Binance Smart Chain will integrate Chainlink data oracles to add usability to its blockchain, in particular, in the burgeoning DeFi space. Binance Smart Chain — a dual-chain architecture from major crypto exchange Binance — is now integrating Chainlink (LINK) data oracles. Binance Smart Chain adds smart contracts to the exchange’s original chain, Binance Chain, and…
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Binance CEO shed some light on how to judge the success of a project’s token economics. Top cryptocurrency exchange Binance’s CEO revealed his thoughts on token economics to explain how finance in the emerging new crypto industry works. According to Binance’s blog post on July 18, Changpeng “CZ” Zhao pointed out that it makes more…
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A report from Flipside Crypto contends that investors are dumping Compound tokens as soon as it gets listed on exchanges with the majority of the supply held by speculators. A report by Flipside Crypto states that investors are liquidating their Compound (COMP) holdings as soon as the opportunity presents itself; with major exchange listings acting…
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Binance is said to be “operating a recognized market” without authorization from the Malaysian regulator. Top cryptocurrency exchange Binance was added to the Securities Commission Malaysia’s list of unauthorized entities earlier today. According to the regulator, the digital asset trading platform is “operating a recognized market without authorization from the SC”. Malayisan law requires cryptocurrency…
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The Twitter hackers left inconspicuous Bitcoin trails leading to and from major exchanges that should be able to uncover their identities. The hackers who conducted the massive Twitter hijacking on July 15 do not appear to be sophisticated Bitcoin (BTC) users, as they left trails leading to and from major exchanges that presumably hold the…
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Recent events indicate Twitter accounts for Binance, Gemini, Coinbase, Bitfinex, Justin Sun, Charlie Lee and many others have been compromised. A tweet from Binance CEO Changpeng Zhao, also known as CZ, suggests that shady activity is happening over on Binance’s Twitter account. Similar nefarious tweets have popped up on the accounts of Gemini, Coinbase, CoinDesk, Kucoin,…
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1,500% growth in the number of active addresses and a few other key indicators may explain the metric rise of Chainlink’s LINK token in 2020. The price of Chainlink’s LINK token has increased 480% since the beginning of 2020/ These three key metrics may explain its rise. LINK price 2020. Source: Nomics. Is it another…
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Binance CEO’s first beta transactions of Binance Card are powered by recently acquired Swipe. Binance’s CEO has just demonstrated the first use of Binance Card, a cryptocurrency debit card that was first announced by Binance in April 2020. In a July 10 tweet, Binance CEO Changpeng Zhao revealed that he is taking part in Binance…
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Users accuse Binance’s Android app of being spyware for the Chinese government. Twitter users have raised concerns about the possibility of Binance’s Android app containing spyware. This speculation comes after recent revelations suggest that the social video platform, TikTok, contains spyware created by the Chinese government. According to the Twitter user @ShitcoinSherpa, who posted a…
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Binance added support for the new currencies through a partnership with crypto asset and fiat money institutional custodian Etana Custody. Major cryptocurrency exchange Binance has added support for deposits in 15 additional fiat currencies to its platform. According to a July 7 announcement, Binance added support for the United Arab Emirates dirham, Australian dollar, Canadian…
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