The U.S. court has reportedly dismissed the law case for $150 million against the popular cryptocurrency derivatives exchange, FTX. The initial reasoning behind the lawsuit was market manipulation and unlicensed securities sales, but the court has not found any solid grounds to continue with the lawsuit. Cryptocurrency Exchange FTX Exonerated Earlier this year, the cryptocurrency Read more…
Crypto exchange giant, Binance, recently published its monthly review which highlights that trading dominance for bitcoin has held above 40% for five consecutive months on the platform. Bitcoin Trading Dominance High According to Binance Research, bitcoin trading dominance represents the respective volume contribution from bitcoin trading, with it as a base currency, relative to the Read more…
Yesterday, Binance announced support for three additional fiat currencies thanks to a new partnership with Advcash. Advcash, or Advanced Cash, is a payment platform that combines prepaid cards, crypto, and fiat features. It has e-wallets in multiple currencies, which allow for easy withdrawals and deposits, regardless of nationality. Binance Expands its Selection of Supported Fiat Read more…
Binance DEX will now be available on the Trezor wallet, opening a new doorway for trading crypto assets. This also expands the presence of Binance as a hub for all crypto-related services. Crypto Users Control Their Private Keys Trezor offers both an agile access to multiple crypto assets, and a hub to control the hardware Read more…
Crypto exchange Binance has taken some major steps in setting new standards for cryptocurrency services. Adding support for the Ukrainian national currency, signing a memorandum of understanding (MOU) with the Ukrainian government, and implementing a cryptographic protocol for distributed key generation and signing – these are only a few achievements of the company led by Read more…
Binance CEO, Changpeng Zhao, has moved boldly with another prediction. This time, seeing Bitcoin hit $16,000 soon. CZ Among Top Bitcoin Influencers Binance’s CEO has been one of the most influential voices in crypto, though not without critics and detractors. But CZ remains bullish on his Twitter channel, recently making a prediction for BTC to Read more…
The announcement that the world’s top crypto exchange had opened two new fiat on-ramps for China was bullish for overall adoption prospects. However, as expected the pressure of Beijing has been too much for the platforms which have already stated they will not tolerate crypto payments. China Still Hates Crypto One hand gives and the Read more…
Binance yesterday announced the Chinese launch of its P2P trading service, with the slug-line, ‘anything that makes it easier to get crypto’. One thing it didn’t announce, but head honcho, CZ, later confirmed on Twitter, was the addition of fiat on-ramps via WeChat and Alipay. Easier to get crypto, indeed. Binance Focuses on China Market The launch of Read more…
Malta-based Binance, various developments seem to have no impact on the price of the exchange’s native cryptocurrency BNB as it was seen falling by 3.09 %, at press time. Just last week, the coin plummeted to a low of $15.12 and hit a six month low. The eighth-largest cryptocurrency by market was valued at $15.28 […]
Binance, one of the largest standing crypto exchange, has been the leading the crypto mass adoption through its ever-increasing plethora of investment offerings. Joining the list is the new Binance Skating platform, which will serve as a as a value-added service to Binance users. According to the official announcement, “With Staking, Binance users will be […]
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