Tag: Binance

Binance Launches Blockchain Education Program in Kazakhstan – Blockchain Bitcoin News

Cryptocurrency exchange Binance is behind an initiative to qualify university students in Kazakhstan to work in the industry. Under an agreement with the government, the blockchain course will be added to the curricula of higher education institutions across the country. Binance Exchange to Help Teach Blockchain at Kazakhstan’s Universities The world’s largest crypto exchange, Binance, is launching an education program in Kazakhstan. The trading platform is preparing to provide blockchain training to more than 40,000 students by 2026 at universities and colleges across the Central Asian nation, according to a…

Binance Spreads Holiday Cheer With Themed Gift Card And Secret Santa Events

Place/Date: Paris, France – December 21st, 2022 at 7:16 am UTC · 3 min read Contact: Tal Dotan, Source: Binance Binance, the leading cryptocurrency exchange, is spreading holiday cheer with festive events and promotions. Last year, Binance introduced its popular Gift Cards, empowering users to gift cryptocurrency in a unique and non-traditional way. These gift cards have experienced significant demand, with over 1.8 million traded between July 2021 and October 2022. This year, Binance expanded its Gift Cards selection to include over 238 unique holiday-themed designs. Adding to the festivities,…

Binance joins lobbying group as criticism of the exchange ramps up

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Binance has joined the Chamber of Digital Commerce, a United States crypto industry lobbying group, according to a Dec. 20 press release from the exchange. The move comes after Binance has been criticized for allegedly being unregulated. Binance’s vice president of public affairs Joanne Kubba expressed hope that the partnership would help lead to clear regulations for the crypto industry in the U.S., stating: “As an organization at the crux of the industry’s rapid growth and complex regulatory environment, working hand in glove with policymakers, regulatory bodies and industry groups…

Staggering $3,200,000,000 in Stablecoins Exit Crypto Exchange Binance in 30 Days: Analytics Firm Glassnode

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Leading analytics firm Glassnode says billions of dollars worth of stablecoins are being withdrawn from top crypto exchange Binance. Glassnode says that Binance has witnessed $3.2 billion in combined outflows of Tether (USDT), USD Coin (USDC), Binance USD (BUSD) and Dai (DAI) in a 30-day period. Source: Glassnode/Twitter Based on Glassnode’s chart, Binance’s net outflows of dollar-pegged crypto assets this month appear to be the highest rate of stablecoin withdrawal in nearly three years. Traders and investors have been taking off crypto assets from digital asset exchanges following the high-profile…

Binance Smart Chain User Activity Tanks, Why BNB Price Could Suffer

BNB Price has been seeing a lot of declines since Binance came under fire for the audit published by Mazars. Fear, Uncertainty and Doubt (FUD) had spread like wildfire, leading to more than $5 billion in withdrawals from the crypto exchange. Nevertheless, Binance was able to withstand the onslaught and amid all of this, activity on the Binance Smart Chain has fallen drastically, painting a bearish picture for the BNB price. Binance Chain Activity Drops By 15% Last week, there had been a lot of activity on the Binance Smart…

Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report

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Jo Johnson, the brother of former United Kingdom prime minister Boris Johnson, has reportedly stepped down from his role as an adviser to Binance, according to a report by the U.K.’s Telegraph.  According to the report, Jo Johnson had been advising Binance during the exchange’s efforts to expand into the United Kingdom. The former British prime minister’s brother, also known as Lord Johnson of Marylebone, reportedly took up a role on the U.K. advisory board of one of Binance’s subsidiaries, Bitfinity, in September.  The Telegraph reports that he resigned last week…

Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020

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Binance has acquired Indonesian crypto asset trader Tokocrypto, according to local reports on Dec. 19. The purchase was confirmed in a tweet by Binance CEO Changpeng Zhao (CZ), who characterized the deal as having “just injected more cash and increased our shareholding a bit.” Changes are expected at the exchange. Tokocrypto founder Pang Xue Kai will reportedly step down as CEO, to be replaced by Yudhono Rawis as interim chief. Pang Xue Kai will remain on the company’s board of commissioners. CNBC quotes Pang Xue Kai as saying: “This decision…

Binance US Plans to Acquire Voyager Digital’s Assets for $1 Billion in Bankruptcy Bid – Bitcoin News

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According to a Binance blog post, Binance US has entered an agreement with Voyager Digital Ltd., in order to acquire its assets. The announcement details that the acquisition “sets a clear path forward for Voyager customers’ funds to be unlocked as soon as possible.” Binance Reveals U.S. Subsidiary to Purchase Voyager Digital’s Assets for $1B, Company Bid Seeks Bankruptcy Court Approval At the end June 2022, it was revealed that Voyager Digital secured a line of credit worth $500 million from Alameda Research, but by July 1, the TSX-listed Voyager…

With Binance, Everything Is Not Fine

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