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“# Binance files US lawsuit against Forbes and two cryptocurrency journalists ” Binance has filed a lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, alleging that an article published under the title Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To Evade…
“# DeFi is here to stay despite signs of a bubble, says Binance CEO ” Changpeng Zhao, the CEO of the world’s largest cryptocurrency exchange Binance, said that decentralized finance is here to stay despite many DeFi projects showing signs of being in a bubble. In a Nov. 17 interview with Russia’s news agency RBC,…
“# Binance briefly pauses Ethereum withdrawals as network suffers ‘minor hard-fork’ ” The Ethereum network has suffered what looks like a hard fork on Wednesday as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair. While initially it was believed to be an internal issue in Infura, a hosting service used by…
“# FUD or regulatory change? Rumor clouds swirl around crypto exchanges ” The mood of fear, uncertainty and doubt, otherwise known as FUD, that has gripped some of the largest cryptocurrency exchanges since October heightened last week — and it had nothing to do with the United States presidential election. “Weird Binance fud Friday and…
“# Binance’s DeFi index crashes 60% as Bitcoin overshadows altcoins ” Bitcoin (BTC) resurgence is continuing to sap capital from the altcoin markets as other cryptocurrencies are struggling to catch up to BTC. DeFi struggles as Bitcoin shines The DeFi Composite Index, first launched by Binance Futures in late August, is seeing its second month…
“# Binance launches African affiliate program after Uganda subsidiary closes ” The world’s largest cryptocurrency exchange is launching a new affiliate program in Africa after announcing the termination of its Uganda-based service. On Nov. 3, Binance officially announced the launch of the Binance Africa Affiliate Program aiming to promote Binance across the region. According to…
“# Leverage is fueling Bitcoin’s rally to highest price since January 2018 ” On Nov. 4, crypto data market aggregator CryptoQuant published a chart indicating Binance’s Estimated Leverage Ratio — open interest divided by Bitcoin (BTC) reserves — has pushed into new all-time highs. The record was set on Nov. 3 after a spike in…
“# CZ and Vitalik agree blockchain based voting is a must ” Binance’s chief executive CZ and Ethereum’s co-founder Vitalik Buterin are in furious agreement that a new blockchain-based voting system is required to improve democratic processes in the United States. But one won’t be as easy to implement as many think. Responding to prolonged…
“# Binance takes credit for thwarting an attempted exit scam on its blockchain ” Binance announced Wednesday the successful recovery of $344,000 in funds from the attempted exit scam of Wine Swap, a project on the Binance Smart Chain (BNB). Wine Swap was an automated market maker platform similar to Uniswap that launched on Oct….
“# Binance CEO denies allegations that the exchange’s US arm is a regulatory decoy ” Changpeng Zhao, CEO of Binance, is pushing back hard against allegations that the crypto exchange set up its U.S. arm to circumvent regulations and surreptitiously profit from investors. According to an Oct. 29 article from Forbes contributor Michael Del Castillo,…