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Category: News

  • Binance secures another crypto license in Dubai

    Binance secures another crypto license in Dubai

    The world’s largest cryptocurrency exchange – Binance – has received a viable product license (MVP) from Dubai’s Virtual Assets Authority (VARA). Dubai continues to issue license to Binance In March of this year, Binance secured a temporary license from Dubai’s VARA that allows cryptocurrency services to be offered to certain types of local investors. The […]

  • Ethereum Proof of Work (ETHW) Surges 30% After Binance Completes Distribution

    Ethereum Proof of Work (ETHW) Surges 30% After Binance Completes Distribution

    Ethereum Proof-of-Work (ETHW) is trading inside a short-term bearish pattern and below two important horizontal resistance levels. After the Ethereum (ETH) Merge went live, some miners decided to remain and support the proof-of-work (PoW) consensus. This created a new fork and the launch of the ETHW mainnet. ETHW is a Layer 1 blockchain that preserves the pre-merge PoW consensus. So far, there are more than 20 active […]

  • Binance CEO on the Problems With Ethereum That the Merge Does Not Fix

    Binance CEO on the Problems With Ethereum That the Merge Does Not Fix

    CZ on the problems with Ethereum In a recent interview, Changpeng Zhao (“CZ”), the Co-Founder and CEO of Binance, said that users of the Ethereum network should not have unrealistic expectations regarding the benefits of the Merge upgrade, which was completed on September 15. In an interview with CNBC just before the Merge, which marked the Ethereum […]

  • Binance CEO CZ Says Bitcoin, Ethereum and Rest of Crypto Should Decouple From Stocks

    Binance CEO CZ Says Bitcoin, Ethereum and Rest of Crypto Should Decouple From Stocks

    Cryptocurrencies break from their correlation with the stock market Binance CEO Changpeng Zhao says that the limited supply of cryptocurrencies, particularly large-cap assets like Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB) could soon break from their correlation with the stock market. In a new interview on CNBC, Zhao says that unlike fiat, the amount […]

  • Binance Boosts Partnership With France

    The partnership between Binance and France  The world’s leading cryptocurrency exchange Binance and France have established and strengthened a strong partnership. Changpeng Zhao, founder and CEO of Binance, has described the French capital Paris as the crypto financial hub in Europe. During the opening session of Binance Blockchain Week Paris 2022 on September 14, CZ stated that with the strong […]

  • BNB Chain partners with Google Cloud

    BNB Chain partners with Google Cloud

    Google Cloud and BNB Chain have partnered to provide developers with access to cloud computing services. The partnership will provide credits for access to Google Cloud, along with technical support and mentorship. Binance Partners with Google Cloud According to a press release on September 14, BNB Chain has partnered with Google Cloud to accelerate the growth […]

  • Indian Crypto Traders Move To Binance And FTX

    Indian Crypto Traders Move To Binance And FTX

    Binance’s position in the Indian market Changpeng Zhao, CEO of cryptocurrency platform Binance, affirmed the exchange’s position in the Indian market in the face of tax structure changes in India. Binance has an advantage over competitors in the Indian market because Binance does not subject to high taxes or has difficulty moving funds in and […]

  • Binance’s auto-conversion to BUSD deals USDC’s position a big blow

    Binance’s auto-conversion to BUSD deals USDC’s position a big blow

    USDC loses position to USDT Binance’s recent decision to convert stablecoins USDC, USDP, TUSD to Binance USD (BUSD) has dealt a major blow to USDC’s position. Besides, Binance said there are no plans to automatically convert Tether (USDT) to BUSD. At the beginning of 2022, Circle (USDC) stood firm in the battle for dominance among stablecoins. The capitalization […]

  • Binance appoints former Mexico securities chief to new global advisory council

    Binance appoints former Mexico securities chief to new global advisory council

    Appointment of Adalberto Palma Gómez Binance, the world’s largest cryptocurrency exchange, has officially appointed Adalberto Palma Gómez, former chairman of Mexico’s National Banking and Securities Commission (CNBV), to its global advisory board. Palma was appointed as CBNV president in November 2018 and resigned in March 2020. After leaving the Mexican Securities Commission, he joined the […]