CNS price rallied roughly 1,000% in the past five weeks as new partnerships, a chain migration and the promise of “announcements upon announcements” lure new investors.
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.
Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators.4193
Sanchan Saxena, the vice president of product at Coinbase, said yesterday that the “insane” amount of traffic from signing up to the waitlist temporarily broke the site.17251
BNB price gets a boost as Binance launches a $1 billion blockchain fund.7748
Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland.5798
The announcement stated that the program is the largest ever announced in the crypto space.8215
Binance established three subsidiaries in Ireland during September and the globe-trotting exchange may be settling down.6590
Correlation does not imply causation, but these three indicators did signal prior to Bitcoin’s recent push to $49,000.10962
Regulatory scrutiny from around the world has forced the cryptocurrency exchange to up its compliance and auditing measures.2800
In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%.7092
The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny.10772
Are stablecoins really stable? An in-depth case study based on the third-biggest stablecoin in the world answers the industry’s most pressing concerns.5472
Binance users in Australia have 90 days to close their positions for futures, options and leveraged tokens.11027
The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn’t deterring pro traders from buying the BTC dip.24987
Bitcoin has been leaving Coinbase’s wallets in 2021, while BTC exchange reserves on Binance tell a different story.16766