Tag Archives: Binance

Following the launch of its mainnet earlier this summer, Elrond continues with new developments. The company recently introduced a new economic model for its native cryptocurrency and a token swap implemented firstly on Binance that transitioned ERD to the new coin called eGLD in a 1000:1 ratio.Elrond’s Token Swap Implemented On BinanceAs CryptoPotato reported in late July, Elrond launched its mainnet as the company also unveiled the first application utilizing the Elrond blockchain dubbed...

After starting the month of September around the $12k mark, Bitcoin experienced a sharp correction today that crashed it to lows of nearly $1,160 in a matter of hours, erasing the gains of almost five days.Admittedly, a nervousness during the correction was to be expected as several traders adapted their strategies to this sharp move. Still, things got worse when two of the most popular crypto exchanges started to lag.Binance and Coinbase lagging during the crashAt 4 am PDT, Coinbase...

The crypto industry is scrambling to find a solution for the unfeasibly high gas fees that make smaller transactions on the Ethereum network financially unviable. The 2020 DeFi boom and explosion in yield farming platforms have strained the Ethereum network so much that whales and minnows alike are now fighting for block space to get their transactions through.Binance Chain to The Rescue?In a tweet on Tuesday, September 1, Binance CEO Changpeng Zhao hinted at a solution without giving...

YFI has undoubtedly been the best performing cryptocurrency of the past month in terms of pricing.The governance token of Yearn Finance was announced on July 17th by Andre Cronje and has since taken off in a way no one probably expected.What started as a “0 value” token is currently trading at around $36,000 and has become the first altcoin since 2016 to flip Bitcoin’s dollar value. Now, the world’s leading cryptocurrency exchange, Binance, has launched YFI futures contracts, allowing traders...

Yearn Finance, the DeFi protocol that took the entire crypto field by a storm, continues to break new grounds.Its governance token, YFI, suddenly shot up to 77,000 BUSD on Binance in what appears to have been some sort of a mishap.In any case, the cryptocurrency continues to impress as its price already surpassed the all-time high of Bitcoin, peaking at $23,166 against USDT on Binance.YFI Price Touches 77,000 BUSDIn what may have been a costly mistake, the price for YFI against BUSD suddenly...

Crypto fraud, sadly, is running rampant throughout the digital space, and according to a new report, popular crypto exchange Binance – arguably the biggest cryptocurrency trading platform by daily volume – has seemingly been associated with a common form of ransomware known as Ryuk.Binance Is a Central Hub for Ryuk EnforcersRyuk has been around since 2018. Per data from the FBI, the ransomware may be responsible for a minimum of $61 million in theft since it first emerged roughly two years...

Binance, Houbi, and OKEx have revealed that they will support Qtum’s new offline staking feature, enabling users of the world’s largest exchange to earn QTUM rewards simply for hodling.Binance’s decision to support Qtum staking is a significant boost for the smart contract network as it embarks on a new phase in its development. In addition, Coinone, CoinDCX, and Gate.io will be among the exchanges supporting QTUM staking.A wave of applications built on Qtum Chain is expected following a $1M...

This week has been quite the ride on the cryptocurrency markets, and, of course, Bitcoin was in the spotlight, at least for a while.The price started at around $11,700 and stayed there for a few days until Monday when we saw a significant move forward as BTC reached about $12,500. The cryptocurrency community was ecstatic that the coveted $12,000 mark was broken, but unfortunately, the euphoria was shortlived.Just a day later, Bitcoin started dropping and come Wednesday, the price was already...

Bitcoin-Börse Binance expandiert nach Deutschland. Investoren, Experten und Kryptofans fühlen sich an 2017 erinnert. Naht ein erneuter Bullrun? Es scheint so einiges dafür zu sprechen – nicht zuletz der kürzlich verzeichnete Rekord-Traffic auf Binance. Binance-Traffic so hoch wie nie zuvor! Binance ist eine der größten Kryptobörsen der Welt. Der CEO des Unternehmens gab am 17....

Early traders of Polkadot’s new DOT token have come in for an unfortunate surprise, as two prominent exchanges decided to list the token ahead of its “redenomination” despite warnings from the project.The redenomination, due to take place on August 21, will see the new DOT denominated at one-hundredth of the value of the DOT (old), following a community vote. However, the project hasn’t sanctioned any exchange listing before the event on August 21 due to the risks involved.DOT’s Road So...