Sat, February 14

Binance support For Neo (NEO) Network Upgrade

The upgrade will add  two new opcodes MODMUL and MODPOW. No new tokens issued in the upgrade. Today, Binance, the largest crypto exchange by trading volume, has announced its support for Neo (NEO) N3 network upgrade and hard fork. The process  is set to begin on June 19 and the

June 16, 2022 1 min read

Binance Exchange Offers Crypto Refugee Card to Around 70K Ukrainians

Binance is also involved in efforts to aid internally displaced persons (IDPs). 5,000 IDPs will be helped initially with a $1.2 million budget. The world’s top digital asset exchange, Binance, has produced a crypto card for its customers in Ukraine, which thousands of citizens have requested. People who have been

June 15, 2022 1 min read

Around 2,000 Terra Investors File Lawsuit Against Binance’s U.S. Subsidiary

The matter is apparently being handled by Roche Freedman LLP. Binance is accused of misleading investors about Terra in a 72-page complaint. UST and LUNA, two of Terra’s assets, went bust last month, causing major market harm. Cryptocurrency exchanges have to pay the price for monitoring and investigating everyone involved

June 13, 2022 1 min read

Binance Exchange Halts Bitcoin (BTC) Withdrawals Amid Turbulent Conditions

The biggest cryptocurrency’s price fell to $23,964 as per CMC. One can still withdraw Bitcoin on other networks like BEP-20 as per Zhao. With the recent turmoil in the cryptocurrency market, the Binance exchange has temporarily paused all Bitcoin withdrawals. The CEO, Changpeng Zhao, tweeted about it. Zhao has assured

June 13, 2022 2 mins read

Report: Binance Halts EGLD Network Following $1.65M Loot

Binance has suspended all withdrawal and deposit functions of the Elrond (EGLD) network on its platform after a hacker attack. According to a report on CoinQuora, the perpetrator made away with $1.65 million worth of EGLD tokens. The declaration happened on the morning of January 8, 2022, through the exchange’s

June 8, 2022 2 mins read

Binance Lab Announces Investment in PancakeSwap, CAKE Price Surges 9%

PancakeSwap uses an automated market maker (AMM) approach. Despite today’s uptick, the token remains on a long-term downward trend. An investment in PancakeSwap’s $CAKE token, a utility and governance token, has been made by Binance Labs. PancakeSwap is a BNB Chain-based decentralized exchange. It is part of Binance Labs’ objective

June 6, 2022 2 mins read

Binance CEO Said The Metaverse Will be Mainstream in 5 to 10 Years

The metaverse is spin for technology such as 3D, VR, and AR. Binance raised $500M for blockchain and web3 technology. On Sunday the Binance CEO Changpeng Zhao, stated at the talk “Future Metaverse” that, the metaverse will become mainstream in 5 to 10 years.  The talk event is part of

June 6, 2022 1 min read

Binance.US Achieved Idaho License Milestone

Binance’s long-term goal is to be available in all 50 states in the United States. In May, Idaho senators approved the Digital Assets Act Today, Binance.US the world’s largest crypto exchange by trading volume, has gained an operating license in Idaho, increasing its reach in the US to 46 states.

June 4, 2022 2 mins read

$4.8M Worth BabyDoge Tokens Burnt In The Last 12 Hours

 The BabyDoge burn took place at 12:20:07 AM +UTC today.  BABYDOGE has been trading up 0.81% in the last 24h. The official team of the BabyDoge project announced on Twitter a successful burn of 3 Quadrillion in the last 12 hours. As per the data from BSCScan, a blockchain tracker,

June 3, 2022 1 min read

$500M Funding Secured by Binance For Investment in Blockchain and Web3 Sector

An investment fund for blockchain and web3 companies by Binance Labs has been established with $500 million from Binance, the cryptocurrency exchange. It was revealed in a blog post published on Wednesday that private equity organizations such as Breyer Capital, Whampoa Group, and DST Global Partners participated in the funding.

June 1, 2022 1 min read
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