The scalability trilemma continues to dog blockchain economies, according to the latest Binance Research. Ethereum, while clinging to the crown as the dominant token economy, is facing stiff competition from a range of scrappy competitors. And you’ll never guess which blockchain Binance researchers consider to be a top contender. The report, titled “The World of...Read More
Binance, a cryptocurrency exchange, encountered a KYC Leak in August 2019 which had affected around 60000 accounts. Security and investigation team has announced on 23rd August 2019 that hacked accounts will be provided VIP status i.e. preferential trading fees, support, and more services. The company has asked affected users to apply for new identification (KYC)...Read More
AWS Tokyo services faced a temporary outage due to the overheating of part of chassis in the machine room on Friday. The recovery of AWS services in Tokyo is already in progress but not fully resolved yet. This had caused a price instability at some cryptocurrency exchanges in many of the Asian countries. Correspondingly, Binance,...Read More
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance,...Read More
Binance, a global cryptocurrency exchange, has decided to add MVL Token(MVL) on the exchange platform as per an announcement. The MVL/BNB trading will be opened at 2019/08/23 9:00 AM (UTC) on Binance desktop as well as mobile platforms. If you have ERC-20 version of MVL, you can swap to BEP-2 via this link. MVL is...Read More
Recently it was reported that there was a technical problem affecting withdrawals. But the Cryptocurrency Exchange Binance has confirmed user funds are not at risk. Changpeng Zhao, CEO of Binance exchange, claimed that the situation was being resolved on Aug. 23, while funds security was not compromised. CZ explained that the issues was centered on...Read More
One of the leading cryptocurrency exchange, Binance has enabled OCO order types (One Cancels the Other) to the web trading interface. PC and App clients will have the OCO order type enabled at a later date. Basically, OCO is a pair of orders combining a stop-limit order and a limit maker order on the same...Read More
Binance, a Cryptocurrency Exchange, has now added Stellar Lumens(XLM) Bitcoin Cash ABC (BCHABC) to its trade margin. New Margin Pairs are BCHABC/BTC, BCHABC/USDT, XLM/BTC, XLM/USDT. To avoid transaction delays, Binance has updated its list which has excited the Crypto market. Trading will be open from 22/8/2019 on the Binance desktop as well as mobile platforms....Read More
Changpeng Zhao CZ, CEO of the world’s largest cryptocurrency exchange Binance, said that blockchain scalability is “a largely solved problem for new blockchain projects.” However, his views did not sit well with Ethereum co-founder Vitalik Buterin who strongly disagreed with him. Zhao delivered his comment on the 21st of August 2019. This was in response...Read More
One of the leading Cryptocurrency exchange Binance announced to adjust the daily interest rate for borrowing USDT to 0.0275% from the previous rate 0.0225%, starting from 2019/08/22 0:00 AM (UTC). The platform also mentioned that after the above time, all existing borrowed USDT balances will have the daily interest rate automatically updated. Previously, on August...Read More
Cryptocurrency exchange Binance has announced that its iOS app is now live. Binance’s app first appeared on the App Store in October 2018, but it was summarily taken off in May 2019. In a blog post published on August 19, 2019, the exchange revealed that the Binance iOS app (V1.7.1) is now one again live on...Read More
Over the last 5 days, Bitcoin has bounced off the 0.382 Fibonacci level as mentioned in my previous analysis. Since then price levels have risen sharply testing resistance just shy of $11,000. An influx of new volume could propel price levels to $12,000 next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD,...Read More
iFinex, the company behind Bitfinex, is under more pressure after the New York State Supreme Court judged that the exchange was in the New York Attorney-General’s (NYAG) Office’s jurisdiction. But that isn’t getting in the way of business: yesterday, Bitfinex completed its burn of nearly 40,000 LEO tokens (US$53,600), as part of a continuous process...Read More
Photo: Cere Network Binance Labs, together with a row of other prominent financials, including Fenbushi Capital, Neo Global Capital, Arrington XRP, is investing $3.5 million in blockchain-focused Customer Relationship Management (CRM) startup, anticipating to unite enterprise giant names onto the Binance Chain and intensify enterprise blockchain acceptance. So far Cere Network, a former participant of...Read More
