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Binance Coin Closes Towards $500. Can It Retest $700 Levels?


Binance Coin found support at $700 after the flash crash shook everyone to the core. Are cryptocurrencies anywhere safer, or will decentralized exchanges be better equipped to deal with such flash crashes? A 50% price fall within a minute, and retracement back to the same level is a nerve-wracking...

Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism


Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...

Binance USD (BUSD): A Case Study for Stablecoin Compliance and Security


Binance USD (BUSD) has become one of the fastest-growing cryptocurrencies in the world, with a variety of use cases and growing demand amid the continued growth of the crypto markets. A key component to BUSD’s success is its unwavering compliance to the world’s most stringent...

Binance Labs Sponsors Biswap Strategically


On 20th October, 2021, Binance Labs announced that it would be making a strategic funding to Biswap, which is a highly rated enterprise on the Binance Smart Chain network. Biswap hub engages in the decentralized exchange of blockchain based assets. Furthermore, it also acts as the underlying...

BTC Futures Open Interest Soars Leading up to Bitcoin ETF’s Official Launch


Prior to the launch of the Proshares Bitcoin Strategy ETF (BITO), open interest in bitcoin futures products has been surging since the start of the month, according to data from the Coinbase Institutional arm Skew Analytics. Binance and FTX command the lion’s share of bitcoin futures’...

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