After celebrating its first birthday earlier this month, Binance Futures has announced a new milestone. The derivatives trading platform of the leading cryptocurrency exchange Binance has exceeded $1 trillion in trading volume since the start of the year. Binance Futures Reaches $1T Trading Volume YTD Launched a year ago, Binance Futures rapidly started expanding its...Read More
As the DeFi space continues to boom, developers have come up with yet another iteration of a Uniswap-like automated market maker. Zeroing down on the meme-based food token craze, the platform is called BurgerSwap. BUIDL it, and they come. I do not know who built this one, but it’s already live on #BSC. BurgerSwap https://t.co/hsFQCZ8bcq...Read More
On September 12, 2020, CZ, the CEO of Binance, the leading cryptocurrency exchange, shared with his followers an unfortunate accident that led to a client losing $20,000 in the blink of an eye. In a tweet, CZ told the story of a user —whose identity he did not reveal— who sent 800BNB (about $20,000) to...Read More
Binance is willing to go big in the world of DeFi and is investing heavily in promoting its own ecosystem in a clear attempt to take some of the spotlights off Ethereum. During an online panel at The World of DeFi summit, Changpeng Zhao (CZ), the CEO of the world’s largest crypto exchange by trading...Read More
A few days after being hacked and drained for $5.4 million worth of digital assets, the European cryptocurrency exchange Eterbase claimed that it had tracked part of the stolen funds to Binance, Huobi, and HitBTC. The company asked for assistance from those exchanges and reassured its users that Eterbase will endure. $5.4M In Crypto Stolen...Read More
After starting the month of September around the $12k mark, Bitcoin experienced a sharp correction today that crashed it to lows of nearly $1,160 in a matter of hours, erasing the gains of almost five days. Admittedly, a nervousness during the correction was to be expected as several traders adapted their strategies to this sharp...Read More
After a relatively calm weekend without any major price developments and following a retest of the $11,400 support on Friday, Bitcoin slowly recovers. It is currently trading around $11,700. Large-cap altcoins follow Bitcoin as ETH getting closer to $400 once again. After Friday’s crush, this is the day of the low-caps altcoins. Contrasting Altcoin Moves...Read More
Changpeng Zhao, CEO of the world’s most popular crypto asset exchange, Binance, recently posted the milestone, adding that traffic is even higher than when Bitcoin was at a peak at the end of 2017. We are seeing ATH in terms of system traffic. Higher than Dec 2017. Should be interesting to see what happens next....Read More
The leading cryptocurrency data aggregator website CoinMarketCap has launched a new earning initiative for users. Dubbed CoinMarketCap Earn it will enable customers to watch educational videos and complete quizzes about certain digital assets and receive a pre-determined amount of coins as rewards. CMC Earn Is Live The official announcement from the popular data aggregator asserted...Read More
The decentralized exchange aggregator sourcing liquidity from multiple platforms 1inch has raised nearly $3 million in a funding round led by Binance Labs. Other prominent participants in the series include Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, LAUNCHub Ventures, and Divergence Ventures. 1inch Raised $2.8M According to a press release shared with CryptoPotato,...Read More
Bitcoin’s price took a turn for the best over the past couple of days as it breached the coveted $10,000 mark in today’s early hours. Naturally, this brought a lot of excitement in the cryptocurrency community, and a definitive testament of this is the reaction of Arthur Hayes – the CEO of one of the...Read More
Bitcoin maintains its position above the $9,500 level, while some altcoins mark impressive gains. Rumors from Binance CEO CZ about an upcoming DeFi involvement send BNB upwards. At the same time, the US stock market indexes decrease in value a bit while gold broke above the coveted level of $1,900 per ounce. Gains In The...Read More
Chanpeng Zhao, CEO of the leading cryptocurrency exchange Binance, believes that there’s an ongoing altcoin season in the digital asset market. In a recent interview, he also emphasized on Bitcoin’s increased stability, joking that it has become a stablecoin now. CZ Suggests An Altcoin Season During the past several weeks, the altcoin market has boomed...Read More
An ongoing scam is being promoted on Twitter through some of the biggest accounts of major cryptocurrency companies and proponents. These include the world’s leading exchange, Binance, the US-based exchange Coinbase, as well as the account of one of the best-known Bitcoin proponents, AngeloBTC, and even Winklevoss’ Gemini. Ongoing Crypto Scam In the past few...Read More
The leading cryptocurrency exchange Binance officially announced the acquisition of the Visa debit card platform Swipe. Binance has also listed Swipe’s native cryptocurrency (SXP), which registered a massive price boost of 21%. Binance Buys Swipe Following days of speculation, the popular exchange officially announced the acquisition earlier today for an “undisclosed amount.” Binance and Swipe...Read More
