Tag: Binance

Binance refers users to Coinmerce as exchange exits the Netherlands

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Global cryptocurrency exchange Binance has reached an agreement with Coinmerce to refer its users as the firm winds down operations in the Netherlands. In a July 6 blog post, Dutch crypto exchange Coinmerce said “hundreds of thousands” of users based in the Netherlands would be referred from Binance, giving them the choice of transferring their digital assets to the platform for free. Binance announced in June that it would be largely halting its services for Dutch users on July 17, citing a failure to obtain a virtual asset service provider…

Binance CEO Changpeng Zhao predicts bitcoin bull run

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent Twitter Space session, Binance CEO Changpeng Zhao, CZ, predicted the upcoming bitcoin bull market. During the ask-me-anything session on July 5, CZ addressed various topics, including BlackRock’s entry into the cryptocurrency market, regulatory actions against Binance, and his forecast for the upcoming bull run. He noted that bitcoin tends to follow four-year cycles and highlighted the significance of the next Bitcoin halving event in 2024. While CZ acknowledged that he couldn’t predict the…

Binance to deactivate some deposit addresses for wallet upgrade

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Binance cryptocurrency exchange is preparing for another upgrade of its wallet infrastructure, warning users about the upcoming address migration. On July 6, Binance officially announced that it would retire selected deposit addresses in batches as part of a network address migration scheduled for Q3 2023. Binance’s latest wallet upgrade will affect a total of 40 cryptocurrencies, including Bitcoin (BTC), Bitcoin Cash (BCH), XRP (XRP), Solana (SOL), Monero (XMR), Litecoin (LTC), Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT) and others. In addition to wallet addresses, Binance will also deactivate memos. Also known…

Binance CEO Changpeng Zhao reveals when

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Binance CEO Changpeng Zhao has delivered his prediction for the next Bitcoin (BTC) bull market. Speaking in a July 5, “ask me anything” session on Twitter, CZ explained how the price of Bitcoin has historically moved in four-year bull cycles. https://t.co/OENe6Ul4ag — Binance (@binance) July 5, 2023 While he admitted that he can’t see the future, Zhao emphasized the upcoming Bitcoin halving event in 2024 and declared 2025 to be the most likely year for the next bull market, stating: “The year after Bitcoin halving is usually the bull year.”…

Binance, Coinbase and Gemini staff are among the least happy, data suggests

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Crypto exchanges including Gemini, Binance and Coinbase are home to some of the least happy employees in the industry, according to data derived from Glassdoor — though some argue the results may be skewed. A quadrant chart by tech recruitment firm TrueUp — understood to have collated data from job review platform Glassdoor — mapped out how crypto firms stack up when it comes to employee happiness versus growth. 27 of the most valuable cryptocurrency firms were placed on TrueUp’s quadrant chart. A chart depicting the happiest, least happy workers…

Binance Academy Teams Up With Coursera To Provide Crypto And Blockchain Education Worldwide

Binance Academy, the academy arm of Binance, has announced that it is teaming up with Coursera to launch a blockchain education program to spread knowledge about this transformative technology. With more than 124 million registered users across various countries, Coursera is the perfect partner for Binance as they work to provide world-class blockchain education. Taking Blockchain Education Global Blockchain technology is known for its ability to revolutionize various industries and everyday life. Binance, the world’s largest cryptocurrency exchange, has made it its mission to spread the impacts of this technology…

Binance ceases support for deposits and withdrawals of suspended Multichain-bridged tokens

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Binance cryptocurrency exchange has announced it is ceasing its support of deposit and withdrawal services for a range of Multichain-bridged tokens, effective from July 7, 2023.  Binance has officially stated in its blog that the tokens impacted by the decision are Polkastarter (POLS) via BNB Smart Chain, Alchemy Pay (ACH) via BNB Smart Chain, Beefy.Finance (BIFI) via Fantom Network, SuperVerse (SUPER) via BNB Smart Chain, Travala (AVA) via Ethereum Network, Spell Token (SPELL) via Avalanche C-Chain, Alpaca Finance (ALPACA) via Fantom Network and Harvest Finance (FARM) via BNB Smart Chain.…

Australian authorities invade Binance offices amid probe

In a significant turn of events, authorities in Australia have launched a surprise raid on the premises of Binance, the world’s largest cryptocurrency exchange, Bloomberg reported today. According to the report, this action comes as part of an extensive investigation conducted by the Australian Securities and Investments Commission (ASIC) into the closure of Binance Australia’s derivatives division.  The ASIC operation aims to thoroughly scrutinize the operations of Binance’s derivatives arm and thoroughly evaluate the categorization of its clientele, anonymous individuals with insider knowledge divulged. This recent development follows Binance’s previous…