binance

Binance Completes 10th BNB Burn: Profits Almost As Much As In 2017 Bull Run

Leading cryptocurrency exchange Binance has completed its Q4 2019 burn of the Binance coin (BNB). It was the 10th quarterly token burn the exchange has done since the launch of the BNB in July 2017.  The event, which took place during the weekend, saw a total of 2.2 million BNB worth more than $38 million...
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Storing Crypto on a Centralized Exchange Is Safer for Most, Says Binance CEO

Binance CEO Changpeng Zhao advocated for storing your crypto on a centralized exchange after Peter Schiff lost access to his bitcoin holdings. | Credit: Reuters/Darrin Zammit Lupi Changpeng Zhao advocated for storing your crypto assets on a trusted centralized exchange after Peter Schiff lost access to his BTC holdings. Last year, Binance was hacked but...
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Binance Adds Fiat-to-Cryptocurrency P2P Trading For The Vietnamese Dong (VND)

Binance, currently being the leading cryptocurrency exchange, continues to expand and add new features for its users. Starting today, the venue would allow direct fiat-to-crypto trading for the Vietnamese Dong (VND). Binance Adds P2P VND Trading Binance is the world’s leading cryptocurrency exchange by means of the daily trading volume. More importantly, they are continually...
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Ethereum Classic Skyrockets Over 100% with a Dash of Binance Leverage

Ethereum classic is the latest altcoin to go bananas this month. | Source: mk1one/Shutterstock.com The ethereum classic price (ETC) rallied 40% over the last 24 hours. ETC has more than doubled this week. ETC is now a top 10 cryptocurrency by market cap. An ETC futures product that launched this week catalyzed the price action....
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New on Binance: FTX 3x Long and Short Tokens of Bitcoin & Ethereum

Binance will list a new set of FTX leveraged tokens that will allow users to open 3x long or short positions for Bitcoin and Ethereum. This comes less than a month after the Maltese-based exchange made a strategic partnership with the derivatives exchange, FTX. Binance Lists New Type Of Leveraged Tokens The leading cryptocurrency exchange...
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Huobi Sees $79 Million Positive Daily Inflows Amid Turbulent Bitcoin Price Movements

During yesterday’s turbulent price movements, most cryptocurrency exchanges recorded notable 24-hour Bitcoin on-chain flows. The Chinese-based Huobi stands above all in terms of inflow with $157M and only $78M out. Huobi’s Impressive 24H Inflows The popular monitoring resource, TokenAnalyst, examined the 24-hour Bitcoin on-chain inflows and outflows of eight of the most popular cryptocurrency exchanges....
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Binance Charity Project Donates $1 Million to Aid Australian Bushfire Cause

Binance has announced the launch of a fundraiser to help remedy the damage caused by the Australian bushfires.  Binance to the Rescue The project is led by the Binance Charity Foundation, the philanthropic subsidiary of the exchange giant. Binance is donating $1 million worth of its BNB tokens as an initial boost to the project....
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As Australia Burns, Binance Donates $1 Million Worth Of BNB

Australia is in severe pain as massive bushfires spread across the country with a staggering 10 million hectares of land consumed by the ferocious flames, leaving at least 2500 buildings destroyed and 25 people and 500 million animals dead. Binance To Help With Australia’s Distress Many institutions and people from around the world, including foreign...
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Binance Launches XRP/USDT Perpetual Swap

Cryptocurrency exchange Binance announced the introduction of leveraged perpetual swap contracts. Price surged 8 percent a few hours before the official announcement, raising suspicion from the community. XRP Derivatives Gaining Traction Perpetual swap contracts for XRP have been popping up on more and more exchanges in the last few months. The launch of Binance’s XRP/USDT...
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3 Reasons Why XRP is Climbing Right Now

Ripple’s XRP is booming at the start of the new year, suddenly spiking by 8% on January 6. In the past few days, the coin started showing signs of a revival, and has now returned to $0.21. Futures Market Announcement Boosts Price Performance XRP has been pressured by its protracted slide, and has fallen almost...
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Binance Stablecoin Receives NYDFS Approval

According to a recent announcement by one of the world’s largest crypto exchanges, Binance, its USD-backed stablecoin was just approved by the New York State Department of Financial Services. One of the world’s largest crypto exchanges by trading volume, Binance, has been making headlines on a regular basis for the last three years. The exchange...
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Binance Delists USDC Trading Pairs To Enhance Liquidity

The Malta-based, Binance exchange makes the best efforts to choose high-quality coins and improve user trading experience. In a bid to improve liquidity further, the Binance exchange has decided to remove USDC trading pairs that are not widely used. A blog post announced this delisting. The pairs to be delisted are ALGO/USDC, FTM/USDC, ONT/USDC, XLM/USDC, USDS/USDC....
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Crypto Fundraising Is Changing Again in 2020

Funding is a prerequisite for any new crypto project, but with IEOs likely to play a reduced role in 2020, where will the all-important capital come from? While minted entities like Ripple, Tezos, and Tron certainly have the means to plow tens of millions into their chosen ventures, they can’t be expected to finance an...
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Binance US Joins Chamber Of Digital Commerce As Executive Member

