Category: Binance

Binance takes credit for thwarting an attempted exit scam on its blockchain

The centralized part of “CeDeFi” did not seem to help though.

November 4, 2020
Binance Recovers $344K From Scam DeFi Project Launched on Its Platform

Having raised the funds at launch on Binance Smart Chain in October, the operator fled with users’ cryptocurrency “within an hour,” Binance said.

November 4, 2020
DeFi Sell-Off Continues as Index Futures Retrace to June Levels

DeFi indices on FTX and Binance continue to plummet.

November 3, 2020
$100 Million Accelerator Fund from Binance Now Supports PARSIQ, a Reverse-Oracle Blockchain Platform

PRESS RELEASE. PARSIQ is a working platform that makes blockchain events consumable and blockchain data actionable. It allows users—both individuals, companies, enterprises—to monitor any events across different blockchains in real-time and at scale and connect those events to any off-chain apps or devices to automate different workflows. A blockchain-to-everything monitoring service PARSIQ was announced to…

November 3, 2020
Report: Token Listings Have Short Term Positive Influence on Price, M&A Have Better Impact in the Long Term

A study by Etoro and The Tie find listing and partnership announcements as significant developments (Sigdev) that have an immediate, large, and positive influence on token price. This influence, which peaks within the first 24 hours, usually wears off after a week, according to the study report. The Impact of a New Token Listing Yet,…

November 1, 2020
Binance CEO denies allegations that the exchange’s US arm is a regulatory decoy

“Binance has always operated within the boundaries of the law,” said CZ.

October 29, 2020
Binance exchange partner Simplex rolls out Tether to euro offramp

Over 200 firms in Simplex’s network can enable euro cashouts from Tether.

October 29, 2020
Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High

Onchain analytics from the research and analysis firm Glassnode shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters. The number of network participants in terms of 1,000 coin whales hasn’t been this high since 2016. Seven-day trailing statistics for the number of whales (addresses with balance ≥…

October 26, 2020
Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million

Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven minutes, the hack was complete. Harvest Finance revealed that the hacker “manipulated…

October 26, 2020
CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto

The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile Exchange (Bitmex) open interest for bitcoin futures has taken a…

October 24, 2020