Tag Archives: binance chain

Famous exchange Binance partners with Indian exchange startup WazirX to write code with talented Indians. The alliance gives from $100,000 to $5 million per startup.A huge capital of $50 million is prepared for the smart and talented Indians who wish to bring new code into the industry. Lazy coders devastate many ICO projects, as well as mainstream coins. A cooperative called ‘Blockchain for India’, formed by Binance and WazirX is called to fix the situation. There are hundreds of blockchain...

In their latest blog post, Binance calls itself a “global blockchain ecosystem”. It has recently invested in a blockchain protocol that focuses on data traceability and monetization. However, the amount of the investment currently stays undisclosed.Gin Chao, Binance’s Strategy Officer explained that the Numbers team “has strong technical backgrounds and expertise in building blockchain applications with practical use cases”.“Numbers app is integrated with Binance Chain through Zion, a...

Tuesday, January 21, Binance announces their next project on Binance Launchpad, it’s WazirX. Yes, that is the same they acquired back in November 2019. WazirX is an Indian based cryptocurrency exchange with a native token – WRX. As usual, this IEO takes place in a lottery format where Binance record user Binance Coin (BNB) balances in a specific time period. The exchange will record their user BNB balances for 30 days. To be honest, the lottery is already happening in full swing because...

In what has been seen by many in the crypto space as a win, the open interest of the Bitcoin futures platform Bakkt has reached new all-time highs. Sources indicate that this occurred yesterday and that this shows fresh inflows from new entrants into the Bitcoin marketplace. Twitter’s BakktBot has further put the open interest at $7.02 million which shows strong trading activity on the Intercontinental Exchange-managed platform and also greater liquidity within the Bitcoin futures market in...

Last month in November 2019, crypto exchange Binance joined hands with smartphone manufacturer HTC for a special edition “cryptophone”. Dubbed as the HTC EXODUS 1 – Binance Edition, the handset integrates Binance’s proprietary blockchain network, the Binance Chain with HTC’s own native Zion Vault wallet app.As a result, the handset promises to support Binance’s decentralized exchange (DEX), the BNB token, preloaded DApps, etc. In the latest announcement, Binance has said that the...

Many things have been said about the champions who have been at the forefront of making things happen in the crypto space but not much has been known about them. The list below and the descriptions indicate the biggest companies in the industry not only by valuation and capitalization but also by goodwill and corporate presence both online and offline as well. They shall be listed in no particular order of preference. Ripple (Valuation of about $5 Billion)Many people have heard one way or the...

Binance yet again greets us as “Binancians” and announces a new project called Troy (TROY) on its Binance Launchpad platform. If you have ever participated in a lottery format token sales, then you already know how it is, but if not, let us explain. Binance already started recording user balances on November 3, 2019. Generally, Binance will record user BNB balances until December 3, 2019 (for a whole month), and the final BNB balance will determine the average BNB amount in the user account,...

Ripples’ XRP has been pegged to several cryptocurrency pairs on Binance DEX independently of Ripple‘s Mainnet. Binance CEO Changpeng Zhao indicated this in a tweet:This was suppose to be announced a bit later. But such is the nature of blockchain project, #transparency. Can't hide anything.Well, there you go, #XRP (on chain pegged) on #BinanceChain and @Binance_DEX.Guess which flood gates this opens up? https://t.co/Mxpm5jZCfz— CZ Binance (@cz_binance) October 3, 2019Binance Dex, the platform...