Category: News
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Changpeng Zhao says Binance didn’t buy $2 billion bitcoin dip
This morning, CEO Changpeng Zhao said Binance did not buy Bitcoin worth $2 billion as the media reported over the weekend. At least two news sites have accused Binance of buying dips and raking in about 101,266 Bitcoins, citing movements to the Binance cold wallet. In response to the rumors, Changpeng Zhao confirmed: “The report […]
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Binance sign up on mobile phone
Even though Binance is the largest cryptocurrency exchange, many people don’t know how to register Binance account. The article below will show you how to sign up for Binance on your phone which help you to start your investment journey. Note: Since Binance updates its privacy policy, identity verification is required as soon as you create […]
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Bear market doesn’t affect Binance Labs’ DeFi incubator program
Binance Labs, the venture capital and incubator arm of cryptocurrency exchange Binance, continues its business as usual, despite the ongoing bear market. Launch the next part of the incubation program The VC company is preparing to launch the fifth round of the Most Valuable Builder Accelerator (MVB) program, an incubator program designed to support new […]
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Latest updates on Nuls network issues (NULS)
Following the attack on the network’s API service on January 18, 2022, Binance announced that it had completed the replacement of the wallet address for Nuls network users (NULS).” At the same time, Binance has continued to send money and withdraw money on the Nuls network (NULS). Risk warning: Cryptocurrency trading is high-risk market activity. […]
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Binance Pay integrates Splyt ride-hailing services
Binance, the world’s largest cryptocurrency exchange by volume, will now become the first to offer ride-hailing services on its platform. Users can book ride-hailing services and experiences, then pay with their preferred cryptocurrency. Without having to download multiple apps or remember some usernames and passwords, super app users can access seamlessly and complete transactions with […]
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Binance CEO will take advantage of cryptocurrency winter
Binance CEO Changpeng Zhao, often referred to as “CZ,” said in a recent interview that a potential cryptocurrency winter is great for business. When asked how Binance will perform during the current cryptocurrency winter after reports of hiring were frozen at Gemini and Coinbase, he responded confidently. “This is not the first time we’ve experienced […]
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Binance updates Bitcoin withdrawal after pause
Discontinuation of bitcoin withdrawal from Binance due to overbooked trading on June 13 On the evening of June 13, through its official Twitter account, Changpeng Zhao, CEO of the world’s largest cryptocurrency trading platform, Binance announced that it would stop supporting Bitcoin withdrawals immediately. “Halting the withdrawal of Bitcoin (BTC) from Binance due to blocked […]
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Binance.US sued for misleading investors about Terra
Binance.US was indicted for misleading investors about the Terra blockchain ecosystem in a class-action lawsuit filed Monday in Northern California. Binance faces class-action lawsuit over Terra Now, more than 2,000 Terra investors say Binance’s misleading ads are the cause of their loss of money. In a class-action lawsuit filed on Monday in Northern California, the […]
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Binance CEO responds to SEC’s BNB investigation
Binance founder and CEO Changpeng “CZ” Zhao said the Securities and Exchange Commission (SEC) has questioned the BNB token but the exchange has yet to be subpoenaed. Earlier this month, Bloomberg reported that the SEC is investigating whether BNB is eligible to constitute an unregistered Securities category. CZ told an audience at CoinDesk’s Consensus 2022 […]
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Washington drafts legislation to raise electricity prices
Bitcoin mining requires higher electricity consumption than any other consumer activity. The Commissioners of the Public District (PUD) passed a bill this week to charge Bitcoin miners in Chelan County, Washington. As reported by 560 KPQs on June 8, the approved bill relates to the initiative to raise electricity prices by 29% for Bitcoin mining. […]
