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Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
21.7.2023
This week’s Crypto Biz looks at Binance’s ongoing efforts to curb declining profits, Ripple’s expectation that U.S. banks may soon adopt XRP and the first signs of venture capital returning to crypto
Price analysis 7/21: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
21.7.2023
Several Bitcoin price indicators suggest that BTC’s narrow trading range could end soon, resulting in a volatile price move in BTC and altcoins
Binance Labs Pours $10 Million into Cross-Chain DeFi Lender, Radiant Capital
21.7.2023
Crypto exchange Binance’s venture capital arm – Binance Labs – has invested $10 million in Radiant Capital, a marketplace for providing liquidity and borrowing cross-chain assets.
Announced Thursday, the strategic funding round will help Radiant build new technologies and product development...
Binance Labs invests in Radiant to lead the next era of DeFi lending
21.7.2023
Binance Labs, an investment and incubation division of Binance, is putting money into Radiant Capital. It is a borrowing and lending service built on LayerZero Labs, which is currently part of the portfolio of Binance Labs. This venture capital round stresses Binance Labs’ dedication...
Binance CEO warns of phishing scams as Uniswap founder gets hacked
21.7.2023
The amount of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently
Binance Coin Price Prediction as Bulls Hold $240 BNB Level – Time to Buy?
21.7.2023
The price of Binance Coin (BNB) has remained flat in the past 24 hours, with its current level of $244 representing a 4% loss in the last seven days.
BNB is also down by 1.5% in the last 30 days and has actually declined by 1% since the beginning of the year, in contrast to most other major...
Former Binance US CEO joins Hashdex board
20.7.2023
Brian Brooks has worked as Coinbase's chief legal officer, Acting Comptroller of the Currency, CEO of Binance.US, and CEO of Bitfury
Liquid staking claims top spot in DeFi: Binance report
20.7.2023
A Binance spokesperson highlighted that there are things to be wary of when liquid staking, including smart contract vulnerabilities, slashing risks and price fluctuations
Binance Labs Invests $10M in DeFi Lender Radiant, RDNT Jumps 10%
20.7.2023
The protocol was built on the architecture of LayerZero, which raised $120 million at a $3 billion valuation earlier this year
24th Quarterly BNB Burn Successfully Completed by Binance
20.7.2023
The embattled crypto exchange giant Binance completed its quarterly burn of 1.99 million BNB coins worth around $477 million on Wednesday successfully.
The exchange has been conducting such quarterly burns of BNB to reduce the token’s supply since October 2017.
The price of the BNB did not see...
Price analysis 7/19: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
19.7.2023
Bitcoin's failure to rebound off strong support levels increases the risk of a deeper correction that could also negatively impact altcoins
Arkham Token Public Sale on Binance Attracts 100,000 Participants, $2.5 Million Raised
19.7.2023
Binance has concluded its public sale of ARKM tokens on behalf of on-chain analytics provider Arkham Intelligence, bringing in almost $2.5 million worth of BNB, the exchange announced Tuesday.
In total, the sale raised 10,288 BNB tokens from 114,454 participants, the exchange said.
Each ARKM...
SEC’s Classification of So-Called Crypto Securities Amounts to $98 Billion in Combined Value
19.7.2023
Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The aggregate worth of these prominent digital assets...
Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
19.7.2023
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank...
Binance Integrates Lightning Network Deposits and Withdrawals
18.7.2023
Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network, taking advantage of lower fees. Binance Completes...
Binance Blockchain Week Brings the Best of Web3 to Istanbul
18.7.2023
ISTANBUL – July 18th, 2023 – Binance is excited to announce that its flagship Binance Blockchain Week conference is coming to Istanbul, Turkey on November 8 and 9, 2023. Binance Blockchain Week brings innovative leaders and conversations together to further the development and adoption...
Report: Declining Profit Forces Binance Crypto Exchange to Scale Back Employee Benefits – Is The Bear Market Back?
18.7.2023
Binance, the world’s largest cryptocurrency exchange, has grown increasingly frugal amid declining profits after boasting that it had prepared a “war chest” last year....
Read More: Report: Declining Profit Forces Binance Crypto Exchange to Scale Back Employee Benefits – Is The Bear Market Back?
Binance Token Faces Growing Pessimism in Crypto Derivatives Market
18.7.2023
Crypto traders are showing pessimism in the derivatives market for the embattled crypto exchange Binance’s native coin BNB amid the growing regulatory turmoil.
The open interest-weighted funding rate turned negative on Binance’s BNB coin this weekend, as per Coinglass data.
The negative open...
Arkham's Token Debuts at $0.75 After Being Sold for $0.05 in Binance Launchpad
18.7.2023
Blockchain analytics firm Arkham Intelligence's native token (ARKM) is trading at $0.74 with a $107 million market cap after it was issued to beta testers and Binance launchpad participants
Binance Abruptly Terminates Argentine Soccer Association Partnership Citing Contract Breach
18.7.2023
Crypto exchange Binance’s Argentina arm has decided to abruptly call-off its partnership with the Argentine Football Association (AFA), accusing the latter over lack of compliance.
In January 2022, Binance entered into a five-year contract with AFA, the governing body of football in Argentina...