Leading cryptocurrency exchange Binance is focused on capturing institutional capital as the cryptocurrency market begins to mature. According to a recently published operations summary, Binance has taken steps toward the development of comprehensive services designed specifically for institutional and professional investors, adding to their already robust retail-focused product lineup. Since our inception, #Binance has been dedicated to providing the highest […]
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Binance CEO: Market Still in Good Position — Real Crypto Volume 2x Larger Than Reported Stats
In an interview on CNBC Crypto Trader hosted by Ran Neuner, Binance CEO Changpeng Zhao (CZ) stated that the crypto market and Binance are still in a good position even after nearly a year of downward price movement. Binance Maintaining Healthy Business Over the past 11 months, the cryptocurrency market has lost more than 70
The post Binance CEO: Market Still in Good Position — Real Crypto Volume 2x Larger Than Reported Stats appeared first on CCN
Bitmain Sues Hacker Over $5.5 Million in Crypto Stolen From Binance
Chinese crypto mining giant Bitmain has reportedly filed a lawsuit in Seattle with the U.S. District Court for the Western District of Washington on November 7 against an anonymous hacker for an alleged $ 5.5 million theft from the company’s Binance account in April. According to court documents, the unknown hacker, referred to as “John Doe,” was able to take over Bitmain’s […]
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Exchanges Roundup: Binance ‘Very Healthy’ Despite Volume Drop, Gate.io Breached
In cryptocurrency exchange news, Binance’s CEO has described the exchange as “very healthy” despite the dramatic reduction in trade volume compared with early 2018, and Gate.io was recently breached via a malicious script added to web analytics provider Statcounter. Also, a South Korean ICO raising money for a crypto exchange desk appears to have pulled a $ 2.73 million exit scam.
Also Read: Korean Exchange Terminating After Regulator Crackdown
Binance Unphased by Dwindling Volume
Speaking to CNBC, CZ, the chief executive officer of the largest exchange by volume, Binance, recently discussed the declining trade volume posted throughout the current cryptocurrency bear market.
Cryptocurrency Exchange Giant Binance Launches Research Division
Binance announced around midnight Chinese time yesterday that it is branching beyond being an enterprise-quality consumer token exchange with the launch of Binance Research, an investigative subproject which relays in-depth, objective information on upcoming tokens – presumably, tokens listed on the exchange. Binance Research is a new pillar of the Binance ecosystem, focused on the
The post Cryptocurrency Exchange Giant Binance Launches Research Division appeared first on CCN
Binance Research Launches With Loom Network and GoChain Reports
Leading cryptocurrency exchange Binance has launched a new research division, called Binance Research, focused on providing institutional-grade reports on blockchain projects. With a focus on providing objective, quality analysis on blockchain projects, @BinanceResearch aims to increase transparency in the industry. Learn more about the process behind our institutional-grade Binance Research reports.https://t.co/mjXVAQIE4E — Binance (@binance) November 8, 2018 According […]
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Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account
Bitcoin mining giant Bitmain has filed a lawsuit against a mystery hacker who allegedly stole bitcoin from one of the firm’s cryptocurrency exchange accounts. According to the suit, which the China-based Bitmain filed on Nov. 7 in the US District Court for the Western District of Washington, the unknown hacker infiltrated Bitmain’s Binance account in
The post Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account appeared first on CCN
The Daily: Binance Launches Analysis Division, Cobinhood Adds 4 Stablecoins
In this edition of The Daily, we cover the launch of Binance Research, a new analysis division that will produce in-depth reports for customers of the leading cryptocurrency trading platform. We also look at Cobinhood’s decision to add several stablecoins to its platform and the reasoning behind the move. In addition, we focus on SWIFT’s denial of rumors that it has partnered with Ripple, as well as a plot of virtual land that was sold on Decentraland for a record amount of money.
Also read: Security Experts Rank Exchanges by Safety, Malta Dominates Trade
Binance Launches Research Arm For “Institutional-Grade Research Reports”
Popular cryptocurrency exchange Binance announced today that it has launched a new division dedicated specifically to industry analysis.
In a November 8, 2018, announcement, Binance described some of the responsibilities of this new division, which has been dubbed Binance Research. The research is “focused on the creation of institutional-grade research reports” and has “the aim of increasing transparency and improving the quality of information available within the crypto space.”
To this end, Binance has paired the official public announcement of this new division with some of the research that it has already been doing before going public. The articles that have gone live concurrently are examples of the kind of content that this new division will generate in the future.
Binance Remains Biggest Crypto Platform, Volume of Exchanges in Korea Surge
Blockchain Transparency Institute released the global crypto exchange rankings of November, ranking Binance at the top with a 24-hour volume of $ 1 billion. With more than 160,000 24-hour web users, Binance easily surpassed OKEx, the second largest crypto exchange in the market, in terms of the number of active users, volume, mobile volume, web visitors,
The post Binance Remains Biggest Crypto Platform, Volume of Exchanges in Korea Surge appeared first on CCN
Exchanges Roundup: Devere Launches Crypto Fund, Binance Uganda Claims 40,000 Users
Devere Group has announced the launch of a digital asset fund and Binance Uganda claims to have onboarded 40,000 users during its first week of operating. In other news, Grayscale’s quarterly report has estimated that 70 percent of the investments it received during Q3 came from institutions.
