Binance announced that it would introduce zero-knowledge proofs to improve the quality of its Proof of Reserves report. Zk-SNARKs will allow Binance users to securely and privately confirm nonnegative...
Tag: Binance
Binance Raises Withdrawal Fees For Crypto Assets On Tron
Crypto exchange Binance on Friday announced raising withdrawal fees for all major cryptocurrencies on the Tron (TRX) network. The move comes after the Tron community passed Proposal 83 to change the e...
Binance Aims to Improve Proof-of-Reserve System With zk-SNARKs
Binance said earlier today it had introduced zk-SNARKs to its proof-of-reserve system in an attempt to make it easier for users and other entities to verify its solvency. Additionally, the exchange ha...
Binance to Adjust Tron (TRX) Network Withdrawal Fees
6 hours ago | 2 mins read Exchange News Withdrawal fees increased from 1 to 2.6 units. The user must pay 15 TRX instead of 1 TRX for TRX withdrawal. Binance will change withdrawal fees on the TRON (TR...
Crypto Exchange Binance Adds Shiba Inu (SHIB) and Three Other Altcoins As Verifiable Digital Assets
The world’s largest crypto exchange platform by volume is adding Shiba Inu (SHIB) and three other altcoins to its list of verifiable crypto assets. In a new company blog post, Binance says its introdu...
WazirX Declares The Allegations From Binance “False And Misleading,” And Plans To Take Legal Action
Join Our Telegram channel to stay up to date on breaking news coverage According to a Tuesday blog post by WazirX, an Indian cryptocurrency exchange, “accusations made by Binance on their blog are unt...
Bitcoin, crypto prices slip; Coinbase extends losses as regulatory fears spook market
Cryptocurrency prices nosedived overnight on the back of increased regulatory scrutiny. Coinbase and Silvergate extended losses in the early session. Bitcoin was trading at $21,770, down 4.2% o...
Exploring how UNI v3 deployment could impact Binance Coin [BNB]
Consensys and a16z are in different positions on UNI’s deployment on BNB. BNB could be impacted in the eventuality of deployment by UNI. Voting is still happening to determine the best way to integrat...
Binance deploys zk-SNARKs on proof-of-reserves system
Binance, the biggest centralized cryptocurrency exchange by volume, has added zk-SNARKs’ zero-knowledge proof system to its proof-of-reserves (PoR) verification system to attest that funds held ...
Voyager Users Will Need Binance US Accounts to Get Their Money Back
Bankrupt crypto broker Voyager Digital has submitted a plan for customers to recover their assets through Binance US, according to court filings. The early opt-in period started last week, meaning tha...
WazirX’s Comeback on Denial of Wallet Services Threatens Binance with Legal Action
The opaque and intriguing ownership of the Indian crypto exchange WazirX continues to baffle investors and crypto honchos alike. Over the past two weeks, Binance and WazirX top executives once again c...
Binance Coin Forms a Bearish Divergence as Market Weakness Continues
Binance coin price analysis shows downtrends forming as market weakness continues. The BNB/USD pair has lost almost 2.41% of its value in the last 24 hours. The Binance coin is currently trading below...
Binance Custody Rebrands to Ceffu
The world’s leading cryptocurrency exchange, Binance, is now rebranding its Custody department to Ceffu. If the name sounds familiar, it’s because it takes inspiration from the popular Secure Asset Fu...
Coinbase drops 8% as CEO Armstrong calls out SEC; Silvergate sinks 5%
Crypto-related stocks sold off at the open, with Coinbase and Silvergate leading the drop. Coinbase shares fell over 8% to $63 by 11:15 a.m. EST, according to Nasdaq data. Last night Coinbase CE...
Bitcoin slips as memecoins lead loses; GBTC discount to NAV widens
Cryptocurrency prices slipped across the board, even as the sector buzzes about the future of AI and big data tokens. Bitcoin was trading at $22,722 by 9:35 a.m. EST, down 1.5% over the past day...
Binance Coin Loses Value As It Reaches Support Above $310
Feb 09, 2023 at 13:20 // Price Binance Coin (BNB) is losing value as it tries to overcome the $332 level. Before its breakdown, the cryptocurrency’s price made several retests at the resistance....
Binance, Avalanche Donate Towards Earthquake Relief, Big Eyes Coin Wants to Save The Oceans
Binance and other crypto-organizations have extended support in digital and fiat currencies in response to the horrific earthquakes in Turkey and Syria. Binance has pledged $100 in BNB to every custom...
Binance APAC Head Claims Crypto Firms Must Wait for Full Audits
Binance’s Asia-Pacific chief Leon Foong said that accounting firms must develop standards to address crypto volatility before they can fully audit crypto firms. Foong said that Binance will only condu...
Binance Coin (BNB), Aptos (APT), and Orbeon Protocol (ORBN) Are the Cryptos to Watch in 2023
As the cryptocurrency market continues to evolve, investors are always looking for the next big thing. Analysts are pointing at Binance Coin (BNB), Aptos (APT), and Orbeon Protocol (ORBN) as the crypt...
Binance Tries to Save The Crypto Industry, Again
Binance, the world’s biggest cryptocurrency exchange, is reportedly trying to rebuild trust in crypto with a consortium of crypto companies. The move aims to rebuild trust in the industry and engage w...
CZ Acknowledges Bad User Experience as Binance Suspends US Dollar Transfers
Cryptocurrency exchange Binance is suspending US dollar transfers from Wednesday, but hasn’t given a reason for doing so. “We are temporarily suspending USD bank transfers as of February 8th,” a spoke...
Monitoring Binance Coin’s ambit as on-chain deployment made official
The BNB community voted to deploy Euler on the chain. Investors’ portfolio was doing pretty much better than last year’s hawkish state. On 8 February, Binance CEO Changpeng Zhao (CZ) shared a snapshot...
Binance Organizes Crypto Consortium to Revive Trust in Blockchain Industry
Binance, the biggest exchange in crypto, seeks to revive trust in the industry after an onslaught of hacks and scams that ravaged its reputation last year. The company is helping bring together a con...
Binance Academy Launches Scholarship Program to Enhance Web 3.0 Education in the Philippines
Singapore, Singapore, 8th February, 2023, Chainwire Binance Academy, the educational platform of the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, is teaming up wi...
Binance Says Complete Audit of its Finances May Take A While
Binance believes that a complete audit of its finances may take longer than anticipated. The exchange’s former auditor Mazars stopped catering to crypto clients in December 2022. The reputational risk...
Binance native token BNB starts 2023 with 38% price gain
Binance’s native token, BNB, has had a roaring start to the year, with its year-to-date (YTD) gains standing at over 38%. But will it last amid the USD withdrawal suspension? BNB price chart (Source: ...
Binance says big auditors not ready for it yet
Binance declares that the big auditors still have a lot to learn about the crypto industry and so a full audit probably won’t take place soon. Binance detractor has his say Binance has suffered much F...
WazirX deems Binance allegations ‘false’ and ‘unsubstantiated’
India-based crypto exchange WazirX said Binance’s allegations against it are “false” and “unsubstantiated,” according to a Feb. 7 statement. The exchange added that it wa...
Binance is suspending USD deposits and withdrawals for international users
Join Our Telegram channel to stay up to date on breaking news coverage Binance, the world’s leading cryptocurrency, announced recently that it will suspend USD deposits and withdrawals, without really...
WazirX Calls Binance Statement False and Misleading
The Indian exchange WazirX has stepped its beef with Binance, calling recent statements false and misleading. WazirX and Binance have been involved in the public debate over the ownership of the forme...