Tag: Binance

Top Crypto Exchange Binance To Roll Out Support for New Altcoin Connected to Telegram Game

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Top global crypto exchange Binance plans to launch trading support for a new altcoin connected to a viral game on the encrypted messaging platform Telegram. Binance plans to roll out support for NOT, a community token for the popular Telegram-based tap-to-earn mining game Notcoin, via its Launchpool platform, which lets users stake coins to farm new assets. Between May 13th and 16th, Binance users can stake BNB, the crypto exchange platform’s native asset, as well as the stablecoin First Digital USD (FDUSD) into separate pools to farm NOT tokens. The…

Nigeria Denies Binance CEO’s Claims of $150M Bribe Demand; Criticizes Attempt to Discredit Government

The Nigerian government has dismissed allegations from Binance CEO Richard Teng that representatives of the cryptocurrency exchange were solicited for a $150 million bribe by members of the House Committee on Financial Crimes (HCFC). A special assistant to the Nigerian Information Minister characterized Teng’s bribery claim as part of a coordinated international campaign by Binance […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Crypto Exchanges Binance, KuCoin Register With India’s Financial Intelligence Unit

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Top analyst eyes new crypto, hinting a possible end to Binance Coin and Dogecoin reign

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Binance token and Dogecoin dominance could come to an end amid recent price uncertainty. Investors are looking for promising alternatives such as Rollblock Trending crypto coins like Binance (BNB) and Dogecoin (DOGE) have enjoyed their reigns in their respective niches, with both still maintaining a solid position among the top 10 ranked crypto coins by market cap. However, following a month-long of uncertainty, both cryptocurrencies have struggled to keep…

Binance Megadrop vs. Traditional Airdrops: What’s the Difference?

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In the world of cryptocurrencies, the allure of obtaining digital assets at no cost is a powerful draw. Airdrops, a concept as intriguing as it sounds, serve as one of the primary methods through which crypto projects distribute their tokens freely to a broad audience. These events not only enrich individual portfolios but also enhance the token’s distribution and visibility across the market. However, as the crypto landscape evolves, so too do the methods of engaging users and distributing tokens. Enter Binance Megadrop, an innovative approach pioneered by one of…

Binance CEO Says Nigeria’s Detention of Employee on ‘Spurious’ Charges Sets ‘Dangerous Precedent’

Binance CEO Richard Teng has warned that Nigeria’s decision to invite and subsequently detain mid-level employees on what he calls “spurious” charges sets “a dangerous precedent for companies worldwide.” Teng stated that certain lawmakers in Nigeria demanded a significant payment in cryptocurrency to dismiss the charges against Binance. Binance CEO Laments ‘Spurious’ Charges Against Tigran […] Source CryptoX Portal

Binance releases 18th proof of reserve

Binance, crypto’s largest exchange, disclosed reserve increments across the top five digital assets by market cap despite a slump in prices over the past month. The Binance proof-of-reserve (PoR) reported an excess backing of at least over 104% for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), BNB, and Solana (SOL).  “When we say Proof of Reserves, we are specifically referring to those assets that we hold in custody for users. This means that we are showing evidence and proof that Binance has funds that cover all of our user’s assets 1:1,…