Archives

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

July 20, 2020 @ 7:41 am By Omar Faridi  |  

The Securities Commission (SC) of Malaysia, which recently warned residents about facing lengthy prison sentences and fines for operating unlicensed Cryptocurrency ATMs, has specifically mentioned that Binance, the world’s largest digital asset exchange, is not authorized to offer services in the country. The Malaysian SC… Read More

July 14, 2020 @ 9:54 am By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Tuesday the official launch of its Binance Card in Europe and the UK. According to Binance, the card will enable users to convert and spend BTC, BNB, SXP, and BUSD to fiat at more than 60 million merchants across 200… Read More

July 10, 2020 @ 5:02 pm By JD Alois  |  

Zilliqa, an enterprise-level blockchain platform, says it will work with Binance to bring the BUSD stablecoin onto the Zilliqa network. The BUSD stablecoin, issued in partnership with the Paxos Trust Company, is regulated by the New York Department of Financial Services and audited on a… Read More

July 8, 2020 @ 9:22 am By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Tuesday its new fiat gateway that provides deposit service for 15 fiat currencies through a partnership with Etana Custody. According to Binance, Etana Custody Ltd. is a secure, trusted, and high-performance third-party custodian of fiat and digital assets for institutional… Read More

July 6, 2020 @ 7:04 pm By Omar Faridi  |  

Li Jun, the founder of Ontology, a “high-performance” enterprise blockchain platform, recently noted that the Ontology development team has been working cooperatively with Binance and Binance.US on various ONT trading campaigns. The Ontology team members, whose comments came during a recent AMA session which aimed… Read More

June 30, 2020 @ 1:35 pm By Omar Faridi  |  

Binance is reportedly preparing to enter a deal that involves acquiring a majority stake in Swipe.io, a platform for buying, selling and spending cryptocurrencies like Bitcoin (BTC), Ether (ETH), and others via the multi-asset Swipe Wallet and Swipe Visa Debit Card. If the deal goes… Read More

June 29, 2020 @ 7:28 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange that’s now averaging more than $11 billion in global crypto trading volume, claims that it has recently completed its largest system-wide upgrade ever. According to Binance, the major update was finalized on June 28, 2020. Changpeng Zhao (“CZ”),… Read More

June 24, 2020 @ 10:20 am By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Wednesday the launch of its Binance Access, which is a business-to-business (B2B) solution for merchants, vendors, and wallets to integrate a “buy crypto” functionality on their platform. Binance reported that by integrating Binance Access, merchants and vendors are able to… Read More

June 18, 2020 @ 11:25 pm By Omar Faridi  |  

Binance, the world’s largest cryptocurrency exchange that has successfully branched out into digital assets lending, staking, and many other initiatives, has joined the crypto-asset exchange committee at the Internet and Mobile Association of India (IAMAI), which is the leading trade body of digital businesses based… Read More

June 15, 2020 @ 11:13 am By Samantha Hurst  |  

Cryptocurrency exchange Binance announced over the weekend it is discontinuing BTT airdrop for TRX holders. According to Binance, the BTT airdrop program was instituted by the BitTorrent Foundation in early 2019 to provide additional functionalities to TRX holders who can use BTT to improve download… Read More

June 12, 2020 @ 2:37 pm By Omar Faridi  |  

The Kava’s decentralized finance (DeFi) lending platform went live on June 10, 2020.  It features Binance Coin (BNB) collateral, USDX loans, and allows network participants to earn rewards. The Kava Labs team noted: “With this … launch, Kava [aims to] open the doors of DeFi… Read More

June 6, 2020 @ 2:56 pm By Omar Faridi  |  

Nischal Shetty, founder and CEO at WazirX, an Indian cryptocurrency exchange acquired by Binance, claims that government agencies in the country have begun to take more interest in understanding and even helping to grow the nation’s nascent digital asset and blockchain ecosystem. Shetty noted via… Read More

June 1, 2020 @ 4:07 pm By Omar Faridi  |  

Binance, the world’s largest cryptocurrency exchange, will reportedly launch its stablecoin, Binance USD (BUSD) on Harmony protocol’s blockchain network. Stephen Tse, founder at Harmony, noted via Twitter that the launch is “just in time for Harmony’s Binance Launchpad anniversary.”   BREAKING: @binance USD (BUSD) will… Read More

May 31, 2020 @ 11:00 pm By Omar Faridi  |  

Digital asset market data aggregator CoinMarketCap recently revealed that it has introduced a different type of ranking system for cryptocurrency market pairs. CoinMarketCap said it would begin using a new ranking system that takes several factors into consideration. The leading crypto data site operator noted… Read More