Crypto EcoBlog
Within 10 days, Binance will announce a new product dubbed ‘Binance Cloud’. There was also a job announcement on Binance called for a Senior Cloud Engineer, indicating that the company is looking into the cloud and perhaps even a decentralized one.In a revealing ‘Ask Me Anything’ (AMA) the CEO of Binance Changpeng Zhao hinted at a new line for the major cryptocurrency exchange under his guidance. Even though Zhao did not reveal much, he did say that in the next 10 days, they will be ready to...
Read More »Binance Gets Former TradingView’s COO as New Director of Fiat, Europe and CIS
Cryptocurrency exchange Binance has announced it hired Iskander Malikov, a former TradingView COO, as new Director of Fiat, Europe and CIS at the exchange. He will focus on establishing new fiat-to-crypto channels for Binance.One of the world’s largest cryptocurrency exchanges Binance announced it is planning to further boost its fiat-to-crypto entrances by hiring a former TradingView executive.Iskander Malikov, who previously served as a chief operating officer a TradingView, decided to join...
Read More »Binance Futures Will Launch BNB/USDT Perpetual Contract to Allow Risky 50x Leverage
Binance is implementing the new BNB/USDT perpetual contract feature. The trading launch is scheduled for 10.02.2020, 08:00 AM (UTC).Binance will leave the traders with no chance of performing manipulations. In the first 15 minutes of the new contract trades, a 1% pricing limit will focus on the marked price. Since now, BNB holdings are updating themselves according to the new Futures account calculation scheme. Its the sum of the Binance Coin balance’s hourly snapshots of Futures balances,...
Read More »Binance Partners With Settle Network To Launch Fiat Gateway Platform In Latin America
The world’s largest cryptocurrency exchange by volume, Binance, is expanding its services in Latin America. By partnering with a major digital assets settlement network, Binance will launch a new platform called Latamex. It will allow direct fiat purchases of cryptocurrencies for Latin America on its website.Binance Gateway In Latin AmericaBinance is set to launch a fiat gateway platform, called Latamex, specifically designed for the Latin American market. It will allow users to purchase...
Read More »Is Binance Bidding For Lichtenstein Union Bank? Binance CFO Denies
Leading cryptocurrency exchange, Binance is in the news again, and this time, the exchange is reportedly in talks with representatives of Vaduz Privatbank Union, also known as Union Bank AG (UBAG) to acquire a stake at the Lichtenstein-based financial institution which is at the verge of liquidation.Recent reports from InsideParadePlatz local news media reveal that the Liechtenstein Financial Supervisory Authority has ordered the bank with tough deadlines for its shareholders to “meet certain...
Read More »Who Wants Bitcoin For $680? A Sudden Flash Crash On Binance USDS Market Sank BTC Price
The largest cryptocurrency, Bitcoin, went through a sudden flash crash on the world’s most popular platform, Binance. The price lost a tremendous chunk of its value, going down to as low as $680 in an instant. It happened with the BTC/USDS trading pair, and it allowed those who had placed low orders to have them filled during the recovery, which came just as quickly.Bitcoin At $680 In A Flash CrashVolatility in the cryptocurrency market is not something unexpected. Just on the contrary – it’s...
Read More »Binance Lists its Compliant USD-backed Stablecoin BUSD
Binance, the global cryptocurrency exchange and blockchain ecosystem, today announced the launch date of BUSD, a fully compliant USD-denominated stablecoin, as the week of September 16, 2019; and will add BUSD trading pairs on the same day. The launch date and new listing was jointly announced by Binance CFO Wei Zhou and Richmond Teo, Co-Founder and CEO Asia of Paxos Trust Company at Invest: Asia in Singapore, providing more stablecoin trading options for Binance users.Wei Zhou, Chief...
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