Binance CEO Changpeng Zhao recently revealed that his company plans to make investments into several bank. By becoming a minority investors, the exchange will try to guide the banks towards crypto friendly policies.
Quick take: Binance Smart Chain has grown at a rapid pace since its launch last year A total of $4.325 Billion is now locked on the Binance Smart Chain 22.222 Million Binance Coin (BNB) is locked in the various DApps Venus, PancakeSwap, Autofarm dominate in the total value locked on...
Binance USD (BUSD) is now ranked 10th on Coinmarketcap Binance USD’s market cap has exceeded $11 Billion There are now three stablecoins in the top 10 rankings according to market cap The use of Binance USD in DeFi is gaining popularity The Binance USD (BUSD) stablecoin is now a top...
The D.C. District Court has summoned Binance CEO Changpeng Zhao in relation with the lawsuit filed against him by the SEC. Zhao has 21 days to respond to the complaint, failing which a default judgement will be entered against him.
The BNB chain will undergo a temporary patch update in the form of a hard fork on October 12. The hard fork has been described as a temporary fix for its recent $100 million exploit. The Binance smart chain is gearing up to execute a new hard fork dubbed Moran...
In brief: Binance Smart Chain had a higher number of unique active wallets than Ethereum in Q1 of 2021 Several Dapps plan on moving to BSC from Ethereum and could mean a bigger gap in Q2 Total value locked on BSC DeFi applications grew by 30x in one quarter However,...
Summary: On 5 November, BNB clinched a new all-time high in its social contributors, social mentions, and social engagements. The rally in social activity is connected to its price rally in the last month. While the price might be up now, there are signs that a price reversal might be...
Binance US' banking partners have expressed their intention to suspend fiat (USD) withdrawals as soon as June 13, 2023. The crypto exchange has decided to suspend USD deposits today.
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.
Binance has resumed Bitcoin withdrawals in its trading platform. BTC withdrawals were suspended earlier today following congestion in the Bitcoin network.
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...
