Category: Binance

  • Binance Acquires Anonymous Mobile Wallet for Ethereum Tokens

    Cryptocurrency exchange Binance has acquired the open-source and anonymous mobile ethereum wallet Trust Wallet, it was announced Tuesday. 

  • Bitcoin Drops to $7,800 But Rebounds Instantly to $8,150, Tokens Suffer

    On July 31, the price of bitcoin fell by 4 percent, from $8,150 to $7,800, as both major cryptocurrencies and small market cap tokens plummeted in value. Within hours after its 4 percent drop, the price of bitcoin rebounded from $7,800 to $8,150, demonstrating an instantaneous recovery from its relatively large drop. However, other major…

  • Crypto Market Cap Down to $295 Billion, Short-Term Drop For Bitcoin Price Expected

    Over the past 24 hours, the valuation of the crypto market has dropped slightly from $300 billion to $295 billion, as the bitcoin price declined from $8,300 to $8,150. Tokens including Aelf (ELF), Holo (HOT), Zilliqa (ZIL), Binance Coin (BNB), and 0x (ZRX), which performed well against both bitcoin and the U.S. dollar last week,…

  • Audit Gives Binance-Listed ERC20 Tokens Clean Bill of Health from ‘batchOverflow’ Bug

    Smart contract security firm Quantstamp has given Binance-listed ERC20 tokens a clean bill of health after conducting an audit to determine whether any of the exchange’s listed assets were subject to the recently-discovered batchOverflow and proxyOverflow vulnerabilities. Quantstam released its audit report in late April, confirming that no ERC20 token currently listed on Binance — the…

  • Binance Labs Announces Partnership With Libra Credit

    Binance Labs Announces Partnership With Libra Credit

    Binance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto or fiat currency. Also Read: Pantera…

  • Markets Update: Crypto-Prices See Some Recovery After the Dip

    Markets Update: Crypto-Prices See Some Recovery After the Dip

    Digital assets, this weekend, have recovered a touch after a temporary price dip that started roughly 48 hours ago but crypto-values have rebounded once again on July 27. This Saturday, all 1600+ digital currencies are seeing slight gains as the entire cryptocurrency market capitalization at the start of the weekend is around $297.9Bn USD, with…

  • Binance to Invest $15 Million in Bermuda as Crypto Regulations Advance

    Binance to Invest $15 Million in Bermuda as Crypto Regulations Advance

    While some governments say they see the potential future benefits of a local cryptocurrency hub, more proactive jurisdictions are already reaping the rewards. The latest example comes from Bermuda, which is rapidly advancing its receptive crypto regulations and strengthening the local economy.   Also Read: Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for…

  • Fintech Firm Revolut Reaches $1.7 Billion Valuation After Integrating Cryptocurrency

    For many years, TransferWise, the fintech company that allows users to send bank payments with extremely cheap fees and shorter verification periods was the most dominant fintech business in Europe. This month, Revolut reached a $1.7 billion valuation after integrating cryptocurrency, surpassing Transferwise. Why the Statement of Nasdaq CEO Wasn’t a Joke Earlier this week,…

  • Cryptocurrency Exchange Binance Inks $15 Million Investment Pact with Bermuda

    Reports have confirmed that Bermuda’s Premier and Minister of Finance, David Burt has signed a memorandum of understanding (MOU) with Binance Group, the operator of the world’s largest cryptocurrency exchange. During a trip to Bermuda, Binance founder and CEO Changpeng Zhao met with David Burt to sign an MOU that will see the Binance Foundation…

  • Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

    Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

    As author William Gibson memorably observed, “The future is already here — it’s just not very evenly distributed”. Today’s clutch of stories attest to that. Blockchain air taxis, dual forks, and digitally scarce pillow cases may not be the future we dreamed of, but it’s the one we’ve gotten. Welcome to the weekend edition of…