The world’s largest crypto exchange platform by volume is adding support for a new liquidity infrastructure project, causing its native asset to skyrocket. In a new announcement, Binance says that on May 2nd, it rolled out support for the decentralized omnichain protocol StakeStone (STO). “Binance is excited to announce the 17th project on the HODLer Airdrops page – StakeStone, a decentralized omnichain liquidity infrastructure protocol designed to transform how liquidity is acquired, distributed, and utilized across blockchain ecosystems.” The HODLer Airdrops program, which launched in June 2024, rewards those holding…
Tag: Binance
Ethereum Eyes $2,000 as Binance Supply Drops: Short Squeeze Incoming?
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
KiloEx Hack: Binance Helped Recover $6.1 Million In Lost Funds
Key Notes Binance exchange’s security team joined a few others to investigate and track the $7.5 million fund. The attacker executed a series of transactions on Base, BNB Chain, and Taiko networks which were tracked. KiloEx gave the hacker a 10% bounty, but Binance’s recovery nullifies it. Under the leadership of CEO Richard Teng, Binance has played an important role in recovering stolen funds from the KiloEx hack. The exchange successfully recovered over $6.1 million in cryptocurrencies after the decentralized exchange (DEX) suffered an attack that resulted in the loss…
Stablecoin to Back $2B MGX Binance Deal
Key Notes MGX will invest $2 billion in Binance using World Liberty’s USD1 stablecoin. Eric Trump announced the investment during Token2049 Dubai. USD1 stablecoin will also be available on the Tron blockchain. MGX, a UAE-based investment firm, will use World Liberty Financial’s stablecoin, USD1, to finalize its $2 billion commitment to Binance, a prominent crypto platform. According to Eric Trump, USD1, which is linked to US President Donald Trump, will serve as the official stablecoin for this substantial investment in Binance. Eric Trump, the son of Donald J. Trump and…
Coinbase Sees Major Bitcoin Withdrawals as Binance Derivatives Activity Rebounds
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Bitcoin Metrics on Binance Show Shift That Could Precede Market Squeeze
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin has seen a modest decline in price after climbing above $94,000 earlier in the week. At the time of writing, BTC is trading at $92,775, reflecting a 1.3%…
Binance rolls out Fund Accounts for asset managers, bridging crypto-TradFi gap
Cryptocurrency exchange Binance has introduced a new fund management solution designed to simplify asset management for portfolio managers, highlighting the growing sophistication of institutional tools in the digital asset space. On April 24, Binance launched Fund Accounts, a tool commonly used by traditional asset managers and brokerage firms to consolidate client assets and streamline portfolio management. Binance said Fund Accounts allow portfolio managers to “consolidate externally-raised investor assets into one or multiple omnibus accounts,” which can reduce operational complexity and enable more efficient trading execution. Presumably, these omnibus accounts operate…
Bitcoin Buyers Take Control on Binance, But Funding Rates Flash a Warning
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Binance Sets New Crypto Transfer Requirements for South African Users
Binance tightens crypto transfer rules in South Africa, enforcing user identity checks and compliance prompts starting this month. New Binance Regulations Demand Sender and Receiver Info for South African Crypto Transfers Crypto exchange Binance announced on April 22 that it will begin requiring more detailed information for cryptocurrency transfers involving South African users, a move […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Top Crypto Exchange Binance Airdrops and Lists New Interoperability Altcoin
Binance customers can now trade the brand new native altcoin of a permissionless interoperability protocol. The top global crypto exchange airdropped Hyperlane (HYPER) to qualified users this week and then listed the asset for trading on Tuesday. HYPER is the 15th project launched via Binance’s HODler Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. Hyperlane bills itself as an interoperability protocol for cross-chain communication across different blockchain environments. “Hyperlane is the first permissionless interoperability layer that allows smart contract developers to send arbitrary data…