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Binance to Cover USD 10m in Losses for Users Affected by the COVER Hack


Source: a screenshot, Instagram/binance Following a COVER smart contract hack, major crypto exchange Binance announced they will use their funds to cover their users' losses to the tune of USD 10.1m. "In addition to the compensation plan from the COVER team, Binance will utilize the Binance...

Binance US Says It Will Delist XRP on Jan. 13


Cryptocurrency exchange Binance announced that embattled token XRP will be delisted from Binance.US on Jan. 13, 2021, becoming the latest exchange to do so. The story is developing and will be updated

Crypto Market Sentiment Slips; Binance Coin Takes The Medal Again


In the second-to-last week of 2020, the market had another rally and bitcoin (BTC) hit new all-time highs, but the market sentiment dropped. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins fell from the positive 6 it managed to climb to in the week...

Binance CEO Says Expansion to Japan Is ‘Unlikely’


The Binance chief and founder Changpeng “CZ” Zhao has talked down the possibility of his exchange expanding to Japan. Although he stopped short of ruling out launching a Japanese branch, he indicated that the prospects of opening a Binance platform in Tokyo were “unlikely.” The Binance boss...

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