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    Tag: binance smart chain

    Binance’s BNB Chain Introduces Optimism-Powered Layer-2 Testnet

    A new layer-2 chain called opBNB has been introduced by the blockchain founded by Binance, although some argue that there are alternative ways to scale the network.

    Are Centralized Exchanges (CEXs) like Binance Effectively Ensuring User Protection?

    According to Nansen's report, the downfall of FTX has significantly impacted user trust in CEX (centralized exchange). Consequently, users are now demanding greater transparency and security measures.

    FOMO Disappeared: Binance “Kicked” PEPE Coin Amid Leaving the Dutch Market

    Binance, the world's largest digital currency exchange, has dealt a fresh blow to the frog-themed memecoin PEPE by delisting the token as a loanable asset from its Flexible Lending program.

    Binance.US Delists 102 Trading Pairs, Pauses OTC Trading

    Cryptory.net - Binance’s exchange in the US, Binance.US, has delisted a series of trading pairs just 2 days after being sued by the SEC.

    Wintermute Transfers $4 Million+ Worth of Optimism Tokens to Binance Ahead of Token Unlock

    According to Spot on Chain, an on-chain analytics platform, Wintermute sold the tokens at a rate of $1.63 per OP.

    Binance Kicks off Shifting to New Platform in Japan

    Binance has begun the process of establishing a new and fully regulated subsidiary in Japan after five years of absence from the Japanese market.

    Binance Suspends Bitcoin Withdrawals for the Second Time Within 12 Hours

    Due to a “large volume of pending transactions”, Binance has temporarily suspended BTC withdrawals.

    Long and Short Traders Lost $360 Million Due to Market Volatility

    Rumors about the U.S. government and the now-defunct crypto exchange Mt.Gox selling their holdings sparked a sudden price movement in Bitcoin.

    Binance’s CZ Ranked Among The Richest Men In Finance, But Later Refuted The Claim

    Bloomberg reported that CZ's net worth is $28.2 billion, and the majority of his wealth comes from his cryptocurrency exchange, Binance.