Binance
35 posts
The director of Binance UK, Teana Baker-Taylor, is leaving the cryptocurrency exchange after a relatively brief, half-year stint in the role. A spokesperson for Binance confirmed to CoinDesk that Baker-Taylor will depart “in a few days,” adding: “We would like to thank Teana for her hard work and achievements leading Binance UK and wish her all the best for the future.” Josh Goodbody, Binance’s director of […]
A potential partnership between Binance and TaoTao fell through, 10 months after first being revealed. Source link
Binance, Gemini, and Kraken have become the biggest winners since US regulators’ charges against BitMEX on Thursday. Source link
It might be part of every job in crypto to anticipate and react to fast-moving developments that seemingly change the industry’s direction overnight. And apparently not even Changpeng “CZ” Zhao, the high-profile leader of Binance, the world’s largest cryptocurrency exchange, is immune to the industry’s capricious shifts. In a video interview with CoinDesk’s Muyao Shen, Zhao acknowledged that the emerging blockchain sector of decentralized finance, known as DeFi, […]
Decentralized finance (DeFi) has been grabbing the headlines and capturing the imagination of traders in recent weeks and some of the biggest centralized cryptocurrency exchanges seem to be afraid they’re missing out. That’s why they are now trying to reposition themselves as integral parts of this exploding sector, particularly as traders in China grow more interested in DeFi. Huobi announced Tuesday it was adding 10 more […]
Crypto.com’s new Defi Swap product will provide yet another platform on which users can token swap and yield farm. Source link
Users of the new Launchpool will be able to stake Binance’s tokens, as well as the ARPA token, for rewards in Bella (BEL). Source link
The exchange giant is hoping to capitalize further on the DeFi boom with a new centralized trading platform that makes it a rival of the likes of Uniswap. Source link
Users of crypto exchange Binance can now stake Dai and Kava as the exchange’s decentralized finance (DeFi) staking platform goes live. Binance’s DeFi staking program was first announced Wednesday with Dai, the stablecoin generated by loans on MakerDAO. The Binance initiative aims to tap into this year’s booming DeFi market by offering the ability for users earn staking rewards (akin to interest) on select digital assets. […]
Ellipitc is only the second crypto analysis company to support Binance’s namesake blockchain. Source link
Binance’s charity arm is donating $20,000 to the victims of an explosion that rocked Lebanon’s capital earlier this month. Source link
Launched by software engineers from Porsche and NEAR Protocol, 1inch has raised $2.8 million in a funding round led by Binance Labs. The platform was launched at the ETHGlobal hackathon last year as a liquidity aggregator connecting multiple decentralized exchanges (DEXs). This summer, it reported passing $1 billion threshold in the total volume of tokens going through its smart contracts. Investors in its funding round, announced […]
Company executives anticipated regulators might one day take an interest in Binance Chain Source link
Malaysia’s financial watchdog says Binance and eToro don’t comply with the country’s securities law; it’s unlikely to make much of a difference to their local operations, however. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests […]
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region. The world’s largest crypto exchange is deploying a physical server node for its pool at BitRiver, the largest bitcoin mining hosting provider in Bratsk, Russia. The move would give miner owners at BitRiver who choose to switch to Binance a better connection and direct route to its […]
Users in Europe will be able to apply for the Binance Card from August, those in U.K. will be able to do so shortly afterwards. Source link
Binance Labs, the incubation and seed funding arm of the world’s largest crypto exchange, has made its first investment this year, backing decentralized privacy startup HOPR. Announced Thursday, Binance Labs led a $1 million seed round in HOPR, which also saw investment from Focus Labs, Spark Digital Capital, Caballeros Capital and Synaitken. The seed round followed a fellowship award the startup received last year from BinanceX, […]
Cryptocurrency exchange Binance has teamed with settlement provider Etana Custody to increase the options for users buying digital assets with fiat currencies. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. […]
At least 75 crypto and blockchain firms received approximately $30 million in government-backed PPP loans during the COVID-19 economic crunch while Binance continues to donate personal protective equipment equipment through its charitable wing. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here. […]