Also Read: Regulations Roundup: Ebang IPO Challenged by Probe, Plattsburgh Passes Mining Guidelines
Devere Launches Digital Asset Hedge Funds
UK-based financial consultancy Devere Group recently launched Devere Digital Asset Funds in partnership with Dubai-based Dalma Capital Management Ltd.
Bitcoin Cash Price Jumps 10% after Binance, Bitcoin.com Reveal Hard Fork Plans
The bitcoin cash price awoke from its slump on Friday, mounting a double-digit percentage rally during the early evening hours after two major cryptocurrency firms revealed their plans for the BCH hard fork that is scheduled to take place in less than two weeks. Bitcoin Cash Posts Double-Digit Rally Like most of the large-cap crypto
The post Bitcoin Cash Price Jumps 10% after Binance, Bitcoin.com Reveal Hard Fork Plans appeared first on CCN
WEX Accounts Frozen By Binance
As said by CCN:
“Intrigue abounds around the allegedly Singapore-based WEX exchange, whose ownership and activities have both been called into question in recent months.”
One key thing to look at was the exchange listing a much higher market price for Bitcoin and strangely overcharging for USDT. Prior to this, an interesting report on the exchange written by Conor Maloney which partly explained:
“WEX is a rebranded version of the BTC-e exchange which was shut down in connection to a multi-billion dollar money laundering operation with a Russian national named Alexander Vinnik reportedly charged in connection with the criminal operation.
Binance Freezes WEX Accounts Caught Moving Possibly Stolen Funds
Intrigue abounds around the allegedly Singapore-based WEX exchange, whose ownership and activities have both been called into question in recent months. Particularly of interest was the exchange listing a much higher market price for BTC and weirdly overcharging for USDT. CCN previously gave our readers an overly interesting report on the exchange in which writer
The post Binance Freezes WEX Accounts Caught Moving Possibly Stolen Funds appeared first on CCN
Binance Freezes Funds on Multiple Accounts with Dubious Crypto Exchange
Binance has frozen multiple accounts associated with the cryptocurrency exchange Wex, citing money laundering concerns.
The CEO of Binance went on Twitter recently to announce the freezing of multiple accounts owned by Wex, claiming that Binance will cooperate with law enforcement in any way possible should a criminal investigation result from alleged money laundering.
Wex, a Russian-based cryptocurrency exchange, has had a troubled history, to put it mildly. Going formally under the name of btc-e, it drew community unrest when its alleged operator, Alexander Vinnick, was arrested. It subsequently rebranded to the current name and set up a New Zealand-based server.
eToro Lists Binance Coin (BNB) as Its 14th Cryptocurrency
Tel Aviv-based eToro added Binance Coin (BNB), the exchange token for Binance, to its social trading platform on Monday. We are pleased to inform you – Binance Coin is now available on eToro. Here are a few things you should know about $ BNB:▪ Created by the world’s largest crypto exchange, Binance, BNB was launched in mid-2017. — eToro (@eToro) […]
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Justin Sun Donates Millions To Binance Charity
Millions have been donated to Binance’s charity by TRON and Justin Sun.
In a testament to the strong core values of the cryptocurrency industry, as revealed by Binance’s one and only Changpeng Zhao, prominent entrepreneur Justin Sun recently approached Zhao with the offer of a $ 3 million donation. It’s wrong to assume that Sun donated this large amount of money with ulterior motives but was simply out of goodwill! Zhao took to Twitter said:
“Justin proactively approached us and made a very generous donation, $ 3m USD equivalent. Respect!”
DCR Surges 25% After Being Listed On Binance
Imagine all the altcoins that wish they could get listed on the biggest exchanges like Coinbase and Huobi. But the biggest exchange is Binance and so for an altcoin to get on there must be a magnificent boost for the coin.
The latest listing to get on the aforementioned crypto exchange is Decred and while the rest of the market is still in a tough spot, Decred seems to have shot for the stars. According to CoinMarketCap, DCR has surged by nearly 25% in less than two hours after the announcement and it is currently trading at $ 48.06 at the time of writing. This is its highest price since earlier in August this year.
Decred (DCR) Jumps 25% on Binance Listing Announcement
The price of Decred (DCR), a blockchain platform that leverages a hybrid proof-of-work (PoW) and proof-of stake (PoS) consensus model, is up 25% to $ 48.17 after being listed on Binance, the world’s leading crypto exchange. #Binance Will List #Decred ( $ DCR) on 2018/10/24https://t.co/b4EPrXG9cQ pic.twitter.com/SJEtkfeH3D — Binance (@binance) October 23, 2018 According to the announcement, Binance will open trading for DCR/BNB […]
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Binance Coin (BNB) Might Take Tether (USDT)’s Spot
Chart for BNB/BTC (1D)
Binance Coin (BNB) has attained a unique reputation as a Tether styled coin that continues to remain stable even as the market bleeds. This behavior on behalf of Binance Coin (BNB) was also observed during the past few minor corrections. The coin is down only 33% since its all time high, compared to 70% for Bitcoin (BTC) and 85% for Ripple (XRP). This shows that smart money believes in the long term prospects of the crypto markets, now more than ever. With the lack of confidence in Tether (USDT), Binance Coin (BNB) is all set to become the new favorite for parking money during bad times.
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