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Tag Archives: Binance

Binance Futures Platform Suffers 3% Flash Crash amid Market Maker’s Error

Binance CEO CZ has retracted accusations that a sudden 3% flash crash was deliberately and maliciously executed by a market maker. | Credit: Shutterstock.com Earlier today, Binance’s futures platform suffered a flash crash of nearly 3 percent in a matter of just seconds. Initially, Binance CEO Changpeng Zhou (CZ) took to Twitter to announce that the flash crash had...

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Ethereum Classic has Successfully Completed the Atlantis Hard Fork

Photo: ShutterstockEthereum Classic has completed its long-awaited hard fork named Atlantis. The network hard forked at block height 8,772,000 and implemented new upgrades to the blockchain.The #EthereumClassic network successfully upgraded today on block 8,772,000. This upgrade, nicknamed “Atlantis”, includes features on #SpuriousDragon and #Byzantium EIPs from the #Ethereum blockchain.https://t.co/lKHgphlNU9 via @MyEtherplan— Ethereum Classic (@eth_classic) September 12, 2019As Coindesk...

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Binance.US to Open Deposits in One Week

Cryptocurrency exchange Binance set to launch U.S. operations imminently. | Source: REUTERS / Darrin Zammit Lupi Binance.US has announced that it will begin processing account registration applications and accepting cryptocurrency deposits from Sep. 18 at 8 am EDT. After users have signed up and selected their desired tier of verification, they will be able to deposit bitcoin (BTC), ethereum, (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), and tether (USDT) to their wallets. The...

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Binance Will List Its Binance USD (BUSD) Stablecoin Next Week

The guys at Binance have decided to make things work this time. Their partnership with Paxos Trust is finally going to pay off due to the launch of the token BUSD which is now expected to be listed on the Binance platform next week, as the official press release reads.This was announced today by the Chief Financial Officer of Binance Wei Zhou and the Co-founder and CEO Asia of Paxos Trust Company Richard Teo at the Invest Asia event in Singapore. Wei Zhou excited at the news said:“Launching a...

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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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Binance US Set to Open Its Doors Next Week

Photo: BinanceCryptocurrency exchange Binance has already finished the total setup for operations in the United States. In a post on their official medium handle, Binance US using the domain name: binance.us gave the required steps that will ensure users based in the United States get to operate the platform.Binance pulled out of the United States due to uncertainty in the regulatory environment and the US government’s recent anti-crypto stance.The United States Operates by a Different Set...

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Binance’ New Futures Trading Platform Hits All-Time High of $150M in Daily Trading Volume

Leading Cryptocurrency exchange Binance recently launched its Tether (USDT) backed futures trading platform. The platform which is still in the early testing phase is available by invitation only. A Reddit post indicates that the platform has already reached an all-time high of $150 million within the past twenty-four hours. The futures platform covers only the USDT/BTC platform at this time.This comes after Binances’ announcement of the creation of the testnet for the futures platform...

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Binance Futures Officially Launched, Announces CEO Changpeng Zhao

On Monday, September 9, Binance CEO Changpeng Zhao announced the official launch of Binance Futures. To get an early idea of the market before launch, Binance unveiled its crypto futures testnet last week. The futures testnet was available for a period of five days and launched on two platforms Futures A and Futures B.The two platforms were pitched against each other to see which one performs better. Binance’s own development team created the Futures A platform whereas Binance’s crypto...

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Why Binance Coin Is Headlining the Crypto Market Resurgence

Binance Coin has surged twice as fast as any other cryptocurrency over the past year, including bitcoin. Here's why BNB is leading the pack. | Source: REUTERS / Darrin Zammit LupiBinance Coin suffered one of its worst losses this year on May 7th after hackers took off with 7,000 bitcoins. The heist cost cryptocurrency exchange giant Binance a total of $40 million.Four months later, it appears that everyone has forgotten about the security breach. Binance is just as popular as ever, and its...

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Binance & BitMEX Kiss and Make Up After Plagiarism Accusation

BitMEX accuses Binance of plagiarism, but it's not long before the two bitcoin exchange giants kiss and make up on Crypto Twitter. | Source: Reuters (i), Distributed/YouTube (ii). Image Edited by CCN.Binance and BitMEX shared a social media bro hug after the latter publicly accused its fellow cryptocurrency exchange of plagiarizing documentation featured in its recently-launched crypto derivatives testnet.On Wednesday, the BitMEX Twitter account ribbed Binance over its testnet launch,...

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