binance

Binance and MDI Ventures To Expand the Blockchain Ecosystem in Indonesia
Binance and MDI Ventures to Expand Blockchain Ecosystem in Indonesia

Binance is working with a group led by MDI Ventures to expand the blockchain ecosystem. This venture is aimed at the fourth most populous country in the world — Indonesia.  All parties involved are hoping to grow together as partners. One of the biggest names in the blockchain and crypto industry — Binance, has struck a joint venture with a group led by MDI Ventures (MDI). Together, the entities plan to expand the blockchain ecosystem in Indonesia.  In detail, this team is aiming to boost the development of blockchain in Indonesia by developing a new Indonesian-based digital asset exchange. Indeed,

3 mins read
CZ Binance told don't touch my BNB
Don’t Touch My BNB! CZ Jokes as Binance Coin Nears ATH

Is Binance Coin (BNB) going to hit the same rally as Bitcoin and Ethereum? Binance CEO Changpeng Zhao took to Twitter his excitement about the possible surge of the cryptocurrency. While the meme was intended to entertain viewers, it may also serve as a warning to BNB holders. Specifically, once BNB reaches another all-time high (ATH), hackers will be keen on nabbing the cryptocurrency from unsuspecting holders. At the time of writing, BNB price is at $647.15, which is just a couple of dollars short from reaching its ATH of $686.31 from May.  Back to the BNB meme, community members

1 min read
binance participating c funding series of gamefi games platform
Binance Participates in Series C Funding of Mythical Games GameFi Platform

Binance has participated in a Series C funding round of Mythical Games platform. Andreessen Horowitz led the funding round. Binance posted a vague announcement saying it is hopping into the metaverse. Binance has invested further in GameFi by participating in the series C funding round of Mythical Games, a blockchain-based gaming firm. Prominent investment firm Andreessen Horowitz led the funding round, along with other investors such as Redbird Capital, D1 Capital, Raine Group, and Binance’s contemporary exchange FTX. That said, Mythical Games has reached its unicorn status by reaching $1.25 billion after the success of the last investment effort. Meanwhile,

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Binance Burns Bridges: China Punished for Banning Crypto

Binance is delisting the CNY trading zone.  This decision will be in motion from December 31, 2021.  After this, all users in mainland China will see their accounts switch to ‘withdrawal only’ Binance — the global crypto trading exchange platform, made a bold announcement via a blog post. To specify, the exchange is delisting the CNY trading zone. This means that Binance will stop all services provided to users in mainland China.  In detail, the blog post talks about Binance’s decision on the matter of regulatory requirements demanded by the local government. In response, Binance C2C decided to simply delist

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Singapore Embrace Binance and Gemini
Singapore Embraces the Crypto World With Binance and Gemini

Singapore opens its doors to the crypto world. Gemini celebrated its first anniversary in the country. The country of Singapore continues to open its doors to the crypto world. In fact, the biggest names in the crypto industry are now starting to move in the country. For instance, the Gemini exchange, a crypto exchange founded by the Winklevoss twins, had just celebrated its one year anniversary in Singapore. Jeremy Ng, the head of Gemini Asia Pacific, explained: “Anchored by support for the Singapore dollar (SGD), we are thrilled to see the continued expansion of our regional headquarters as Gemini becomes

1 min read
Binance Lists Barnbridge
Binance Lists Barnbridge (BOND), Enzyme (MLN)

Top cryptocurrency exchange Binance has recently announced the listing of two new tokens, namely Barnbridge (BOND) and Enzyme (MLN). According to an official announcement on its website, trading has opened for these tokens on July 5 at 6 AM (UTC). Meanwhile, withdrawal opened on July 6 at the same time slot. Barnbridge is a derivatives protocol that offers stablecoin lending products. On the other hand, Enzyme is a rebrand from Melon Protocol, which is an on-chain asset management platform. Barnbridge Price Prediction Given the recent listing on Binance, how much will BOND be worth in 2021? Let’s do a quick

