Summary: Binance has continued to comply with sanctions placed on prominent Russians and associates The exchange has blocked trading accounts linked to relatives of Kremlin officials CZ has confirmed that the exchange has indeed blocked these accounts Binance’s CEO has also clarified that the exchange is ‘against the war, not...
Summary: Binance has announced a one-of-kind partnership with The Weeknd: a famous singer, songwriter, and record producer. The partnership will focus on integrating Web3 into The Weeknd’s ‘After Hours Til Down’ tour. Binance will celebrate the tour’s launch with a $2 million donation to the XO Humanitarian Fund administered by...
Summary: Binance is reportedly looking to fill 500 job vacancies across the world. This is despite the crypto winter activity of other exchanges laying off employees (Gemini) and rescinding offers (Coinbase). CoinGecko Co-founder has questioned the handling of financials by the crypto exchanges carrying out layoffs and rescinding offers. The...
Binance Labs has committed $15 million to web3 gaming startup Xterio. The funds will be used to accelerate Xterio's game development and incubation as well as the launch of its token.
Quick take: Binance is offering staking of BNB and BUSD at 60% and 50% APR respectively The popular exchange has decided to embrace DeFi wholeheartedly Continual focus on DeFi is having a positive impact on the price of Binance Coin (BNB) Earlier today, the crypto exchange of Binance announced that...
In brief: Binance has launched the long-awaited staking of BNB on the trading platform. The DeFi staking of BNB will commence today, August 20th, at 1 pm (UTC). 7-day and 30-day products will be available and participants stand the chance to earn 25% APY on their BNB. The BNB staked...
Summary: The popularity of ChainLink has resulted in Binance launching a quarterly LINK Futures contract. LINK quarterly futures have been listed before the Ethereum’s. This move shows that ChainLink (LINK) is a fan favorite for crypto traders. LINK had earlier dropped below $7 and is now trading at $7.63. The...
Quick take: Binance has launched its official fiat-to-crypto payments provider Known as Bifinity, the platform will be powered by Binance Bifinity has partnered with EQONEX, a Nasdaq listed crypto exchange Bifinity has also partnered with Safepal and Zilliqa to offer fiat on and off-ramp solutions to their user base The...
In brief: Binance has launched a new Mining Pool service. The mining pool will support Proof of Work and Proof of Stake blockchain protocols. However, its first focus will be Bitcoin (BTC). The crypto exchange of Binance continues on its mission of building and providing its loyal users with superior...
Binance has launched its new Bitcoin Dominance perpetual contract, BTCDOM The BTCDOM contract will have a maximum leverage of 25x and use Tether (USDT) as collateral BTCDOM is a cryptocurrency index comparing Bitcoin to the top 20 digital assets on Binance by market cap, excluding stablecoins The BTCDOM index is...
Summary: Binance has announced the launch of zero-fee Bitcoin for 13 spot trading pairs beginning July 8th until further notice. The discounted trading is part of the exchange’s fifth-anniversary celebrations. The 13 Bitcoin pairs are mostly against fiat and stablecoins on the exchange. Binance US also announced zero-fee Bitcoin trading...
