Binance

Binance is a leading cryptocurrency exchange with hundreds of millions of users globally and a trading volume of well in the double-digit billions per day. While it’s positioned as the top crypto exchange and a frontrunner in the cryptocurrency world, navigating through its platform can be daunting, especially for beginners. Simple tasks such as depositing […]

On Tuesday (February 28), “CZ,” Co-Founder and CEO of Binance, which is the world’s largest crypto exchange, made an announcement that should delight fans of both crypto and  American international fast food restaurant chain Wendy’s. Binance Pay is a “contactless, borderless and secure cryptocurrency payment technology designed by Binance” that allows Binance users to “shop with […]

Binance users in France can now pay with crypto at retail stores thanks to a new partnership between the world’s largest crypto exchange and Ingenico, a leading provider of in-store payment terminals. According to Ingenico’s press release, this partnership integrates Ingenico’s AXIUM payment terminals with Binance Pay, allowing them to “accept more than 50 cryptocurrencies.” […]

A little-known cryptocurrency that is currently held on the blockchain by just over 7,000 wallets, has seen its price surge after it was listed on leading cryptocurrency exchange Binance’s Innovation Zone. The price of Synapse ($SYN) moved up well over 30% in intraday trading after the Binance listing was announced, but it has since returned […]

Binance Coin (BNB) is a cryptocurrency made by the popular cryptocurrency exchange Binance. What many cryptocurrency investors don’t know is that it’s possible to buy BNB on MetaMask, and interact with decentralized applications on the BNB Chain using the wallet. BNB uses its own set of technical standards: BEP-2, which is the original token for […]

In a recent interview with Real Vision CEO Raoul Pal, Galaxy Digital Founder and CEO Mike Novogratz shared his thoughts on Binance and its CEO (“CZ”). During this interview — which was recorded on 18 January 2023 and premiered on the YouTube channel “Real Vision Crypto” on 27 January 2023 — Novogratz had this to […]

The stablecoin of leading cryptocurrency exchange Binance, $BUSD, has seen its market capitalization plunge by $2 billion after reports of its past mismanagement surfaced, at a time in which Tether’s $USDT has been seeing its market share of the stablecoin space rise. According to available data, BUSD’s circulating supply fell to $15.4 billion this week, […]

Leading cryptocurrency exchange Binance has acknowledged that it mistakenly kept the collateral for some of its B-Tokens, which represent tokenized versions of various cryptocurrencies on the $BNB Chain, in the same wallet as the exchange users’ funds. According to a recently published Bloomberg report, the reserves for nearly half of the 94 Binance-peg tokens that […]

Leading cryptocurrency exchange Binance has announced that its latest quarterly $BNB token burn has seen it destroy more than 2.06 million tokens, worth over $600 million at the time of writing. According to Binance’s announcement, a total of 2,064,494.32 BNB were burned in a transaction, with a total of 7,181.03 tokens being burned from the […]

Binance Research’s analysts are keeping a close eye on a number of developments that might have a significant impact on the cryptocurrency market in 2023. In 2023, according to a recently-released report (“Full-Year Review 2022 & Themes for 2023”) by Binance Research, macroeconomics will be the driver of returns for risk assets. Whether macro factors […]

Binance is one of the most popular cryptocurrency trading platforms, but every time you make a crypto trade, the site gets a cut. Some services also charge you fees when you deposit your cryptocurrency or have a minimum deposit amount. Given the exchange’s popularity, many wonder whether Binance has deposit limits or charges fees on […]

Whale transactions for Litecoin ($LTC), a cryptocurrency that’s often referred to as the silver to Bitcoin’s gold, and for Binance’s native tokens $BNB and $BUSD have recently surged, suggesting significant moves are being made. According to on-chain analytics firm Santiment, Litecoin, Binance Coin, and Binance USD have all been seeing surges in transactions above $1 […]

On Friday (30 December 2022), Vetle Lunde, a Senior Analyst at Arcane Research, the research arm of Oslo-based crypto investment firm Arcane Assets AS, highlighted Binance’s impressive list of achievements in 2022. Lunde wrote: “No matter how you look at it in terms of trading activity, Binance dominates the crypto market. 92% of spot volume […]

Recently, CZ, Co-Founder and CEO of Binance, which is the world’s largest crypto exchange (by trading volume), explained why he believes there is so much misinformation spread about his company. On 23 December 2022, CZ told his over eight million followers: “Some in our industry hate centralization. Regardless if a CEX helps with crypto adoption […]

On Tuesday (20 December 2022), Binance, which is the world’s largest crypto exchange (by trading volume) announced that it had joined the Chamber of Digital Commerce. The Chamber of Digital Commerce is “the world’s leading trade association representing the digital asset and blockchain industry.” Its mission is “to promote the acceptance and use of digital assets and blockchain-based […]

