Binance

Binance CEO Says Former FTX CEO (SBF) ‘Is One of the Greatest Fraudsters in History’

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 […]

Cardano’s Hoskinson on Why Both $DOGE and $BNB Could Be Part of Elon’s Plans for Twitter

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 […]

Crypto Analyst Can See $BNB Hitting ‘Potentially Even the Highs Around $450’

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 […]

CZ on Six Most Important Requirements That All Centralized Exchanges Must Meet

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 […]

Binance CEO’s “Very Expensive Call” with SBF on 8 November 2022

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 […]

Bitcoin Surging After Elon Musk Says ‘BTC Will Make It, but Might Be a Long Winter’

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 […]

Binance CEO: Deal To Acquire FTX.com ‘Did Not Make Sense From a Number of Fronts’

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 […]

Justin Sun Trying To Rescue FTX After Binance Says No to Acquisition Deal

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 […]

3 Reasons Why Binance’s Potential Acquisition of FTX Looks Less Likely Now

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 […]

Brian Armstrong Explains What Coinbase Is Doing To Maintain Customers’ Trust

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 […]

Two Reasons Why Crypto Market is Falling Despite Binance’s LOI to Acquire FTX

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”) […]

CZ: Binance Signs a Letter of Intent to Acquire FTX and ‘Help Cover the Liquidity Crunch’

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 […]

CZ: ‘You Can Travel the World With Crypto’

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 […]

Binance Partners With Ledger To ‘Enable Even More Users To Conveniently Buy Crypto’

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 […]

Binance’s new ‘Bluebird Index’ Helps Little-Known Altcoin $MASK Surge Over 200%

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 […]

CZ Explains Why Binance Invested $500 Million Into Elon Musk’s Purchase of Twitter

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 […]

What is Binance’s Withdrawal Limit?

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 […]

Crypto Exchange Binance Burns $575 Million in $BNB in Latest Quarterly Burn

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 […]

$LUNC: CZ Says Binance Has Already Burned Over $1.8M Worth of Terra Classic ($LUNC)

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 […]

Binance CEO CZ: Despite Common Misconception Binance Has Not Stopped Supporting $USDC

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 […]

CZ Explains Says Binance Has No Connection to the Chinese Government

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 […]

$BNB Price Surges as Blockchain Embraces Technology to Make Transactions Cheaper and Faster

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, […]

Binance Will ‘Auto-Convert’ $USDC, $USDP, $TUSD to $BUSD From September 29

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), $AVAX and $XRP Can Now be Used to Pay at Over 60 Million Merchants Worldwide

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 […]

$BNB Is an ‘Actual Tank’ Outperforming Bitcoin ($BTC), Says Top Crypto Trader

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 […]

How to Delete a Binance Account

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 […]

$BNB Chain Has Been Outperforming Competitors in ‘Breakout Year’: Report

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 […]

Binance Introduces NFT Ticketing for Soccer Fans

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 […]

Withdrawal Suspended Due to Risk Management: What Does It Mean?

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. […]

Binance Overtakes Coinbase as Exchange With Largest Bitcoin ($BTC) Holdings

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 […]

How to Transfer Crypto from Binance to PayPal: Step-by-Step

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 […]

Binance CEO Gives His Answer to One of the Most Frequently Asked Questions About Bitcoin

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) […]

Crypto Analyst Who Called 2018’s Market Bottom Points to Altcoin Gearing up for ‘Significant Bounce’

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 […]

Guide to Binance Identity Verification: How Long Does It Take?

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 […]

French Postal Service Brings Its First NFT Collection to Binance NFT Marketplace

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 […]

Bear Market Not Stopping Binance From Investing $500M Into ‘Web3’ Startups

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, […]

Binance CEO on Terra Ecosystem Collapse: ‘I Have Never Spoken To Do Kwon Directly’

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 […]

$ADA and $AVAX Can Now Serve As Staking Collateral Assets on Binance Loans

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 […]

Where is Binance Located?

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 […]

Binance Becomes First Crypto Exchange To Receive a Category 4 License in Bahrain

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 […]

Highlights From Binance CEO’s Reddit AMA Session: $LUNA, $UST, $BNB, and $BUSD

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. […]

How to Transfer Crypto From Binance to Coinbase: A Step-by-Step Guide

Many crypto investors use more than one exchange to satisfy their trading needs. While Binance and Coinbase are two of the most popular and user-friendly options available, sometimes users find themselves wanting to transfer crypto from Binance to Coinbase and vice-versa.  Transferring assets from one cryptocurrency trading platform to another isn’t complicated and can be […]

Terra ($LUNA) Binance Holdings From $1.6 Billion to Less Than $3,000

Leading cryptocurrency exchange Binance has revealed it could have reaped $1.6 billion from a $3 million investment into the Terra ($LUNA) ecosystem, but never touched its holdings and as a result, they’re now worth less than $3,000. On social media Binance’s CEO Changpeng “CZ” Zhao update the cryptocurrency community on Binance’s involvement with Terra, whose […]

