Tag: Binance

Binance Hacker Put Millions Of New BNB In Circulation, What Does This Mean For Price?

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In the early hours of Friday, news broke that a hacker had been able to successfully exploit the BNB Chain. However, unlike decentralized finance (DeFi) hacks that have become prominent in the crypto market, the hacker did not steal user funds. They had actually brought new BNB coins into circulation, in what would be one of the largest hacks recorded in crypto so far. Hack Puts New BNB In Circulation The hack had happened directly on the Binance bridge, where the attacker had been able to somehow convince the bridge…

Kazakhstan grants Binance permanent license to offer digital asset services

After a build-up of multiple memorandums of understanding (MoU) and an initial “in-principle” approval to operate in Kazakhstan, Binance received a permanent license to operate in the country. As of Oct. 6, the Republic of Kazakhstan’s AIFC Financial Services Authority (AFSA) granted the permanent license to both manage a digital asset platform and provide custody services at the Astana International Financial Center. This newly acquired permanent license gives Binance official status as a regulated platform in the country. Gleb Kostarev, Asia Regional Head at Binance, said this is another step…

Binance Coin Looks Good; Will Price Make Rounded Bottom?

BNB’s price continues its bullish structure after a reclaim of this region as the price stays on track to reject major resistance.   BNB trades above key support as price reclaim 8 and 20-day EMA. The price of BNB aims to form a rounded bottom on the daily timeframe.  Binance Coin (BNB) has continued to look more decent in terms of price action against tether (USDT) after reclaiming a bullish structure. Binance Coin (BNB) has had a favorable response as the prices of altcoins and the crypto market look to bounce…

SAND Has Just Been Included On Binance US

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SAND is the native token of the Sandbox metaverse and is used to facilitate gameplay transactions such as purchasing digital land and interacting with user-generated content. Sandbox started out as collaboration between Pixowl and developer Onimatrix Binance listed SAND and is already available for trading on its platform The token is responding positively with this development, trading at $0.86 as of press time Along with the ASSET and NFT-type LAND tokens, SAND makes it all possible for Sandbox to give its users the best gaming experience. Released as a mobile…

GMX Token, Arbitrum Favorite Get Listed On Binance, What Next?

GMX price continues to show bullish strength as price increases on all timeframes, as there is no sign of retracement.  GMX is one of the arbitrum favorites listed on the Binance innovation trading interface.  The price of GMX holds above support as price trends on the daily timeframe to create new all-time highs.   GMX token (GMX) has continued to look bullish as the price trend week in week out on the Arbitrum network as GMX token gets listed on Binance innovative center. The price of GMX has seen a rosy…

Decentralized Exchange Token GMX Surges After Binance, FTX Listings

GMX jumped to as high as $60 from around $40, data on crypto price tracker CoinGecko shows, the highest since January, when the price hit $62. The token has since pared some of the gains, changing hands at $48 at press time. Trading volume soared, reaching $150 million in the last 24 hours, almost 20 times more than the previous day, CoinGecko data shows. Source BinanceDecentralizedExchangeFTXGMXListingsSurgesToken CryptoX Portal

Decentralized Exchange Token GMX Surges Amid Binance, FTX Listings

GMX jumped to as high as $60 from around $40, data on crypto price tracker CoinGecko shows, the highest since January, when the price hit $62. The token has since pared some of its gains, changing hands at $48 at press time. Trading volume exploded, reaching $150 million in the last 24 hours, almost 20 times larger than the previous day, CoinGecko data shows. Source