Tag: binance
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Binance faces criticism for launching Swastika
On Wednesday( April 20), Changpeng Zhao (CZ), CEO of Binance , the world’s largest cryptocurrency exchange, retweeted the exchange’s Twitter post. CZ posted the hashtag #binance to show off the newly released emoji. However, users immediately noticed the similarity between this emoji and the Swastika symbol. (*Swastika: swastika symbol. When referring to the swastika symbol on […]
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WHAT IS BUSD? How does BUSD work?
What is BUSD? BUSD is a combination of Binance (B) and U.S. dollars (USD) to create a new stablecoin called Binance USD, also known as BUSD. Binance USD (BUSD) is a stable currency secured by fiat currency, anchored at a rate of 1:1 against the USD and issued by Binance (in partnership with Paxos), approved and […]
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Binance recovers $5.8 million from Ronin Bridge hack
Binance shows support Axie Infinity’s Ronin Network hack in March resulted in the loss of about 173,000 ETH and $25.5 million. CZ, ceo of Binance, said on April 22 that the hackers, “Lazarus Group” distributed the stolen funds on 86 Binance accounts. The hacker organization is also believed to have hacked various cryptocurrency platforms last […]
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Binance denies allegedly sharing Russian users’ data
Binance, a major global cryptocurrency exchange, has vehemently denied helping Russian authorities track donations to the opposition, in response to an investigation published by Reuters on April 22 According to Reuters, last April Gleb Kostarev, head of Binance in Eastern U and Russia, met with Russia’s anti-money laundering agency, Rosfinmonitoring (Rosfin). Kostarev “endorsed Rosfin’s request […]
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What is Filecoin? How does Filecoin work?
What is Filecoin (FIL)? Filecoin is a decentralized storage network, designed to store important user information, anyone can buy storage space on the network. Instead of just trusting a company with important data, it can be broken down and stored on different computers around the world. Filecoin was first introduced in 2014 when Juan Benet […]
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4 Fastest Ways to Buy Coins on Binance
How to buy coins on Binance P2P You can find out details about P2P here. Step 1: Log in to your Binance account and click [Buy Now] on the homepage. Step 2: Enter the amount of fiat you want to spend and the system will automatically show the amount of cryptocurrency you can get. Click […]
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Binance issues crypto cards to Ukrainian refugees
Binance’s side announced that it is working to provide refugees affected by the Ukraine conflict with a way of exchanging cryptocurrencies as well as making purchases within the European Economic Area (EEA). The coordinating parties include European banking platforms such as Contis, non-profit organizations Rotary and Palianytsia. Binance’s cryptocurrency card issuance action is intended to […]
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What is Polygon (MATIC)? How does polygon work?
What is Polygon (Matic Network)? Polygon is the answer to some of the major challenges Ethereum faces such as high fees, poor user experience, and low transaction throughput. The platform aims to create “Ethereum’s blockchain network” – that is, the multi-chain ecosystem of blockchains compatible with Ethereum. To achieve this, they offer an easy-to-use framework […]
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What is Initial DEX Offering (IDO)? What’s the future of the IDO?
What is an Initial DEX Offering (IDO)? The Initial DEX Offering, also known as IDO, is a new approach to the crypto fundraising that projects raise funds from decentralized communities to attracts investors into their ecosystem. To put it simply, Initial DEX Offering means that a project launches a coin or token via a decentralized […]
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How to sell USDT on Binance
Note Read an overview of cryptocurrency trading via Binance P2P You should sell USDT on Binance website for trading conveniently. We know it will be a bit difficult if you are a newbie to crypto market. This WikiBinance article will help you understand how to sell USDT on Binance Step 1: On Binance homepage, select [Buy […]
