Binance

According to data from Whale Alert, the blockchain decacorn Ripple, along with several Binance branches transacted more than 51 million XRP. XRP's downfall started when the SEC filed a lawsuit against Ripple. Meanwhile, Ripple called the allegations unfounded and vowed to respond to them in court in the coming weeks. The San Francisco-based company has repeatedly referred to the US SEC's claim as an attack on crypto. Ripple CEO Garlinghouse claimed the agency's actions directly benefited China. $13 million in…

In a lighthearted tweet shared on Jan 20, 2020, Binance CEO Changpeng “CZ” Zhao revealed that Pornhub would now start accepting Binance Coin (BNB) as one of its payment methods. The move by Binance to partner with the adult content platform will expand the use cases of the BNB coin while introducing yet another crypto payment method for products offered by the Pronhub site. The CEO played on the theme in a series of tweets, announcing the super offer that…

Legendary Italian football club AC Milan has teamed up with Chiliz to launch its fan token (ACM). Supporters of the club will be able to participate in the club's governance and benefit from the partnership. Fan Utility Token The AC Milan Fan Token (ACM) is a utility token that will allow the club fans to exert symbolic influence on club decisions using the Socios app. Token holders will participate in surveys, earn non-fungible tokens (NFT) or even participate in exclusive…

Crypto-to-crypto exchanges remain a critical part of the blockchain sector. These platforms help regular users exchange one kind of digital asset for another based on the given assets' market value. Since the earliest days of the crypto market, there has been a demand for these services. Nowadays, there are various crypto-to-crypto exchange protocols in the market.  Centralized Exchanges (CEXx) Centralized exchanges (CEXs) are the most popular type of crypto-to-crypto exchange. These platforms allow users to load their funds onto network…

Finding the best cryptocurrency exchanges for newbie traders can seem daunting. For a new user, it's hard to know where to begin. There are dozens of popular crypto exchanges at this time. Each exchange has its features, and many serve niche markets. Rather than wade through the masses until you find an exchange you like, some top platforms have earned a reputation as a wise starting point for newbie traders.  KuCoin KuCoin is a popular exchange that has been described…

Centralized exchanges are the most popular type of exchange in the market today. These exchanges differ from DEX (decentralized exchanges) because a centralized firm runs them. In most instances, centralized exchanges are custodial. You must load your funds onto the exchange's network wallet to trade your digital assets. Many investors prefer centralized exchanges over other options because they can be regulated and offer insurance services. Bitfinex Bitfinex has been a major contender in the market since December 2012. As one…

The 2021 surges in altcoin prices have led to an influx of new investors seeking these valuable digital assets. An altcoin is any coin other than Bitcoin. The term came about in the early days of the crypto market. At that time, there were only a handful of coins available. Today, nearly every exchange offers some form of altcoins to trade. Unlike the early days, altcoins today outperform Bitcoin in terms of technical characteristics. For example, altcoins can perform millions…

Leading cryptocurrency exchange, Binance has announced a compensation plan for the COVER hack victims on its platform. This is a remarkable gesture from the exchange towards its customers that lost their tokens in the hack. $10 million to be distributed from Binance SAFU Fund Binance revealed more about the compensation plan in an extensive blog post on its website. According to the exchange, the decision to compensate affected customers was taken after a COVER team meeting. The embattled Defi platform informed…

Binance Korea, a Binance platform specifically dedicated to South Korean residents, will end operations next month. A closure that comes only 9 months after the launch of the platform. Binance Leaves The  South Korean Market Binance Korea, made the announcement in a press release today. Registrations and deposits of funds are already closed, and withdrawals will be possible until January 29, 2021. The platform claimed to have difficulty operating due to lack of liquidity and low volume of transactions. Binance Korea…