Binance is flexing its muscles in a bid to promote BSC over Ethereum.
Founded in 2017 by Changpeng Zhao (commonly known as CZ), Binance has become one of the largest crypto-asset exchanges in the market, providing a wide variety of software products and services for buying and selling cryptocurrencies.
Binance offers a range of products including crypto futures trading, margin trading and lending, powered by centralized and decentralized exchange platforms.
In April 2019, the company launched its own blockchain, Binance Chain, which is secured by a delegated proof-of-stake consensus. Binance Coin (BNB) is the protocol currency for the blockchain as well as the utility token for Binance’s exchange services. Binance Launchpad is a token sale platform that assists in launching blockchain ventures.
In the three years since its launch, Binance has become home to a variety of projects and initiatives ranging from exchange services, blockchain protocols and charity work, to venture accelerators — maintaining momentum through a constant dance of regulatory arbitrage as the exchange extends and launches services in jurisdictions across the world.
Binance Coin passes Tether to become the third-largest crypto by market cap as daily transactions on Binance Smart Chain surpass Ethereum.54518
REN price spiked to a new all-time high shortly after its recent integration with Binance Smart Chain.44580
Binance paused ERC-20 withdrawals without offering a credible explanation, letting speculation about its true motives run wild.50234
Binance Coin overtakes Tether to become the third-largest cryptocurrency by market capitalization after Bitcoin and Ether.29138
Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs.26312
Binance Coin is now the fourth-largest cryptocurrency by market capitalization with the price approaching the $200 mark.16166
PancakeSwap takes advantage of lower costs on the Binance Smart Chain to become the second-ranked DEX by volume.21785
IOST price has increased by 650% in 2021, propelled by DeFi integrations, NFT functionality and staking support from major exchanges.38216
The price of Bitcoin broke $50,000 on futures exchanges, and several data points suggest the U.S. session could see the rally continue.19393
More than $1.89 billion worth of cryptocurrency futures positions were liquidated over the past 24 hours as Bitcoin and Ether sharply dropped.115921
Coinbase Pro is a major bellwether for institutional demand. Now, data from CryptoQuant indicates that short-term selling pressure on Coinbase is mounting.69076
Two Ethereum-native DeFi protocols are headed to Binance Smart Chain, but critics doubt the layer-1 has staying power37850
Everyone’s trying to jump ship from Ethereum’s layer one, apparently.23304
Binance suffered an outage today after announcing consecutive new all-time highs for web traffic.26905