Binance

TL;DR The leading AI-related cryptocurrency experienced a 15% increase in value after being listed on Binance, but later adjusted to a lower price. The company alerted users to conduct thorough research before entering the ecosystem of the token. Bittensor (TAO) – the biggest AI-related cryptocurrency in terms of market capitalization – experienced a significant price boost in the past hour, rising by 15% and reaching a multi-week high of $690. However, it could not keep the momentum, currently trading at…

TL;DR Binance added 18 new cryptocurrencies, including meme coins and established altcoins, to its loan program and introduced new tokens to its VIP Loan section. Binance Loans allows users to borrow funds using their crypto stash as collateral. The leading cryptocurrency exchange, Binance, continues implementing amendments to its platform to respond to current market trends and enhance users’ experiences. Most recently, it added 18 new loanable assets to Binance Loan. Some of the involved cryptocurrencies include the trending meme coins dogwifhat…

TL;DR Binance’s latest Proof-of-Reserve (PoR) report verifies that it maintains a 1:1 coverage for all users’ assets, with significant holdings in SHIB, BTC, and XRP. The PoR system, introduced post-FTX crash, aims to enhance transparency and trust by confirming the existence and proper accounting of users’ funds. The world’s largest cryptocurrency exchange released its latest Proof-of-Reserve (PoR) report, displaying evidence that it covers all users’ assets 1:1. Data shows that Binance currently owns a whopping 67.67 trillion Shiba Inu (SHIB) tokens. Calculated…

The post O2T Skyrockets 500% After ‘Social Trading’ Feature Announcement, Binance (BNB) Whales Join 1000x Movement appeared first on Coinpedia Fintech News The cryptocurrency world is witnessing a paradigm shift as Option2Trade (O2T) experiences an explosive 500% growth following its groundbreaking announcement of the ‘Social Trading’ feature. This unprecedented surge has not only placed O2T in the spotlight but has also attracted Binance (BNB) whales, marking a significant realignment within the crypto investment community towards the promising 1000x movement. This…

Richard Teng, CEO of the world’s largest cryptocurrency exchange, Binance, believes the trading giant is past the cultural issues after it settled criminal charges from the United States Department of Justice (DOJ) with a $4.3 billion fine. During an interview with CNBC, Teng said Binance had moved past the early stage of its development, where there were no clear rules, and it had to operate in a certain way to stay relevant. Binance Has Moved Past Cultural Issues In November…

Binance has bounced back, boasting the highest spot and derivative trading volumes in three years. BNB remains strong, with prices hovering around $592 and market capitalization exceeding $87 billion. Binance, the renowned cryptocurrency exchange, has exhibited a remarkable resurgence in recent months, according to recent reports from CCData. The data indicates a significant surge in both spot and derivative trading volumes, propelling Binance to the forefront of the cryptocurrency market once again.  In March alone, combined spot and derivatives trading…

Binance has announced more stringent know-your-customer (KYC) measures for sub-accounts within the Binance Link program. The exchange continues to implement more measures in an effort to meet regulatory requirements around the world. Binance is introducing stricter know-your-customer (KYC) measures for sub-accounts beginning April 20th. The world’s largest crypto exchange by trading volume has in recent months taken proactive measures to comply with regulatory requirements from world governments. The exchange revealed that users operating unverified accounts or ‘sub-accounts’ under the Binance…

THORChain price has dropped 10.2% on the 7-day price chart.  Binance Coin price has fallen 2.1% on the 7-day price chart.  NuggetRush’s price has increased by 100% so far and is expected to witness a 50x surge after its launch.  While some altcoins are in the green, other top altcoins have recorded losses. During the last week, the value of THORChain decreased by 10.2%, whereas Binance Coin price has declined by 2.1%. However, the brighter side is that a new…

Binance network has faced immense competition from the Solana ecosystem following the latter’s success through the meme coin industry.  The BNB Chain is home to top meme coins like Floki, and Baby Doge Coin, among many others. The ongoing meme coin mania has heightened the competition in the layer one (L1) blockchain ecosystem led by Solana (SOL). The Binance team through its flagship Binance Chain has now shifted attention to the meme coin industry in a bid to retain its…