Binance, which is the world’s largest crypto exchange by trading volume, made a rather surprising announcement on Sunday (18 December 2022). Here is what Binance Academy says about Shiba Inu: “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed. It was created in 2020 by an anonymous developer named Ryoshi, who designed […]

The CEO of leading cryptocurrency exchange Binance, Changpeng ‘CZ’ Zhao, has recently defended that the exchange holds customer assets backed one-to-one that it isn’t facing a liquidity crunch during a run on the bank. During an interview with CNBC Squawk Box hot Aaron Sorkin, Zhao defended that Binance does not have a liquidity crunch and […]

On Wednesday (14 December 2022), CZ, who is Co-Founder and CEO of the world’s largest crypto exchange (by trading volume) shared his thoughts on people holding their own crypto. According to a report by Alys Key for Decrypt, during an AMA session hosted on Twitter, CZ said: “For most people, for 99% of people today, […]

Leading cryptocurrency exchange Binance has recorded over $3 billion in outflows over 24 hours as investors are pulling their funds off of the platform amid concerns it may not be able to honor withdrawals in case of a bank run. According to data from Nansen the exchange has recorded its highest daily withdrawals since June, […]

On Tuesday (6 December 2022), CZ, who is Co-Founder and CEO of the world’s largest crypto exchange (by trading volume), addressed criticisms that he was somehow responsible for the collapse of now-bankrupt crypto exchange FTX. On 2 November 2022, the collapse of SBF’s FTX empire started when CoinDesk published an article (titled “Divisions in Sam Bankman-Fried’s Crypto […]

Charles Hoskinson, co-founder and CEO of IO Global (IOG), the company responsible for Cardano’s R&D, says that in the long term Cardano will evolve into “a network of blockchains,” has explained why he believes both Dogecoin ($DOGE) and $BNB could be part of Elon Musk’s plans for Twitter. Speaking at the Web Summit conference in […]

On Thursday (1 December 2022), prominent crypto analyst Michaël van de Poppe shared his thoughts on the price action of BNB, “the cryptocurrency coin that powers the BNB Chain ecosystem.” According to Binance, $BNB can be used to “pay for goods and services, settle transaction fees on Binance Smart Chain, participate in exclusive token sales […]

On Tuesday (November 15), Changpeng Zhao (better known as “CZ”), Co-Founder and CEO of Binance, talked about “six principles that help to keep centralized exchanges safe and secure for users.” On 11 November 2022, FTX Trading Ltd. (doing business as “FTX.com”) issued the following press release: And here is how Sam Bankman-Fried (aka “SBF” on […]

On Monday (14 November 2022), Binance Co-Founder and CEO “CZ” explained why the call he had on 8 November 2022 with Sam Bankman-Fried (aka “SBF”), Co-Founder and former CEO of insolvent crypto exchange FTX, was a “very expensive” one. On 2 November 2022, the collapse of SBF’s FTX empire started when CoinDesk published an article […]

On Monday (14 November 2022), the Bitcoin price, which had fallen below $16,000 to reach its lowest level in over a year, started surging shortly after bullish comments from Tesla, SpaceX, and Twitter CEO Elon Musk, as well as from Binance Co-Founder and CEO Changpeng Zhao (aka “CZ”). According to data byTradingView, just before the […]

On Friday (11 November 2022), Binance Co-Founder and CEO Changpeng Zhao (aka “CZ”) shared his thoughts on the collapse of the FTX empire at the 4th Indonesia Fintech Summit (10-11 November 2022). As you may remember, on 9 November 2022, Binance announced why it was not able to go ahead with the plan to fully […]

On Thursday (10 November 2022), TRON DAO Founder Justin Sun says he is “putting together a solution together with FTX to initiate a pathway forward” after Binance decides to “not pursue the potential acquisition of FTX.com.” Here is the timeline of events… On 8 November 2022, Binance CEO Changpeng Zhao (aka “CZ”) and Samuel Bankman-Fried […]

On Wednesday (9 November 2022), three pieces of news came out that may have dealt body blows to the chances of Binance deciding to go ahead with its plan to fully acquire FTX (but not FTX US). As CryptoGlobe reported yesterday, on 8 November 2022, Binance CEO Changpeng Zhao (aka “CZ”) and Samuel Bankman-Fried (aka […]

On Tuesday (8 November 2022), Coinbase Co-Founder and CEO Brian Armstrong did a decent job of reassuring the users of the exchange that what happened at troubled crypto exchange FTX was highly unlikely to happen at Coinbase. This Twitter thread by Jonathan Wu, who works at Aztec Network, nicely summarizes the crazy events of the past couple of […]

Despite initial market euphoria over the announcements from the CEOs of FTX and Binance, now that the market has had time a little time to digest the news, it seems that crypto traders and investors are thinking that the crypto market’s troubles may be far from over. Earlier today, Binance CEO Changpeng Zhao (aka “CZ”) […]