CZ Addresses ‘Falsehoods Circulating in Crypto Twitter’ Regarding Terra ($LUNA)

On Sunday (May 15), Binance Co-Founder and CEO Changpeng Zhao (aka “CZ”) shared his latest 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, […]

Interest in Lido DAO Surges After Binance Says It Will List Governance Token $LDO

On Monday (May 9), the world’s largest crypto exchange by trading volume, announced its plan for $LDO, the Ethereum-based token that grants governance rights in the Lido DAO. What Is Lido? Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking providers.” It “lets users stake their […]

BNB Chain to Introduce Sidechains in Bid to Further Support Resource-Intense Applications

The BNB Chain network, formerly known as the Binance Smart Chain, is set to launch application-specific sidechains in a bit to support resource-intense applications such as play-to-earn games, while reducing strain on the main network. According to The Block, the BNB Chain Application Sidechain (BAS) will allow developers to port data and assets directly from […]

Binance to Give Away Free Shiba Inu ($SHIB) In New promotion

Leading cryptocurrency exchange Binance is giving away the meme-inspired cryptocurrency Shiba Inu ($SHIB) to new users on its platform through a new promotion that is seemingly meant to incentivize users to trade SHIB. According to an announcement the exchange published, its promotion is running until March 21 and involves a giveaway of $80,000 in SHIB […]

Gaming Startups Building on Binance Smart Chain To Get a $200 Million Helping Hand

A new $200 million joint investment initiative by Binance and Animoca Brands will “accelerate and incubate early crypto gaming startups that are building on Binance Smart Chain (BSC).” In a blog post published on December 6, Binance announced that the $1 billion Growth Fund for Binance Smart Chain in October (in order to accelerate adoption […]

Shiba Inu ($SHIB) Now Accepted by Binance-Backed Travel Booking Platform

A leading blockchain-based Travel booking platform, which is backed by Binance, has added support for highly popular meme-based cryptocurrency Shiba Inu ($SHIB). Travala.com ($AVA), which currently “offers 2,200,000+ properties covering 90,124 destinations in 230 countries and territories”, was founded in 2017. On 20 May 2020, Travala.com announced “its strategic merger” with the leading crypto-friendly flight […]

Binance Partners With Portuguese Football Club, Helping $BNB To Break Above $614

On Friday (November 5), crypto exchange Binance announced a multi-year partnership with FC Porto, which is one of Europe’s top professional football clubs. “Futebol Clube do Porto”, more commonly known as FC Porto, is a professional football club based in Porto, Portugal. The club, which was founded in 1893, plays in Portugal’s top league, which […]

Binance Hires Former UN Advisor Martin Bruncko as Executive Vice President for Europe

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of […]

Binance Hires Crisis and Risk Expert as its First Chief Communications Officer

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of […]

Eligible $XRP Holders on Binance Will Receive Songbird ($SGB) Tokens via an Airdrop

On Thursday (October 28), crypto exchange Binance announced how it is going to support Flare’s Songbird (SGB) Airdrop Program for XRP (XRP) holders on its platform. On July 20, Flare Networks introduced Songbird, which is the canary network (i.e. ” an operational blockchain with a defined… token supply that is intended to be used to test […]

Binance Labs Makes Strategic Investment in BSC-based Decentralized Exchange Biswap

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of any […]

Binance Burns $639 Million Worth of $BNB Tokens

Leading cryptocurrency exchange Binance has announced it has burned 1.335 million BNB tokens, meaning that $639.4 million worth of the cryptocurrency has been permanently removed from circulation. According to an update published by the exchange, the move was part of Binance’s commitment to burn BNB every quarter until 50% of the cryptocurrency’s supply has been […]

Binance Angels Helped a Crypto User Recover Nearly $100,000

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of […]

How Binance Helps Bolster the Cryptocurrency Industry’s Security and Reputation

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of any […]

SEC Chairman Calls on U.S. Congress to Grant Increased Crypto Oversight

The U.S. Securities and Exchange Commission (SEC) Chairman has called upon Congress for additional legislative authority in order to protect cryptoasset investors.  Speaking at the Aspen Security Forum, SEC Chair Gary Gensler outlined his views on digital assets and the crypto industry, saying that investors needed more protection.  Gensler, who taught a course on blockchain […]

What Binance Is Doing To Be More Compliant With Local Regulations

On Tuesday (July 27), crypto exchange Binance announced a number of steps it is taking to improve the company’s regulatory compliance. It should be noted that this is just the start and that Binance plans to do even more in the future to make financial regulators around the world happy. Here are the measures that […]

Bitwise CEO on Crypto: Regulation Is ‘The Single Biggest Driver of the Bull Market’

On Tuesday (June 29), Matt Hougan, CIO at Bitwise Asset Management, the world’s largest crypto index fund manager, talked about the present and the future of the crypto markets. His comments about crypto were made during an interview on “Bloomberg Technology“, a daily news program on Bloomberg Television hosted by Emily Chang. Below are a […]

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