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Cryptocurrency Exchanges Binance, Kraken May Be Operating Unlawfully in New York: AG Report

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New York State Attorney General Barbara Underwood has referred three major cryptocurrency exchanges to the state’s Department of Financial Services (NYDFS) for potential violation of New York’s virtual currency regulations. The exchanges referred are Binance, Gate.io and Kraken. This was revealed in the Virtual Markets Integrity Initiative Report released earlier today by the Office of the

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Binance to Launch Live Money Trading Beta on Singapore Fiat Exchange

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Binance, the world’s largest cryptocurrency exchange company, is reportedly planning to open live money trading for its upcoming Singapore fiat-to-crypto exchange starting on September 18. According to a tweet by Binance CEO Changpeng “CZ” Zhao, the news was first revealed during a breakout session at the Cumberland Summit in Singapore last week. This discussion featured major industry leaders, including Gemini’s […]
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The Daily: Binance Tests Fiat Exchange, Russians Mull Crypto Platforms

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The Daily: Binance Tests Fiat Exchange, Russians Mull Own Crypto Platforms, ECB Not Ready for Coin

Binance, the leading cryptocurrency exchange, has announced it will start testing a fiat currency trading platform in Singapore and we’ve got the story in Sunday’s edition of The Daily. Also, two islands in Russia are competing to host the country’s first regulated exchange, and the ECB says Europe doesn’t need a central bank issued crypto. However, Ukraine’s national bank is advancing with its plans to issue a digital coin.

Also read: Bitfinex Building Decentralized Exchange, Bitpanda Adds Zcash  Read more...

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Binance Labs and NEO Invest in Blockchain Gaming Startup Cocos-BCX

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Blockchain gaming startup Cocos-BCX announced today that it has closed a $ 40 million financing round led by top cryptocurrency companies, including Binance Labs and NEO Global Capital, as well as more traditional venture capital firms, including 500 Startups. I just published “Cocos-BCX Welcomes Binance Labs, NEO Global Capital, 500 Startups as Strategic Investors” https://t.co/lGa98J8z92 — […]
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Binance CEO Zhao: Crypto Market Will ‘Absolutely’ Grow 1000x and More

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Changpeng Zhao, the CEO of Binance better recognized as CZ, has said that crypto still has room to grow by more than a thousand times in the years to come. Earlier this week, as CCN reported, Ethereum co-creator Vitalik Buterin stated that while the cryptocurrency sector as an industry can grow by a thousand-fold, it

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Binance Coin (BNB) Holds Ground As Market Sell Off Continues

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Binance Coin (BNB) Holds Ground As Market Sell Off Continues

Binance Coin (BNB) has held its ground even as market selloff continues. Bitcoin (BTC) has exhibited similar behavior but the rest of the market plunged further into the red when Ethereum (ETH) showed signs of weakness. However, these temporary movements are not to be confused as what follows next. There are a lot of solid indicators in the market that tell us that deep down, most investors know that the market is going to reverse at some point.

Continue reading Binance Coin (BNB) Holds Ground As Market Sell Off Continues at Crypto Daily™.

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Binance Follows OKEx In Setting Up Malta Security Token Exchange

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Cryptocurrency exchange Binance has signed a deal with the stock exchange of its new home Malta to host traditional assets using blockchain-based security tokens.

Malta ‘Taking The Helm’

In a press release September 11, MSX, the fintech and digital asset subsidiary of the Malta Stock Exchange confirmed it had signed a memorandum of understanding (MoU) with Binance to launch the security tokens trading platform.

“Malta is taking the helm of regulating blockchain technology and cultivating a center of excellence within the global digital innovation landscape,” Malta Stock Exchange chairman Joe Portelli commented.  Read more...

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Malta Stock Exchange and Binance to Launch Tokens Platform

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MSX PLC, the digital asset arm of the Malta Stock Exchange, has signed a Memorandum of Understanding (MoU) with Binance to launch a digital exchange for trading security tokens, per its press release. The MoU follows Binance’s decision to continue its operations on the island in recognition of the country’s favorable crypto climate.

Earlier in July 2018, the Malta Stock Exchange (MSE) launched the MSX PLC as an investment vehicle that seeks partnership with leading crypto exchanges to create joint ventures in the country. At the time of the launch, an MoU was signed with OKEx to launch an institutional grade security-tokens trading platform dubbed OKMSX.  Read more...

