In a recent press release addressing its Nigerian customers, major crypto exchange Binance distanced itself from the rumored currency speculation that is putting downward pressure on the already weak naira. The development comes amid reports of the cryptocurrency exchange earlier placing a cap on USDT sales on its peer-to-peer (P2P) marketplace. Binance Reportedly Under Scrutiny in Nigeria Binance traders in Nigeria on Tuesday, Feb. 20, complained that they were unable to buy...
Read More »Important Binance Announcement Affecting Controversial Ethereum Pairs
TL;DR Binance will discontinue support for specific leveraged token pairs, converting any held by users into USDT. The move is part of the company’s ongoing effort to refine its product offerings. The world’s largest cryptocurrency exchange – Binance – announced it will cease support for the following leveraged token pairs: BNBUP/USDT, BNBDOWN/USDT, ETHUP/USDT, ETHDOWN/USDT, BTCUP/USDT, and BTCDOWN/USDT by April 3. Trading and subscription options for the affected tokens...
Read More »Binance Lists Pixels (PIXEL), Launching with USDT, BTC, BNB Pairs
[unable to retrieve full-text content]CoinspeakerBinance Lists Pixels (PIXEL), Launching with USDT, BTC, BNB Pairs The PIXEL token is now available on Binance, with a total supply of 5 billion tokens, after the free game raised nearly $5 million. Binance Lists Pixels (PIXEL), Launching with USDT, BTC, BNB Pairs
Read More »Binance Futures to Roll Out BRC-20 Token ORDI Perpetual Contracts with USDC-Margined Trades
[unable to retrieve full-text content]CoinspeakerBinance Futures to Roll Out BRC-20 Token ORDI Perpetual Contracts with USDC-Margined Trades The ORDI BRC-20 Perpetual Contracts will operate in the Multi-Asset Mode. This mode allows investors to trade the futures contracts across multiple margin crypto assets. Binance Futures to Roll Out BRC-20 Token ORDI Perpetual Contracts with USDC-Margined Trades
Read More »FCA Sounds Alarm on Crypto Promotions: 450 Alerts Issued in 3 Months
The Financial Conduct Authority (FCA) has issued 450 warnings to companies unlawfully promoting cryptocurrency assets from October 8, 2023, to December 31, 2023. The regulatory agency is currently collaborating with technology firms to eliminate and block unauthorized advertisements across various platforms like websites, mobile apps, and social media accounts. This effort led to the removal of 35 apps from App Stores by the end of December 2023. FCA Battles Illegal Crypto...
Read More »Binance Labs Announces First Batch of Investments in Season 6 Incubation Program
[unable to retrieve full-text content]CoinspeakerBinance Labs Announces First Batch of Investments in Season 6 Incubation Program Of 12 projects announced to participate in sixth season of Binance Labs' incubation program, three have been selected as the first batch. Binance Labs Announces First Batch of Investments in Season 6 Incubation Program
Read More »FDUSD Trading Pairs Dominate on Binance
[unable to retrieve full-text content]CoinspeakerFDUSD Trading Pairs Dominate on Binance FDUSD trading pairs have reached a new milestone just weeks before all BUSD balances will be converted to FDUSD. FDUSD Trading Pairs Dominate on Binance
Read More »Binance Adds 24 New dApps on Binance Web3 Wallet
[unable to retrieve full-text content]CoinspeakerBinance Adds 24 New dApps on Binance Web3 Wallet The Binance Web3 Wallet strives to simplify users' experience and convenience as they transition between CeFi and DeFi with extra options on the DeFi side. Binance Adds 24 New dApps on Binance Web3 Wallet
Read More »This is Why Pandora’s Price Soared by 35% in the Past 24 Hours
Pandora has witnessed a remarkable surge of over 30% in the last 24 hours amid a broader market resurgence. This increase can be attributed to recent announcements by crypto wallets from renowned exchanges like Binance and OKX, which emphasized the inclusion of support for the ERC-404 token standard. The ERC-404 Token Standard Based on data from CoinGecko, the Pandora token peaked at $32,427 today, marking a 35% increase in the past 24 hours. Its current trading price is...
Read More »DeFi Protocol Pendle Finance Inches Closer to $1B Total Value Locked
[unable to retrieve full-text content]CoinspeakerDeFi Protocol Pendle Finance Inches Closer to $1B Total Value Locked With its innovative approach to yield generation, Pendle has emerged as a beacon of innovation within the DeFi landscape. DeFi Protocol Pendle Finance Inches Closer to $1B Total Value Locked
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