Tag: Binance

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Ukrainian government sponsors educational web show about cryptocurrencies

The course teaches citizens the basic concepts and ideals of cryptocurrencies. The Ukrainian Ministry of Digital Transformation released a web series to educate citizens about cryptocurrencies, blockchain and Bitcoin (BTC). The show premiered on Wednesday and was developed in collaboration with Binance, Hacken and Crystal Blockchain as part of the Ukrainian government’s “Diia.Digital Education” program.…
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Binance trading volume tops all-time high with $37B in a day

Trading volume on the world’s most popular crypto exchange has surged following a rally of the top three tokens. With Bitcoin within $1,000 of its all-time high price of $19,891 set in December 2017, trading on major crypto exchange Binance is also hitting new heights with more than $37 billion in volume in the last…
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Stretched thin? Wrapped Bitcoin assets may encourage supply crisis

WBTC, BTCB, and other wrapped Bitcoin implementations may contribute to a BTC supply shortage looming on the horizon In a blog post of Friday, Binance re-introduced BTCB to the world — a wrapped Bitcoin asset intended to bring liquidity from the world’s largest cryptocurrency, BTC, to Binance Smart Chain’s DeFi (decentralized finance) ecosystem.  However, hodlers…
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Law Decoded: Green lights of the SEC, black flags of Binance, Nov. 13–20

Libel laws and new faces at the U.S. securities regulator lead the week’s news. Editor’s no Amid a political news cycle that has been stuck in a nauseating loop, covering crypto is often refreshing. Partisan forces have yet to dig out the trenches. A lot of the current task is just getting working definitions in…
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Binance hires Trump lawyer who helped put Gawker Media out of business

Celebrity attorney with extensive Hollywood and political connections will appear in battle with Forbes In a lawsuit filed today in the U.S. District Court of New Jersey, Binance alleged that an article published by Forbes was defamatory and caused “millions of dollars” in damages. While there are already questions forming around the merits of the…
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Binance files US lawsuit against Forbes and two cryptocurrency journalists

Cryptocurrency exchange alleges “millions of dollars” in losses as a result of what it describes as a “false and misleading” article. Binance has filed a lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, alleging that an article published under the title Leaked…
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DeFi is here to stay despite signs of a bubble, says Binance CEO

Cryptocurrencies like Bitcoin are the best form of money, Binance’s CEO says. Changpeng Zhao, the CEO of the world’s largest cryptocurrency exchange Binance, said that decentralized finance is here to stay despite many DeFi projects showing signs of being in a bubble. In a Nov. 17 interview with Russia’s news agency RBC, Zhao argued that…
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Binance launches Ethereum Mining Pool with 0.5% fees

Binance users can now sign up to mine Ether as well as Bitcoin via the exchange’s mining pool. After  its Bitcoin () mining pool in April, crypto exchange Binance has now launched an in-house mining pool for the market’s largest altcoin by market cap, Ether (). For the first month, between Nov. 12 and Dec. 12,…
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CZ: Binance traders find ‘intelligent’ ways to circumvent US block

CZ admits it’s not always easy weeding out US traders from the global Binance exchange. Binance founder and CEO Changpeng Zhao, or CZ, says he needs to do more to block “intelligent” US traders from illegally accessing his global exchange.  In an interview with Bloomberg, CZ said his exchange needs to be “smarter about the…
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Binance.US adds North Carolina, now services more than 80% of US

Eligible residents of North Carolina can now register to use the Binance.US digital asset marketplace. The United States arm of major crypto exchange Binance is making its services available to North Carolina residents. Binance.US opened registration to U.S. users in September 2019, but excluded the residents of 13 states due to local laws. It has…
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