Binance

In the world of cryptocurrencies, the allure of obtaining digital assets at no cost is a powerful draw. Airdrops, a concept as intriguing as it sounds, serve as one of the primary methods through which crypto projects distribute their tokens freely to a broad audience. These events not only enrich individual portfolios but also enhance the token’s distribution and visibility across the market. However, as the crypto landscape evolves, so too do the methods of engaging users and distributing tokens.…

Binance CEO Richard Teng has advocated for the release of Tigran Gambaryan, head of the crypto exchange’s Financial Crime Compliance team, who has been detained by the Nigerian government for over 70 days. Gambaryan reportedly flew to the country in February for talks on collaborative policy meetings, only to be detained later. This move by the Nigerian authorities has set a dangerous new precedent for all companies worldwide, Teng said in his statement. Arrest of Executives Sets Dangerous Precedent In…

Many of the altcoins have been hammered during this current crypto market correction. That said, the altcoin that has held up the best is probably $BNB.  During a period of maybe 3 months in 2023, Binance Coin (BNB) teetered on the edge of a catastrophic fall in price that could have led to possible extinction. Less than a year later, the price of $BNB has recovered to such an extent that even in the current crypto market correction, it is…

The post Tigran Detained!? Binance CEO Demands Release of Employee in Nigeria appeared first on Coinpedia Fintech News Binance Holdings Ltd. CEO Richard Teng has taken a bold stance, demanding the release of Tigran Gambaryan, detained by the Nigerian government for over 70 days. Teng asserts Gambaryan’s innocence, calling the detention a scapegoat strategy.Newly discovered information suggests that Nigerian officials tried to force Binance representatives into a secret cryptocurrency settlement during meetings in early 2024. In a strongly worded blog…

The post Binance to Delist 6 Trading Pairs; Ends Some Contracts appeared first on Coinpedia Fintech News Binance, the world’s largest crypto exchange, has announced the delisting of six tradingpairs. The STPTUSDT, SNTUSDT, and MBLUSDT are set to be closed on May 13 while the RADUSDT and CVXUSDT close on May 14. The adjustments to leverage and margin tiers are on May 6th. New positions for the affected contracts will not be permitted starting from May 13 for STPTUSDT, SNTUSDT,…

The post 3 Best Crypto Marketplace Tokens: Binance Coin (BNB), ETFSwap (ETFS), And Hedera (HBAR)  appeared first on Coinpedia Fintech News The native cryptocurrencies of exchanges offer new ways to make a profit, and in this article, we explore the 3 best crypto marketplace tokens, namely: Binance Coin (BNB), ETFSwap (ETFS), and Hedera (HBAR), which are potential opportunities for massive profits. Binance Coin (BNB) Could Grow As Binance Expands Binance Coin (BNB) is the native token of Binance, a leading…

TL;DR Binance recently expanded its Loan service to include new assets such as Holo (HOT) and Manta Network (MANTA), requiring users to update their app versions to place orders. The prices of these newly added tokens increased following the announcement, possibly driven by the broader recovery in the cryptocurrency market. The Latest Update The world’s largest cryptocurrency exchange launched another upgrade on its platform to offer additional services and respond to reigning market trends. Most recently, it added Holo (HOT), Jito (JTO), Manta…

Binance Founder Changpeng Zhao has reacted positively to his 4-month sentence with community appreciation. While leniency was shown to him, the crypto market found another reason to trigger intense selloffs. Changpeng ‘CZ’ Zhao, founder of the prominent Binance Holdings has responded to his four-month sentencing, assuring investors of the safety of funds within the platform. His response comes at a time when concerns regarding the safety and integrity of the exchange are at the forefront of public discourse. CZ Response…

The post Binance Burns 1.4 Billion Terra Luna Classic (LUNC) Tokens! appeared first on Coinpedia Fintech News Binance supports the Terra Luna Classic community’s 21st batch of the LUNC burn mechanism, eliminating 1.4 billion LUNC tokens. This step makes Binance Binance’s total LUNC burn to over 57 billion. It’s a major contribution to the community’s total burn that exceeds 112 billion tokens. Though it witnessed declining trading volumes in April, Binance attributed to the broader crypto market downturn. It remains…