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Tag: Binance

Binance is a cryptocurrency exchange that allows users to trade more than 100 different digital assets. It has been considered the largest trading volume exchange platform in the world since 2018.
Legal form: company
Founder: Changpeng Zhao
Foundation: July 2017
Type: exchange, bitcoin trading, cryptocurrency trading
Website: www.binance.com

The FTX loss erodes faith in the crypto community

On Tuesday, the cryptocurrency market went down because there were rumors that cryptocurrency exchange FTX might go bankrupt and questions about the health of its sister company, Alameda Research. When Binance founder Changpeng Zhao announced over the weekend that the business would liquidate its $FTT holdings, investor confidence was rattled. Multiple on-chain data sources show that clients of FTX, the third largest crypto exchange by volume,...

Binance, Crypto market, Cryptocurrencies, Exchanges, Front page, FTX, News

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Changpeng Zhao: looking at possibly owning banks

During an interview done by the Bloomberg team at the Web Summit conference in Lisbon, Zhao said that he is willing to make minority investments or pursue outright acquisitions in order to reach the previously stated objective. Changpeng Zhao, CEO and founder of Binance, said that he is contemplating purchasing banks in an effort to further bridge the gap between conventional banking and cryptocurrency. “There are individuals who possess...

Binance, Elon Musk, Exchanges, People in crypto, Twitter

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Osmosis gets listed on Binance and soars 20%

Only a few hours ago, Osmosis was listed on the popular cryptocurrency exchange Binance.The value of their token has gone up by more than 21% because of this announcement. CoinGecko lists Osmosis (OSM), a DEX developed by Cosmos, as the sixty-fourth biggest digital asset by market cap. At $8.50, it is still 86% behind its record high of $11.25 set in March. By mid-May, it had dropped below $2.00. The most recent price of OSMO was $1.57. #Binance...

$OSMO, Binance, COSMOS, Cryptocurrencies, DeFi, Front page, News

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UniLend V2 Launched: Becomes 1st True Permissionless Lending & Borrowing Protocol

The UniLend team is looking to revolutionise the lending and borrowing scene in the DeFi space by launching its much awaited V2 testnet on the Goerli chain today. It is the first ever protocol that claims to “Make Every Digital Asset Productive”. Earlier, UniLend Finance CEO, Chandresh Aharwar, unveiled the version of the UniLend Dapp for the first time on Binance Live, calling it “The world’s first true permissionless lending and borrowing...

Airdrop, Binance, dApps, DeFi, Ethereum, Press release, UniLend

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BNB Cross-Chain Bridge Hacked

After a short downtime Thursday night due to reports of an exploit, which proved out to be genuine, Binance’s BNB Smart Chain (BSC) went back up early Friday morning. Binance said that on Thursday, additional BNB were created on the exchange’s cross-chain bridge, BSC Token Hub, leading to a theft of at least $70 million (Cointelegraph). With a market worth of almost $46 billion, BNB is the fourth biggest digital asset. The price...

$BNB, Binance, Front page, Hacks, News

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