Tag Archives: Changpeng Zhao (CZ Binance)

2020 has been a tumultuous year for the cryptocurrency market so far. Starting off great in the first couple of months, prices collapsed mid-March, largely because of fears induced by the spread of the novel coronavirus (COVID-19).In any case, there is one digital currency that seems to be particularly overlooked and that’s Binance Coin – the native cryptocurrency of the world’s leading crypto exchange and arguably the most active contributor to the industry, in general.Binance Coin (BNB)...

FTX derivatives exchange launched early 2019 with more than $400 million worth of daily trading volume, has recently announced plans for a new product: the BVOL tokens, which will be available to non-U.S. users. The new tokens are ERC20-based tokens that attempt to track the volatility of the crypto markets through exposure to the FTX MOVE contracts that represent the absolute value of the amount Bitcoin (BTC) moves over daily, weekly and quarterly periods. The new tokens aim to become the...

Binance, the world’s leading cryptocurrency exchange, launched Bitcoin options on its Binance Futures trading platform. At the time of this writing, the feature is only available on the platform’s mobile versions available for both Android and iOS.Bitcoin Options On Binance FuturesBinance Futures is where the users of the platform can place highly-leveraged cryptocurrency trades. Now, the team has also added Bitcoin options, allowing its users to access additional tools to better manage their...

China has always been in the spotlight when it comes to cryptocurrencies, despite the country’s controversial legislation on the matter.Last year, President Xi Jinping urged for further investments in blockchain-based technology, causing Bitcoin to mark an increase upwards of 40% in less than 24 hours. Now, however, regulations seem to be tightening up, and this will cause some changes in the cryptocurrency landscape, according to Changpeng Zhao, CEO at Binance.Cryptocurrency Operators To...

After days of rumors within the community, the long-anticipated deal between Binance and CoinMarketCap has been officially announced. The company behind the leading cryptocurrency exchange by volume and users has acquired the popular data tracking website for an undisclosed sum.Binance Acquires CoinMarketCapBinance announced the news earlier today in a press release shared with CryptoPotato. According to the document, both companies will “together pursue their common vision of making crypto...

The leading cryptocurrency exchange by volume, Binance, will soon release a cryptocurrency debit card. Dubbed Binance Card, it will allow users to fund it via a designated app and make payments to over 46 million merchants with Bitcoin and BNB.Binance Card To Launch SoonThe popular cryptocurrency exchange announced its newest product earlier today. Binance Card’s mission will be to eliminate the necessity to convert digital assets into fiat to make simple payments:“No longer will you need to...

The leading cryptocurrency exchange by volume, Binance, enters a new partnership with Brave Software. As a result, the users of the Brave browser will be able to seamlessly operate with cryptocurrency assets directly through a new on-browser feature called Binance widget.Binance Partners With BraveThe two companies announced the collaboration in a press release shared with CryptoPotato. It informed that the popular cryptocurrency exchange will have a specially-designed widget on the tab page...

Leading cryptocurrency exchange, Binance has suspended almost all of its services, including trading, withdrawal, and deposits, to conduct unscheduled system maintenance, according to an official announcement from the exchange. The message on Binance, as of writing these linesBinance Futures Not AffectedAs per the notice, the services that have been paused are “deposits, withdrawals, spot trading, margin trading, P2P trading, lending, redemption, as well as asset transfers from sub-accounts,...

Changpeng Zhao, the CEO of Binance, has confirmed that his company applied for an operating license in Singapore. This comes less than a month since the Asian country introduced a comprehensive regulation for businesses dealing with digital assets.Binance Applies For License in SingaporeThe largest cryptocurrency exchange by trading volume has applied for an operating license in Singapore. Binance CEO, CZ, confirmed the news in a phone interview with Bloomberg. He said that the local...

The world’s leading cryptocurrency exchange has just announced its intentions to launch the BNB/USDT perpetual contract. This will essentially enable users to short BNB. Up until now, they only had the option to trade BNB on the regular spot exchange.Short BNB With 50X LeverageIn what seems to be a very interesting move, Binance has just announced that it will launch another perpetual contract to its futures platform. This time, however, the cryptocurrency exchange is launching its native...