Binance, the world’s biggest crypto exchange by trading volume, has donated 27,000 KN95 masks worth over $60,000 to the U.K. National Health Service’s Pru Trust to aid the fight against COVID-19. The Princess Royal University Hospital (PRUH) is one of London’s largest and busiest teaching hospitals. It’s part of the King’s College Hospital NHS Foundation Trust, which employs more than 11,000 healthcare workers and delivers services […]
The Brazilian Securities and Exchange Commission (CVM) on Monday ordered cryptocurrency exchange Binance to immediately cease offering derivatives trading services in the country. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain […]
Cryptocurrency market data aggregator CoinGecko has updated its trust metric for exchanges, with Binance keeping its top slot in the rankings. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source […]
Another day, another spat in the crypto space… The president of the Bitcoin Association, the entity behind Bitcoin Satoshi Vision (BSV), has accused Binance of cherry picking its relationships with the cryptocurrency project after news came out earlier this week that the exchange’s new mining pool was now the single biggest verifier on the BSV protocol. In a statement to CoinDesk, Jimmy Nguyen said it was […]
Binance, the world’s largest cryptocurrency exchange by trade volume, has joined the Indian tech industry association that helped overturn the nation’s crypto banking ban earlier this year. The cooperation between Binance and the Internet and Mobile Association of India (IAMAI) is an early step in implementing industry best practices in the Indian crypto market, according to a press statement. India’s crypto sector has rapidly emerged after […]
The most popular cryptocurrency price aggregator site has rolled out a new way of ranking exchanges that keeps owner Binance at the top of the exchange table. CoinMarketCap came under fire last month after its new web traffic-based ranking system gave Binance – which acquired the aggregator for a rumored $400 million in April – a perfect score. “Six weeks in and Binance’s acquisition of CoinMarketCap […]
Binance’s Korean crypto trading arm is now working with blockchain analytics startup Coinfirm to better ensure anti-money laundering (AML) compliance. The extended partnership, announced Tuesday, will see Coinfirm’s AML solution integrated with Binance Korea’s services on Binance Cloud – a platform for launching digital asset exchanges. The platform opened in April to allow Binance’s digital asset trading infrastructure to be rebranded by smaller exchanges for their […]
Binance is forced to “technically” support last week’s hard fork of the Steem blockchain, according to the crypto exchange’s CEO, Changpeng “CZ” Zhao. In a statement on the company’s official blog Sunday, CZ said that, while the exchange is “very much against zeroing other people’s assets on the blockchain,” to not support it would mean that Binance users would not be able to withdraw their steem […]
A month on from Binance buying CoinMarketCap for a rumored $400 million, the crypto price aggregation site has unveiled an exchange ranking system that gives its new owner the best score possible thanks, in part, to the CEO’s Twitter feed. “We listened,” said CoinMarketCap’s new owner, Changpeng “CZ” Zhao, tweeting the news out on Thursday. He was referring to the fact many traders had expressed concerns […]
Binance has frozen funds linked to the $49 million breach of the Upbit crypto exchange, as hackers tried to liquidate some of their ill-gotten gains. Most of the action around the news took place on Twitter. At just after 16:00 UTC Wednesday, bot Twitter account Whale Alert warned Binance – which has previously committed to freezing any funds stemming from the hack – that roughly 137 […]
Binance is making a bet on the potential of the Indonesian crypto market, making an undisclosed investment into the Jakarta-based and regulated exchange, Tokocrypto. Binance, the crypto trading leviathan that doesn’t like to reveal where it’s based, announced Tuesday morning that the funding would go toward growing Tokocrypto’s business, such as building out new offerings and products, improving the tech stack, as well as expanding its […]
Binance.US has launched an OTC trading portal for major orders. The feature will allow users of Binance’s US affiliate to process orders worth $10,000 or more directly between customers, off of the normal exchange’s order book. Catherine Coley, CEO of Binance America, announced the launch during Consensus: Distributed on Monday. Coley said the launch comes at an opportune time for large value traders given increasing interest […]
Binance CEO Changpeng “CZ” Zhao really doesn’t want to tell you where his firm’s headquarters is located. To kick off ConsenSys’ Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance brand. Scheduled for 45 minutes, Zhao spent most of it explaining how libra and […]