Binance is currently the world’s leading cryptocurrency exchange by means of the trading volume. Launched in 2017, the company has managed to become a standard in the industry quickly. Despite its fast phase growing, the giant exchange launched Binance Futures, the cryptocurrency derivatives trading platform of Binance, only in September 2019. Binance Futures allows users...Read More
Changpeng Zhao, the CEO of the world’s leading cryptocurrency exchange, Binance, recently highlighted the importance of anti-addiction notices when trading high-risk products such as options. This comes days after a 20-year old tragically took his life after seeing a $730,000 negative balance on the popular retail trading app Robinhood. A Tragic Story On June 12th,...Read More
Just recently, the world’s leading cryptocurrency exchange, Binance, ventured into mining, launching its Binance Pool. Now, data has it that it’s become the leading miner of Bitcoin SV. Interestingly enough, the exchange delisted BSV back in 2019, following the massive controversy surrounding the popular BSV proponent – Craig Wright. Binance Leads in Bitcoin SV Mining...Read More
The controversy surrounding Binance’s acquisition of the leading cryptocurrency prices aggregator platform CoinMarketCap (CMC) has become more heated due to recent changes made by CMC. Following the update in CoinMarketCap’s exchange ranking algorithm, several major crypto exchanges were stripped of their high rankings to unimaginable positions on the market table. CoinMarketCap is the world’s leading...Read More
The death of George Floyd at the hands of Minneapolis police ignited a series of widespread riots throughout the United States. With more than 25 cities in lockdown, protesters and the police continue their violent clash. People are protesting against supposed police brutality in a manner that’s everything but civil. Stores are being looted, and...Read More
The recently moved 50 bitcoins, which were mined in February 2009, rattled the cryptocurrency community as many members are arguing if Satoshi Nakamoto himself transferred the coins. While these rumors are speculative at best, the address that sent the bitcoins can actually be located in a court document from the notorious Kleiman vs. Craig Wright...Read More
Binance CEO Changpeng Zhao (CZ) claimed in a blog post that all projects within the Binance ecosystem operate independently from each other to some extent. CZ outlined that no person nor entity can affect CoinMarketCap’s new ranking system for exchanges, which placed Binance at the first spot. CZ: CMC Works Independently After Binance acquired the...Read More
Coinbase CEO Brian Armstrong just fell for the oldest trick in the crypto-twitter playbook. When Harry Potter author J.K Rowling made a surprise entrance to the Bitcoin space this weekend, Armstrong attempted to welcome her in. When Rowling apparently made a $100 BTC purchase, Armstrong told her to get over to Coinbase and urged her...Read More
2020 has been a tumultuous year for the cryptocurrency market so far. Starting off great in the first couple of months, prices collapsed mid-March, largely because of fears induced by the spread of the novel coronavirus (COVID-19). In any case, there is one digital currency that seems to be particularly overlooked and that’s Binance Coin...Read More
China has always been in the spotlight when it comes to cryptocurrencies, despite the country’s controversial legislation on the matter. Last year, President Xi Jinping urged for further investments in blockchain-based technology, causing Bitcoin to mark an increase upwards of 40% in less than 24 hours. Now, however, regulations seem to be tightening up, and...Read More
The leading cryptocurrency exchange by volume, Binance, enters a new partnership with Brave Software. As a result, the users of the Brave browser will be able to seamlessly operate with cryptocurrency assets directly through a new on-browser feature called Binance widget. Binance Partners With Brave The two companies announced the collaboration in a press release...Read More
Leading cryptocurrency exchange, Binance has suspended almost all of its services, including trading, withdrawal, and deposits, to conduct unscheduled system maintenance, according to an official announcement from the exchange. The message on Binance, as of writing these lines Binance Futures Not Affected As per the notice, the services that have been paused are “deposits, withdrawals,...Read More
Changpeng Zhao, the CEO of Binance, has confirmed that his company applied for an operating license in Singapore. This comes less than a month since the Asian country introduced a comprehensive regulation for businesses dealing with digital assets. Binance Applies For License in Singapore The largest cryptocurrency exchange by trading volume has applied for an...Read More
The world’s leading cryptocurrency exchange has just announced its intentions to launch the BNB/USDT perpetual contract. This will essentially enable users to short BNB. Up until now, they only had the option to trade BNB on the regular spot exchange. Short BNB With 50X Leverage In what seems to be a very interesting move, Binance...Read More
Even though Peter Schiff’s lost bitcoins saga has been resolved, for now, it continues to attract the attention of the cryptocurrency community. The CEO of Binance, Changpeng Zhao (CZ), recently noted that Schiff helps Bitcoin as his negativism will push people to do the opposite of what Schiff trying to express. CZ On Schiff’s Lost...Read More
