Binance
Binance unveils Bifinity and reintroduces EUR & GBP bank transfers
Through Bifinity’s intuitive APIs, businesses will gain crypto-readiness. Binance has also fully brought back Euro and Pound bank transfers via SEPA and FTP. Binance, the world’s largest cryptocurrency exchange, is increasingly smoothing the path towards crypto adoption by new users. The crypto exchange today announced the launch of its native fiat-to-crypto payments provider. Dubbed Bifinity, Binance said in a press release published today that the new tech pay firm would enable “mainstream and crypto merchants to scale their businesses” to become crypto ready. Bifinity would provide them with intuitive Application Programming Interfaces (APIs) to enable them to accept payments in crypto easily. Binance added that Bifinity would provide support for crypto buy-sell ...
Binance back in Malaysia via a strategic stake in regulated digital exchange
Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset trading platfrom MX Global. Binance and Cuscapi Berhad acquired a key stake in MX Global, one of the four Recognized Market Operators – Digital Asset Exchange licensed by the Securities Commission (SC) in Malaysia. Hello Malaysia. https://t.co/vsHzHlm7KI — CZ Binance (@cz_binance) March 1, 2022 The leading crypto exchange has a significant presence in the Asian region and with its new partnership in Malaysia, the exchange aims to expand the sustainable growth of the crypto market in Southeast Asia. MX Global, on the other hand, aims to bank on the recent partnership and new flow of capital to expand its market a...
Binance’s $10M donation adds to the growing support funds for Ukraine
The Binance Charity Foundation has also set up a crypto-priority emergency relief fund The Ukraine Emergency Relief Fund is nearing $6 million in donations. According to an announcement posted by Binance chief executive Changpeng Zhao, the world’s largest crypto exchange by transaction volume has donated $10 million to help in the crisis resulting from the ongoing Russian military action in Ukraine. The exchange’s non-profit charitable arm has also started a crowdfunding initiative and lobbied for crypto donations which will be used to help allay the situation in the country. “#Binance is donating $10M to help the humanitarian crisis in Ukraine & @BinanceBCF launched the crypto-first crowdfunding Ukraine Emergency Relief Fund. Our focus is providing on-the-ground supp...
Altcoin Roundup: 3 portfolio trackers NFT and DeFi investors can use to stay organized
The cryptocurrency ecosystem has seen a tremendous amount of growth over the past couple of years, as the introduction of decentralized finance (DeFi) and the popularity of nonfungible tokens (NFT) have led to an explosion of projects on more than a dozen blockchain networks. The rapidly growing ecosystem means investors have to keep track of multiple wallet addresses, making portfolio trackers a popular option for traders needing to manage a diverse multichain portfolio. Here are three portfolio-tracking decentralized applications, or DApps, crypto traders can use to help monitor their investments. Zapper Zapper supports the basic management of cryptocurrencies held on 11 different networks including Ethereum, Polygon, BNB Chain, Fantom, Avalanche and Optimism. The basic layout of t...
FC Barcelona turns down sponsorship offers from crypto brands
Several entities in the crypto sector presented offers, but the football club turned them down The Catalan club is said to be in the final stages of sealing a deal with Spotify Cryptocurrencies have gained mainstream adoption over the last couple of months, leading to an intersection between the industry and other niches. Notably, cryptocurrency firms and brands have injected huge sums into various sports, especially in the US and Europe. For the former, crypto platforms have targeted the major professional sports leagues, including the NBA and MLB. In Europe, crypto entities have eyed top professional football clubs as they guarantee a lot of exposure crucial for brand awareness. Earlier this month, Tezos announced an agreement with Premier League club Manchester United that will see the ...
Here’s why UK and Israel authorities have expressed concerns over Binance
The UK’s FCA says Binance’s partnership with Paysafe is beyond its controlling hand The financial watchdog still holds reservations, with insistence on the ‘significant risk’ warnings it issued against the exchange last year Israel’s Capital Market Authority has suspended Binance operations in the country until the pending licensing issue has been clarified Binance made headlines this week – both for good and bad reasons. The crypto exchange announced the rebrand of some of its assets earlier this week. It was also reported to be under the spotlight of financial authorities in the UK. Not long after, Israel’s market regulator raised the alarm over the exchange regarding the services it offers. Worth noting, the US arm of the exchange, Binance.US, is bein...