On Tuesday (8 November 2022), Binance CEO Changpeng Zhao (aka “CZ”) and Samuel Bankman-Fried (aka “SBF”) shook the crypto market with a pair of stunning announcements. First, SBF announced that FTX and Binance had “come to an agreement on a strategic transaction with Binance” for FTX: SBF went on to say: “Our teams are working […]

On Saturday (5 November 2022), Balance announced that there is now a “new dedicated section” on Binance Marketplace that “makes accessing travel-related services like hotel booking and ride hailing easier than ever.” Balance Marketplace, which is powered by Binance Pay, is accessible via the Binance mobile app. It provides access to “a wide range of […]

On Wednesday (2 November 2022), the world’s largest crypto exchange (by trading volume) announced that it had entered into a strategic partnership with crypto hardware wallet maker Ledger. According to Binance’s blog post, this agreement “enables users with a verified Binance account to buy crypto through Ledger directly with their bank cards and have the […]

Leading cryptocurrency exchange Binance has recently launched a ‘Bluebird Index’, which is a cryptocurrency index that tracks the performance of its own nativ token, $BNB, as well as that of Dogecoin ($DOGE) and a little-known cryptocurrency called Mask Network ($MARK). According to Binance, the new index is calculated using a formula that incorporates the “weighted […]

On Monday (31 October 2022), Binance Co-Founder and CEO Changpeng Zhao (aka “CZ”) explained why his exchange had invested $500 million into Tesla and Space X CEO Elon Musk’s buyout of Twitter. Late on Thursday (27 October 2022), Dogecoin fan Elon Musk completed his purchase of Twitter: A few hours after the purchase of Twitter […]

Binance is the largest cryptocurrency exchange by trading volume, offering its crypto services to its estimated over 30 million users worldwide. However, new users can find the dashboard overwhelming, and sometimes they might be confused about deposits, trading options, and Binance’s withdrawal limits. It’s highly recommended that users thoroughly verify their Binance account; otherwise, they […]

Leading cryptocurrency exchange Binance has announced that its latest quarterly $BNB token burn has seen it destroy more than 2 million tokens, worth over $575 million at the time of writing. According to Binance’s announcement, a total of 2,065,152.42 $BNB tokens have been burned as part of the latest quarterly burn, with a total of […]

On Monday (October 3), CZ, Co-Founder and CEO of Binance, announced the amount of $LUNC Trading Fees that had been burned in batch 1, which was for the period September 21 to October 1 (inclusive). As Binance Research explained in an article published on 31 May 2022, Terra Classic, which was rebranded from Terra, is “a public […]

Last week, Binance Co-Founder and CEO CZ talked to Ryan Selkis, Co-Founder and CEO at Messari, at Messari’s annual conference Mainnet (September 21-23, 2022) in New York City about fiat-backed stablecoins $BUSD and $USDC. As you may already know, on September 5, Binance announced that it would no longer support the use of fiat-collateralized stablecoins $USDC, $USDP, and $TUSD […]

The chief executive officer of leading crypto exchange Binance has once again pushed back on the notion that his company is affiliated with China.  In a recent blog post, Binance Co-Founder and CEO Changpeng Zhao (better known as “CZ”) likened attempts to associate the exchange with China and the Chinese government to attacks on the […]

The native asset of the Binance-backed BNB Chain, $BNB, has seen its price surge up to 6% over the last 24-hour period after the blockchain network announced it’s embracing zero-knowledge (ZK) rollups, which can speed up transaction times and reduce fees. According to CryptoCompare and TradingView data, BNB is currently trading near the $280 mark, […]

On Monday (September 5), Binance announced that it will no longer support the use of fiat-collateralized stablecoins $USDC, $USDP, and $TUSD for trading, and instead “users’ existing balances and new deposits” will automatically get converted to $BUSD at a 1:1 ratio. According to a blog post published on September 5 by the world’s largest crypto […]

Shiba Inu ($SHIB), which is potentially the world’s most popular meme-inspired cryptocurrency, and $XRP, an extremely popular cryptocurrency improving cross-border payments, can now be used as payment methods at over 60 million merchants worldwide. According to a recent announcement published by leading cryptocurrency trading platform Binance, both cryptocurrencies are, along with Ethereum Virtual Machine-compatible Avalanche […]

A popular cryptocurrency trader has pointed out that BNB ($BNB) has been steadily outperforming the flagship cryptocurrency Bitcoin ($BTC) over the last few weeks as it’s continuing a price discovery phase during the bear market. Pseudonymous cryptocurrency analyst Kaleo shared with their over 500,000 followers on the microblogging platform Twitter a chart showing that against […]

