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
Binance, the world’s leading cryptocurrency exchange, adds peer-to-peer trading for the Russian Ruble (RUB). From today, traders will be able to transact with zero fees on the exchange’s P2P platform. Binance Adds P2P Support For The Russian Ruble In a press release shared with Cryptopotato, Binance, the world’s leading cryptocurrency exchange, announced that it will...Read More
Coin staking is becoming very popular among cryptocurrency investors. One of the reasons for that is because it allows holders to earn passively. Amid stacking pools and wallets, more and more exchanges are jumping on the staking bandwagon as well. The increased interest was recently exemplified in a recent Binance Research report, showing that the...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
The Tron Foundation is printing more TRX but Justin Sun is deflecting responsibility for the hard-cap removal. | Image: YouTube Justin Sun deflected responsibility for the recent TRX hard cap removal onto TRON’s Super Representatives. But an online paper trail shows that Sun and his team were the ones who proposed the change. The change...Read More
The number of active entities holding Bitcoin is continuously growing over the years to the current number of over 23 million, according to a recent report. Cryptocurrency exchanges control 13% of all bitcoins, and Coinbase is the leader with the most considerable stash. The popular blockchain monitoring resource, Glassnode, recently published its new paper regarding...Read More
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...Read More
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...Read More
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...Read More
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....Read More
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...Read More
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....Read More
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....Read More
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...Read More
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...Read More
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...Read More
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...Read More
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....Read More
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...Read More
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...Read More
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,...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
