Bitcoin 

Binance Enters South Korea, Gets Approval for OkCoin

HomeNewsExchangesBinance Enters South Korea, Gets Approval for OkCoin The growth in the cryptocurrency industry has been made possible by the presence of crypto exchanges, and in that regard, Binance has been one of the most influential. In a new development that should come as a major boost to the crypto sphere, the crypto exchange announced that it is all set to launch its operations in South Korea. Major Details Binance acquired the Fintech company BxB Inc and is now going to turn it into a global exchange for South Korean…

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Blockchain 

Over $650K Worth of Tezos Moved to Binance

Over the years, the crypto space has seen plenty of remarkable rallies, and one of the more noteworthy ones in recent times has been that of Tezos (XTZ). The token has rallied by as much as 400% over the past six months, and when an altcoin rallies so strongly over a sustained period of time, people are bound to take notice. Key Details Despite the strong move in the cryptocurrency over the past few days, it should be noted that a large number of XTZ tokens were recently moved to…

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Blockchain 

Ripple (XRP) Soars 18% | Binance Futures Launches XRP/USDT Contract

Even when the crypto space enjoyed a sustained rally in the first of 2019, XRP seemed to lag behind considerably, and much of the blame for that had been placed at the door of the company Ripple. However, things seemed to have gone off to a rather good start for XRP in 2020, after it surged considerably over the past two days. While it is true that there were gains in the wider cryptocurrency space, it should be pointed out that XRP emerged as the biggest gainer in the market…

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Ethereum 

Binance to Support Upgraded Ethereum Network Muir Glacier

When it comes to the crypto space, it should be noted that much of the progress that has been seen is primarily due to the existence of crypto exchanges, and perhaps the most influential among those is Binance. In a new development, the exchange has announced that Ethereum withdrawals and deposits are going to be suspended in order to complete an upgrade on the ETH network. Key Details The Ethereum network recently announced that there is going to be a Muir Glacier upgrade, and owing to that, Binance will update…

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Ethereum 

Binance Adds Fiat Payment Options With Paxful Partnership

Binance has partnered with peer-to-peer crypto marketplace Paxful to integrate it’s “Virtual Bitcoin Kiosk,” which will allow customers to buy crypto with over 167 fiat currencies. Binance Adds Support for 167 Fiat Currencies The addition of Paxful to Binance’s platform should open the crypto market to millions of customers, with some of the fiat currencies supported by the service including the Russian ruble, Vietnamese dong, Indonesian rupiah, Nigerian naira, Colombian peso, British pound, Mexican peso, Canadian dollar, Euro, and Argentine peso. Paxful and founder Ray Yousseff said that his company…

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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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