $100 million seed fund in order to “empower” emerging initiatives in the decentralized finance (DeFi) space. These DeFi projects will run on the Binance Smart Chain, a new blockchain network launched by the exchange to support… Read More

September 8, 2020 @ 9:22 am By JD Alois  |  

Stablecoin Binance USD (BUSD) is said to have completed $3.8 billion in total transactions and $2.4 billion issued after just one year of being live and in the wild. BUSD was approved by the New York Department of Financial Services (NYDFS). Created in partnership between… Read More

September 6, 2020 @ 10:30 pm By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Sunday the first project on newly launched Launchpool, which is described as a new product where uses will be able to acquire new token rewards in return for staking BNB, BUSD, and other tokens. The first project to be hosted… Read More

September 4, 2020 @ 7:39 am By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Thursday it is joining Blockchain for Europe, the European membership association. Teana Baker-Taylor, U.K. Director at Binance, has also been appointed to the Board of Blockchain for Europe, alongside Fetch.ai, Ripple, Block.one, and Blockseed Ventures. According to Binance, Blockchain for Europe and its members… Read More

September 1, 2020 @ 10:26 am By Omar Faridi  |  

Five senior management professionals working at Binance-owned CoinMarketCap, the largest cryptocurrency market data site, have left the company. Carylyne Chan, who has been serving as interim CEO at CoinMarketCap, has also resigned. Binance’s management confirmed that they’ll be replacing the former staff members with their… Read More

August 31, 2020 @ 11:07 pm By Omar Faridi  |  

Binance alum Fetch.ai, an established blockchain-focused AI firm launched by former DeepMind investors and developers, has introduced Mettalex, a “decentralized” crypto, and commodities derivatives trading platform. As mentioned in an update shared with Crowdfund Insider: “Working alongside a consortium of steel mills, shipping companies, trading… Read More

August 28, 2020 @ 12:30 pm By Omar Faridi  |  

Binance, the world’s largest crypto exchange in terms of trading volume, is questioning or wondering why we have many small-cap altcoins (alternative coins besides Bitcoin, the flagship digital currency) that are outperforming BTC and other major virtual assets. Binance confirms that Bitcoin surged past the… Read More

August 24, 2020 @ 8:46 am By JD Alois  |  

The Cyberpolice of Ukraine reports that it has exposed a criminal group that laundered approximately $42 million in cryptocurrency. Last week, the law enforcement agency posted that three individuals have been accused of the crime and now face up to 8 years in jail. According… Read More

August 18, 2020 @ 9:47 pm By Omar Faridi  |  

The team at Binance, the world’s largest digital asset exchange, notes that during the past month, the total market cap of Bitcoin (BTC) and other cryptos surged by around $100 billion, as it went from about $270 billion to $370 billion, according to CoinMarketCap data… Read More

August 9, 2020 @ 11:00 pm By Omar Faridi  |  

Kava Labs, a developer of the Kava platform, which is a blockchain solution offering decentralized finance (DeFi) services (including stablecoins, bonds, and lending), revealed on August 8, 2020 that it has teamed up with the BNB investor club (BNB48Club). As confirmed in the announcement: “BNB48… Read More