The news recently got a splash because of the Twitter user reporting transaction censorship. Binance Singapore froze his money because he was sending them to a Wasabi Wallet.CZ Answers on Espionage Allegations by Twitter CrowdsChangpeng pointed out that there are lots of comments on Twitter under the post about a frozen payment. It shows that people still do not understand how the exchange regulation works, while its a broad topic. In terms of AML procedures, the exchange is obliged to...
Read More »Matic Price Drop Looks Like Binance’s Inside Job, Researchers Say
The Matic token was rising steadily during a two weeks long period and people were buying it without thinking of the possible massive price drop. However, as Coinspeaker has already reported, it happened. The project seemed successful from the start, and the investors who bought large amounts must be shocked right now. As their investments vanished and the Matic’s official response is kind of shady.Crypto. The stuff of dreams and nightmares. $MATIC was up 180% in two weeks before crashing 70%...
Read More »Binance Announces $100 Reward in BNB for Purchasing HTC EXODUS 1 – Binance Edition
Last month in November 2019, crypto exchange Binance joined hands with smartphone manufacturer HTC for a special edition “cryptophone”. Dubbed as the HTC EXODUS 1 – Binance Edition, the handset integrates Binance’s proprietary blockchain network, the Binance Chain with HTC’s own native Zion Vault wallet app.As a result, the handset promises to support Binance’s decentralized exchange (DEX), the BNB token, preloaded DApps, etc. In the latest announcement, Binance has said that the...
Read More »Binance Acquires Decentralized Blockchain Startup DappReview for Undisclosed Amount
“By working with Binance X [the company’s developer network] and Launchpad, DappReview will bring in more talented Dapp developers and assist promising Dapp projects on fund-raising. A lot more exciting synergies with Trust Wallet, Binance Research, etc. DappReview will partner with the public chains and protocols in the Dapp space through Binance’s ecosystem.”Niu further added that by Q1 2020, DappReview is planning to release a new set of analytical tools and products. Besides, this...
Read More »Bitcoin Price Dropped below $7,000 as South Korea’s Upbit Exchange Confirms Hacker Attack
Earlier today, news of a possible hack on one of South Korea’s biggest cryptocurrency exchange platforms Upbit made the rounds. Reports had it that the exchange’s customers were confused because they noticed quite a few irregularities with their accounts including the inability to transfer funds. In a recent publication, Upbit has now confirmed that a large and unauthorized amount of funds was moved to an unknown wallet.It’s also worth mentioning that this news has negatively influenced the...
Read More »Binance Refutes any Rumors of Police Raid on Its Shanghai Office
The rumor in the air has been that Binance has shutdown its Shanghai following a police raid. On Thursday, November 23, several online publications including CoinSpeaker reported that Binance has relocated its 100-member Shanghai team to other offices in Singapore.The report also states that Binance has planned to shut down its Shanghai office completely. Furthermore, it added that Binance CEO and founder Changpeng Zhao and the company’s Chief Marketing Officer (CMO) Yi He, have already moved...
Read More »‘Bitcoin Price Will Reach $16k Soon as 1.4B People Are Working On It,’ Says Binance’s CZ
Growth in the crypto market is almost always measured by price trajectories and the likelihood that an asset would find adoption, consequently increasing its price. With Bitcoin being the asset with the largest market cap and consequently the highest priced and strongest market dominance, the cryptosphere is almost always waiting for a Bitcoin price surge.In the midst of all the bullish predictions that usually trail Bitcoin, Changpeng Zhao who is the CEO of the world’s largest crypto...
Read More »Binance Plans to Add Support for Fiat Currencies of Kazakhstan and Ukraine
In an expansion of its market offerings, indications have emerged that premier cryptocurrency exchange Binance is set to add support for crypto-fiat exchange for the Kazakh and Ukrainian currencies. This comes after the recent addition of support for Nigeria’s currency the Naira which was done in partnership with Flutterwave which is a Nigerian payment gateway based both in Nigeria and the United States.Moreover, it’s worth mentioning that Binance also added the Russian Ruble to the row of...
Read More »Justin Sun Teases $100B Partnership with Megacorporation and Says TRX Is to Take 4th Place
TRON founder and BitTorrent CEO Justin Sun has announced a teaser to whet appetites in the TRON community about an announcement from him and the TRON foundation before October completely runs out. Taking to Twitter to post the teaser, Sun announced that TRON will enter into a partnership by next week, with a “hundred billion USD megacorporation.”#TRON will partner with a hundred billion USD megacorporation next week. It will not only benefit $TRX but all TRC10&20 tokens including $BTT...
Read More »Binance Launches Support for Nigerian Naira in Partnership with Flutterwave
Photo: Binance / TwitterBinance, easily the world’s largest cryptocurrency exchange platform, has announced today that it has opened deposits for users in Nigeria, to easily trade cryptocurrencies, using the Nigerian Naira (NGN). Binance has stated that deposits are immediately open for users to directly use the NGN to buy and sell select digital assets. This new feature was made possible through a partnership with the Nigerian payment technology company, Flutterwave.According to an...
Read More »