As many experts point out, the lack of convenient payment methods for cryptocurrencies is one of the biggest factors slowing down the pace of adoption. Many people would have been quite happy using crypto as their method of payment of choice, but the problem is that their options are very limited. A significant majority of … Read more
Binance’s top executive does not seem to be convinced on the aspect that cryptocurrencies’ existence might be in danger because of CBDCs. He said that in fact, the governments would be validating the concept of blockchain on the pretext that they too are using it for CBDC purposes. Binance’s CEO Not Convinced over CBDC Posing … Read more
On Friday, Binance confirmed that the CEO would be participating as an equity investor while Elon Musk takes over Twitter. In an email statement, Changpeng Zhao, the CEO of Binance, expressed enthusiasm for the upcoming move. This comes after Elon Musk completed a $44 billion acquisition deal for Twitter He said that the exchange was … Read more
Ever since the accidental Aptos Tokenomics leak, the firm’s team is going around asking major crypto exchanges such as Binance to stop their listing of APT. Early Tuesday, Upbit, a crypto exchange based in South Korea, suddenly leaked the tokenomics. However, Binance already made announcements for the upcoming listing of APTUSDT. The perpetual contracts were … Read more
Binance, a multinational cryptocurrency exchange has announced its latest Binance Coin (BNB) burn. The exchange has reportedly burned a tremendous number of BNB tokens in the process. $547 Million Worth of BNB Tokens The exchange officials confirmed that it was their 21st quarterly burn and in the process, they burned $547 million worth of BNB … Read more
September 27 proved to be a highly competitive day between the bears and the bulls. The scuffle between the two sides was witnessed just as the bulls were able to push BNB’s price over the resistance line. The Bears Shot Down the Bullish Movement On that particular day, the bulls were able to help BNB … Read more
As a show of support for Cardano’s Alonzo upgrade, Binance has announced stopping deposits and withdrawals on Cardano’s governance token. As widely reported in various, Cardano’s Alonzo update scheduled for the next three days will enable the launch of smart contracts. Binance Supports Cardano Binance also revealed during the announcement that trades on the ADA … Read more
Binance’s spokesperson said that the company was deeply cooperating with South Africa’s Financial Intelligence center regarding the compliance of the law. The company responded to the warnings issued by the South African Financial authorities. The company’s official statement has cleared that at the moment Binance is closely working with the local regulators to comply with … Read more
The altcoin market seems to mimic the increases noted by Ethereum and Bitcoin. Tezos reflects gains as it targets its initial resistance at $6.05. Such moves come as XTZ experiences development updates on Golden Goals, introducing NFTs. Binance Coin (BNB) increased by 5.2% after keeping away the $460.42 critical support. Lastly, Cosmos surged 7.3% in … Read more
