Binance, the biggest cryptocurrency exchange, and the Agency for Innovation and Technology of Georgia (GITA) have signed a memorandum of understanding. The two groups want to collaborate on blockchain-related educational and community projects. As well as the growth of the cryptocurrency industry in the country as a whole. CEO of
Binance CEO Changpeng Zhao shared his plans for the exchange in 2023 at a conference in St. Moritz, Switzerland. CZ said that he plans to increase the exchange’s employment by 15-30% this year. Additionally, he discussed the exchange’s expansion despite the year 2022’s severe bear market. According to his calculations,
Despite the recovery in the cryptocurrency markets following the demise of the FTX exchange, the situation with Binance withdrawals has not yet normalized. According to a recent report from Forbes, Binance has lost $12 billion in assets as a result of users continuing to withdraw money from the exchange. Binance,
Binance has gone a long way since its launch in 2017. By weathering the storm of the bear market and other turbulence, Binance has shown itself to be among the most durable of the bunch. The whole cryptocurrency industry had a rough 2022. The industry has seen it all, from
Last week, a group of investors claimed that $22 million in cryptocurrency had been taken from the trading platform 3Commas due to a breach in the company’s API credentials. Wednesday, 3Commas disclosed that it was responsible for the API vulnerability. The news broke when an unknown Twitter user leaked almost
The world’s largest cryptocurrency exchange Binance CEO Changpeng Zhao ‘CZ’, sat down for a round of questions. And CZ answered anything from how to buy a cool Binance sweatshirt to the FTX collapse in an interview video that was released on Binance’s Twitter account on December 27. The CEO of
Top Cryptocurrency Projects – An Intro Reckoning investment decisions with calculated risk for a crypto portfolio is crucial for any investor. With back-to-back misfortunes around the globe that impact its economy, the overall population go-haywire. As a repercussion, the overall trading community has been baffled in picking a promising and
According to Binance’s Director of Governmental Relations in the Commonwealth of Independent States (CIS), Olga Goncharova, Binance is willing to assist the Central Bank of Azerbaijan (CBA) in developing procedures for crypto regulation. The Binance spokesman told Azerbaijan’s Trend News Agency that regulatory issues were addressed during a recent meeting
Michael Burry, the founder of the investment company Scion Asset Management. And a well-known investor, said on Friday that proof-of-reserves (POR) audits of cryptocurrency exchanges such as Binance and the defunct exchange FTX are pointless. Furthermore, Burry is regarded as the first investor to correctly predict and benefit from the
Recently, the outcomes of Binance’s proof-of-reserves audit were made public, and blockchain analytics firm CryptoQuant used those results to publish a report. Since FTX’s demise a month ago, centralized exchanges have been under intense scrutiny. Binance receiving particular attention for its efforts to convince clients and investors that the exchange
