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Search Results for: CZ

Binance Lowers Terra Classic (LUNC) Burn Tax to 0.2%

Consolidation charge for on-chain transactions like withdrawals and deposits: 0.2%. The exchange will also cut burn tax from 1.2% to 0.2%. Binance cryptocurrency exchange stated on Wednesday that it will reduce the burn tax on Terra Classic (LUNC) from 1.2% to 0.2%. Proposal 5234 was approved by the Terra Classic

October 20, 2022 1 min read

Binance Launch $500M Lending Project to Aid Crypto Companies

Binance Pool has launched a $500 million leading project to aid crypto mining and startup firms. Binance sustains its expansion plans despite the market’s slump. Binance Pool, Binance’s mining division, has launched a $500 million lending project to support the crypto mining and startup industries. It will make loans to

October 19, 2022 2 mins read

Binance Partners With Crypto Air Tickets for Flight Ticket Purchases

Users will be able to book flights through their marketplace as a result of the collaboration. More than 1,000 airlines and more than 9,000 destinations are available to users. Users can now purchase low-cost flight tickets using cryptocurrency via Binance Pay. Binance recently teamed up with Crypto Air Tickets in

October 16, 2022 2 mins read

Roche Freedman Dropped by Court in Tether, Bitfinex Lawsuit

Roche is a crypto lawyer and founding partner at Roche Freedman. Both Tether and Bitfinex team have expressed their delight after the decision. According to a Bloomberg article from Thursday, the law firm Roche Freedman was dropped as counsel for the plaintiffs in the market manipulation class action case against

October 15, 2022 2 mins read

Over 3 Billion Terra LUNC Burned by Binance Exchange

Binance has burned over 3 billion LUNC, worth around $1 million. Notably, the first trading fee burning amounted to around 5.5 billion LUNC. Today, a LUNC community validator named LUNC DAO tweeted that the largest cryptocurrency exchange in the world, Binance, has burned over 3 billion LUNC worth $1 million,

October 10, 2022 1 min read

Binance CEO Changpeng Zhao Discusses Decentralization

CZ uses the expression “not your keys, not your coins” as an example. The CEO sees decentralization not as a goal in itself, but as a way to achieve a goal. Changpeng Zhao (CZ) shared his thoughts on centralization and decentralization in a new post published on the Binance website.

October 9, 2022 2 mins read

Russian Paramilitary Groups Turn to Crypto Avoiding Sanctions

$400,000 have been raised since the beginning of the invasion in February. The entity bought things like survival gear and ordinary military gear. According to an analysis by blockchain intelligence company TRM Labs, pro-Russian organizations are using crowdfunding campaigns. In order to raise a substantial quantity of Bitcoin and other

October 9, 2022 2 mins read

Binance Smart Chain Been Halted Due to a Hack

Due to an exploit, Binance has halted deposits and withdrawals. Cryptocurrency has been hacked numerous times, resulting in a $2 trillion loss in the value of digital assets. The BNB Chain has temporarily suspended deposits and withdrawals. As rumors spread that the BNB chain had been significantly exploited, the CEO

October 7, 2022 2 mins read

Binance Signs MoU With Kazakhstan Financial Regulators

In August, the AFSA of Astana gave the exchange its preliminary green light. Data will be shared in regard to the detection and freezing of ill-gotten cryptocurrency. The likelihood of Kazakhstan being the next nation to legalize cryptocurrency has lately increased. Binance, one of the most well-known cryptocurrency exchanges, may

October 3, 2022 2 mins read

EY Joins the Enterprise Ethereum Alliance Board to Advance Ethereum Business Readiness

EY Global Blockchain Leader, Paul Brody, Appointed as EEA Board of Directors Representative to Help Guide Increasing Business Adoption of Ethereum WAKEFIELD, Mass.–(BUSINESS WIRE)–The Enterprise Ethereum Alliance (EEA) today announced the advancement of longtime EEA member Ernst & Young (EY) to the Board, the highest level of the organization. In

September 30, 2022 5 mins read