The difference in ICP rates across multiple crypto exchanges was as high as $2,500 at one point. Traders valued Internet Computer (ICP) at $630 in its debut on Coinbase on Monday. On Binance, however, the dollar bids for the token surged to as high as $3,093 as of Tuesday. Meanwhile, HitBTC reported ICP at a…
Read more
There’s a new dog in town, and it’s wasting no time in marking its territory. Shiba Inu (SHIB) was listed on three different cryptocurrency exchanges in the past 48 hours after an explosive 966% surge in the same time frame sent the token to 18th in the market capitalization rankings. Self-described as the “Dogecoin Killer,”…
Read more
While Binance Smart Chain expands its footprint, hacks on DeFi protocols housed on the network increase hand in hand. Binance Smart Chain, or BSC, was launched in September 2020 as a parallel blockchain to Binance Chain. It enabled the creation of smart contracts and a staking mechanism for the native token of both blockchains, Binance…
Read more
Changpeng Zhao says the crypto faithful are in it for tech compared to gain chasers looking for the next “moon-shot gem.” Binance CEO Changpeng Zhao has commented on the volatility of Bitcoin (BTC), stating that the largest crypto by market capitalization is probably less volatile than the stock prices of similarly-sized companies by market capitalization…
Read more
Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations. Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the…
Read more
Quantstamp, Status Research, Civic Technologies, HDR Global Trading and Kaydex are off the hook, after five securities related lawsuits were dismissed in New York Courts earlier this week. Five proposed class-action lawsuits against crypto firms have been voluntarily dismissed without prejudice in New York federal courts — without costs or attorney fees to any party.…
Read more
The exchange has failed to publish relevant accompanying documents along with its recently launched stock tokens. Binance’s attempts to bridge traditional markets with the cryptocurrency space in the form of fractionalized stock tokens has drawn the attention of Germany’s financial regulator. The Federal Financial Supervisory Authority (BaFin) warned on Wednesday that the world’s largest cryptocurrency…
Read more
The exchange will offer up to 3% cashback in the form of cryptocurrency for users of its upcoming Mastercard credit card. New York cryptocurrency exchange Gemini announced on Tuesday the pending release of the Gemini Credit Card, which will allow cryptocurrency holders to spend crypto and receive cashback rewards in the form of Bitcoin (BTC)…
Read more
Launching in June, Binance’s new NFT platform and marketplace will share the same account system as Binance.com. Binance, the world’s largest cryptocurrency exchange, is entering the nonfungible token industry by introducing its own NFT platform and marketplace. The company announced Monday the upcoming launch of Binance NFT, a new NFT platform that is expected to…
Read more
Shortly after the exchange launched stock token trading, German and British financial regulators are reportedly looking into whether the offering complies with securities laws. Cryptocurrency exchange Binance’s latest product — digital stock tokens representing fractions of equity shares like Tesla and Coinbase — is reportedly being studied by European and British regulators over its possible…
Read more
