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“# Binance hits record high of $80B in daily volume as crypto markets surge ” Changpeng Zhao, the chief executive of Binance, the world’s largest crypto exchange by trade volume, reported a record of $80 billion in 24-hour trade activity on Jan. 4. On Twitter, CZ compared the recent activity to the volume posted during…
“# Bitcoin price dip to $27K costs Binance long traders a record $190M in liquidations ” Bitcoin (BTC) crashing to $27,700 and rebounding seconds later was a shock for some and financial ruin for others, data shows. According to on-chain analytics resource Glassnode, futures traders with long positions lost a total of $190 million on…
“# Binance US CEO predicts $100K Bitcoin by 2022 ” Catherine Coley, CEO of major crypto exchange Binance’s U.S. arm, sees the current Bitcoin bull run as a sign the crypto asset could reach a price up to $100,000. Speaking to news outlet KLTA yesterday, Coley said the recent rally in the price of Bitcoin…
“# US exchanges are suspending or delisting XRP left and right ” Binance.US, the American branch of the global crypto exchange, and crypto-friendly asset trading service eToro are the latest platforms to suspend XRP trading in the U.S. Announcing the news on Thursday, eToro revealed that U.S. customers will not be able to trade XRP…
“# Cover Protocol announces compensation plan following mining contract attack ” Peer-to-peer coverage market Cover Protocol has published a compensation plan for token holders and liquidity providers affected by the recent hack. As part of the process, the Cover Protocol team took a snapshot at block height 11541218, the last transaction block before the exploit began….
“# How DeFi trading is evolving after a whirlwind 2020 ” When the history books are written about cryptocurrency, 2020 will be remembered as the year decentralized finance exploded in popularity. A powerful illustration of how this young, often misunderstood space has grown comes from DeFi Pulse. At the start of January, the total value locked…
“# Binance launches bilateral Bitcoin European options ” Crypto exchange giant Binance is set to expand its cryptocurrency trading catalog with the launch of a European-style Bitcoin (BTC) options contract. Announced on Dec. 28, the launch follows a successful testnet trial carried out back in November. The press statement also revealed that the new options…
“# Binance enables SegWit support for Bitcoin deposits as adoption grows ” Binance, one of the world’s largest cryptocurrency exchange by volume, has incorporated Segregated Witness, or SegWit, support for Bitcoin (BTC) deposits. The SegWit support was extended to deposits on Christmas Eve, Binance said in an official statement. The protocol upgrade was initially enabled…
“# Binance Korea to shut down exchange due to low trading volume ” Binance KR has decided to shutter its operations in South Korea according to an announcement released on Thursday. As part of the press statement, Binance KR attributed the move to declining liquidity and low trading volume of its BKRW trading pairs. BKRW is…
“# Binance launches trading and staking for three more Chiliz fan tokens ” Binance, the world’s largest cryptocurrency exchange by trading volume, is listing another batch of fan tokens by a major sports-focused token platform, Chiliz. According to a Dec. 23 announcement, Binance Launchpool — a platform allowing users to stake tokens for up to…