Blockchain 

Binance Announces Tezos Support and Acquisition of Dapp Platform

Binance, the world’s second-largest crypto exchange by daily volume, has announced that it will begin supporting Tezos (XTZ) staking and also announced its acquisition of Beijing-based DappReview, which offers data-driven research and advertising services to blockchain-based decentralized applications (dapps). Beginning from tomorrow, December 4, Binance users will be able to trade with XTZ and will begin distributing XTZ staking rewards on January 20, and on the 20th of each month thereafter. The exchange said that it will not charge for the staking service, unlike rivals Coinbase and Gate.io, which charge…

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Ethereum 

Binance Launches Tezos (XTZ) Margin Trading

The crypto market might be going through a massive slump at this point in time, but that has not stopped the biggest crypto exchanges from introducing new products. In a new development that will come as a further boost to crypto traders, Binance Binance has decided to launch margin trading in Tezos (XTZ) on its platform. Important News for Tezos Considering the fact that Binance is the biggest crypto exchange in the world in terms of trading volumes, this is good news for the crypto community and also for Tezos.…

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Ethereum 

Binance Shanghai HQ Shut Down After Police Raid

Binance has reportedly closed its Shanghai office, where over 100 staff, including senior management, were employed, following a raid by Chinese law enforcement, according to sources cited by The Block. Binance Denies Office Raid Binance has moved to deny reports of the raid after CEO and Founder Changpeng Zhao tweeted just yesterday that offices are an outdated and antiquated concept.  However, Chinese authorities recently issued a notice to the public directing individuals to report businesses engaged in virtual asset trading to the country’s central bank, the People’s Bank of China,…

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Blockchain 

Binance Drops Out Of CryptoCompare’s Top 10 Exchanges

Binance has sunk to 12th in the top ten cryptocurrency exchanges, according to the latest list published by London-based crypto data provider CryptoCompare. In what is the second edition of the list of top ten exchanges from CryptoCompare, with the first being published in June of this year, Binance has fallen from 8th to 12th, despite being the second-largest exchange in the world in terms of volume. CryptoCompare’s list takes far more aspects into account than just volume, including legal aspects, data transparency, security, the presence of negative reviews about…

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Blockchain 

Binance Gets Banned on Weibo as China Continues Crypto Crackdown

Binance has had its official account on Weibo, the Chinese version of Twitter, banned due to unknown violations as the Chinese government tightens regulations on cryptocurrency. Binance and Tron Blocked on Weibo Weibo is claiming “violation of law and regulation” as the reason for the ban, but “China’s Twitter” failed to give any additional information on the recent account suspension. Tron, along with Binance, has also been blocked, but Huobi and OKEx, which are two Chinese-based exchanges, remain active on the website. Chinese President Xi Jinping banned Bitcoin back in 2017…

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Blockchain 

Binance US to Include NEO and ATOM for Trading

One of the biggest reasons behind the remarkable growth of the cryptocurrency space is due to the establishment of big-ticket exchanges, and in that regard, Binance US could end up becoming one of the most influential. It is the world’s biggest crypto exchange by trading volume, and its entry into the United States is a major event. Key Details It emerged that the American arm of Binance is going to add support for both Cosmos (ATOM) and Neo (NEO). The company made the announcement on October 30 and went on…

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Blockchain 

Binance Introduces Native XRP on Binance Chain

Over the years, Binance has consistently proven to be one of the most innovative crypto exchanges in the world, and hence, it is no surprise that it is currently the biggest exchange in the world by trading volume. New Products The exchange has been very proactive in introducing new products and tokens that have gone on to become major players in the entire crypto ecosystem. In a new development, the company has announced that it is going to launch a new token that is 100% backed by XRP, the third-biggest…

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Blockchain 

Binance Begins Dedicated Staking Platform to Earn Rewards

One of the most important factors behind the growth of the cryptocurrency space is the existence of mega crypto exchanges. It has made it possible for more and more people to get involved in space and the biggest one is Binance. Today, the company made another landmark announcement. The crypto exchange announced today that it has launched an exclusive staking platform and it will allow its users to earn exclusive rewards. Users will be able to store their digital coins on the staking platform, and in return, they will be…

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Blockchain 

Binance Makes Investment in Chinese Crypto Media Firm Mars Finance

Binance, the world’s largest crypto exchange, has made an undisclosed investment in Chinese crypto news outlet Mars Finance. Binance participated in a funding round for the blockchain media firm, which brought its valuation to $200 million USD in what was the third such financing since Mars Finance was founded last year. Specifically, Mars Finance provides information and news updates on blockchain, crypto markets, and asset management services. According to a press release issued by the company, it is now China’s most popular crypto news outlet in terms of traffic. Mars…

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Blockchain 

Binance Coin (BNB) Tumbles Amidst Growing Competition

Binance Coin (BNB) is one of the notable losers in the crypto space over the past three months. The tremendous growth experienced by the cryptocurrency space over the past five years has seen the development of several new tokens related to a wide range of projects. The sheer interest and buzz about the sector led to the development of plenty of new tokens. While many failed, a large percentage of them succeeded and survived. One of the more interesting projects was the one started by Binance, the giant crypto exchange.…

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