Thu, November 7

Binance Research’s November 2024 Report Highlights Crypto Market Resilience

Binance Research’s November 2024 Monthly Insights report looks at important performance factors and current developments in the cryptocurrency sector. The overall market capitalization of cryptocurrencies increased by 2.8% in October 2024, mostly as a result of robust BTC inflows brought on by spot ETF activity and positive U.S. employment statistics.

7 hours ago 3 mins read

Can the Solana Options Launch on Binance Boost SOL to New Highs?

Binance, the largest centralized crypto exchange by volume, has announced the launch of Solana — SOL/USDT —options on its Options Trading platform, starting from November 12. This announcement comes at a time when SOL is experiencing a surge in investor anticipation of its potential to reach a new all-time high

7 hours ago 2 mins read

Binance Donates $3M to Spanish Red Cross for Valencia Flood Relief

Binance Charity, the philanthropic arm of the global blockchain firm Binance, is leading the donation of $3M to the Spanish Red Cross (Cruz Roja Española) in order to provide assistance to relief operations in the region. This contribution is in response to the disastrous floods that occurred in the Valencia province of Spain. In order

November 5, 2024 2 mins read

Binance and CZ Seeks Dismissal of SEC’s Amended Complaint

Binance and its former CEO, Changpeng “CZ” Zhao, have filed a motion to dismiss the SEC’s amended complaint against them. The motion, submitted on Nov. 4, accuses the SEC of failing to provide clear regulatory standards for the crypto industry. Binance’s legal team contends that the SEC’s approach contradicts a

November 5, 2024 2 mins read

Binance Research Report Explores the Rise of Memecoins Amid Economic and Cultural Shifts

A recent report by Binance Research ‘Understanding the Rise of Memecoins’ explores how economic and cultural changes have fueled the meteoric rise of memecoins as a distinct asset class within cryptocurrencies. The macroeconomic environment, including inflation and growing financial disenchantment, especially among Millennials and Gen Z, is examined first. In this setting,

November 4, 2024 3 mins read

Binance Co-Founder Attempts to Dispel FUD on Project Listing Fees

A few days ago, the CEO of Moonrock Capital took to Twitter to allege Binance of charging high fees for listing. Following this, several prominent crypto members began discussing the issue bringing to the forum varied opinions. It also raised concerns for decentralized projects and their scope within centralized exchanges

November 4, 2024 2 mins read

Trader Bets on Kamala Harris Despite Trump’s Pro-Crypto Support

A crypto whale withdrew $5 million in USDC from Binance just 12 hours ago, making waves in the market. The funds are intended for a high-stakes bet on Kamala Harris winning the U.S. presidential election. A whale withdrew 5M $USDC from #Binance to bet on #Harris winning the #USelection 12

November 4, 2024 2 mins read

BNB Chain Eyes Investment in 35 Finalists from MVB Season 8 Program

The BNB Chain ecosystem continues its expansion through the Most Valuable Builder (MVB) program, a collaborative initiative between Binance Labs and CMC Labs designed to discover and nurture promising blockchain projects. From an initial pool of 500 applications, the program has identified 35 standout projects for its eighth season. BNB

October 31, 2024 2 mins read

Binance Taps Amazon Web Services to Boost AI-Driven Customer Experience

Today, Binance, the world’s leading blockchain ecosystem, driving the world’s largest crypto exchange by trading volume and users, announced that it will use Amazon Web Services (AWS) to enhance customer support, internal automated system diagnosis, and troubleshooting on Binance. By using AWS, Binance integrates blockchain technology and cloud computing services into its business and

October 31, 2024 3 mins read

Binance Appoints Jeff Li as VP of Product to Drive Web3 Expansion

During Binance Blockchain Week, Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange by trading volume, announced today that Jeff Li has been appointed as its new Vice President of Product. Jeff will be concentrating on growing and improving Binance’s product line to make sure it stays at

October 31, 2024 3 mins read