Tagged: binance

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 3, 2020 @ 12:17 am By Omar Faridi  |  

Brian Kerr, CEO at Kava Labs, notes during an interview with Alexandre Raffin at GAINS Associates that Cosmos’ value proposition is that “if you make a blockchain and it has a similar consensus mechanism to another blockchain …[then by using] … the inter-blockhain communication protocol… 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 28, 2020 @ 9:10 pm By Omar Faridi  |  

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

May 23, 2020 @ 1:05 pm By Omar Faridi  |  

New York-based SMC Capital, a VC firm focused on blockchain technology, and Estonia’s bigX, a Fintech firm that provides a crypto-fiat exchange, have co-published an extensive report on initial exchange offerings (IEOs). IEOs came after initial coin offerings (ICOs), which are a type of crowdfunding… Read More

May 19, 2020 @ 3:01 pm By Omar Faridi  |  

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

May 19, 2020 @ 12:00 pm By JD Alois  |  

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

May 12, 2020 @ 8:43 am By Omar Faridi  |  

Binance.US, the leading cryptocurrency exchange company’s US-based division, has introduced an over-the-counter (OTC) digital asset trading desk. The new OTC option is only available for trades valued at $10,000 or more. OTC crypto trades are negotiated directly between the buyer and the seller. They don’t… Read More

May 1, 2020 @ 9:17 am By JD Alois  |  

May is here meaning spring is emerging for parts of the world. For all of the world, it also means that Bitcoin is on the cusp of the next Halving (or the Halvening). The Bitcoin Halving takes place every four years. This is when the… Read More

April 27, 2020 @ 10:17 am By JD Alois  |  

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

April 27, 2020 @ 10:05 am By JD Alois  |  

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

April 23, 2020 @ 1:46 pm By Samantha Hurst  |  

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

April 18, 2020 @ 4:16 pm By Omar Faridi  |  

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

April 14, 2020 @ 5:17 pm By JD Alois  |  

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

April 13, 2020 @ 2:12 pm By Samantha Hurst  |  

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

April 13, 2020 @ 9:19 am By Samantha Hurst  |  

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

April 6, 2020 @ 1:06 pm By JD Alois  |  

Two law firms, Roche Cyrulnik Freedman and Selendy & Gay, have jointly filed 11 class actions against well-known crypto exchanges. The lawsuits also include accusations of “manipulative conduct” by Bitmex. The allegations were filed in the Southern District of New York against four crypto exchanges… Read More

April 2, 2020 @ 9:15 am By JD Alois  |  

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

March 31, 2020 @ 9:01 am By JD Alois  |  

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

March 30, 2020 @ 10:36 pm By Omar Faridi  |  

Algorand (ALGO), a proof-of-stake (PoS)-based blockchain network, has released a global survey which will be used to compile information into a database. The survey will collect information on the current status, spread, and symptoms of the coronavirus (COVID-19). On March 27, 2020, Algorand’s developers noted… Read More