Changpeng Zhao (CZ), the CEO of the world’s biggest cryptocurrency exchange, Binance, has revealed that he has a personal stash of bitcoin in his investment portfolio. CZ Bought Bitcoin in 2014 Speaking in a recent interview with the Associated Press, CZ noted that although a significant percentage of his net worth is made up of...Read More
Binance believes the future of crypto needs to be user-focused. Amidst mounting regulations, the CZ-led cryptocurrency exchange has published a list of what it considers to be the basic rights for every digital asset user. Beyond the hype of Bitcoin (BTC) and Dogecoin (DOGE), Binance stated that there is more to the cryptocurrency sector. Its...Read More
Leading cryptocurrency exchange BinanceUS has recently appointed one of Uber’s former top players – Brian Shroder– as president of the company and as a board member. This comes following numerous hints from Changpeng Zhao that the US branch of the leading crypto exchange could become the latest publicly traded company from the digital asset space....Read More
Changpeng Zhao – Founder and Chief Executive Officer of Binance – said the US arm of the cryptocurrency exchange could follow Coinbase and have an initial public offering in the next 36 months. In a recent interview with The Information, the head of Binance – Changpeng Zhao – revealed that Binance.US – the company’s affiliate...Read More
By partnering with a German-based investment firm and Switzerland’s Digital Assets AG, Binance will introduce zero commission tradable stock tokens. Each new coin will represent one share of equity stock and will be fully backed by a depository portfolio of underlying securities. The first such token will be Tesla. Binance Launches Commission-Free Tradable Stock Tokens...Read More
Binance has hired two former executives from world-renowned regulatory organizations – Rick McDonell and Josee Nadeau. The popular crypto exchange aims to enhance its AML and CFT endeavors and develop more robust relationships with law enforcement bodies worldwide. The Malta-based crypto exchange announced the latest hirings in a press release shared with CryptoPotato. Rick McDonell...Read More
The world’s leading crypto exchange, Binance, is purportedly being investigated by the US Commodity Futures Trading Commission for allowing residents to trade derivatives without the necessary registration. Although Binance CEO CZ called the development “FUD,” the crypto market reacted with a sudden price drop. Citing people familiar with the matter, Bloomberg reported the CFTC had...Read More
While the $1.5 billion bitcoin purchase from Tesla caught most crypto insiders and outsiders by surprise, Binance CEO Changpeng Zhao actually predicted the move over a month ago. Simultaneously, full-time BTC basher Peter Schiff was wrong (again) as he said that Elon Musk would not be “dumb enough” for such a move. CZ Was Wright...Read More
What started as a joke coin has turned into a frenzy endorsed by the world’s richest man Elon Musk, the Winklevoss twins, Snoop Dogg, and numerous others. However, some crypto proponents have highlighted the risks and dangers of this Dogecoin interaction as the token’s market capitalization has exceeded $10 billion. Pro-Dogecoiners Led By Musk The...Read More
After another day that reminded of the volatility in the cryptocurrency market, Binance has experienced technical difficulties that resulted in temporarily halting withdrawals. Nevertheless, the leading exchange reassured its customers that all funds are safe and later announced it had resolved the problem. CryptoPotato reported earlier that BTC, as well as most alternative coins, skyrocketed...Read More
The leading cryptocurrency asset manager, Grayscale Investments, has donated $1 million to the non-profit think tank focused on public privacy in the crypto ecosystem – Coin Center. Additionally, Grayscale has vowed to match every other donation up to $1 million through February 2021. Grayscale Donates $1M To Coin Center Based in Washington, DC, Coin Center...Read More
The crypto trading giant has set a new all-time high in 24-trading volume, exceeding $80 billion on both the spot and derivatives platforms. In total, more than $180 billion has been traded across the entire crypto market in the last 24 hours as of press time. Binance Trading Volume Records New ATH Tweeting on Monday...Read More
The world’s leading cryptocurrency exchange Binance has launched a “European-style” Vanilla Bitcoin Options contracts priced and settled in Tether (USDT) aimed at institutional and advanced investors. European-style BTC Options on Binance The Malta-based cryptocurrency exchange announced the latest addition to its portfolio of digital asset products in a press release shared with CryptoPotato. The announcement...Read More
Binance and Coinbase, two of the leading cryptocurrency exchanges, experienced technical issues in the past few hours, and users were unable to log in. The problems coincided with bitcoin breaking into uncharted territory above $20,000 for the first time. Bitcoin’s Surge Causes Issues On Binance and Coinbase As CryptoPotato reported earlier today, the primary cryptocurrency...Read More
The leading cryptocurrency exchange Binance has expanded its partnership with the blockchain-based provider of sports and entertainment entities, Chiliz. The first direct result of this will be the distribution of Juventus and PSG Fan Tokens through Binance Launchpool. Binance Doubles-Down On Chiliz The Malta-based giant trading venue announced the new endeavor in a press release...Read More
The giant online payment processor announced yesterday that all “eligible PayPal account holders in the US can now buy, hold, and sell cryptocurrency directly with PayPal.” The update of the original statement reads that users can interact with digital assets from their PayPal application or through their desktop accounts. The cryptocurrency community remains split in...Read More
Binance is the world’s largest cryptocurrency exchange by means of daily trading volumes. In the few short years since its launch, the venue went on to become a leading company in the industry. In fact, launching coins up for trade on the exchange has created the so-called “Binance Effect.” In short, when a cryptocurrency is...Read More
Ever since Facebook announced its plans to create a digital payment currency dubbed Libra, central bankers have tried to counter it with an invention of their own. While Libra is facing regulatory troubles, a BIS report indicated that over 80% of the world’s central banks are currently developing a central bank digital currency (CBDC). The...Read More
One of the most popular cryptocurrency exchanges, OKEx, suspended withdrawals earlier today, which led to lots of confusion within the community and price slumps for the market. CryptoPotato reached out to OKEx personnel, including CEO Jay Hao, to shed some light on the entire situation. In the original statement, OKEx reasoned that the withdrawal suspension...Read More
For a number of years, CoinMarketCap (CMC) has been the industry’s premier analytics website for data on the top tokens and exchanges. There were a number of competitors but CMC was still the chosen source despite major discrepancies in the data it published. CEO of the FTX derivatives exchange and Alameda Research, Sam Bankman-Fried (SBF)...Read More
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
