Binance, the world’s largest crypto exchange, has announced its support for the Terra (LUNA) network upgrade. The Terra community has successfully passed the on-chain proposal for the Phoenix software upgrade v2.4, with a majority of votes in favor of the upgrade. As a result, the price of LUNA has witnessed
A new feature that will enable customers to obtain several deposit addresses for a single network has been unveiled by Binance. At launch, it supports ERC20 tokens issued on the Ethereum network as well as tokens issued on Ethereum-compatible networks such as Arbitrum One and BNB Smart Chain. In the
Binance announced that it had completed the integration of the Bitcoin Lightning Network (LN). The crypto exchange has enabled this layer-2 scaling solution for Bitcoin (BTC) withdrawals and deposits. #Binance has completed the integration of Bitcoin ( #BTC ) on the Lightning Network and deposits and withdrawals are now open.
Bitcoin, the leading cryptocurrency, has experienced significant price volatility, declining by 2.81% to reach $30,350. This sudden BTC price drop in value comes as a surprise to many investors and traders, especially considering the recent positive momentum in the market. The price surge earlier was driven by the optimism generated
Binance, one of the world’s largest cryptocurrency exchanges, has reportedly laid off over 1,000 employees, including 36 in India. This binance layoff primarily affected customer service workers, and said it to be a result of its aim to reallocate resources and enhance talent density within the organization. Binance had previously
Today marks Binance’s sixth anniversary. To mark the occasion, the founder and CEO of the world’s largest exchange Changpeng Zhao (CZ), has reflected on a number of moments in the platform’s history. The company’s chief executive said in a statement that Binance began operations in 2017 as a crypto-to-crypto exchange supporting five currencies
After the departure of Han Ng, Binance hired Eleanor Hughes to fill the position of general counsel. Last week, not only Ng, but also the chief strategy officer of Binance Patrick Hillmann, and the senior vice president of compliance at the cryptocurrency exchange, Steven Christie, resigned from their positions, leading
Binance, the world’s largest crypto exchange, has played an essential role in developing the Web3 sector. Binance’s investment arm, Binance Labs, has invested $15 million into the Web3 gaming platform and publisher, Xterio. The gaming platform plans to use Binance’s funding for games and technological developments. We're excited to announce
Blockchain analytics Lookonchain reported a huge BNB transfer that occurred on Binance in the last 12 hours. An anonymous whale moved nearly 141,835 BNB, worth $35.1 million, to 4 prominent Binance deposit addresses. A giant whale deposited 141,835 $BNB ($35M) to #Binance 3 hrs ago through 4 Binance deposit addresses.
The unveiling of Arkham (ARKM) as Binance’s 32nd project on Binance Launchpad is an excellent development for the cryptocurrency world. With its novel token sale mechanism and exciting features, it seeks to completely overhaul the crypto industry. Binance Launchpad is a crypto financing platform where early-stage companies may get support