The US Subsidiary of Binance has become a member of the Executive Committee of the  Chamber of Digital Commerce. The aim of this incorporation is to work closely with policymakers, regulatory agencies, and industry peers. Further, the exchange claims to bring education, advocacy, and industry-wide regulatory development forward with the Chamber.  Binance US is part...
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Malta-based Binance Exchange Opens New Year With a Bang

Binance enters the Year 2020 with a new feather in its hat. The malta-based exchange on Jan 3, 2020, added Euro trading pairs to the platform. The trading pairs are BTC/EUR, ETH/EUR, BNB/EUR, XRP/EUR, EUR/BUSD, and EUR/USDT.  Binance also has plans to support 180+ fiat currencies in 2020. In a New Year welcoming blog post,...
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Binance Among Google Thailand Top Ten Searches In 2019 Tweets CZ

Binance, the Malta-based cryptocurrency exchange, is gaining a major fan following in the Thailand region. The exchange founder Changpeng Zhao took to Twitter to announce the news. The tweet says that Binance is ranked 7th on Google Thailand Top Ten Searched 2019. Among general topics like tasting, shopping, use; election results 2019, etc, the search...
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The Biggest FUD and FOMO Moments in Crypto 2019

The crypto industry, Bitcoin, blockchain, and any of its varieties is driven primarily by hype and speculation as the emerging technologies underlying each asset are often too new or unproven to yet provide a realistic valuation.Due to this, the constant ebb and flow of FUD and FOMO often dictate market movements and turn major losers...
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Hedera Hashgraph Nodes Shut Down Without Warning, HBAR Dumping Continues

Hedera Hashgraph, one of the prominent new projects for 2019, is in trouble again. Nodes have shut down without warning, suggesting the network may be more centralized than previously thought. The community noted 4 out of 10 council nodes shut down, signaling centralization. The closing of this number of nodes also practically turns Hedera Hashgraph...
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Binance US Opens Beta Testing To One & All

US Subsidiary of Binance had earlier opened Beta testing for mainly developers to test the iOS apps. The latest update regarding this testing is that the exchange will release the apps to the general public for testing. The exchange with assistance from TestFlight has set up a testing environment easily accessible to any user. The...
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Wazirx CEO on 2020 Outlook, RBI Ban, Crypto Regulation for India

The Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian crypto industry could expect in the year 2020 and a wide range...
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Binance Coin Gains 150% as Per Annual Crypto Returns Report

The native coin of the Binance exchange has some interesting numbers in its kitty. The BNB is up by 148.4% in 2019 as per Coingecko data. Also, the Binance coin has gained 35702.5% since its All-time low in Oct 2017. BNB has seen activity throughout the year as Binance Exchange is updating and welcoming new...
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As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted

Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw his bitcoin because the exchange told him he used the mixing...
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5 Biggest Crypto Exchange Hacks of 2019

2019 saw a number of large crypto exchange hacks, resulting in millions of dollars stolen per attack. Here are 5 of the biggest breaches in the last 12 months. While cryptocurrencies are well-known for increased security — mostly thanks to the decentralized nature of their underlying technology — the same cannot be said for crypto...
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Binance Diversifies & Opens New Turkish Lira Trading Pairs

Binance exchange has yet added a new feather in its cap. The Malta-based exchange has listed a new Fiat support to the exchange. The Binance customers can now buy cryptos using the Turkish Lira (TRY). The Binance exchange had recently added EUR, NGN, RUB and many fiat support. With the earlier announcement, the trading pairs...
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Top 5 Crazy Crypto Events of 2019

2019 was marked by numerous events in the crypto industry, some of which could be considered quite significant and major fails. With 2019 being only 6 days away from its conclusion, it might be interesting to take a look back on this year, and see which events related to the crypto industry may stand out....
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A Bitcoin War Is Brewing Over KYC

Every year, Bitcoin faces a new foe intent on crippling it by undermining the foundations it was built upon. From mining cartels to developer disputes, Bitcoin has faced a barrage of threats over the past decade. When it’s not internecine conflict taking its toll, it’s external forces including politicians and regulators seeking to exert control....
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Getting In and Out of the Cryptocurrency Economy Can Be Costly

Since bitcoin and digital currencies have become popular, fiat on and off-ramps have sprung up that allow investors to enter and exit the cryptoconomy. However, many of the entryways into cryptocurrency markets have a hefty fee between 1-4% of the overall purchase and in order to obtain fiat for crypto the fees are just as...
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Binance to Give Away Tesla Cybertruck In Xmas TROY Promotion

Cryptocurrency exchange, Binance, has announced a Christmas ‘Give Away’ of a Tesla Cybertruck and $50k of TROY tokens. Of course, ‘Give Away’ might be a slightly misleading description, as receiving the truck will require a shed-load of TROY trading (and trading fee spending) on Binance. Binance Give Away: Terms And Conditions Apply Binance announced its Christmas...
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Binance Blocks BTC Withdrawal From Wasabi Wallet

The Bitcoin users who use the privacy tool Coinjoin to add anonymity to their transactions are now facing a major wake-up call. In the latest cryptocurrency news, we can see that Binance returns the funds that it froze in the withdrawal.An ongoing Twitter debate which started on December 19 showed that a user by the...
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Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020

12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual contracts, and a matching engine capable of handling 100,000 tps,...
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