The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption.
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.
News that Binance could be under investigation by the U.S. Justice Department and IRS triggered a marketwide sell-off that saw Bitcoin's price drop to $46,000.50813
The price of Bitcoin and Ether both fell between 3% and 5% as the report spread across social media.26474
Polygon, formerly known as Matic, offers 1inch Network more capabilities, including higher throughput and access to large liquidity pools.17230
A cross-chain aggregation protocol enables multi-chain assets to be freely exchanged, and different blockchains to be accessed with ease.4250
There’s a new dog in town, and it’s wasting no time in marking its territory.56500
While Binance Smart Chain expands its footprint, hacks on DeFi protocols housed on the network increase hand in hand.38188
The DOGE imitator gained nearly 1,000% in the past 48 hours as Binance announces it’s making room for SHIB despite Vitalik Buterin owning 50% of the supply.61187
Binance CEO Changpeng Zhao said Bitcoin’s volatility is “probably less volatile” in comparison with some stocks, but data shows Bitcoin is the incontestable winner when adjusting the metric based on returns.51618
BAKE, SYS and UTC have secured triple-digit gains as large and small-cap altcoins capitalize on Bitcoin’s range-bound price action.19050
An oracle system has launched on Binance Smart Chain — enhancing DApps by allowing smart contracts to access real-world data.18080
CBDCs will never offer the same freedom of use as cryptocurrencies like Bitcoin, according to Binance CEO Changpeng Zhao.11974
Decentralized finance protocols on Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations.56659
MocktailSwap is reportedly the first ERC-1155 standard token to launch on Binance Smart Chain.15049
The exchange has failed to publish relevant accompanying documents along with its recently launched stock tokens.5594