Tagged: binance

Binance Hack: Is Centralization the Problem? Comments from Xena Exchange and Zebpay

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

Binance, World’s Largest Cryptocurrency Exchange, Hacked for $40.7 Million

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

Binance’s Singapore Cryptocurrency Exchange Goes Live

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

Binance Announces Partnership With CipherTrace

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

Binance Adds NANO/USDT, OMG/USDT & OMG/BNB Trading Pairs on Cryptocurrency Platform

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

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

Binance Announces Entry in Australian Market

Cryptocurrency exchange Binance announced earlier this week its entry in the Australian market with the launch of Binance Lite, a secure platform allowing users to exchange cash for digital currency, as well as the hiring of its first Australian employee and committing its investee TravelbyBit… Read More

tribeOS is First Digital Security Issued Under Bermuda’s ICO Law

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

Binance’s Trust Wallet adds Zcoin Privacy Coin

Binance has added support for Zcoin (XZC), a privacy coin to Trust Wallet. The company said this was part of their ongoing commitment to privacy projects. Trust Wallet is the official wallet of Binance, the largest cryptocurrency exchange in operation. Trust Wallet is a mobile… Read More

Binance Set to Delist CLOAK, MOD, SALT, SUB, & Wings Cryptocurrencies

Cryptocurrency exchange, Binance announced last week it is set to delist a couple cryptocurrencies. Binance reported it periodically reviews each digital asset it lists to ensure that it continues to meet the high level of standard it expects. The platform then explained: “When a coin or token… Read More

Trust Wallet, Official Mobile Wallet of Cryptocurrency Exchange Binance, Joins Foundation for Interwallet Operability

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

Binance Partners With Simplex to Allow Users to Purchase Cryptocurrencies With Credit Cards

Cryptocurrency exchange, Binance announced on Thursday it has teamed up with payment processing company Simplex to enable users to buy cryptocurrencies with their credit cards directly on its platform. Binance reported that through Simplex its users may now use Visa and MasterCard to buy BTC, ETH, and LTC cryptocurrencies. Users… Read More

BitTorrent Accepts TRON, Binance & Bitcoin Cryptocurrencies for Pro & Ads Free Products

BitTorrent, Inc., the company behind P2P communications protocol and products, BitTorrent and µTorrent, announced on Tuesday that customers can pay for its Pro and Ads Free products by using the cryptocurrencies TRON (TRX), Binance (BNB), and Bitcoin (BTC). Founded with a leading peer-to-peer sharing technology standard… Read More

Binance Adds Paxos Standard Token As A Base Currency

Paxos announced that the Paxos Standard token (PAX) will be added as a base currency on cryptocurrency exchange, Binance. When trading commences at 8 a.m. EST on November 29, PAX will have six trading pairs listed on Binance’s USD Markets against BNB, BTC, ETH, XRP,… Read More

Binance Selects Refinitiv to Provide KYC Automation for Crypto Exchange

Refinitiv, formerly the Financial & Risk business division of Thomson Reuters, announced this week it will be providing an automated Know Your Customer (KYC) application to cryptocurrency exchange, Binance. According to Refinitiv, the KYC solution will enable Binance to integrate the advanced functionalities of World-Check into their internal… Read More

Global Trading & Investment Platform eToro Now Offering Binance Coin

Global investment platform, eToro, announced on Monday it has added the Binance Coin (BNB) to its product range.  eToro reported that BNB brings the total number of crypto assets available on its platform to thirteen. eToro also claims to be the first platform to offer… Read More

European Regulation Is on the Way, Crypto Exchanges Had Best Be Prepared

The European Union does not need to seek out any problems for the moment, with the highly publicized ‘divorce’ from the UK taking place in the full media spotlight, but it’s easy to forget that, as things stand, the EU is also taking its approach… Read More

Binance Opts for Chainalysis’ KYC & AML Compliance Solutions: Building Trust

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

As Promised: Binance Opens Fiat-to-Crypto Exchange Platform in Uganda

Zhao Changpeng

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

Crypto Entrepreneurs Mount China’s Rich List

Fourteen cryptocurrency million- and billionaires have made their way onto a list of China’s richest individuals for the first time, says Bitcoin.com. Perhaps predictably, at the very top of “The 2018 Lexus Lexus Huron Rich List,” in spots one to three, appear the entrepreneurs behind… Read More

Binance Funds CertiK, Delists BCN, CHAT, ICN & TRIG and Opens Incubation Program

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

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