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Tag Archives: Binance

Number of BSC DeFi Projects Under a DNS Hijack Attack, CZ Binance Warns

PancakeSwap, the largest and most popular decentralized cryptocurrency exchange and automated market maker (AMM) on Binance Smart Chain, might have had its DNS hijacked. Cream Finance is also under attack.In a tweet shared minutes ago, PancakeSwap’s official account revealed that the platform might have had its DNS (Domain Name System) hijacked.Until we are able to confirm this is not the case, do not use the site. We will confirm ASAP. In the meantime, better safe than sorry. – The team...

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CZ Binance: CFTC’s Probe into Binance US is FUD

The world’s leading crypto exchange, Binance, is purportedly being investigated by the US Commodity Futures Trading Commission for allowing residents to trade derivatives without the necessary registration. Although Binance CEO CZ called the development “FUD,” the crypto market reacted with a sudden price drop. Citing people familiar with the matter, Bloomberg reported the CFTC had begun an investigation aiming to determine if Binance has violated any US rules. More specifically, the...

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China’s Social Media App Weibo Reportedly Bans the Accounts of Binance, OKEx, and Huobi

While some Chinese companies have purchased BTC and ETH, others, such as the social media giant Weibo, have reportedly halted the accounts of three of the largest crypto exchanges – Binance, Huobi, and OKEx. Weibo has justified its decision by outlining “abnormal practices” and breaching security risks.Weibo Targets Crypto ExchangesIt may not come as a surprise that a Chinese-based company has a somewhat hostile approach towards the cryptocurrency industry, keeping in mind the country’s...

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Analysts Are Concerned About the Coinbase Premium

Two of the largest cryptocurrency exchanges in the world – Binance and Coinbase – appear to be duking it out over cryptocurrency. The Coinbase Premium Has Got Some People Worried Binance is based in Asia, while Coinbase is in North America. The two territories are arguably fighting over the status of bitcoin and where it goes in the future, and analysts are warning about which platform to work with depending on what the asset’s price will be. Industry heads are...

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Binance CEO: We’re Seeing a Lot More Institutional Investors On Our Platform

Institutional adoption of bitcoin is increasing tenfold, and exchanges are playing a crucial part in garnering these institutions the digital assets they’re so desperate for. Changpeng Zhao – the CEO of Binance, arguably the largest and most popular crypto trading platform in the world – has stated that he’s seeing huge bursts of institutional interest in his company, and that large buys are becoming much more common. Binance Is Seeing Its Clientele Grow Binance came...

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Cheap Polkadot (DOT) at $0.20 Following a Flash Crash on Binance COIN Margined Futures

Polkadot’s DOT went through a major flash crash on Binance’s COIN-margined futures platform which saw its price reduced to $0.20.The past couple of days have been somewhat challenging in the cryptocurrency market, as the entire capitalization saw around $150 billion wiped off.The adverse developments followed Wall Street’s slump as legacy markets suffer throughout the entire week.Meanwhile, Bitcoin’s realized correlation with the S&P 500 sits at a 5-month high which, naturally, reflects...

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First Major Rug Pull on Binance Smart Chain? Over $30 Million Drained

Binance Smart Chain has become somewhat of a hot topic amid DeFi gem seekers in the past few weeks.The network saw an influx of new projects, reminiscing of the early days of the DeFi craziness last summer.In any case, hours ago, the community was shocked earlier today when news broke out that one of the newer protocols, Meerkat Finance, was drained.Meerkat Finance is a yield farming protocol that runs on Binance Smart Chain, and a few hours ago, the team revealed that it was “hacked” and...

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Binance CEO: Ethereum is For The Rich Guys, But Soon They’ll Be Poor

This is Binance Smart Chain’s time to shine, and the Binance CEO CZ knows it and is ready to take advantage of it.The increasing use of DeFi protocols, dApps, and applications built on top of Ethereum, has overloaded the network to the point where its fees are almost unsustainable. Several blockchains are vying to emerge as the new Ethereum killer, and CZ is rooting for BSC as the best option.CZ has been known to be a funny yet respectful guy when it comes to measuring his words. Still, his...

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Binance Smart Chain Daily Transactions Now 70% More Than Ethereum’s

Binance Smart Chain continues to grow as it’s becoming more and more popular among the cryptocurrency community, especially those who are tempted to explore interesting DeFi capabilities on the network. Undoubtedly, the low fees and quicker transaction settlement compared to Ethereum’s blockchain are a strong incentive for a lot of users.BSC Daily Transactions Now 70% More Than Ethereum’sBinance Smart Chain sees an increased number of users getting attracted to it on a daily basis. This is...

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Binance Coin (BNB) Rises to All Time High

Binance Coin had an all-time high of $137'00 4 days ago. Binance Coin price today is $130.42 USD with a 24-hour trading volume of $1,961,442,447 USD. Binance Coin is up 0.10% in the last 24 hours. The current CoinMarketCap ranking is #7, with a market cap of $20,154,626,734 USD. It has a circulating supply of 154,532,785 BNB coins and a max. supply of 170,532,785 BNB coins. The top exchanges for trading in Binance Coin are currently...

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