$FTT's Performance 24 hours Following CZ's revelation 13
Summary: Yesterday, Binance CEO Changpeng Zhao revealed that the exchange intends to liquidate its FTT holdings. Putting the solvency of FTX in doubt, sellers have rampaged the FTT market in the last 24 hours. Daily trading volume was at a six-month high without a corresponding price growth. Following Binance CEO...
Binance Removes from Circulation BNB Worth $68M in Latest Coin Burn 19
Quick take: CZ and the team at Binance, have carried out the 13th quarterly BNB coin burn 2,253,888 BNB worth $68 Million has forever been removed from circulation According to the project’s whitepaper, the token burns will continue until only 100 million out of the initial 200 million BNB are...
Binance Smart Chain Integrates ChainLink Oracles, Ventures into DeFi 21
Quick take: The Binance Smart Chain has integrated ChainLink’s Oracle solutions. Real-time data from ChainLink will be used to build DeFi applications on the Binance Chain. This move is beneficial to both projects as well as the value of Binance Coin (BNB) and LINK.   Moments ago, the CEO of Binance,...
Binance to Support Staking of Zilliqa (ZIL) Later this Month 23
Quick take: Binance has been confirmed as the second major crypto exchange to support the staking of ZIL.  The exchange will support the feature later this month.  Staking on KuCoin will commence on the 18th of June.  Zilliqa is now available on the Bitbns exchange.  Staking on the Zilliqa mainnet...
Bitcoin Derivatives Exchanges to Have a Separate Page on Coinmarketcap 25
In brief:  Early this month, Coinmarketcap changed the algorithm used to rank crypto exchanges.  The changes saw Bitmex, ByBit, and Deribit ranked 175th, 177th, and 179th respectively.  The team at Coinmarketcap has explained that a separate page for derivative platforms will be added soon. There is no doubt that the...
Bitfinex Switches all Crypto Information Widgets to CoinGecko 26
In summary: Bitfinex now uses CoinGecko for its crypto information widgets The move was first announced on the 23rd of August by Bitfinex CTO, Paolo Ardoino This was after Mr. Ardoino pointed out that Coinmarketcap accounted for perpetual contracts from selected exchanges The crypto exchange of Bitfinex has officially switched...
BNB Fumbles at $33, Binance Get Sued and More News from the Exchange 27
Quick summary: Binance Coin (BNB) has corrected to the $28 level after a local peak of $33.38 The pullback happened immediately CZ tweeted about the new peak value Bella Protocol (BEL) trading commences today Binance has canceled the listing of BTT/USDT perpetual contract The exchange has listed SWRV, LTCUP, LTCDOWN...