Archives

May 11, 2019 @ 11:07 am By Cali Haan  |  

Changpeng Zhao, CEO of Binance, one of the world’s largest cryptocurrency trading platforms, has issued a blog post stating the business is working hard to tighten security after hackers stole 7070 Bitcoins (worth ~$44 million USD) from an exchange hot wallet earlier this week. Zhao… Read More

May 9, 2019 @ 4:22 pm By Cali Haan  |  

Changpeng Zhao, CEO and founder of Binance, the world’s largest cryptocurrency exchange, stirred controversy this week when he suggested that colluding Bitcoin miners could “roll-back” Bitcoin’s data records and recover $41 million USD in bitcoins hacked from Binance this week. Zhao made the comments in… Read More

May 8, 2019 @ 3:13 pm By JD Alois  |  

Schadenfreude? Binance, the largest crypto exchange in the world, suffered a humbling hack where a hot wallet was compromised and criminals absconded with a mere $40 million. Other exchanges and crypto insiders have been quick to comment on the ignominious event. Julie Plavnik, CBDO at… Read More

May 8, 2019 @ 12:18 pm By Cali Haan  |  

Hackers breached a single hot wallet at Binance this week and made off with $40.7 million USD in Bitcoins. This is according to the “Binance Security Breach Update” posted May 7th on the Binance website: “We have discovered a large scale security breach today, May 7,… Read More

April 23, 2019 @ 8:10 am By Samantha Hurst  |  

Binance, the world’s largest cryptocurrency exchange by volume, has officially launched its services in Singapore. According to TechCrunch, the launch of the service comes just six months after the crypto exchange received an investment from Vertex, a VC firm that is backed by Singapore-based sovereign… Read More

April 11, 2019 @ 1:52 pm By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Thursday it has formed a new partnership with blockchain security company CipherTrace to further enhance the exchange’s robust anti-money laundering (AML) compliance program. Binance reported that CipherTrace will raise its platform’s compliance standards in line with a worldwide progression of… Read More

April 5, 2019 @ 8:52 pm By Samantha Hurst  |  

Cryptocurrency exchange Binance announced earlier this week it opened trading for NANO/USDT, OMG/USDT and OMG/BNB trading pairs on its platform. As previously reported, Binance is a blockchain ecosystem comprised of Exchange, Labs, Launchpad, Info, Academy, Trust Wallet, and Blockchain Charity Foundation (BCF). “Binance Exchange is… Read More

March 21, 2019 @ 1:56 pm By JD Alois  |  

Announced during the Security Token Summit in Bermuda this week, tribeOS said its “digital security offering” FIRE has received regulatory approval under Bermuda’s young ICO Act (2018). tribeOS is described as a blockchain-based digital advertising marketplace designed to help advertisers and publishers run secure, fraud-free… Read More

February 4, 2019 @ 9:26 am By JD Alois  |  

The Foundation for Interwallet Operability (FIO) and FIO Protocol, an inter-wallet operability protocol that makes it easier to move tokens and coins, has announced that Trust Wallet, the official mobile wallet of cryptocurrency exchange Binance, has joined the Foundation. Trust Wallet was acquired by Binance… Read More

October 18, 2018 @ 3:16 am By Erin Hobey  |  

Chainalysis, a cryptocurrency compliance and investigation solutions provider, has completed a global roll-out of its compliance solution with Binance, the world’s largest cryptocurrency exchange by trade volume, to help address the challenges at the intersection of cryptocurrencies, regulators and traditional financial institutions. “Cryptocurrency businesses of… Read More

October 15, 2018 @ 10:46 pm By Cali Haan  |  

Binance, the world’s largest cryptocurrency exchange by volume, announced this morning that it has begun accepting registrations at its Binance Uganda exchange. “Users are now able to complete full account verification in the User Center after logging in,” says a company announcement regarding the launch…. Read More

October 9, 2018 @ 7:38 am By Erin Hobey  |  

Yesterday, one of the world’s largest cryptocurrency exchanges, Binance, announced that the platform would donate all listing fees to charity indicating that the change would increase the use of Blockchain for greater good. The company did not provide specifics as to how the charities would be… Read More

October 8, 2018 @ 9:20 am By JD Alois  |  

One of the world’s largest cryptocurrency exchanges, Binance, has announced it will now donate all listing fees to charity. In a letter from the Binance team posted on its site, the exchange stated: “Binance will make a change to our listing fee policy. Starting immediately,… Read More

September 4, 2018 @ 10:59 am By JD Alois  |  

Binance, one of the largest cryptocurrency exchanges in operation, has announced the winners of the Binance Dexathon, a competition designed to solve the speed and capacity issues faced by decentralized exchanges (DEX). Binance says it is currently capable of processing over 1.4 million orders per… Read More

August 14, 2018 @ 11:30 am By Cali Haan  |  

The CEO of one of the world’s fastest-growing cryptocurrency exchanges, Binance, has shot back against an accuser on Twitter who claimed last week that Binance asked for 400 bitcoins (worth about $2.5 million USD) to list a small coin on the exchange. The accusations were… Read More

August 14, 2018 @ 11:21 am By JD Alois  |  

Binance, one of the largest cryptocurrency exchanges in operation, has launched the Binance Academy to further education about crypto and blockchain. The service is said to provide “free resources to the next generation of blockchain enthusiasts.” The academy is an open-access platform that “will tackle… Read More

August 10, 2018 @ 2:46 pm By Cali Haan  |  

The Twitterverse was aflutter over the past two days after the founder of a forked version of Ethereum called “Expanse” claimed the Binance crypto exchange asked him to pay 400 bitcoins (worth about $2.5 million) to list his crypto token there. Subsequent tweets by Franko… Read More

July 12, 2018 @ 10:05 am By JD Alois  |  

Binance, one of largest cryptocurrency exchanges in the world, has announced an investment in Founders Bank based in Malta. Several months back, Binance famously migrated operations from Asia to Malta – an important coup for the “blockchain island.” Malta has enacted legislation designed to encourage blockchain… Read More

June 10, 2018 @ 11:41 am By JD Alois  |  

SingularityNET, a company seeking to create a blockchain based marketplace for artificial intelligence (AI) solutions, has had its cryptocurrency listed on the Binance exchange. The “AGI” Token powers the SingularityNET platform with the goal of making access to AI algorithms more open and democratic. The listing… Read More

April 30, 2018 @ 9:29 pm By JD Alois  |  

Late week, Bermuda advanced legislation to regulate cryptocurrency and initial coin offerings. The country, like some others, sees opportunity in creating a regulated environment that encourages crypto companies to establish operations and invest. Around the same time, Binance, one of the largest cryptocurrency exchanges in… Read More