Category: Binance
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Binance.US opens account deposits in preparation for trading, adds BNB
Binance.US announced that its platform will now start accepting account registrations and deposits of six originally announced coins, with the addition of Binance Coin (BNB). The platform, however, will not be available to users in 13 states, including New York, Washington, and Texas. Users can now start depositing BNB into Binance.US accounts Source: Binance.US Binance,…
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Binance leads $200M investment round in Chinese crypto-data website Mars Finance
Binance made a strategic investment in crypto-data website Mars Finance. This is the first time the dominant exchange invested in a Chinese company since Beijing banned cryptocurrency trading in 2017. Growing crypto news outlet gets a boost from Binance Crypto exchange giant Binance has been on a roll in the past couple of months. The…
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Wei Zhou, CFO of Binance: “We want the institutions to come in” [INTERVIEW]
A year after becoming top brass at the world’s largest cryptocurrency exchange by trading volume, Binance CFO Wei Zhou says his firm wants to “grow the pie bigger” and opening up an exchange in the U.S. just might be the best way to do it. “I think the underlying theme here is that 99.99% of…
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FATF-Driven Delistings Capture the Criminalization of Privacy
The delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial Action Task Force (FATF) issuing new global standards, Korean exchanges Okex and Upbit have announced they will delist and put warnings on several privacy coins…
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BitMEX CEO responds to Binance’s market maker slip up, offers CZ a “copy/paste” course
Arthur Hayes, the CEO of BitMEX, responded to Changpeng Zhao’s false accusations of a Binance futures market maker attack—satirically. Hayes offered him a “copy/paste” course for 51 percent of his equity, alluding to earlier plagiarism accusations. Zhao replied he’d be happy to buy-in. CZ’s quick fingers get him in trouble, yet again The rivalry between…
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Binance futures market maker ‘attack’ turns out to be a bug
Binance almost became the victim of a market maker attack in the early hours of Sep. 16. However, the exchange’s CEO Changpeng Zhao soon revealed that the “attack” on the new futures platform was actually the result of a bug, causing the crypto-community to criticize him for making hasty accusations. A “known” market maker allegedly…
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How Prime Brokerage Will Affect Crypto Markets
Prime brokerage firms are coming for crypto in what’s likely to be a race of winner-takes-almost-all. Goldman Sachs is synonymous with institutional wealth and power, even to those who’ve never purchased a financial product in their life. Like the eponymous tower it occupies in Jersey City, Goldman Sachs dominates the prime brokerage trade. What will…
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Trust Wallet enables FIO Addresses making it easier to transact in cryptos
Trust Wallet, a secured multi-cryptocurrency wallet, announced that it will enable a feature that lets its clients simplify their blockchain public addresses. The firm will integrate FIO Addresses into its platform available for purchase to all users. FIO Addresses make it easier to transact with cryptocurrencies because it replaces the need for cryptic blockchain public…
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Binance listing NYDFS-approved “BUSD” stablecoin next week
Binance announced that it will begin listing the NYDFS-approved BUSD. The exchange said the stablecoin, jointly launched by Paxos and Binance, will begin trading on Sep. 16, while early purchases on Paxos’ platform will start on Sep. 12. Paxos and Binance’s stablecoin beginning trading next week Binance, one of the largest cryptocurrency exchanges in the…
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Binance.US registration opens Sept. 18, crypto trading begins soon
Binance.US will open account registration and begin accepting deposits of major cryptocurrencies beginning Sept. 18 at 08:00 Eastern Time. The move indicates that the launch of Binance’s closely related U.S. exchange is imminent. Preparing for launch Prior to the launch of trading, Binance.US is opening up user registration for interested traders, according to an announcement…