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Crypto Exchange Giant Binance Outlines Plans to Expand in Africa

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Binance Labs Director Benjamin Rameau has stated that Africa is front and center of the company’s expansion strategy as it bets on a vision of the 21st century driven by the world’s youngest population gaining increased access to technology and opportunities. In June, CCN reported that Binance began actualizing its African expansion strategy when it

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Binance Hires IPO Heavyweight as CFO, Fueling Rumors the Exchange is Going Public

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Cryptocurrency exchange Binance has recruited an executive with wide experience in initial public offerings (IPOs) as its chief financial officer. Wei Zhou, who is currently the vice chairman of gay dating platform Grindr, boasts of executive experience running into more than one-and-a-half decades. He began his career at the Hong Kong subsidiary of Goldman Sachs,

The post Binance Hires IPO Heavyweight as CFO, Fueling Rumors the Exchange is Going Public appeared first on CCN

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Is Binance Planning an IPO? Exchange Hires Wall Street Veteran as New CFO

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Binance, the world’s most popular cryptocurrency exchange, announced today that it has hired Wei Zhou, a seasoned Wall Street executive, as its new Chief Financial Officer, a move that could be considered the company’s first step toward an IPO. Introducing Wei Zhou – Chief Financial Officer of #Binance pic.twitter.com/yIZeggIXgR — Binance (@binance) September 7, 2018 […]
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Binance Announces Dexathon Prize Winners

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MALTA – Binance, one of the world’s largest cryptocurrency exchanges, has declared the winners of the Binance Dexathon, a community-driven initiative aimed at solving the speed and capacity issues faced by decentralized exchanges. Nine teams, including five university-based teams, emerged victorious in this coding competition.

The Binance Dexathon leverages the technological excellence of the cryptocurrency and blockchain community to solve the liquidity and efficiency problems presented by current decentralized exchanges. Since Dexathon’s launch on March 16, Binance received decentralized exchange prototypes from talented programmers and blockchain specialists worldwide. Participants of this decentralized exchange coding competition presented implementation protocols that enable the creation of a low-latency and high-throughput decentralized exchange.  Read more...

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Small-Cap Altcoin GoChain (GO) Wins Binance Community Coin Listing

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Small-cap altcoin GoChain (GO), a blockchain platform that boasts 1,300 transactions per second, will be listed on Binance this month after winning the exchange’s 9th Community Coin of the Month competition. #Binance Community Coin Round 9 Winner – #GoChain ( $ GO )https://t.co/MxY9uscfRs pic.twitter.com/JA27HJcmgu — Binance (@binance) September 4, 2018 According to the announcement, GoChain beat out 4 other […]
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Binance Profits Rival Those Of Nasdaq

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Binance Profits Rival Those Of Nasdaq

Someone said it’s unfair to compare Binance with Deutsche Bank (Exchange vs Bank) so I made this 👇👇👇 Now it’s apple to apple I suppose? @cz_binance @heyibinance pic.twitter.com/HxCBSKIAnx

— Dovey Wan (@DoveyWan) August 30, 2018

Binance have recently revealed their profits for the first quarter of 2018 and the findings are very exciting indeed. Total profit for Binance in Q1 2018 stands at around $ 200 million, very significant right?

Continue reading Binance Profits Rival Those Of Nasdaq at Crypto Daily™.

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Binance Profits Rival Nasdaq But With Only 4% of the Staff

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Cryptocurrency exchange Binance continued to wow cryptocurrency commentators as data shows the platform made almost as much profit as Nasdaq in Q1 2018.

8 Months, $ 200 Million

A comparison uploaded to Twitter by Danhua Capital managing Director Dovey Wan August 30 shows that for that period, Binance pulled in $ 200 million against Nasdaq’s $ 209 million.

The figure represents one of several linked to Binance’s rapid growth to circulate among the online community, Wan also noting the exchange beat Deutsche Bank’s Q1 profits by almost $ 50 million.  Read more...

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This Small-Cap Altcoin Is up 143% This Week Leading up to a Potential Binance Listing

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The price of GoChain (GO), a blockchain platform that boasts 1,300 transactions per second, has surged 143% over the last week after it being announced as a contender for this month’s Binance Community Coin vote, which offers a free listing on the world’s most popular cryptocurrency exchange. We want to thank our community for all the support […]
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The Daily: Binance Launches Incubator, Coinbase Adds Info on Top 50 Cryptos

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The Daily: Binance Launches Incubator, Coinbase Adds Info on Top 50 Cryptos

In today’s edition of Bitcoin in Brief we cover stories about Binance exchange launching an incubator program meant to help the development of crypto startups and Coinbase adding educational information on the top fifty cryptocurrencies for its users.

Also Read: Bitcoin-Themed Hostel Opens in Scenic Brazilian Town of Paraty  Read more...

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Binance Labs Will Give Crypto Startups $500K for 10% Stake

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Binance Labs has launched a new Incubation Program for cryptocurrency startups to foster promising early-stage blockchain companies and the ecosystem as a whole. 

Details Of The Incubation Program

The Binance Labs Incubation Program will be extended over a ten-week with the first batch going live by October. During a recent interview with TechCrunch, Binance Labs CEO Ella Zhang said that each batch would comprise of 8-10 blockchain startups. The first batch will gather at San Francisco, California as the company aims at having at least one incubation program every quarter.  Read more...

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Binance CEO Thinks the Crypto Bear Market Should Be Over Soon

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Binance CEO Changpeng “CZ” Zhao believes the ongoing cryptocurrency bear market could soon come to an end. This prediction came after the leader of the world’s most popular cryptocurrency exchange commented on data in a recent tweet that showed Binance’s exchange token, Binance Coin (BNB), as the only top-50 cryptocurrency still positive in 2018. wow, honored. Don't worry, I think the cycle […]
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