Crypto security expert Harry Denley has done it again. The antiphishing professional, in association with Binance, helped a victim get back $10,000 worth of lost cryptocurrency. Previously ‘Helping Harry’ had recovered $4000 worth of stolen crypto funds for a user. Fake MetaMask and Uniswap UI Used for Stealing Crypto In his latest blog article, Harry...Read More
The Syscoin Foundation announced that the Syscoin Ethereum Bridge would be used and explored by the stablecoin of the world’s largest exchange, Binance (BUSD). Per the agreement, BUSD will be available on Syscoin’s network. The stablecoin, issued by Binance and Paxos, pegged 1:1 with the US Dollar, is approved and regulated by the New York...Read More
According to a recent report, three US-based cryptocurrency exchanges, namely Gemini, Coinbase, and Kraken, remain the platforms with the highest-ranking during Q2 2020. The paper also added that only 15% of exchanges claimed that they store more than 95% of their digital asset holdings in cold wallets. Top-Rated Cryptocurrency Exchanges In its July report analyzing...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
After revealing its plans to enter the cryptocurrency debit card segment last week, Binance has officially debuted its Binance Card for users based in the United Kingdom and European countries, the blockchain behemoth told CryptoPotato on Tuesday. According to the release, the debit card allows holders to make crypto payments at more than 60 million...Read More
BitTorrent Inc users can now purchase goods and memberships on the platform with the USD-backed stablecoin of the leading cryptocurrency exchange Binance – BUSD. BUSD And BNB Changes On BitTorrent In a press release shared with CryptoPotato earlier today, the popular decentralized peer-to-peer company announced the introduction of the newest cryptocurrency asset on its platform...Read More
Following the latest impressive pump in the price of Dogecoin, largely attributed to the influx of TikTok-inspired traders, two major exchanges have added perpetual futures contracts for the coin. This allows users to essentially short DOGE with very high leverage. Dogecoin Receives The Spotlight As CryptoPotato reported yesterday, Dogecoin surged by over 100% in less...Read More
Binance Futures traders held more open positions in June compared to May, even though trading volumes declined month-on-month. Open interest on Binance Futures rose 180% in June compared to May, from 220 million USDT to 580 million USDT. Binance concluded that this might anticipate an increase in Bitcoin volatility. Traders Held More Open Positions in...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
Brazil’s CVM Says no to Binance Futures Trading: In a statement released on Monday, the Comissão de Valores Mobiliários (CVM) — Brazil’s securities regulator — announced the ban on Binance crypto derivatives trading in the country. According to the CVM, Binance is not authorized to offer securities trading in Brazil. For the CVM, crypto derivatives constitute...Read More
Binance, the world’s largest cryptocurrency exchange, has announced its plans to roll out a COMP/USDT Perpetual Contract. This is coming barely two weeks after the COMP governance token was launched by DeFi largest protocol, Compound Finance. Trading COMP With 50x Leverage Starting tomorrow, Tuesday, June 30 at 09:00 AM (UTC), Binance Futures traders will be...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
According to a recent report, the majority of all mined bitcoins are held by long-term investors, while only 19% is utilized for trading. Although professional traders are roughly only 4% of the market, they are largely responsible for significant price developments, the research added. BTC HODLers On The Rise The cryptocurrency monitoring company Chainalysis recently...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
Cryptocurrency derivatives trading volume reached a new monthly all-time high in May 2020, surpassing the previous record recorded in March, recent research indicates. Volumes on regulated exchanges such as CME soared as well for both futures and options trading. Crypto Derivatives Monthly Volume ATH According to the report by CryptoCompare, the monthly trading volume of...Read More
Bitcoin investors have been transferring their assets outside of specific exchanges lately, new data shows. Ultimately, the BTC balance on platforms has reached its lowest point in over a year by decreasing with more than 320,000 coins since Black Thursday. Bitcoin HODLers Mentality On The Rise During the notorious Black Thursday event in March, when...Read More
The blockchain video streaming network Theta Labs announced today that Google Cloud had joined its Enterprise Validator Program (EVP). Interestingly, this partnership coincides with Theta’s Mainnet 2.0 launch scheduled to take place also today. Google Cloud And Theta Labs Per the announcement, the tech giant has become the newest member of Theta’s Enterprise Validator Program....Read More
Zilliqa (ZIL) gained almost 35% in the past 24 hours, marking a delayed reaction for a coin, which was subject to some increased attention over the previous weekend. First, cryptocurrency exchange Binance announced it would be listing a ZIL/BUSD trading pair on Friday, May 22. Then, Zilliqa received a begrudged mention from Ethereum co-founder Vitalik...Read More
The leading cryptocurrency exchange by trading volume and users, Binance, will support the upcoming launch of Theta mainnet 2.0 on May 27th. With the impending release of the network upgrade, the two native cryptocurrencies Theta and Theta Fuel have skyrocketed over the past month. Binance To Support Theta Mainnet 2.0 Launch Per the Binance announcement...Read More
The ongoing drama involving the Steem project is seemingly not coming to an end just yet. Binance’s involvement in this entire matter is also raising a lot of eyebrows, and may hurt the company’s reputation in the long run. It is evident that Steem underwent yet another hard fork. Binance Gets its Share of Steem...Read More
Bitcoin kissed the $10K mark goodbye this week as the cryptocurrency dropped to as low as $8,800 on Thursday, reaching the trend-line that was forming since the massive drop in March. As expected, BTC received strong support in that area, and its price quickly recovered to around $9,200, where it’s currently trading. The dump started...Read More
The growing interest towards staking has pushed the blockchain-based project Harmony to begin implementing it as well. Interestingly, another popular project which had its IEO on Binance Launchpad, namely MATIC Network, also recently elaborated on its staking service developments. Harmony Will Support Staking Harmony utilized the Binance Launchpad to have its IEO nearly a year...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
Leading cryptocurrency exchange Binance is rolling out new leverage products called “Binance Leverage Tokens (BLVT),” two months after delisting FTX’s Leveraged Tokens. Binance Leveraged Tokens – BTCUP and BTCDOWN Leveraged tokens are designed to give traders exposure to the crypto markets without the nitty-gritty that comes with managing a leveraged position. Launching this week, the...Read More
To this day, no one really knows where the world’s largest cryptocurrency exchange is headquartered. If Binance CEO Changpeng Zhao has any say in the matter, it will remain like that for quite some time to come. There are many questions as to where Binance’s official offices are located exactly. The Binance Mystery Deepens The...Read More
In the cryptocurrency world, several exchanges have lost money for a wide variety of reasons. Upbit lost 342,000 Ether in 2019, yet it seems some of the funds may be cashed out fairly soon. It is not uncommon for crypto exchanges to be hacked or drained. Upbit Funds Moves to Binance Although one would expect...Read More
Binance, the world’s leading cryptocurrency exchange, is going through a scheduled system upgrade tomorrow. As it’s the largest exchange in the market, this might open a window for external players to move the prices more easily. Binance To Undergo Scheduled Maintenance Binance is the world’s leading cryptocurrency exchange, and it is scheduled to undergo a...Read More
In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious. The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading. Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins. The Bitcoin...Read More
