Category: BSC

06
Apr
2024
Posted in Altcoin BSC

Binance Implements Stricter KYC Standards for Corporate Clients

Cryptocurrency exchange Binance has announced a tightening of its Know Your Customer (KYC) requirements for business clients, signaling a shift toward enhanced compliance measures. Effective from March 20, Binance has…

06
Apr
2024
Posted in BSC

Binance Expands Web3 Wallet with Integration of 35 New dApps

Binance has recently expanded its web3 wallet by integrating 35 new decentralized applications (dApps), enhancing its functionality and usability for users. The latest additions include prominent platforms like Aevo, Ambient…

05
Apr
2024
Posted in Altcoin BSC

Binance to Discontinue Bitcoin NFT Support Amidst Rising Interest

In a surprising move, cryptocurrency exchange Binance has announced its decision to discontinue support for Bitcoin Non-Fungible Tokens (NFTs) less than a year after their introduction to its marketplace. According…

19
Mar
2024
Posted in BSC

Changpeng Zhao Unveils Post-Binance Venture Amidst Legal Woes: A Look into CZ’s Next Move

On Monday, Changpeng Zhao, the ex-CEO of cryptocurrency exchange Binance, revealed details of a new venture.  Zhao posted on the social networking site X that the initiative will be instructional…

19
Mar
2024
Posted in BSC

Binance Surpasses $100 Billion in User Assets

The amount of assets that popular cryptocurrency exchange Binance holds for its members exceeds $100 billion.  With the use of its proof-of-reserves (POR) mechanism, which verifies the holding of 31…

15
Mar
2024
Posted in BSC

BNB Chain Unveils Rollup-as-a-Service Solution to Enhance Layer 2 Ecosystem

Rollup as a Service is a new offering from BNB Chain that aims to grow its Layer 2 ecosystem. A rollup-as-a-service (RaaS) solution from BNB Chain has been introduced to…

09
Mar
2024
Posted in Altcoin BSC

Seven firms, including Ethena and Derivio, are selected by Binance Labs during its sixth incubation season

Seven firms have received investments from Binance Labs, the $10 billion venture capital and incubation division of the cryptocurrency exchange Binance, during the program’s sixth season. The seven startups are:…

07
Mar
2024
Posted in Blockchain BSC

Binance.US Fired 2/3 of Employees, Revenue Plummeting 75% Following SEC Lawsuit

Following the SEC’s action, Binance.US experienced 200 layoffs, a 75% decline in sales, and a $1 billion asset exodus. The exchange’s activities were impacted heavily by lost banking relationships, auditor…

05
Mar
2024
Posted in BSC Policy and Regulation

Binance Suspends Services in Nigeria

The cryptocurrency exchange Binance declared that it will no longer offer any NGN-related services. The company announced today that all leftover NGN balances in Binance users’ accounts will be immediately…

02
Mar
2024
Posted in Altcoin Blockchain BSC

Binance Unveils Toncoin Perpetual Contract Amid Rising Market Enthusiasm

In an ambitious move, Binance Futures, the futures platform of the renowned cryptocurrency exchange Binance, is set to introduce perpetual contracts featuring Toncoin (TON). The announcement, posted on March 1,…

26
Feb
2024
Posted in Blockchain BSC

Magic Square Empowers Web3 Ecosystem with TruePNL Acquisition

In a strategic move marking the evolution of the web3 ecosystem, Magic Square, the web3 app store backed by prominent investors including Binance Labs, has successfully acquired TruePNL, a renowned…

24
Feb
2024
Posted in Altcoin BSC

PancakeSwap’s Innovative Move: Affiliates Unleash New Opportunities for CAKE Token Holders

In a bid to expand its reach and contribute to the decentralized finance (DeFi) ecosystem, PancakeSwap, a prominent decentralized exchange, is set to introduce an affiliate model. This groundbreaking initiative…

24
Feb
2024
Posted in Altcoin BSC

PancakeSwap initiates plans for an affiliate model to provide service to customers in all regions

The company is developing an affiliate model that would enable developers to fork its code and launch a version of the platform on several blockchains. The affiliate initiative aims to…

17
Feb
2024
Posted in Altcoin BSC

Binance Labs Unveils Pioneering Ventures in Latest Incubation Round

In a strategic move to champion innovation, Binance Labs has officially disclosed its financial backing for three groundbreaking projects—Ethena Labs, NFPromt, and Shogun—as part of its ongoing sixth-season incubation program….

15
Feb
2024
Posted in Altcoin BSC

Binance Expands Horizon: 24 New Dapps Enrich User Experience on Web3 Wallet

In a significant stride towards enhancing its digital asset services, Binance Web3 Wallet has recently integrated 24 new decentralized applications (Dapps). This strategic move is geared towards providing users with…

08
Feb
2024
Posted in Altcoin Blockchain BSC

Binance Faces Legal Confrontation as Uzbekistan Imposes Fine for Unlicensed Operations

In a recent regulatory move, Uzbekistan has levied a substantial fine of 102 million soms (approximately $8,200) on international crypto exchange Binance for operating within its borders without the necessary…

17
Jan
2024
Posted in Altcoin Blockchain BSC

Binance Expands Footprint in Thailand with Binance TH: A Joint Venture with Gulf Innova

In a strategic collaboration with Gulf Innova, a subsidiary of Gulf Energy Development, Binance has introduced its joint venture crypto exchange, Binance Thailand (Binance TH). The platform facilitates digital asset…

09
Jan
2024
Posted in Altcoin Blockchain BSC

Binance Introduces Reserve Proof System Amidst FTX Bankruptcy, Upholding Trust in Crypto Exchanges

In the wake of FTX’s abrupt bankruptcy, Binance, the world’s leading cryptocurrency exchange, has proactively unveiled a reserve-proof system to reinforce trust in Bitcoin exchanges. This strategic move aligns with…

29
Dec
2023
Posted in Altcoin Bitcoin Blockchain BSC DeFi Ethereum Markets

Crypto Bytes: Top 10 Breaking News from Cryptoverse

Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an…

22
Dec
2023
Posted in Altcoin BSC DeFi

PancakeSwap’s CAKE Token Surges 20% Following Strategic Supply Cut

PancakeSwap’s native token, CAKE, has experienced a notable 20% surge in value after the decentralized exchange’s team proposed a reduction in the token’s maximum supply. The move, aimed at transitioning…