The annual percentage yield (APY) for staking Ether is 6%. Binance.US allows customers to stake with as little as 0.001 ETH. A number of platforms have begun ETH staking as the Ethereum network transitions from proof-of-work (PoW) consensus to proof-of-stake (PoS). According to a recent release, cryptocurrency exchange Binance has
Meirelles is all set to join Binance’s advisory board. In 2003, Henrique Meirelles was elected president of the Central Bank of Brazil. Despite the ongoing Crypto Winter, the world’s biggest exchange by trading volume, Binance, is making strides to grow its staff. A former governor of Brazil’s central bank has
Binance to stop its support for USDC, USDP, and TUSD from the end of September. The existing funds of the coin will automatically convert these coins to BUSD. The largest cryptocurrency exchange, Binance recently revealed that the platform will discontinue its support for the stablecoins such as USD Coin (USDC),
The new digital economic zone will assist companies make the switch to blockchain. Collaboration would attempt to establish a “virtual free zone” similar to Dubai’s. Binance and Nigeria are in talks to establish a blockchain-based digital economic zone in Nigeria. The team at Binance has been on a massive expansion
As of September 7th, 2022, all withdrawals and deposits will be frozen permanently. The Terra Classic network will still be available for customers. Binance said in an update that it would stop accepting ETH (ERC20) and USTC (Shuttle) transactions for LUNC (Shuttle). It will also halt transactions on the Ethereum
This only applies to trading between Ethereum and BUSD. Coinbase is evaluating the possibility of keeping both cryptocurrencies listed. Since the release of Bellatrix, the upgrade to Beacon Chain that paves the way for the Ethereum Merge, is scheduled for September 6th. The prominent exchange Binance has stated that it
Binance was subpoenaed to provide any and all data pertaining to any and all files. Exchanges must register with the Treasury Department and adhere to AML rules. Binance was requested by U.S. authorities to hand over records. This was pertaining to the company’s anti-money laundering measures, as well as messages
The Intel had been sent to the Kyber team as confirmed by CZ. Kyberswap announced a bounty of 10% to the hacker. Crypto exchange Binance has helped investigate a $265,000 breach on decentralized cryptocurrency exchange KyberSwap by narrowing down two suspects. On September 1st, an attacker used a front-end flaw
CZ explains that Chen is actually a coworker he met through a mutual friend. CZ responded to criticism in a blog post published by Binance on Thursday. Changpeng Zhao (CZ), CEO of Binance, responded to allegations that the company is a “criminal entity” and “secretly [belongs] in the pocket of
At a block height of 264,000,000, the BNB Beacon Chain is expected to undergo a hard fork. With this upgrade, the network would no longer have DEX functionality. Numerous networks have been concentrating on accelerating the developmental side of things as the bears present the cryptocurrency market in a negative
