Binance

Binance enters the Korean market with Binance KR, a trading platform deploying Binance Cloud Following the launch on April 1, users will be allowed to register and deposit digital assets such as BTC, ETH, BNB, and BKRW  Binance continues accusation spree with a nearly finalized deal to acquire digital currency data aggregator CoinMarketCap  On March 31, 2020, Binance exchange revealed plans to launch Binance KR, a cryptocurrency exchange platform, to serve the Korean users on April 2, 2020. User registration…

Recently, Binance Academy announced the development of a blockchain research institute in China. Binance Academy is the educational arm of Binance crypto exchange. The blockchain research institute is known as Lingang Blockchain Technology and Industry Research Institute, which will serve as the hub for blockchain talent. Lingang Blockchain Research institute will shape breakthroughs in blockchain technology and speed up the application of blockchain technology. It will happen through integrations with artificial intelligence (AI), big data, Internet of Things (IoT), and…

Binance, one of the most popular crypto exchange networks, recently announced a possible delisting of all FXT leverage tokens, including their pairs. The FXT leverage tokens are just a recent addition in Binance, but now Binance, citing complexity, decided to remove the token.  The delisting of the FXT leverage tokens will start precisely on 31st March at 10:00 a.m. All users got the freedom to trade out their tokens 2 hours before this announcement. The platform will refund all holders…

Recently, Binance officially announced the launch of its crypto debit card, that will enable users to spend their cryptos by converting them into fiat while taking advantage of established debit card networks. Visa issued the Binance card, and it is accepted by over 46 million merchants offline and online in 200 regions, making shopping with crypto effortless. Initially, the card will be in Malaysia, then Vietnam, and later to other regions. It is currently available as a virtual card in…

Crypto Against Covid is a campaign launched by Binance Charity Foundation, aiming to raise $5 million in crypto to battle the Covid-19 pandemic. The campaign also seeks to buy medical supplies for the countries heavily hit by the pandemic. Binance Charity Foundation allocated $1 million in BUSD tokens and will also help set up a wallet to put all public donations for the project. Binance exchange will convert the donated BUSD to fiat, and the funds will purchase medical supplies…

The blockchain-based web browser Brave signed a new partnership with cryptocurrency exchange Binance, allowing its users to trade directly on Binance. Recently Brave launched its cryptocurrency, known as the Basic Attention Token (BAT). The partnership made BAT jump over 13% on the day while BNB traded in fiat. Brave integrated Binance API to enable users to get seamless and instant access to the Binance account, buy, sell and receive cryptocurrencies supported by the exchange right from the new tab page…

Changpeng Zhao (CZ), the CEO of Binance was quoted saying that the current global financial system is broken. He believes Bitcoin and other crypto are the solution to this global problem. CZ notes the corporate culture which gang presses CEOs to pursue short-term objectives instead of lasting solutions. His blog post views investors as part of the cause,  vaunting CEOs who can push up stock prices and make good profits every quarter. He thinks investors should rather praise their CEO…

On March 18, 2020, Steem developers and community announced the launching of Hive a DPOS governance blockchain. The Blockchain is a hard fork from Steen's source code. According to the announcement, the launch is scheduled for March 20. At the same time, Binance affirmed its support for the project in a Match 18 Blogspot. Hive's developer team consists of over thirty developers, end-users, and business people. They are brought together by the drive to renew Steem's codebase and expand Hive Blockchain's…

Recently, Binance and WazirX joined forces to set up a $50 million token fund to encourage the growth of Indian startups. The announcement noted that Binance’s native tokens, BNB, BUSD, and WazirX’s WRX token are backing the fund.  The fund is known as Blockchain for India and will make investments in equity and tokens, ranging from $100,000 to $5 million. It will also provide mentorship and support to universities and student organizations, interested in establishing university blockchain technology incubators. The…