Binance

A sudden burst of transactions from a wallet associated with leading cryptocurrency exchange Binance has inadvertently led to a massive 1,900% hike in Ethereum ($ETH) transaction fees after the wallet moved over $840,000 of ETH in just 24 hours. Etherscan, an Ethereum blockchain explorer, shows that a wallet called “Binance 14” got ETH from wallets […]

Non-fungible tokens (NFTs) are unique digital assets that are verified using blockchain technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are interchangeable and identical to each other, each NFT has distinct information that makes it unique. NFTs have gained immense popularity for their use in digitizing art, collectibles, and even moments in sports. Cristiano […]

A massive cryptocurrency whale has recently moved 210 million tokens of the XRP Ledger’s native asset, $XRP, out of leading cryptocurrency exchange Binance in a surprising move that set the token’s community abuzz. According to whale monitoring service Whale Alert, the whale moved nearly 42 million XRP to an unidentified cryptocurrency wallet before making several […]

Binance NFT Marketplace is a digital platform where users can buy, sell, and trade non-fungible tokens (NFTs). Operated by Binance, one of the world’s largest cryptocurrency exchanges, the marketplace was launched on June 24, 2021. It offers a diverse range of digital assets, including art, collectibles, and virtual goods. The platform supports multiple blockchain networks […]

Leading cryptocurrency exchange Binance has recently unveiled its 10th proof of reserves, casting a detailed light on the assets the cryptocurrency trading platform has in its custody. The report shows users’ ETH deposits dropped 4.3% from the prior report, while USDT holdings experienced a minor 1% increase to 15.44 billion. According to the report, Binance’s […]

Binance, the world’s largest crypto exchange, has declared its intention to gradually cease support for Binance USD (BUSD) across its various services. According to Binance’s blog post, this decision comes in the wake of Paxos discontinuing the minting of new BUSD tokens. Despite this, Binance assures its users that BUSD will continue to be backed […]

Binance, a global leader in blockchain and cryptocurrency infrastructure, has unveiled a new service called ‘Send Cash’ for the Latin American market. This innovative feature allows users from nine Latin American countries to send cryptocurrency directly to bank accounts using Binance Pay. The service employs licensed money transfer processors to ensure smooth and secure transactions. […]

Binance, a global blockchain and cryptocurrency infrastructure provider, has expanded its services in Brazil with the launch of Binance Pay in the country. Key Details of the Launch: Binance Pay Overview: Binance Pay is a contactless and borderless cryptocurrency payment method. It offers support for over 70 cryptocurrencies, including notable ones such as Bitcoin (BTC), […]

The native token of a decentralized finance (DeFi) lending and borrowing protocol built atop LayerZero Labs, Radiant Capital ($RDNT) has recently started surging following a multi-million-dollar investment from Binance Labs, the venture capital subsidiary of Binance, the world’s leading cryptocurrency exchange by trading volume. In a recently published blog post, the leading cryptocurrency exchange revealed […]

In a significant stride towards enhancing Bitcoin transaction efficiency, Binance, one of the world’s leading cryptocurrency exchanges, has successfully integrated the Bitcoin Lightning Network into its platform. This integration, announced on July 17, 2023, enables Binance users to leverage the Lightning Network’s capabilities for their Bitcoin deposits and withdrawals. The Lightning Network, a second-layer protocol, […]

A popular cryptocurrency analyst has voiced his optimism for two popular altcoins, Binance Coin ($BNB) and Bitcoin Cash ($BCH), suggesting both could see their prices surge further in the near future. The pseudonymous analyst, known as Kaleo on the microblogging platform Twitter, has been advising his audience of nearly 600,000 about the potential of BNB, […]

Leading cryptocurrency exchange Binance has burned a total of 2.65 billion Terra Classic ($LUNC) tokens in its 11th token burn event, effectively reducing the cryptocurrency’s circulating supply. LUNC investors cheered the transaction with buy orders, leading to a small price uptick. The cumulative amount of LUNC tokens torched by Binance now towers at a staggering […]

On 21 June 2023, Binance announced the launch of a regulated digital asset platform in Kazakhstan, marking a key development in the country’s burgeoning crypto sector. This launch follows Binance obtaining a license from the AIFC Financial Services Authority (AFSA) in October 2022, enabling the company to manage a digital asset platform and provide custodial […]

In a time of intensifying regulatory scrutiny, Binance Coin ($BNB), is nativating turbulent waters, after both Binance and Coinbase were sued by the U.S. Securities and Exchange Commission (SEC). The lawsuits put significant pressure on BNB’s price performance. Binance was sued by the SEC earlier this month, with the regulator accusing the exchange of unlawful […]

A major holder of BNB Chain’s native token, Binance’s $BNB, has reawakened after two years and sold a portion of their holdings on the market, raking in substantial profits and signaling an intriguing shift in the behavior of crypto whales. According to data from on-chain analytics service Lookonchain, the whale liquidated 10,000 BNB tokens at […]

Binance, the world’s largest cryptocurrency exchange, has seen a massive outflow of funds following charges by the U.S. Securities and Exchange Commission (SEC), according to a report by CNBC published on June 6, 2023. CNBC got this news from crypto research firm Nansen, which apparently says investors withdrew a staggering $791.6 million from Binance within […]

In a blog post published on June 5, 2023, Binance, the world’s largest crypto asset trading platform, expressed disappointment in the U.S. Securities and Exchange Commission’s (SEC) decision to file a complaint against the company and its CEO (“CZ”). The company stated that it had actively cooperated with the SEC’s investigations and had worked diligently […]

The U.S. Securities and Exchange Commission (SEC) has filed 13 charges against Binance Holdings Ltd., its U.S.-based affiliate BAM Trading Services Inc., and their founder, Changpeng Zhao (“CZ”), as reported in an SEC press release issued on June 5, 2023. The charges include operating unregistered exchanges, broker-dealers, and clearing agencies, misrepresenting trading controls and oversight […]

Binance NFT, a prominent player in the non-fungible token (NFT) market, has announced the launch of a new feature, Binance NFT Loan. The service, set to go live at 11:00 (UTC) on May 26, 2023, will enable NFT owners to secure Ethereum (ETH) loans using their NFTs as collateral. This new feature is designed to […]

Binance Pay users can now enjoy seamless transactions using $ADA and $DOGE at over 400 ivendPay locations worldwide, boosting real-world crypto adoption. Binance Pay is a “contactless, borderless and secure cryptocurrency payment technology designed by Binance” that allows Binance users to “shop with crypto or send crypto to friends and family worldwide.” It features “zero fees” […]

Binance, the world’s leading cryptocurrency exchange by trading volume, has announced a strategic partnership with Lithuanian fintech firm CoinGate in a collaboration meant to allow Binance Pay users to conduct transactions at CoinGate-affiliate merchants using Shiba Inu ($SHIB) and other Binance Pay supported digital assets. Binance Pay is a contactless and borderless payment technology that […]

$SHIB holders can rejoice as Binance has announced that it will be moving the meme coin out of its Innovation Zone, a move that could signal bullish sentiment. On September 21, 2020, the Binance Innovation Zone was launched to provide users with a safer space to trade newer tokens. The zone was created in response […]

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 […]