Tag: Binance

Binance CEO CZ begins working on Vitalik Buterin’s ‘safe CEX’ ideas

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The collapse of numerous major crypto ecosystems in 2022 revealed the urgent need for revamping the way crypto exchanges operate. Ethereum (ETH) co-founder Vitalik Buterin believed in exploring beyond “fiat” methods to ensure the stability of crypto exchanges, including technologies such as Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (ZK-SNARKs).  Following a discussion with angel investor Balaji Srinivasan and crypto exchanges such as Coinbase, Kraken and Binance, Buterin recommended options for the creation of cryptographic proofs of on-chain funds that can cover investor liabilities when required, a.k.a, safe centralized exchanges (CEX). Having a…

#Cryptocurrency – Why Governments are against #Crypto ? #Bitcoin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io India is preparing to clamp down on its booming cryptocurrency trade with a new law likely to be introduced in parliament this month. Details of the legislation remain unclear, but the government wants to ban all private digital currencies, with some exceptions. India hopes that a ban would pave the way for the Reserve Bank of India — the country’s central bank — to gain control over digital money, despite concerns over the lack of advanced data protection laws. The central bank…

Crypto Market Update – Bitcoin Ethereum Price Prediction | Crypto News Today Urdu Hindi 10/11

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoinnewstoday #Cryptonews #ethereumnews 🔥🔥 Crypto Market Update – Bitcoin Ethereum Price Prediction | Big Crypto News Today Urdu Hindi 10/11 ! 🔥🔥. BITCOIN HOLDERS YOU NEED TO WATCH THIS. ETH NEWS TODAY ! In this video we’ll walk you through: Crypto Market Update – Bitcoin Ethereum Price Prediction | Big Crypto News Today Urdu Hindi 10/11 Coin entry level, Price prediction & strategy How to survive the crypto crash and crypto news ABOUT OUR CHANNEL Our channel is about Crypto and Financial…

Binance Puts Ronaldo NFTs in Spotlight With First-Ever Global Ad Campaign

While Binance did not directly address the situation with FTX, it offered a veiled barb at the failed exchange. “There are bad players in our industry, but it’s important to know that there are also creators and innovators, who are working hard to build valuable products and services in Web3,” He Yi, co-founder and chief marketing officer of Binance, told Ad Age. Source CryptoX Portal

Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?

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In the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in ‘hot water’ has shown just how uncertain things can be in the crypto market. Since it happened, there has been some finger-pointing as participants in the space look for someone to blame, and some of those fingers have been pointed at Changpeng Zhao. Is CZ The Cause? The bank run on the FTX crypto exchange had actually started when Binance…

130k BTC Just Flowed Into Binance

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On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price of the crypto. Binance’s Bitcoin Exchange Reserve Has Sharply Spiked Up Over Past Day As pointed out by an analyst in a CryptoQuant post, Binance has received a massive Bitcoin deposit today. The relevant indicator here is the “exchange reserve,” which tells us the total amount of BTC currently sitting in the wallets of a centralized exchange. When the value of this metric goes down, it…

Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next

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Bitcoin (BTC) inflows to largest exchange Binance just saw a giant spike reminiscent of the 2018 bear market capitulation. Data from on-chain analytics platform CryptoQuant shows that on Nov. 18, a giant tranche of almost 60,000 BTC entered Binance’s wallet. Exchange inflows highest since late 2018 BTC price contagion fears thanks to FTX insolvencies and related panic selling are ongoing. Now, the latest on-chain figures from Binance could provide an additional catalyst for nervous markets — the exchange has seen its biggest daily inflow on record. With Nov. 18 not…

Why Binance Halted Transactions With Solana Stablecoins

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Binance and other top crypto exchanges halted stablecoin deposits from the Solana (SOL) blockchain. The companies released an official statement claiming that the measure will be temporary, but it could have harmful implications for the SOL ecosystem.  Solana (SOL) trades at $13.5, with a 5% loss in the last 24 hours and a 3% loss in the previous week. The cryptocurrency is recording significant losses across all timeframes due to the recent event surrounding FTX and the contagion impacting the crypto industry.  SOL’s price trends to the downside on the…

Bitcoin Reserve On Binance Sharply Rises, Whales Preparing For More Dumping?

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On-chain data shows the Bitcoin reserve on Binance has been sharply going up in the last couple of days, something that could be a sign of dumping. Bitcoin Reserve On The Crypto Exchange Binance Has Observed Sharp Growth In Recent Days As pointed out by an analyst in a CryptoQuant post, the funding rates have been negative while these inflows have been made. The “exchange reserve” is an indicator that measures the total amount of Bitcoin currently stored in the wallets of a centralized exchange (which, in this case, is…