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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

Circle adds 5 new blockchains after Binance delisting

On Wednesday, Circle, the firm behind the second biggest stablecoin in the world, said that it will be expanding USDC‘s availability to five more blockchains. The company behind USD Coin (USDC) and Euro Coin (EUROC), Circle Internet Financial, has shared plans to expand into five other major blockchains. In early 2023, Circle intends to introduce its stablecoin on the following blockchains: Arbitrum, Cosmos, NEAR, Optimism, and Polkadot....

$USDC, Binance, COSMOS, Cryptocurrencies, Front page, News, Stablecoins

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BNB Chain announces zero-knowledge scaling technology

Binance’s main BNB chain has announced the release of its zero-knowledge-proof scaling technology, zkBNB.  As a precautionary measure to ensure scalability, zkBNB was released on the BNB Chain testnet on September 2nd, far ahead of its official launch in November. According to BNB Chain, zkBNB will improve both the user experience and scalability metrics like transactions per second. Vitalik Buterin, Ethereum’s creator,...

$BNB, Binance, Cryptocurrencies, Exchanges, Front page

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Binance will stop supporting rival stablecoin USDC

Binance, the issuer of the world’s third-largest stablecoin, said on Monday that, beginning on September 29, it would convert customers’ holdings in USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) into its own stablecoin (BUSD) in an effort to “improve liquidity and capital-efficiency for consumers.”, a decision that has perplexed many crypto fans. As a result of the move, the world’s largest crypto exchange...

$BUSD, $USDC, Binance, Front page, News, Stablecoins

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Nigeria plans to create a virtual free zone with Binance

The Nigerian government and the cryptocurrency exchange Binance have conducted an initial meeting to discuss the possibility of establishing a special economic zone in Nigeria that would provide assistance for firms linked to blockchain technology and cryptocurrencies. The National Economic and Production Zones Authority (NEPZA), which helps oversee and run free zones in the nation, desires that the end product be comparable to Dubai’s...

Binance, Crypto adoption, Cryptocurrencies, Exchanges, Front page

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Binance Has Expanded Its Zero-Fee Bitcoin Trading Worldwide

Earlier this month, the crypto exchange began rolling out a program to its worldwide customer base that had been piloted in the United States. A broad selection of bitcoin spot trading pairs is being offered free of trading costs in celebration of the fifth anniversary of Binance, the world’s top blockchain ecosystem and cryptocurrency infrastructure provider. Binance has traditionally maintained one of the lowest spot trading costs in...

Binance, Cryptocurrencies, Exchanges, News

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