Binance is one of the world’s top cryptoasset exchanges and the largest by trading volume. While the exchange, first launched by founder Changpeng Zhao in 2017, has roughly 30 million users, some clients occasionally find that they want to, or need to, delete their Binance account.  Whether to take a break from crypto trading, change […]

The BNB Chain, formerly known as the Binance Smart Chain, has been outperforming other Ethereum ($ETH) competitors in what has been dubbed a “breakout year,” in part when it comes to its non-fungible token (NFT) market. According to a report from Messari, BNB Chain’s non-fungible token sector experienced exponential growth so far this year, with […]

On Thursday (July 28), Binance announced that fans of Rome-based professional Italian football club Società Sportiva Lazio (aka “S.S. Lazio”) can “start the new 2022/23 season with cutting-edge NFT tickets.” According to Wikipedia, S.S. Lazio, which was founded in 1900, “plays in the Serie A and have spent most of their history in the top […]

Users of the leading crypto exchange Binance may occasionally come across an error message and not know what it means. One of the more concerning error messages is the following: “withdrawal suspended due to risk management.” There are several reasons why a user may experience this error and have their withdrawals from Binance temporarily suspended. […]

Leading cryptocurrency exchange Binance has surpassed its Nasdaq-listed rival Coinbase in being the cryptocurrency trading platform with the largest Bitcoin ($BTC) holdings, with Coinbase’s holdings steadily dropping since 2020 and Binance’s steadily rising since launch. According to a Glassnode chart shared by Blockware Solution’s lead insights analyst Will Clemente, the amount of Bitcoin stored in […]

PayPal is a fintech giant that started offering users the ability to buy, sell and store crypto in October 2020. It has well over 400 million users and partly thanks to its reputation and battle-tested security, users have always wanted to be able to transfer crypto from Binance to PayPal. On June 7th, 2022 PayPal […]

The CEO of Binance, the world’s largest crypto exchange by trading volume, recently talked about when we can expect to see Bitcoin get back to its all-time high (ATH) of $69,000 (which was reached on 10 November 2021). According to a report by The Guardian, Changpeng Zhao (better known as “CZ” in the crypto space) […]

A top cryptocurrency strategist that has gained a large following on social media after accurately calling bitcoin’s 2018 bear market bottom above $3,000 has pointed to Binance Coin ($BNB) as a cryptocurrency that could be due for a “significant bounce.” In a tweet shared with his over 200,000 followers, pseudonymous cryptocurrency analyst Smart Contracter noted […]

Looking to get verified on the cryptoasset exchange Binance? Wondering how long the process will take, or simply interested in what’s behind the Know Your Customer (KYC) process? Binance, the world’s leading crypto exchange for several years now, has become one of the go-to exchanges for investors looking to get involved in cryptoassets. Like most […]

On Friday (June 17), France’s Groupe La Poste announced that it had chosen the “Binance NFT” marketplace for the sale of its first ever NFT collection. The Binance NFT marketplace launched on 24 June 2021. Here is how Binance France announced this news: And this is the Binance CEO’s tweet about this announcement: “Visages de […]

Binance, which is the world’s largest crypto exchange by trading volume, has raised $500 million for a fund that will invest in Web3 despite the current bear market. According to a report by CNBC published on June 1, Binance Labs, the venture capital arm of Binance, has “raised $500 million for its debut start-up fund, […]

In a recent interview, Binance Co-Founder and CEO Changpeng Zhao (aka “CZ”) shared his thoughts on the recent failure one of the most high profile projects in the crypto space. As leading digital asset market data provider CryptoCompare said in an excellent comprehensive report (titled: “Exploring UST’s Fall From Grace”) published on May 13, “the recent blowup in the […]

Crypto loans platform Binance Loans now allows $ADA and $AVAX — the native tokens of smart contract platforms Cardano and Avalanche respectively — to be used as staking collateral assets. On 26 July 2021, Binance published a blog post that explained what crypto loans and what their use cases are: “The fundamentals of crypto loans […]

Binance, one of the world’s leading cryptoasset exchanges, has made a number of moves over the years to the point many wonder where Binance is located. The exchange, which has been valued at more than $4.5 billion in a recent estimate, first started its operation in Shanghai. The exchange has evolved from the simple trading […]

On Thursday (May 26), the world’s largest crypto exchange by trading volume announced that Binance Bahrain had “received a Category 4 license as a crypto-asset service provider (CASP) from the Central Bank of Bahrain (CBB), allowing it to offer a full-suite of crypto exchange services in Bahrain.” According to Binance Bahrain’s press release, Richard Teng, Head of MENA […]

On Saturday (May 21), Changpeng Zhao (aka “CZ”), Co-Founder and CEO of Binance, answered questions from the Reddit community during an “Ask Me Anything” (AMA) session hosted on the “/r/cryptocurrency” subreddit. Below, are some key highlights from this AMA session. $LUNA and $UST “Binance always has risk warnings to users in all of our announcements. […]