The Binance iOS App (V1.7.1) is back on Apple Store, being inaccessible for Apple users for about a month. Binance CEO Changpeng ‘CZ’ Zhao announced the news on Twitter on 19th Aug. He states that “listing the exchange’s app on Apple Store” was a difficult process. Binance App was delisted from App store from May...Read More
Binance’s iOS app returned to the Apple app store today. The largest cryptocurrency exchange by volume, Binance’s iOS app has returned after a month’s hiatus. A company posting announced the return today following an announcement on Twitter Friday by Binance CEO Changpeng ‘CZ’ Zhao. According to Zhao, listing the exchange’s app was a difficult process:...Read More
Many deem Binance’s newly announced Venus stablecoin project as a competitor to Facebook’s Libra crypto. But Binance’s CZ says otherwise. | Source: (i) REUTERS / Darrin Zammit Lupi (ii) Shutterstock: Edited by CCN By CCN Markets: Binance has announced today its Venus stablecoin project that many deem as a competitor to Facebook’s upcoming Libra crypto....Read More
Binance has unveiled a new stablecoin issuance platform that will allow governments and companies to develop and deploy their own asset-backed tokens, which can be pegged to any fiat currency. Dubbed ‘Venus,’ the new platform is an open blockchain project that provides the tools to create a stablecoin on Binance Chain, the native blockchain of...Read More
The Venus project announced by Binance earlier on Monday plans to create stablecoins and other virtual assets backed by fiat currencies around the world. Top cryptocurrency exchange Binance announced they’re planning to initiate an open blockchain project dubbed Venus. The project is presented as an initiative made in order to develop localized stablecoins and digital...Read More
The world’s most dominant cryptocurrency exchange, Binance, is not satisfied with being the best in the industry. It literally wants to own it as Facebook has done with social media. The latest ambitions from the Malta based company include a localized stablecoin initiative that will rival Libra.Facebook in the Firing LineNot only has Facebook had...Read More
Binance, the world’s largest crypto exchange, announced it plans to launch a digital currency ‘Venus’ to outcompete Facebook’s Libra. The exchange said it is looking forward to forming new partnerships with tech giants, corporations, governments, and crypto startups to serve the unbanked, promote low-fee money transfers worldwide, and reshape the world’s financial system. The company...Read More
Cryptocurrency exchange Binance has announced that it’s launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world. Dubbed Venus, the “localized” stablecoin initiative will see the firm utilize its existing infrastructure, such as its public blockchain, Binance Chain, and international payment system, “to empower developed and developing countries to...Read More
One of the leading cryptocurrency exchanges Binance, announced to launch a cryptocurrency project “Venus”. The platform claims that it is an initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. Binance is also seeking to create new partnerships with governments, corporations, technology companies, and other cryptocurrency companies and projects...Read More
Hong Kong and Argentina pay through the nose for Bitcoin, Binance could be back in the U.S. within months and Barclays cuts ties with Coinbase in the U.K. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights,...Read More
Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the “Dumbest Crypto Tweet Award” for shilling Binance Coin.| Source: Reuters By CCN Markets: Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the Dumbest Crypto Tweet Award after he shared a story touting the popularity of Binance Coin, his...Read More
Rupiah Token, on the event of Indonesian 74th Independence Day, announced IDRTB to be introduced on Binance Chain. With this, IDRTB will be the first ever non-USD Asian Currency to be listed on Binance Chain. In addition, they plan to introduce IDRTB as a currency exchange pair on Binance DEX. After the launch of IDRT...Read More
Binance Jersey’s Twitter account was hacked by an anonymous twitter user called @LightningNetwo9. According to tweets posted on Binance Jersey by the hacker, the hacker is a security researcher claiming to operate with altruistic motivations. The hacking was confirmed via Binance Jersey’s telegram account. The hacker claims he could have used the successful hack to...Read More
While Coinbase is still the place many Americans go for their first cryptocurrency purchase, another crypto exchange has them backpedalling. As the Malta-based exchange Binance continues its rise to the top, Coinbase is making moves to ensure they don’t become “Yahoo!” to Binance’s “Google.” The San Francisco-based platform just announced that they’re looking to add...Read More