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Binance Services Says Goodbye to the UK
Binance Services Says Goodbye to the UK

UK bans Binance services in the country. Binance maintains its top 5 positions in the crypto market. The hunt against crypto exchanges in different countries continues. This time the UK government shuts down Binance activities in their country. As per the UK authorities, Binance holds no authorization, registration or license to conduct activities in the UK. As a result, most of the Binance activities in the UK are being banned. Indeed, this movement made by the UK authorities saddened the crypto community in the country. The U.K. Financial Conduct Authority (FCA) explained: “A significantly high number of crypto asset businesses

1 min read
Binance Bids Farewell to Ontario
Binance Bids Farewell to Ontario, Canada

Binance stops its services in Ontario Canada UK cracks down crypto exchange operations in the country The world’s biggest crypto exchange, Binance can no longer continue its service in Ontario, Canada. This movement of Binance was made after Ontario accused Bybit for failing to follow the rules of the province. According to the government of Ontario, Bybit failed to bring its operations into compliance with Ontario securities law before its deadline on April 19, 2021. The Chair and CEO at the OSC, Grant Vingoe explained further: “Unregistered crypto-asset trading platforms expose Ontario investors to significant risks, including potential loss, theft

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Binance-Psychological-Chart
Binance Psychological Chart: What Level Are You Now?

The crypto world continues to perform wild market swings that raise tension inside the crypto market. Binance psychological chart measures the emotional level of the traders inside the crypto market. The crypto world continues to perform wild market swings that could make traders and investors go crazy. As a result, the emotional level inside the crypto space is at its peak nowadays. For this reason, Binance created a chart that determines the emotional position of traders and investors in the crypto market. Source: Binance Twitter In the chart above, we can see various types of emotions based on the price

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BSC-Close-to-Overtaking-ETH
DeFi BSC Close to Overtaking ETH Total Value Locked

Binance Smart Chain (BSC) is already one step closer in overtaking Ethereum TVL. BSC achieved over $47 billion TVL while ETH surged to over $72 billion TVL. Binance Smart Chain (BSC) is already one step closer to overtaking Ethereum in terms of total value locked (TVL). Specifically, BSC has already achieved over $47 billion TVL, which is inching closer to the TVL of Ethereum amounting to over $72 billion. Indeed, BSC is one of the active and aggressive ecosystems inside the decentralized finance (DeFi) space. This event in the DeFi space made analyst Mati Greenspan react: Both are competing for

2 mins read
Binance Listed Ampleforth
Binance Officially Lists Ampleforth Governance Token (FORTH)

Binance officially announced the listing of Ampleforth Governance Token (FORTH). FORTH trades with crypto pairing such as FORTH/BTC, FORTH/BUSD and FORTH/USDT. Binance officially announced Ampleforth Governance Token (FORTH) listing into its platform on 2021-04-23 at 9:00 AM (UTC). As a result, all the users of the Binance platform can now buy, sell, and trade FORTH tokens. Indeed, FORTH can expect the mass adoption of its tokens in the days to come. Furthermore, Binance opens its network to FORTH with trading pairs such as FORTH/BTC, FORTH/BUSD, and FORTH/USDT. With this, users have more options to trade FORTH along with their favorite

1 min read
Did Binance CZ Roast Coinbase Chief for Selling Shares?
Did Binance CZ Roast Coinbase Chief for Selling Shares?

Coinbase CEO Brian Armstrong sold shares worth $291.8 after stocks went live at Nasdaq. Binance CEO Changpeng Zhao said they haven’t sold any BNB from the ICO days. However, CZ clarified that his tweet was not aimed at Armstrong. Coinbase CEO Brian Armstrong sold $291.8 million of his shares in the wake of Coinbase’s IPO listing. This did not sit well with many crypto fans. Meanwhile, Binance CEO Changpeng Zhao (CZ) wrote a tweet which was timed almost perfectly with the selloff. CZ explained that all Binance Coin (BNB) allocations for the Binance team from the ICO days will be

1 min read