News
Crypto.com CEO Kris Marszalek has urged regulators to probe exchanges after $20 billion in liquidations, far outpacing any previous market crash, including FTX.
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Binance News
Founded in 2017 by Changpeng “CZ” Zhao, 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.
The Binance ecosystem encompasses diverse offerings, including the Binance exchange for cryptocurrency trading, the BNB Smart Chain enabling decentralized applications, the Binance Academy for educational content and Trust Wallet for secure asset storage and management.
BNB (BNB) serves as the driving force behind the BNB Chain ecosystem, functioning as its native cryptocurrency token. BNB originated from Binance’s initial coin offering and served as a means for users on the Binance exchange to reduce trading fees upon its launch. In 2019, Binance launched a mainnet blockchain, Binance Chain, with BNB as its coin. In 2020, Binance Smart Chain (BSC) was launched as a separate compatible blockchain alongside Binance Chain. In 2022, Binance merged the Binance Chain and Binance Smart Chain ecosystems under a single label: BNB Chain. Both chains still run parallel and serve distinct roles but are housed under a single name.
Despite its success, Binance is under constant regulatory review as authorities examine whether it complies with global financial laws. This highlights the industry’s unstable regulatory environment and has led Binance to bolster its adherence to laws and regulations in various jurisdictions. Nonetheless, its technological prowess, worldwide reach, and forward-thinking leadership solidify its position as a formidable crypto behemoth.
- News
An $11 billion Bitcoin whale returned to crypto markets this week, likely seeking trading opportunities tied to October’s historic crypto rallies and uncertainty in the US.
2843 - News
Changpeng Zhao’s warning highlights a resurgence of threats from state-backed hacking groups, such as the North Korean Lazarus Group.
3015 - Market Analysis
Ethereum onchain activity tops 9.5 billion daily contract calls while the total value locked in tokenized real world assets reached $11.7 billion. Will Ether price follow?
2581 - News
SoftBank’s mobile payment service PayPay acquired a 40% stake in the Japanese subsidiary of Binance after applying for US listing in August.
3212 - News
MetaMask and Infinex have integrated Hyperliquid, the most liquid decentralized derivatives platform, to steal market share from CEXs in the rapidly growing perps market.
1279 - News
BNB Chain traders made millions on new memecoins going parabolic, with one turning $3,500 into $7.9 million amid a surge in onchain trading activity.
8855 - News
The Changpeng Zhao-founded YZi Labs is launching a $1 billion fund targeting builders in the BNB ecosystem as BNB skyrockets to all-time highs above $1,300.
2768 - How to
AI tools, onchain data and community signals are influencing how traders spot tokens before they hit major exchanges.
17573 - Market Analysis
Ether’s short-term correction may set the stage for a larger upside move as ETH’s liquidity metrics turn increasingly favorable.
2384 - News
Binance-backed BNB has outpaced the broader cryptocurrency rally, with a 28% increase in market capitalization over the past seven days, prompting questions from the community.
4635 - Altcoin Watch
USDT dominance dropped as a key altcoin market capitalization metric rose to $1.18 trillion, hinting that a cautiously brewing altseason may be next.
2544 - How to
Venezuela turns to USDT as hyperinflation bites, with merchants pegging prices to Binance P2P dollar rates.
7286 - News
The trader bagged nearly $2 million in profit by investing in the “4” memecoin shortly after Zhao’s social media post following a BNB Chain phishing incident.
40034 - Markets News
Bitcoin rallied close to $124,000 as surging US demand for BTC, shifting Federal Reserve monetary policy and hopes for a bullish Q4 lifted investor sentiment.
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