Tag Archives: Binance

Binance Exchange Backs First-Ever Decentralized Bank in Malta

Binance Exchange Backs First-Ever Decentralized Bank in Malta

Binance, one of the biggest cryptocurrency exchanges in the world, is reportedly among a number of investors backing a decentralized bank to be launched in Malta. Bloomberg reported Thursday that Binance had confirmed it has acquired a 5 percent stake in the so-called Founders Bank at a €133 million euro ($155 million) pre-investment valuation. Founders Bank will have […]

Platform for Enterprise Blockchain Adoption Nets $45 Mln From A16ZCrypto, Binance

Platform for Enterprise Blockchain Adoption Nets $45 Mln From A16ZCrypto, Binance

Blockchain cloud computing platform Oasis Labs announced July 9 that it has raised $45 mln from major investors as part of its plan to help companies adopt blockchain. In a press release, Oasis, which has University of California professor Dawn Song as its CEO and co-founder, described its plans to build a “decentralized internet” by resolving businesses’ “concerns” […]

China Crypto-Whale Li Xiaolai Assaults Binance, TRX, NEO and QTUM in Leaked Audio

China Crypto-Whale Li Xiaolai Assaults Binance, TRX, NEO and QTUM in Leaked Audio

The Great Chinese Crypto-Whale Assaulted Binance, Big.One NEO, TRX and QTUM As if it were the story of Moby Dick frustrating the plans of the Pequod against Ahab, Ishmael and Queequeg; in the same way, the biggest crypto-whale in China “hits” Binance, NEO, TRX, QTUM and Big.One. One of the most important investors in cryptocurrencies, […]

Huobi Launches Australian Exchange Ahead of Blockchain Investment Plans

Huobi Launches Australian Exchange Ahead of Blockchain Investment Plans

Chinese cryptocurrency exchange Huobi has confirmed trading on its new Australian platform begins today, July 5. The exchange is fourth largest in the world as of press time, with $713 million in daily trade volume, according to Coinmarketcap. In an announcement, Huobi, which last week also unveiled its London-based operation serving the European market, said trading pairs would be phased in throughout Thursday from […]

Binance Resumes Suspended Services After ‘Irregular’ SYS Trading Risk Alert

Binance Resumes Suspended Services After ‘Irregular’ SYS Trading Risk Alert

Binance has now resumed services after it announced the suspension of all trading and withdrawals Wednesday, July 3. The temporary suspension was due to an alert over “irregular” Syscoin (SYS) trades “from a number of API users.” Binance subsequently chose to suspend trading, withdrawals and other account functions, as well as to take a series of further measures in order […]

Crypto Markets Budge Little, Bear Trend Shows Scant Signs of Reversal

Crypto Markets Budge Little, Bear Trend Shows Scant Signs of Reversal

Crypto markets are seeing little momentum today, June 28, as data from Coin360 shows, with price fluctuations of within a 2 percent range among all of the major cryptocurrencies. Market visualization from Coin360 Bitcoin (BTC) is trading around $6,099 at press time, down just a fraction of a percentage point over the 24-hour period. Earlier this week, on June 24, BTC […]

Exclusive: Binance Set to Launch Its First Crypto-Fiat Exchange in Uganda

Exclusive: Binance Set to Launch Its First Crypto-Fiat Exchange in Uganda

Changpeng Zhao, the CEO and founder of Binance, said the company is about to launch a crypto-fiat exchange in Uganda, in an exclusive interview with Cointelegraph today, June 28. The new platform, Binance Uganda, will be the company’s first foray into fiat-crypto trading – supporting the Ugandan Shilling, alongside major cryptocurrencies – and is set to launch […]

Crypto Markets See More Red as Prices Slump Downwards

Crypto Markets See More Red as Prices Slump Downwards

The crypto markets continue their slump today, June 26, with most of the coins on Coin360seeing red. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,205, down around 1 percent over a 24 hour period to press time. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Stablecoin Tether’s release of 250 million tokens yesterday, June 25 had prompted some on Twitter […]