Tag: Binance

Bhutan Enables Crypto Tourism with Binance Pay and DK Bank

Bhutan, a South Asian country renowned for its cryptocurrency investments and mining operations, has introduced a cryptocurrency payment platform designed for the tourism sector in collaboration with Binance Pay and DK Bank. This innovative payment system allows tourists to visit Bhutan and pay for goods and services using cryptocurrencies stored in their Binance accounts. Over a hundred different cryptocurrencies are supported by the system. Merchants in Bhutan can easily accept crypto payments by scanning a QR code on their phones. Tourists can make payments using crypto assets such as Bitcoin…

Binance Halts Some Token Transfers Ahead of Ethereum Upgrade

Key Notes Binance plans on temporarily suspending deposits and withdrawals on some networks. Users will not be able to deposit and withdraw tokens based on Ethereum networks during this period. Trading is not affected by the suspension. Cryptocurrency exchange Binance intends to briefly halt deposits and withdrawals for select tokens on May 7, 2025, starting around 09:45 (UTC), in order to accommodate the Ethereum network upgrade and hard fork, aiming to maintain optimal user experience Binance disclosed that it plans on temporarily suspending the deposits and withdrawals of tokens based…

72% Of Binance Traders Go Long On Dogecoin, What Does This Mean For Price?

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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. Despite the Dogecoin price struggling and dropping recently, it seems investors are still very bullish on the meme coin. This is evidenced by the fact that there are now…

Bitcoin dominance hits 4-year high as altcoins lose steam: Binance Report

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Crypto markets saw 9.9% gains in April, led by Bitcoin, as tariff pauses boosted sentiment. Bitcoin (BTC) strengthened its dominance even as crypto markets are recovering. On Tuesday, May 6, Binance Research released a report on the state of the crypto markets in April. The report points out that the markets have recovered, gaining 9.9% over the month, largely thanks to pauses on tariffs. Despite the broader recovery, Bitcoin’s dominance has continued its steady rise, a trend ongoing since 2022. Currently, Bitcoin accounts for 63% of the total crypto market…

On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April

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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’s recent recovery has encountered resistance as the asset remains range-bound between $93,000 and $97,000. After briefly climbing late last month, Bitcoin has struggled to maintain upward momentum since…

Binance to launch crypto payments in Kyrgyzstan with new partnership

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Binance has signed a memorandum of understanding (MOU) with Kyrgyzstan’s National Agency for Investments to introduce crypto payment infrastructure and blockchain education in the country. The MoU was formalized during the inaugural meeting of the Council for the Development of Digital Assets, attended by Kyrgyz President Sadyr Japarov, the exchange said in a May 4 press release. As part of the agreement, Binance will introduce Binance Pay to Kyrgyzstan, enabling crypto-based transactions for visitors and residents. The partnership also focuses on educational collaboration. Binance Academy will work with Kyrgyz government agencies and…

Top Crypto Exchange Binance Rolls Out Trading Support for New Liquidity Infrastructure Altcoin

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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…

Ethereum Eyes $2,000 as Binance Supply Drops: Short Squeeze Incoming?

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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…