Binance stopped ‘all activities focused on Israel’ following regulatory request: Report
Major crypto exchange Binance has reportedly halted activities and marketing to Israelis following a request from one of the country’s financial regulators over licensing. According to a Thursday report from Israel-based news outlet Globes, the Capital Market, Insurance and Savings Authority requested Binance provide information on the services it was providing to Israelis as well as any licenses under which it operates. The regulator, responsible for handling licenses for crypto firms, reportedly never received an application from Binance allowing the exchange to do business in Israel. “Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” said the Capit...
Binance Chain, Binance Smart Chain morph into BNB Chain
Binance has renamed its blockchain ecosystem to reflect changes the chain has undergone since its launch The exchange also introduced ‘MetaFi’, an amalgamation of cutting-edge DeFi infrastructure and projects, including the metaverse. The world’s largest crypto exchange Binance has rebranded its Binance Chain and Binance Smart Chain blockchains into a single unified name; BNB Chain, or Build and Build Chain. The new name is expected to take a more prominent role in the blockchain’s branding. According to an announcement made on Tuesday, Binance said the BNB Chain shows the evolution of the Binance Smart Chain. The ‘new’ name would represent the crypto exchange’s governance and staking platform BNB Beacon Chain (previously Binance Chain) and its Eth...
US SEC is investigating two of Binance.US trading affiliates
The regulator wants to establish the relationship between Binance.US and two affiliate firms associated with Changpeng Zhao Several US authorities have in the past, on more than one occasion, probed Binance over other compliance matters The US Securities and Exchange Commission (SEC) is looking into two trading firms associated with crypto exchange Binance’s US arm. The financial markets regulator is said to be investigating the relationship between Binance.US and these firms which hold ties with Binance CEO and founder Changpeng Zhao. According to a report published by The Wall Street Journal on Tuesday, Merit Peak Ltd and Sigma Chain AG are the entities in question. The two firms trade on Binance.US as market makers. The WSJ detailed that the unnamed sources said that the regulator is se...
Only hire people smarter than your CEO – Binance founder CZ
Facebook WhatsApp Reddit Twitter Shares The founder of Binance, the world leading cryptocurrency trading platform has advise fellow to appoint people that are smarter than them. In a post share on his Twitter, CZ urge company founders never to employ anyone who is not smarter than the CEO. His tweet read: If they are not smarter than me, they don’t get hired. That’s the most basic hiring criteria NaijaBlog.ng .ueda552bf8eb28dfe6688d4bfbf2c18da { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, ...
Kyber Network (KNC) bucks the market-wide downtrend with a 57% gain in January
In the crypto market volatility continues to reign supreme, and fear, uncertainty and doubt (FUD) run rampant. This makes it challenging for any project to rise above the noise and post positive price gains but there are a few projects that are showing strength during the current downturn. Kyber Network (KNC) is a multi-chain decentralized exchange (DEX) and aggregation platform designed to provide decentralized finance (DeFi) applications and their users with access to liquidity pools that provide the best rates. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a bottom of $1.18 on Jan. 6, the price of KNC has rallied 57% to a daily high at $1.87 on Jan. 27 despite the wider weakness in the crypto market. KNC/USD 4-hour chart. Source: TradingView Three re...
We are focused on anti-money laundering, transparent, regulation – CZ, Binance founder
Facebook WhatsApp Reddit Twitter Shares Founder of Binance, the world largest cryptocurrency trading platform, CZ said the they are focussing anti-money laundering and regulations. CZ made this known in post share on his Twitter handle yesterday, 21st of January 2022. In response to a journalist who talk about people who let go of Binance, he said: FUD. Journalists talking to people who were let go from Binance and partners that didn’t work out trying to smear us. We are focused on anti-money laundering, transparent and welcome regulation. Action speaks louder than words. Thank you for your unwavering support! NaijaBlog.ng .ua5626572517ba644b52a35135ec89216 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; backg...
