Binance To List New Ethereum Layer-2 on Exchange’s First Pre-Market Trading Launch

Binance, the largest digital asset exchange in the world, is about to list its first pre-market altcoin for trading. In a blog post, the exchange says it is listing the new Ethereum (ETH) layer-2 Scroll (SCR) on the Binance Pre-Market platform, a service announced last month that allows users to acquire tokens in advance of their official spot listing. Says Binance, “Binance will be the first platform to list the token mentioned herein, with Pre-Market trading starting at 2024-10-11 10:00 (UTC). Any claims to offer this token for sale before…

Discounted Early Bird Tickets for Binance Blockchain Week Dubai 2024 Now Available

Zach Anderson Oct 08, 2024 08:27 Early bird tickets for Binance Blockchain Week Dubai 2024 are available at a discounted price of 300 USD, offering a 50% reduction from the full price. The event will be held at Dubai’s Coca-Cola Arena. Binance has announced that early bird tickets for the upcoming Binance Blockchain Week Dubai 2024 are now available at a discounted rate of 300 USD, excluding a 5% VAT. This price reflects a 50% discount compared to the standard ticket price…

72% Of ETHUSDT Traders On Binance Go Long

Este artículo también está disponible en español. In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards. Related Reading The strong tilt toward long positions suggests that most traders are confident Ethereum’s price will rebound in the coming week. On the other hand, 27.97% of Binance traders are still holding short positions on…

Binance Founder Changpeng Zhao Reportedly Grows Wealth by $25M per Day behind Bars

Key Notes Forbes estimates CZ’s net worth at $61 billion by late September 2024, reflecting a $3 billion increase since July. Bloomberg disputes this, claiming CZ’s wealth dropped by $5.7 billion during his prison term. After his release, CZ emphasized his long-term investment strategy, prioritizing “impact over returns”. Binance co-founder and ex-CEO Changpeng Zhao, widely known as CZ, has just finished serving a four-month jail term. However, the real intrigue lies in how much wealth he might have amassed during his stint in prison. Certain reports imply that CZ could…

Is This VC Cashing Out? Moves UNI, COMP, AAVE, And SNT Tokens To Binance

Este artículo también está disponible en español. Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in their profits or cut losses when market participants expect prices to tick higher. Fenbushi Capital Cashing Out? Sends AAVE, UNI, SNT, and COMP Tokens To Binance After the series of lower lows after crypto prices peaked, mainly in Q1 2024, the consensus is that…

Binance Founder CZ Reflects on Release — Plans to Focus on Blockchain, AI, Biotech

Former Binance CEO Changpeng Zhao (CZ) has shared a personal update, reflecting on his recent experiences and future aspirations. He emphasized his intention to focus on various projects related to education, blockchain, artificial intelligence (AI), and biotechnology. Zhao expressed confidence that future opportunities will exceed those of the past. CZ Shares Vision Following Prison Release […] Source CryptoX Portal

Binance will facilitate users swapping ORN to LUMIA this October

Global crypto exchange Binance will help users transition their Orion tokens to Lumia starting Oct. 15 until Oct. 18. Binance announced on Sep. 30 that it will support Orion Protocol‘s rebranding to their liquid layer 2 blockchain Lumia through a network upgrade. As part of the transition process, the crypto exchange will remove all Orion-Bitcoin(BTC) and Orion-Tether(USDT) trading pairs on Oct. 15, 2024, at 06:00 UTC, and all pending ORN spot trading orders will be canceled. Additonally, deposits and withdrawals of ORN tokens will be suspended on this day. Binance…