November 28, 2024 – Binance, the world’s largest cryptocurrency exchange by trading volume, has announced its first global crypto shopping event, Binance PayDay, to encourage cryptocurrency payments during the holiday season. The event, running from November 28 to December 12, 2024, offers a total of $200,000 in PEPE tokens as rewards for users shopping with…
November 26, 2024 – Binance, the global blockchain powerhouse and largest cryptocurrency exchange by trading volume, has unveiled BFUSD, the first reward-bearing margin asset issued by a crypto exchange. Notably, this offering is designed to provide passive returns for users holding BFUSD and enhanced rewards for those actively trading USDⓈ-M Futures while holding the asset.…
Trust Wallet, the self-custody Web3 wallet used by over 140 million people worldwide, has announced the integration of Binance Connect, a fiat-to-crypto gateway powered by Binance. Notably, this new partnership is designed to improve access to digital assets by streamlining the process of buying and selling cryptocurrencies directly within the Trust Wallet app. Accordingly, the…
The crypto space has a new addition as Usual token ($USUAL) launches on Binance through its 61st Launchpool project. Notably, Usual is a decentralized fiat stablecoin issuer and it integrates real-world assets (RWAs) into the blockchain, aiming to redefine the future of decentralized finance (DeFi). Here’s everything you need to know about this exciting project and…
After raising over one million medicinal protective materials to hospitals worldwide surged by COVID-19, Binance Charity, the non-profit arm of the cryptocurrency exchange company Binance has launched the first-ever fully transparent charity campaign. Тhe Crypto Against COVID campaign, which has already raised more than $4 million in crypto-donations, and has aided in the delivery of more…
Binance and WazirX, a subsidiary the world-renown exchange acquired last year will create a $50M USD fund called "Blockchain for India" according to the announcement on Binance's website. Following the fact that the Indian Supreme Court Lifted the Central Bank's Cryptocurrency Ban, this step from Binance is one business savvy way to capitalize on a newly…
There is little doubt that blockchain development and adoption will make significant progress in the coming year. One clearly emerging trend is a movement by governments and regulators to reign in private use. As more of the public acquires cryptocurrencies, these efforts are all but certain to increase, as the ability to move assets with…
South Korean-based Upbit has become the latest major exchange to be hacked. A thief has stolen 342,000 Ether worth USD $50 million. The exchange has stated that the stolen cryptocurrency did not come from user funds, and that all deposits and withdrawals will be suspended for at least two weeks. As this attack is far…
Cryptocurrency is rapidly moving into the mainstream financial space, and many of the largest crypto exchanges are seeking greater legitimacy and trust from regulators and politicians. Increasingly, these exchanges are enacting know-your-customer (KYC) protocols on their platforms, ostensibly to please these leaders. This move is fueling a heated debate among crypto advocates over the future…
Like most altcoins, Ethereum has seen its market recovery stagnate over the past few weeks. Nevertheless, development of the platform is aggressively moving ahead. A major upgrade, named Istanbul, is expected to take place in September and network usage continues to grow. This progress has once again highlighted the scaling challenges facing the platform, which…