Tag: Binance

Binance Launches Bitcoin-Backed Token On Native Blockchain
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Binance Launches Bitcoin-Backed Token On Native Blockchain

Binance Crypto exchange has announced the launch of a Bitcoin backed token (BTCB) on Binance Chain, its native Blockchain. The largest Crypto exchange by trading volume made this announcement in its Blog post on the 17th of June. BTCB Available For Trading With Bitcoin Going by the announcement, the just released token will be available…

Binance Set To Release Own Stablecoins Soon
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Binance Set To Release Own Stablecoins Soon

Bloomberg has reported that Binance will be releasing its own stablecoins in the next two months. The report was made on the 5th of June. Binance Will Not Be Releasing A USD-Pegged Stablecoin According to the Bloomberg report, the exchange’s CFO (Chief Financial Officer) Wei Zhou said that the exchange will begin issuing the stablecoins…

Binance Creates Combined Stablecoin Market
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Binance Creates Combined Stablecoin Market

It seems as though the Stablecoin sector is on the way to experiencing major changes. Crypto trading giant Binance, which is currently the largest Crypto exchange in the world by trading volumes, has announced the creation of a combined stablecoin market. Binance currently sees daily trading that is double that of its closest competitor. Binance’s…

Security Token Exchanges
Blockchain Guide, Exchanges

Security Token Exchanges

Blockchain technology has many areas of application, especially in tokenization. Traditionally, the technology has been extensively used in Cryptocurrencies such as Bitcoin, Ethereum, and Monero among others. The popularity of the technology has continued to grow and is now being used in security tokens. These tokens are bringing transparency and helping in addressing challenges associated…

Binance
Exchanges

Binance

Binance is a popular Cryptocurrency exchange that allows its users to purchase and sell various altcoins such as Bitcoin, Ethereum, and Monero among others. The exchange was founded in China before moving its main offices to the Island of Malta after the country banned Cryptocurrencies and related activities. Although the exchange has been around for…

Binance To Experiment A Fiat Cryptocurrency Exchange In Singapore
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Binance To Experiment A Fiat Cryptocurrency Exchange In Singapore

Could a fiat Crypto exchange become a reality in Singapore? Binance has announced that it will test for the new exchange. According to ChangPeng Zhao, the exchange’s CEO and co-founder, the test will be conducted in Singapore. Recently, the exchange has embarked on various projects including entering new markets in America, Europe, Asia, and Africa…

Binance To Register $1 Billion Net Profit In 2018, Says CEO
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Binance To Register $1 Billion Net Profit In 2018, Says CEO

Binance, which is the leading Crypto Exchange in trading volumes in the world, has announced it will be expecting a $1 billion net profit by the end of this year. The First Half Revenues The first half revenues for Binance have already been reported to be in the regions of $300 million, while the number…