Tag: Binance

Binance advises Dutch customers to use licensed local trading partner, Coinmerce

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Due to regulatory concerns, Binance is leaving The Netherlands. As an alternative option for trading needs, Binance has recommended that its customers in the country use Coinmerce. Binance issues Coinmerce notice Binance customers in The Netherlands reported on July 6 that they had been advised by the platform to use Coinmerce for their crypto trading needs. Coinmerce is a crypto exchange, one of the few platforms that Dutch authorities have registered. “Over the coming days, you will receive…

Crypto Exchange Binance Lists Hot Ethereum Altcoin Project That’s Up 110% This Month

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A soaring altcoin project built on Ethereum (ETH) is picking up support from Binance, the world’s largest crypto exchange by volume. Binance recently announced the listing of Pendle (PENDLE) in their Innovation Zone. The platform allows for spot trading pairs with Bitcoin (BTC), PENDLE/BTC, Tether (USDT), PENDLE/USDT, and TrueUSD (TUSD), PENDLE/TUSD. Binance’s Innovation Zone is a dedicated trading space for crypto assets that could be more prone to rapid price swings. Pendle is a tokenized decentralized finance (DeFi) yield-trading protocol that enables investors to purchase assets at a discount and…

Top Binance Execs Leave Crypto Exchange Over Changpeng “CZ” Zhao’s Handling of DOJ Investigation: Fortune

Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that have resigned, a source familiar with the matter told Fortune. In addition, Binance’s Global Vice President of Marketing and Communications Steve Milton left the company in June, according to his LinkedIn profile. Their departure follows Senior Director of Investigations Matthew Price’s recent decision to part ways with the exchange. Source

Binance to soon retire BTC, XRP, DOGE, and ADA deposits addresses

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On June 6, Binance, the world’s largest cryptocurrency exchange, said it would retire deposit addresses and memos of several coins, including bitcoin (BTC), ripple (XRP), dogecoin (DOGE), avalanche (AVAX), internet computer (ICP), solana (SOL), and monero (XMR) in Q3 2023. #Binance will be retiring selected deposit addresses and memos in Q3. This will be done in accordance with upgrading efforts to provide better efficiency and fund security for our users. Read more here 👇https://t.co/o3kwWfPSUu — 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…