Binance Financial News

10.09 / 07:27

Twitter FIVE Binance Platform Binance Coin [BNB] registers >1 billion in volume in just 24 hours — thanks to…

Binance Coin [BNB] has witnessed significant updates ranging from the stablecoin fiasco to maintaining its top five spots despite FUDs. Whatever the case, Binance enthusiasts and token holders backed the token without any hesitation. Could the latest development see the same picture?

09.09 / 13:43

Ethereum ETH Binance Pool Why Ethereum Classic [ETC] may be the highest gainer till the Merge

Ethereum Classic’s [ETC] hash rate grew substantially in the last three months. This was an expected outcome as Ethereum [ETH] shifts to Proof of Stake (PoS). Hence, many miners have opted to shift to ETC mining.

09.09 / 09:29

UPS Ethereum Binance Crypto markets see flood of Queen Elizabeth memecoins and NFTs

Crypto degens have wasted no time after the passing of Queen Elizabeth II, flooding the crypto market with more than 40 new Queen-related meme tokens, and hundreds of new nonfungible tokens (NFTs) in the same vein.

09.09 / 04:43

Binance USDT Action Gap NOT USDT: Binance action spurs >$15B gap but battle is not yet over

Circle [USDC] has kept Tether [USDT] on its toes in the stablecoin superiority fight since the start of 2022. However, the recent Binance decision to convert other stablecoins except for USDT to Binance USD [BUSD] has dealt USDC’s mission a big blow.

08.09 / 23:57

Blockchain Provident Binance BNB: This new update can be a game changer for profit-seekers

BNB [BNB] marked a promising performance lately, which has induced more hope for the token’s investors. In the last 24 hours, BNB registered more than 5% gains. This made the altcoin one of the top gainers in the top 10 crypto-list by market capitalization.

08.09 / 23:35

UPS Binance LUNC Terra Classic Luna Terra Classic Price Keeps Pumping Higher - LUNC up 80%

Terra Classic (LUNC) appears to be making a comeback following its apparent collapse in early May 2022. One of the year's most impressive comebacks is taking shape around the token. LUNC has increased by 37,000% ever since it gained its bottom following the Terra collapse.

08.09 / 22:15

Blockchain Binance Platform Sky Mavis Bitcoin Law enforcement recovers $30 million from Ronin Bridge hack with the help of Chainalysis

On Thursday, blockchain forensics firm Chainalysis said that law enforcement had recovered $30 million in crypto stolen from the $625 million Ronin Bridge hack in March. According to Chainalysis, Lazarus Group, the North-Korea linked entity behind the attacks, first used sophisticated money-laundering techniques such as sending stolen Ether (ETH) to crypto-mixer Tornado Cash, swapping it for Bitcoin (BTC), sending theBitcoin to Tornado Cash, and then cashing out at exchanges. However, the group recently moved away from such techniques after the U.S. Department of Treasury imposed sanctions on Tornado Cash wallet addresses.

08.09 / 14:57

Binance Tether USDC Usd Coin Binance to convert users' USD Coin into its own stablecoin

USD Coin, Pax Dollar and True USD into its own stablecoin, Binance USD. The move is intended to enhance liquidity and capital efficiency for users, Binance said in a statement https://www.binance.com/en/support/announcement/e62f703604a94538a1f1bc803b2d579f. Stablecoins are a type of cryptocurrency designed to maintain a constant value, for example through a 1:1 U.S. dollar peg. They play a crucial role in facilitating crypto trading, and allow traders to store idle crypto cash without converting it back into fiat currency. Binance said it will stop trading on spot pairs which include USD Coin, Pax Dollar and True USD, although users will still be able to withdraw funds in the form of these stablecoins.

08.09 / 13:01

Blockchain UPS Ethereum Binance BNB Chain Launches Zero-Knowledge Proof Scaling Tech

BNB Chain has launched a zero-knowledge proof scaling technology, zkBNB.

07.09 / 21:13

Blockchain Ethereum Binance Ethereum staking Low Binance US launches low-barrier Ethereum staking ahead of The Merge

On Wednesday, the U.S. subsidiary of cryptocurrency exchange Binance announced that it would introduce an Ethereum (ETH) staking program with annual percentage yields of up to 6.0%. Unlike direct staking on the Ethereum network, which would require 32 ETH, only 0.001 ETH would be required under the new service introduced by Binance US. Regarding the development, Brian Shroder, CEO of Binance US, said:

07.09 / 19:51

Binance USDC Grab Binance Converting USDC and Other Stablecoins to BUSD - A Market Share Grab?

Binance, the largest cryptocurrency exchange by trading volume, has announced that it is removing support for three major stablecoins including Circle's USDC, Pax Dollar (USDP), and TrueUSD (TUSD) on all its products.

07.09 / 19:51

Binance Digital Platform coinbase Top 8 NFT marketplaces in 2022

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07.09 / 14:01

Binance CEO Tether USDT Circle CEO Allaire Supports Binance Stablecoin Decision

Jeremy Allaire, the co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, has responded to the Binance cryptocurrency exchange's move to stop supporting USDC trading.

06.09 / 19:03

Blockchain Stablecoin Binance defi Circle co-founder says converged dollar books on Binance would be good for USDC

According to a new Twitter post, Jeremy Allaire, co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, said that the recent decision by Binance to merge stablecoin dollar books is "a good thing" for USDC. "This move would lead to a gradual net share shift from USDT to BUSD and USDC," said Allaire.

06.09 / 16:13

UPS Binance Digital Binance pulls back from USD Coin as crypto wars heat up

Binance will effectively cease to support USD Coin, a stablecoin that plays a key role in the global digital asset market, in favour of its own token pegged to the US dollar. The competition over a critical element of crypto just got hotter.

06.09 / 16:13

Binance The Fintech Files: Binance braces for £10bn ‘wake-up call’, and why crypto grads want your jobs

Crypto bros love talking about how they are “rewriting the rules” for practically everything from finance to sport.

06.09 / 13:01

Binance Tether Platform Paxful Binance to Convert Users’ USDC Into Its Own Stablecoin

Binance cryptocurrency exchange announced on Monday that it has introduced «BUSD Auto-Conversion».

06.09 / 11:59

Provident Binance Paxful Binance Will Start Converting Users' USDC Into Its Own Stablecoin

Binance said it will remove and cease any trading on spot pairs that include USDC, USDP and TUSD.

06.09 / 08:37

Blockchain Binance Nigeria and Binance Build a Blockchain Hub City for Blockchain Projects

NEPZA, the Nigerian government agency in charge of export processing zones, announced on Saturday that it is in talks with cryptocurrency exchange Binance to establish a "virtual free zone" dedicated to blockchain technology and the digital economy.

06.09 / 03:01

Blockchain Technology Ethereum Binance Withdrawals Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge

Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on selected networks, starting September 6th at 2 am (UTC) in anticipation of Ethereum's Merge event.

05.09 / 19:20

Citi Provident Binance Digital Nigeria, Binance in talks to develop crypto-friendly economic zone

Binance, the world’s leading cryptocurrency exchange, has held talks with the Nigeria Export Processing Zones Authority (NEPZA) to create a virtual economic zone in West Africa. The partnership aims to build a crypto-friendly zone similar to the Dubai Virtual Free Zone, announced NEPZA on Twitter.

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