The mainstream adoption of crypto and crypto-based services continues, as more companies are bridging traditional financial (TradFi) solutions with decentralized financial (DeFi). In an announcement on Feb. 22, a new pilot program launched between Binance and Ingenico payment solutions now allows in-store crypto payments via Binance Pay. Currently, the initial test of this offering is only available on Ingenico AXIUM payment terminals in France. According to the announcement, more than 50 cryptocurrencies will be accepted with this program. Initially, merchants will be paid in cryptocurrency. However, a crypto-to-fiat solution in…
Tag: Binance
Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower – Bitcoin News
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by $1.5 billion over the last seven days. Nansen Researcher Discovers Binance Stacking Circle’s Stablecoin According to Nansen’s data journalist Martin Lee, the amount of usd coin (USDC) held on Binance has been steadily climbing this…
BREAKING! FTX Token Crashes 90% A Meteoric Collapse In The Crypto Market | Gareth Soloway
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BREAKING! FTX Token Crashes 90% A Meteoric Collapse In The Crypto Market | Gareth Soloway In today’s video, Chief Market Strategist of Inthemoneystocks.com Gareth Soloway tells us all about his latest analysis of the charts as well as his predictions and price targets for Bitcoin, ETH, ADA, Solana, and QUANT. The drama between FTX and Binance has worried the bitcoin and crypto community who fear the clash will spillover to the wider market, Fears of contagion from the public spat between Binance…
Binance Unveils New Fan Club Initiative with Exclusive Rewards
Leading exchange Binance recently launched a Fan Club program for users that boasts exclusive team rewards. Binance Fan Token has launched Binance Fan Club as a new royalty system for all holders to interact with and earn. According to the announcement, fans could accrue Star Points via team engagement and unlock many exclusive privileges. These perks include personalized video clips from players, meet & greet sessions, and VIP tickets to team matches. The exchange is also starting two community-rewarding promotions to mark the Binance Fan Club launch. Furthermore, the platform revealed it…
Binance to bring fans closer to sports teams with fan token platform
Crypto exchange Binance has launched a new update to its fan token platform that focuses on helping sports teams engage with their fans by offering various rewards to token holders. In an announcement sent to Cointelegraph, the crypto exchange said that its fan club program will now let fans gather points that they can exchange for rewards that range from getting tickets to games, having access to meet and greets, receiving video clips from their favorite players and participation in exclusive dinners with the athletes. Fan from Binance Fan Token…
Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchanges – Exchanges Bitcoin News
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have access to its bank accounts, denying the allegation that global crypto exchange Binance has “secret access.” Clarifications by Binance US Binance US, a U.S.-based cryptocurrency trading platform affiliated with the global crypto exchange Binance, has refuted reports that compare it to fraudulent and bankrupt crypto exchanges. Binance and Binance US claim that they are separate entities with different management teams. “There have…
Fast-Rising Altcoin Soars 66% After Surprise Listing on Crypto Exchange Binance
A decentralized exchange (DEX) altcoin shot up to a new all-time high (ATH) this week after a surprise listing from the top crypto exchange by trading volume Binance. Binance added trading services for Gains Network (GNS) on Thursday and GNS promptly jumped from around $7.50 before the listing to a new ATH of $12.48, a 66.4% increase. The 142nd-ranked crypto asset by market cap has since retraced to $11.14, though it is still up 45.33% in the past 24 hours. GNS, which launched on November 1st, is up a staggering…
CZ denies report Binance is considering major breakup with US business partners
Binance CEO Changpeng Zhao has denied a report that the company is considering cutting ties with United States business partners. Binance has been the object of increasing scrutiny from U.S. regulators in recent weeks. Bloomberg reported on Feb. 17 that Binance Holdings “is looking at whether to sever ties with intermediary firms such as banks and services firms and is reassessing venture-capital investments in the US,” citing an unnamed source. The source added that tokens from U.S.-based projects, such as Circle’s USD Coin (USDC), may be delisted. On the same day,…
Binance Considers Severing US Ties in Face of Crypto Crackdown: Bloomberg
Binance founder and CEO Changpeng Zhao is looking to end relationships with U.S. banks and service firms, and is also re-evaluating its U.S. venture capital investments, according to Bloomberg’s source. Binance is also considering delisting tokens issued by U.S.-based projects, including Circle’s USDC stablecoin, Bloomberg wrote. Source
Trader Frontruns Gains Network’s Listing on Crypto Exchange Binance to Profit $100K
CryptoX – Cryptocurrency Analysis and News Portal “If this is frontrunning, there could be a few reasons for it,” he wrote. “Insider MNPI, most likely from a rogue employee connected to the listings team who would have details on new asset announcements, or a trader who found some sort of API or staging/test trade exchange leak.” Source The post Trader Frontruns Gains Network’s Listing on Crypto Exchange Binance to Profit $100K appeared first on CryptoX. CryptoX Portal