Binance has recently decided to venture into the cloud mining world after launching a group of BTC mining products. No more hardware for miners Cloud mining typically means BTC miners do not have to p...
Tag: Binance
Terra Luna Classic Upgrade Is Live To Restore Binance LUNC Burn
Terra Luna Classic (LUNC) developer group the Joint L1 Task Force successfully triggered the v1.1.0 network upgrade at block height 11,734,000 at 08:46:56 AM on March 1. Terra Luna Classic’s largest v...
Binance US’ acquisition of Voyager Digital assets massively supported
Most Voyager Digital account holders have approved the acquisition of the bankrupt crypto lending firm by Binance US, the United States-based arm of the world’s largest crypto exchange. According to c...
Binance Launches AI-Powered NFT Generator Platform ‘Bicasso’
22 seconds ago | 2 mins read Exchange News Binance has joined the AI hype train in an effort to capitalize on the growing interest. The beta version of Bicasso has a 10,000 mint cap. Since its debut, ...
Terra Classic V1.1.0 Upgrade Goes Live, Will Binance Resume LUNC Burns Today?
The upgrade took at least 7 hours to complete. The Joint Layer 1 Task Force has completed the Terra Classic v1.1.0 upgrade. Asobs, a community influencer, disclosed this in a tweet today, later sharin...
Binance in Partnership with Lee Woong-Yeol to Enter South Korean Market
In a note to executives and employees at the time of his retirement, Lee also talked about the necessity of blockchain technology. According to some recent reports, Binance is collaborating with Lee W...
Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint Run – Bitcoin News
On Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named B...
Binance Unveils New Artificial Intelligence-Powered NFT Generator ‘Bicasso’
The world’s largest crypto exchange by volume is revealing a new non-fungible token (NFT) generator powered by artificial intelligence (AI). In a recent announcement, Binance chief executive Changpeng...
Ethereum DeFi Altcoin Explodes 140% After Surprise Support From Crypto Exchange Binance
A decentralized Ethereum (ETH)-based lending protocol is leading the altcoin markets with explosive gains following surprise support from Binance, the world’s largest crypto trading platform by volume...
Coinbase Suspends Binance Stablecoin, Bowing to SEC
Coinbase will suspend Binance USD trading starting next month after the SEC targeted the stablecoin, the crypto exchange said Monday. Starting March 13, Coinbase will no longer offer Binance USD...
Terra Classic (LUNC) Back to Life to Restore Binance LUNC Burn – Cryptopolitan
Terra (LUNA) has recently undergone a critical network upgrade that promises to restore the functionality of the Binance LUNC burn mechanism. The upgrade, dubbed the Terra Classic network, has been li...
Binance Refutes Forbes Collateral Report Alleging Exchange Transferred Vast Customer Funds Surreptitiously
Leading exchange Binance claims that the Forbes collateral report relates to its internal wallet management and is thus unfounded. Binance has hit back at the Forbes report that claims it quietly tran...
Coinbase Delists Stablecoin Binance USD (BUSD)
Coinbase announced Monday it would delist the stablecoin Binance USD (BUSD). The exchange plans to no longer support BUSD trading on Monday, March 13, 2023, at around 12 pm ET. The major exchange said...
Binance Confirms Support For Terra Classic (LUNC) Upgrade v.1.1.0
The upgrade introduces features aimed at addressing Binance’s concerns about token burns. Binance announced support for the Terra Classic (LUNC) network upgrade scheduled for Feb. 28 at 22:00 (UTC). T...
Ethereum Altcoin Project Goes Wild as Whale Initiates Huge Crypto Transfer From Binance
The native token of a decentralized finance (DeFi) protocol surged by more than 50% on Monday as one crypto whale pounced on the asset. TrueFi (TRU), a DeFi protocol that supports uncollateralized len...
Bad News Has Little Impact on Binance Coin (BNB) Price
The Binance Coin (BNB) price fall has not gone rampant despite a number of negative news report. However, the drop could continue in the short-term. Pressure is mounting on Binance after Coinbase anno...
Binance LUNC Burn Could Be Utility Moment For Terra Luna Classic
Binance reinstating its LUNC burn mechanism is the key moment for the Terra Luna Classic community. With Proposal 11367 officially passed, the blockchain will be halted at block 11,734,000 height. The...
Binance CEO hits back at Forbes report, calls it ‘baseless’
Binance CEO, Changpeng Zhao, has refuted claims by Forbes, accusing the exchange of ‘shuffling’ $1.8 billion in stablecoin collateral to numerous hedge funds. Binance has been in the limelight since F...
Terra Community Votes In Favor Of LUNC Burn On Binance Proposal
Terra Classic votes in favor of the LUNC burns proposal with a 96.6% majority. The proposal addresses Binance’s conditions for resuming LUNC burns. Upgrade may prompt Binance to resume LUNC burns at a...
Crypto: Forbes compare Binance at FTX
Forbes magazine is once again unabashedly investigating the on-chain activities of crypto exchange Binance, comparing it even to FTX. Forbes vs Binance: accusations against the crypto exchange and the...
Binance to open crypto exchange in South Korea
Lee Woong-yeol, the honorary chairman of South Korean corporation Kolon, has joined forces with Binance to launch a digital asset exchange in the country. According to Korean local news sources, the K...
Binance Coin [BNB] bulls harbor hope despite losses: Here’s why
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure was bearish at press time. T...
Binance Denies Moving $1.8 Billion In Collateral To Hedge Funds
A new report by Forbes has claimed that Binance had moved around $2.8 billion of collateral meant to back customer assets to a bunch of hedge funds. Binance, on its part, has denied that its actions ...
Proposal Passed to Bring Back Binance LUNC Burns
Terra Classic community members have passed a vital proposal to reintroduce Binance LUNC burns. Members of the Terra Classic community have passed a proposal that will guarantee the resumption of Bina...
Orbeon Protocol (ORBN) Skyrockets During Presale, While Binance Coin (BNB) and Ripple (XRP) Face SEC Pressure
The crypto industry seems to be in a state of flux this week, and the news coming out of various corners of the blockchain world is indicative of that. Orbeon Protocol (ORBN) has made headlines as it ...
Ether set to gain market leadership as the ‘stars are aligned,’ say Bernstein analysts
Crypto prices traded in a narrow range throughout February after a rip-roaring January saw some coins rally 40%, as Bernstein analysts say the Ethereum network could be set to explode. Ether wa...
Binance responds to allegations of moving billions in customer funds
As per a Forbes report, the corporation allegedly moved $1.8 billion in assets belonging to its customers. Moving money across wallets is common and poses no problems, according to Binance’s CSO. The ...
Binance USD Stablecoin Gets Booted Off Coinbase Amid Mounting Regulatory Pressure ⋆ ZyCrypto
Advertisement     San Francisco-based cryptocurrency exchange Coinbase is kicking Binance USD (BUSD) off its platform. Coinbase cited failure to meet its listing stand...
How Hard is it for Stablecoin Issuers To Cash Out Billions?
Stablecoin issuer Paxos Trust, under pressure from US regulators, must be able to honor potentially billions in redemptions in the year ahead. That raises questions about whether the firm — and, for t...