As a result of the recent assault on Ankr, Binance has temporarily suspended withdrawals, as revealed by CEO Changpeng Zhao. Staking tokens on a proof-of-stake network is a breeze with Ankr since the service acts as a distributed node operator, eliminating the need for customers to invest in hardware. The
Terra Classic (LUNC), the native token of the Terra blockchain protocol, is currently witnessing a significant price surge amid the gloomy crypto market. The LUNC is currently trending in the market, with a 14.17% increase in the last 24 hours, according to CMC. At the time of writing, Terra Classic
Binance, the leading cryptocurrency exchange, has entered the Japanese crypto market with the takeover of a regional trading platform, Sakura Exchange BitCoin (SEBC). According to the recent announcement from Binance, it has acquired 100% of the Osaka-based SEBC exchange, which is authorized by Japan’s Financial Services Agency (FSA). With the
On Monday, the price of Bitcoin (BTC) dropped sharply, falling below the $16.5k support level. Bitcoin’s price is expected to drop to $14,500 before confirming a bottom, according to analysts. On the other hand, other analysts think the BTC price may recover from its present low using information from previous
CEO of Binance, Changpeng Zhao (CZ) recently posted a tweet that seemed to take place in Albania, where he met with Prime Minister Edi Rama and the team from RNS.ID, which bills itself as the first sovereignty-backed digital ID platform. It is unclear why CZ is in the southern European
Shiba Inu (SHIB), the memecoin being held in the Binance platform exceeds the amount of SHIB in Crypto.com. Recently, the crypto exchange Crypto.com mentioned around 20% of its reserve is occupied by the SHIB. The valuation of the SHIB is nearly $558 million. Whereas now, Binance holds 87 trillion SHIB
The Monetary Authority of Singapore (MAS), the regulator in charge of the crypto sector, has defended the action it took against Binance, rather than the bankrupt crypto platform FTX. The central bank also warned that cryptocurrencies are extremely volatile, with many losing all of their value. And, on Nov 21,
In a recent announcement, Binance said that it will no longer support trading pairings involving the SRM token issued by Serum including against the Binance exchange token (BNB), Bitcoin (BTC), and Tether’s stablecoin (USDT). Serum is the token used for governance on the decentralized Solana-based exchange backed by FTX and
The Merkle tree Proof of Reserves (PoR) protocol was just announced by Binance, the largest crypto exchange. To better show users where their money is going, Binance says this new function is a must-have. According to a recent tweet from WuBlockchain. The exchange plans to begin rolling out this capability
Binance contributed another $1 billion to industry recovery initiatives on November 24. And the fund was raised to the tune of $2 billion to protect the crypto firms’ recovery. Furthermore, Binance CEO Changpeng Zhao “CZ” indicated that all funds are in BUSD. Yesterday, #Binance allocated ANOTHER $1 billion to the
