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Binance Announces Discontinuation of BTT Airdrop for TRX Holders

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

Kava Labs DeFi Lending Platform Goes Live with Binance Coin (BNB) Collateral Support, USDX Stablecoin Loans

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

Crypto Exchange WazirX’s CEO Nischal Shetty Claims Government Agencies in India are Taking More Interest in Blockchcain and Digital Assets

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

Binance to Reportedly Launch its Stablecoin BUSD on Harmony Protocol’s Blockchain Network

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

Binance-owned CoinMarketCap Updates its Cryptocurrency Pair Rankings System

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

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

Binance USD (BUSD) Stablecoin Added to KyberSwap Exchange and other dApps based on Kyber Network

BUSD (Binance USD), a stablecoin pegged 1:1 with the US dollar, will be accessible via the KyberSwap exchange and other decentralized applications (dApps) and platforms that are based on the Kyber Network, a widely-used on-chain liquidity protocol in the decentralized finance (DeFi) space. BUSD has… Read More

Binance Registers New Domain Name with Chinese Government, Three Other Seemingly Related Firms Also Registered, Public Records Show

Leading multinational digital asset exchange Binance has reportedly registered a new domain name with the government in China. Public records show that the Chinese Ministry of Industry and Information Technology has approved Binance’s requested domain name (binance.cn). The approval was granted in April 2020. Records… Read More

Binance.US CEO Catherine Coley: Speed & Fees Will Help Us Compete

Last summer, Binance, the largest digital asset exchange in the world, announced a partnership with “BAM Trading Services” to launch crypto trading services for users in the United States. That same week, Binance updated its terms of service to exclude “any U.S. person.” Binance explained:… Read More

Binance Makes Mining Easy with New Mining Pool Option

Crypto exchange Binance has launched “Binance Pool,” a mining platform that is described as being dedicated to the development of the global crypto mining industry and empowering miners. Binance Pool is integrated into the growing Binance ecosystem, allowing users access to its suite of derivatives products… Read More

BUSD: Binance Partners with BitPay on Stablecoin Payments

Crypto exchange Binance has partnered with BitPay, a provider of blockchain payment services, to “drive adoption of Binance’s stablecoin, BUSD. According to a note from Binance, BitPay will enable merchants to accept BUSD around the world. Support for BUSD in the BitPay wallet goes live… Read More

Binance Introduces Africa-Focused Social Payments App For Cash & Crypto

Cryptocurrency exchange Binance announced on Thursday the launch of the Africa-focused social payments app for cash and crypto, Bundle. Binance reported that Bundle, which was founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or… Read More

Binance Is Planning to Develop an Ethereum (ETH) Compatible Blockchain, called Binance Smart Chain

Leading digital currency exchange Binance is planning to launch an Ethereum (ETH) network compatible blockchain. The new distributed ledger technology (DLT) platform will use the exchange’s native BNB native token as a base currency. Referred to as “Binance Smart Chain” (BSC), the new DLT-enabled network… Read More

VC Firm Draper Goren Holm Partners with Binance Charity Foundation

Draper Goren Holm, a blockchain and Fintech venture firm, has partnered with the Binance Charity Foundation in the #CryptoAgainstCOVID alliance to help support workers and keep local communities safe amidst the COVID-19 pandemic. Draper Goren Holm says that by joining the coalition, Binance will match… Read More

Binance.US Set to Launch Staking Rewards For Tezos

Just weeks after Binance listed Tezos (XTZ) on its U.S.-based division Binance.US, the cryptocurrency exchange announced Binance.US will be launching staking rewards for Tezos on Thursday, April 16th.  As previously reported, Binance.US is supporting trading for the XTZ/USD and XTZ/Binance USD (BUSD) trading pairs and… Read More

Binance Announces Launch of Option Trading on Mobile App

Cryptocurrency exchange Binance announced on Monday the official launch of the Binance Options trading. According to Binance, the new options trading feature is currently only available on the latest version of the Binance mobile app. Binance stated that Option is a financial instrument that allows… Read More

It’s Official: Binance Buys CoinMarketCap for Undisclosed Amount

Binance has officially announced its acquisition of CoinMarketCap. It was reported earlier this week that an announcement of the purchase was pending. The rumored purchase price placed the acquisition at around $400 million making it one of the biggest crypto-focused acquisitions to date. Binance did not… Read More

Binance to Acquire CoinMarketCap for $400 Million: Report

Zhao Changpeng

Crypto exchange Binance is acquiring CoinMarketCap for up to $400 million, according to a report by the Block. People familiar with the pending transaction said the deal was due to CoinMarketCap’s ability to drive traffic and thus potentially boost utilization of Binance. CoinMarketCap was founded… Read More

Brave, the Developer of a Blockchain-based Privacy Browser, Partners Binance to Enable Crypto Trading During Web Surfing

Brave, the developer of a blockchain-powered Internet browser, has teamed up with leading crypto exchange Binance, in order to allow users to trade digital assets through its newly designed tab page. The Brave browser is an open-source project that’s based on Chromium, which is also… Read More

Digital Asset Exchange Binance Introduces P2P Crypto Trading Options with Five Major Latin American Fiat Currencies

Digital asset exchange Binance has introduced peer-to-peer (P2P) cryptocurrency trading options which support five major Latin American fiat currencies. Traders that use Binance’s P2P exchange will be able to purchase and sell digital currencies directly with the Argentine peso (ARS), Brazilian real (BRL), Colombian peso… Read More

Cryptocurrency Exchange Binance to List Tezos (XTZ) on Binance.US, to Support Trades with Binance USD, and US Dollars

Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has announced that Binance.US, the trading platform’s US-based division, will begin listing Tezos (XTZ) on March 16, 2020 at 9:00 AM EST. As mentioned on the exchange operator’s official website, Binance.US will support trading for… Read More

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