Tag: Binance

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Binance and Indian Exchange WazirX Announce $50M Blockchain for India Fund

Major crypto exchange Binance and its Indian trading platform WazirX announced a fund aimed at sustaining blockchain development in India. Major crypto exchange Binance and WazirX — the Indian competitor it acquired in November 2019 — have announced a fund aimed at sustaining blockchain development in India. The “Blockchain for India” initiative was announced on…
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Binance.US Will List Tezos Token for Trading on March 16th

The digital asset marketplace will start offering XTZ, in-house cryptocurrency of blockchain project Tezos, for trading on Monday. On March 16th, digital asset marketplace Binance.US will list XTZ, the in-house cryptocurrency of blockchain project Tezos. According to an announcement on Binance’s website, trading for XTZ/USD and XTZ/BUSD trading pairs will be available on Monday, March…
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ETH-Based Developer Crowdfunding Platform Joins Fight Against Coronavirus

Coronavirus relief efforts continue as an Ethereum-based dev crowdfunding platform pledges $50,000 in grants towards public health projects. The proliferation of cryptocurrency companies seeking to donate or raise funds for coronavirus relief efforts continues. Ethereum-based crowdfunding platform, Gitcoin, is advancing this trend by pledging at least $50,000 in development grants toward coronavirus-related initiatives. On March…
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BitMex Insurance Fund Tags ATH, Binance and Deribit Inject Millions

BitMex appears to have emerged from the recent market meltdown stronger than ever, with the exchange’s insurance fund quickly jumping back into all-time highs. The March 13 crypto market meltdown ravaged cryptocurrency companies across the industry, sparking a MakerDAO debt crisis and causing millions to be deployed from the insurance funds of exchanges Binance and…
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Binance to Launch Fiat Support in South Africa, Donate $1M to Blockchain Education

Binance CEO announces launch of forthcoming fiat support for South Africa. Binance CEO Changpeng Zhao has announced that the company will launch a fiat gateway for South African users, allowing them to make Rand deposits. The announcement was made on day one of the Blockchain Africa conference being held in Johannesburg this week. CZ confirmed…
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Binance Doubles ETH Withdraw Fees, Firing Up Crypto Traders

Binance is doubling fees for ETH withdrawals due to high ETH network congestion. Fired-up Crypto traders call the decision robbery. Binance announced in a tweet on March 12 that it is doubling fees for ETH withdrawals. The company cited network congestion as the reason for the decision. The tweet specified:  “To better facilitate ERC20 and…
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Binance Publishes Apology Letter to Steemit Community and Says It Has ‘Unvoted’

Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. In its letter posted on March 10, Binance affirmed…
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Crypto Industry Continues Fight Against Coronavirus With New Contributions

The crypto community continues to help fight the coronavirus, with Binance Charity donating new batches of medical supplies to medical institutions. The crypto community continues to help fight the coronavirus outbreak, with Binance Charity donating new batches of medical supplies to hospitals and disease control command centers. On March 9, Binance Charity announced the completion…
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India’s Crypto Bulls Roadshow Given Full Head of Steam by Ban Repeal

An upcoming Indian crypto roadshow has nearly doubled the number of cities it is visiting following the Supreme Courts repealing of the RBI crypto ban. The Indian Crypto Bulls Roadshow describes itself as a not-for-profit initiative that seeks to educate Indian citizens as to the emerging blockchain and cryptocurrency sectors. The roadshow was originally scheduled…
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‘Altcoin Season May Come Soon:’ Binance Research Report

Binance’s research department suggests that a so-called alt season may be approaching the cryptocurrency market. Binance’s research department suggests that a so-called alt season may be approaching the cryptocurrency market. Reduced Bitcoin trading Binance Research, the market research arm of major cryptocurrency exchange Binance, released a report on Mar. 6 suggesting that the altcoin market…
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