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Posts Tagged ‘Binance’

Crypto Community Largely Approves of Binance Acquiring CoinMarketCap

Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. In this regard, Binance — the world’s largest cryptocurrency exchange — has recently reached an agreement to acquire CoinMarketCap, one of the…

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Binance Shelters Against Job Losses During Global Pandemic

While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees. Binance, the world’s largest cryptocurrency exchange, has just announced that it is seeking to hire more than 100…

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Binance Donated $2.4M in Coronavirus Medical Supplies; CZ Pledges More

Binance says it’s pouring millions into the global fight against the coronavirus. In an ask-me-anything (AMA) Friday, CEO Changpeng Zhao said his exchange has committed at least $2.4 million in crypto to buy sorely needed COVID-19 medical supplies and plans to donate up to $2 million more through its philanthropic arm, the Binance Charity Foundation…

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Binance Korean Cloud Exchange Adds Zero-Fee Trading

The leading crypto exchange quietly dropped the news that it was entering the South Korean market with Binance KR earlier this week. Not only will this be the first exchange to run on the Cloud but it will be zero-fee as well. Binance KR to Leverage Core Functionalities When Binance announced the launch of Binance…

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CoinMarketCap Opens Up On the Binance Acquisition

Executives of CoinMarketCap have released an open letter discussing the Binance acquisition. In it, soon-to-be CEO Carylyne Chan seeks to reassure users that the website will remain independent, and will put greater efforts into offering more services. New Chief Executive Officer Addresses User Concerns The reportedly $400 million purchase came as a surprise to the…

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Bitcoin Whale Sends 5,500 BTC to Binance Worth $33.8M

Twitter bot Whale Alert reported that 5,500 Bitcoin was moved from an unknown wallet to Binance, prompting fears that the transaction might lead to a significant drop in BTC price. $33.8M Worth of BTC Moved from Unknown Wallet to Binance On March 29, about $33.8 million worth of Bitcoin left an unknown wallet to reach…

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Binance Removes FTX Tokens Citing Confusion

Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product. “Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs,” the exchange announced on March…

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Binance to Open Office in Shanghai – Yes, Really

It looks as if Binance has gone ahead and achieved the impossible. In a landmark move, CEO Changpeng Zhao (CZ) announced that Binance Academy will officially set up an office in Shanghai. Binance reaches ‘Milestone’ with Office in Shanghai Taking to Twitter today, CZ applauded the achievement of the Binance Academy team. They were able…

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Brave Partners With Binance to Develop In-Browser Crypto Trading

Privacy-focused browser Brave Software is hoping to facilitate in-browser cryptocurrency trading, though it’s not quite ready yet. Brave announced Tuesday it was partnering with Binance to develop an in-browser crypto trading tool which will ultimately let users deposit, swap, purchase and trade crypto right from Brave Browser’s launch and new tab windows. There, a natively-integrated…

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Binance Distributes ‘HIVE’ Tokens, Ignores Cease and Desist Order

Despite Hive Blockchain Technologies Ltd. requesting a cease and desist order to stop using its name, Binance has gone ahead and completed the distribution of ‘HIVE’ crypto tokens anyway. Binance Carries on Regardless with ‘HIVE’ Binance announced on its blog a little over an hour ago that the hard fork of the Steem blockchain initiated…

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