Tagged: changpeng zhao

November 13, 2020 @ 11:12 am By Omar Faridi  |  

Binance Launchpool, a new project designed to bring the decentralized finance (DeFi) experience to the crypto exchange’s users, has introduced a project, called Unifi Protocol DAO (distributed autonomous organization), which is “a working multi-chain smart-contract based DeFi solution.” As explained by the Binance team, Unifi… Read More

November 8, 2020 @ 10:54 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has noted in its weekly crypto market report that for most of the past week, Bitcoin (BTC) had been trading between the relatively tight $13,300 and $13,900 range. But then, over the span of just 48 hours, the… Read More

September 29, 2020 @ 1:00 pm By Omar Faridi  |  

Binance Launchpool, which is managed by Binance, the world’s largest digital asset exchange, has introduced the Venus Protocol (XVS), which is described as an algorithmic money market system developed “to bring a complete decentralized finance-based lending and credit system” onto Binance Smart Chain (a blockchain… Read More

September 23, 2020 @ 10:28 am By JD Alois  |  

Binance Futures, a crypto derivatives exchange, is reporting $1 trillion in trading volume – year to date. Binance Futures started a year ago in September 2019 and claims title as the market leader. Binance Futures is part of Binance – the world’s largest digital asset… Read More

September 22, 2020 @ 8:17 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has launched what it calls the “Innovation Zone,” which will permit certain users to trade newer cryptocurrency token offerings directly from their Binance account, while protecting “less suited” traders from being exposed to the potential risks that come… Read More

September 11, 2020 @ 1:56 pm By Omar Faridi  |  

Binance, the world’s largest crypto exchange, is launching a $100 million seed fund in order to “empower” emerging initiatives in the decentralized finance (DeFi) space. These DeFi projects will run on the Binance Smart Chain, a new blockchain network launched by the exchange to support… Read More

September 6, 2020 @ 2:07 pm By Omar Faridi  |  

Changpeng Zhao or “CZ”, the CEO at Binance, the world’s largest digital asset exchange, has admitted that the trading platform must list new coins, regardless of whether it’s completely sure of the legitimacy of their business model, in order to remain competitive. Zhao noted: “If… Read More

August 12, 2020 @ 6:18 pm By Omar Faridi  |  

Decentralized or non-custodial crypto exchange (DEX) aggregator 1inch.exchange has reportedly secured $2.8 million in capital via an external investment round that was led by Binance Labs. FTX, Galaxy Digital, Dragonfly Capital, and several other investors also took part in the 1inch’s round. Loi Luu, 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 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 15, 2020 @ 3:08 pm By Omar Faridi  |  

Changpeng Zhao, CEO at Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has revealed that the firm will introduce a fiat gateway for South African digital asset traders, which will allow them to make deposits in Rands. The announcement was made during the… Read More

March 3, 2020 @ 7:02 am By Omar Faridi  |  

Malta-based crypto asset exchange Binance recently revealed that its fiat on-ramp for the Turkish Lira has officially launched.  Binance has teamed up with Akbank, one of the largest banks in Turkey, in order to introduce the new fiat gateway. Binance’s users in Turkey now have… Read More

March 1, 2020 @ 12:31 pm By Omar Faridi  |  

Malta’s financial regulators clarified last week that Binance, the world’s largest digital asset exchange by adjusted trading volume, is not licensed “to operate in the cryptocurrency sphere” within the island nation.  The Malta Financial Services Authority (MFSA) has not yet issued operational licenses to any… Read More

February 23, 2020 @ 5:48 pm By Omar Faridi  |  

The Malta Financial Services Authority (MFSA), the nation’s financial regulator, released a statement on February 21, claiming that it never actually regulated Binance, the world’s largest crypto-asset exchange in terms of adjusted trading volume.  To quote the MFSA: Following a report in a section of… Read More

February 18, 2020 @ 8:48 am By Omar Faridi  |  

Malta-based digital asset exchange Binance’s Singapore division has applied for a new payments license under the city-state’s new Payment Services Act, which became effective on January 28, 2020. Changpeng Zhao, CEO at Binance, the world’s largest crypto-asset exchange in terms of adjusted trading volume, confirmed:… Read More

January 5, 2020 @ 6:45 am By Omar Faridi  |  

Malta-based digital asset exchange Binance has announced that it will be supporting euro (EUR) trading against six major cryptocurrencies, as part of the global platform’s latest fiat-focused expansion. According to Binance’s latest blog post, the exchange enabled trading for EUR pairs at 8am on January… Read More

October 22, 2019 @ 3:02 pm By Omar Faridi  |  

Malta-based digital asset exchange Binance is planning to launch its first fiat-to-cryptocurrency trading pairs. While attending the Open Innovations 2019 conference in Moscow this week, Binance CEO Changpeng “CZ” Zhao said that fiat-to-crypto options would be introduced soon, starting with the Russian ruble. Zhao stated:… Read More

October 11, 2019 @ 1:53 am By Cali Haan  |  

Following a confirmation from CEO Changpeng Zhao (CZ) on Twitter yesterday that the Binance cryptocurrency exchange will soon allow customers to their trading accounts using Alipay and WeChat, Alipay has tweeted to deny Zhao’s announcement, stating: “NO, you cannot…There’re several reports about @Alipay being used for… Read More