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Nalezeno "Binance": 10160

Binance to Provide Proof-of-Reserves Following FTX Bust – Other Exchanges to Follow Suit?

9.11.2022
Major crypto exchange Binance will follow Gate.io 's and Kraken's example and start doing Proof-of-Reserve (PoR) audits, said CEO Changpeng Zhao. Zhao, known as CZ, tweeted on Tuesday evening (UTC time) that Binance would "soon" start to do proof-of-reserves, arguing that: "All crypto exchanges...

Binance to buy non-US operations of FTX

9.11.2022
FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Binance has agreed to move forward by signing a non-binding letter of intent, or LOI. The acquisition...

Bitcoin, Ethereum Technical Analysis: BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath

9.11.2022
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirmed its intention to absorb the failing exchange. Ethereum was also lower, dropping below $1,200....

BNB becomes a victim of extreme selling: Can it revive?

9.11.2022
Binance, the world’s largest crypto exchange platform, has signed a letter to compete in buying another major crypto exchange platform, FTX. The Binance community members are excited because FTX is the third-largest exchange by volume. As a result, the BNB price will surge in the future...

FTX Token Price Prediction - Can FTX Recover as it Falls 70% in 24 Hours

9.11.2022
FTX Token price prediction is bearish as FTT has plunged over 80% from $22 to $4. On Tuesday, Sam Bankman-Fried shocked the cryptocurrency community by announcing that Binance would acquire his exchange, FTX. However, the purchase was revealed by FTX CEO Bankman-Fried in a tweet on Tuesday,...

Alameda Research FTT token transfer from September fuels wild speculations

9.11.2022
According to on-chain data, FTT token supply increased by 124.3% on September 8 when 173 million FTT tokens were created by a 2019 ICO contract, and Alameda was the recipient

Ethereum Gas Fees Skyrocket 10x Amid On-Chain Panic – Here’s What You Need to Know

9.11.2022
Ethereum network fees skyrocketed tenfold to as much as 318 Gwei on November 8 with a simple transaction nearing the level of $10 at one point. This, paired with the ongoing crypto market crash, has triggered a decrease in the coin’s price to below the level of $1,200. The prices of other tokens...

Binance tops up SAFU fund at $1 billion amid price fluctuations

9.11.2022
Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on

Bernstein: Binance-FTX Deal May Attract Antitrust Regulators’ Attention

9.11.2022
The combined company would have a more than 80% share of the global crypto market, the report said

Crypto Prices Crash as FTX Crypto Exchange Collapses – What We Know So Far

9.11.2022
The price of almost all major cryptocurrencies crashed today after it was announced that major crypto exchange FTX will be acquired by rival Binance in a strange turn of events. The world's largest cryptocurrency has lost more than 8% over the past 24 hours, currently trading around the $18,000...

FTX-Binance standoff highlights the need for clear rules, says Sen. Lummis

9.11.2022
Market manipulation, lending activity, and safeguarding of customer funds and assets are some of the many issues Senator Lummis plans to address in the coming days

Tether, Circle and Coinbase deny having exposure to FTX and Alameda

9.11.2022
Coinbase CEO Brian Armstrong said that the recent FTX and Alameda debacle was a result of risky practices such as the misuse of user funds

Binance Tops Up Emergency Insurance Fund 'SAFU' to $1B After BNB Volatility

9.11.2022
Binance token-related addresses were topped up with over $700 million in different tokens

Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round

9.11.2022
Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use the recently raised funds to develop and add new features to its proprietary technology....

Middle East, Asia and Africa blockchain association launches in Abu Dhabi

9.11.2022
A new blockchain body has been launched with the backing of industry leaders in the Middle East region including figures from Binance, Crypto.com, and the largest crypto exchange in the region

SBF tumbles off Bloomberg's billionaire index after trouble at FTX

9.11.2022
Sam Bankman-Fried no longer ranks in the top 500 on Bloomberg’s billionaire index, but CZ remains at rank 87

Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays

9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...