Binance Coin (BNB) is one of the hottest cryptocurrencies right now, as it continues to soar after its quarterly burn and ahead of its upcoming hard fork. The native token of the world’s largest crypto exchange by volume has gained over 8% in the past week, reaching $344.93 at the time of writing, according to […]
Binance, the crypto exchange giant, has taken a hard hit after investors withdrew $1.6 billion worth of cryptocurrencies following the recent lawsuit filed by the US Commodity Futures Trading Commission (CFTC). The lawsuit accuses the exchange, as well as its CEO Changpeng Zhao and its former top compliance executive, of “willful evasion” of US law […]
Centralized crypto exchanges (CEXs) have grown tremendously in popularity over the last few years as they have made it easier for users to invest in cryptocurrencies. CEXs have benefited significantly from institutional investments, with over $3 billion in inflows last year. Binance has reportedly raised over $3 billion across four funds, while Coinbase has raised […]
The social media account of Robinhood, a well-known online trading platform in the United States, was hacked to promote a scam token. The scam token, which is called RBH, was built on BSC, thereby tarnishing the reputation of the BNB Chain. The fraudulent activity occurred yesterday, with the hacker claiming that the coin’s initial price […]
To maintain only a portion of the Binance coin in circulation, some $500 million worth of BNB was burned. Only half of the whole supply was burned, according to Binance, leaving the other half in use. The coins were completely removed from circulation when the address 34167E903B9F662A64817266D8A6CE4FE096868DAD0B883E4F838331E280EEFF was used to initiate the burning. In the […]
The first-ever Initial Decentralized Exchange (DEX) Offering (IDO) for WebCamp on the BNB Chain will be released by Bybit, the third-most-popular cryptocurrency exchange in the world. With this advancement, BNB Chain users will be able to communicate with one another and learn more about brand-new initiatives on the Binance Blockchain, ultimately boosting network activity. With […]
The new Binance announcement is anticipated to have a long-term favorable impact on the Binance Coin (BNB). The collaboration with Apple Pay and Google provided the foundation for this announcement. Anywhere on the globe, the integration with these businesses aims to improve the user experience (UX). Payments with Google Pay and Apple Pay would be […]
Changpeng Zhao, CEO of Binance, minimized user complaints by claiming that BNB and the exchange were being affected by external influences that were causing fear, confusion, and doubt.Since the weekend, customer withdrawals on Binance, the biggest exchange in the world, have increased significantly. Rumors about possible money laundering, drug trafficking conspiracies, and insolvency have led […]
Mining is the only way to create new Bitcoins. The miners are recognized for a job well done while mining. A successful Bitcoin miner can always operate a successful business, no matter how the market is doing. You must sign up for a mining pool to earn money mining bitcoin. The top Bitcoin mining pools […]
