Who is Changpeng Zhao and how did he create Binance, the largest exchange in the world?

Changpeng Zhao, better known as CZ, is the co-founder of Binance, the cryptocurrency exchange with the largest trading volume globally. Zhao is a multifaceted character who has served as a software engineer, investor, businessman and speaker. Although its history had a humble beginning marked by exile and emigration, currently it is one of the richest … Read more

BlackRock wants to bring its tokenized fund to Binance and other cryptocurrency exchanges

If BlackRock achieves its goal, BUIDL would be great competition for USDT and USDC. This fact would be a milestone in the integration of cryptocurrencies and traditional finance. BlackRock, the largest financial asset manager in the world, is taking the corresponding steps so that its BUIDL fund (which is tokenized on the Ethereum network) can … Read more

You must revoke these contracts to protect your Binance wallet

Attackers exploited a vulnerability in a Radiant Capital smart contract. The affected networks were BNB Smart Chain and Arbitrum, L2 of Ethereum. Radiant Capital, a decentralized finance (DeFi) app, was attacked on October 16 by hackerswho managed to extract more than $50 million from the BNB Smart Chain (BSC) and Arbitrum (ARB) networks, Ethereum’s largest … Read more

These are the cryptocurrencies you can borrow on Binance

Binance added EigenLayer to its list of lendable assets, which already include BTC, ETH, USDT. These financial products require the payment of annual interest rates. Binance, the exchange largest cryptocurrency exchange in the world, today, October 16, 2024, added EigenLayer (EIGEN) to its very extensive list of crypto assets included in its Loans section (Loansin … Read more

The first cryptocurrency network created by Binance will disappear

The BNB Chain team announced today, October 16, that it has scheduled the closure of BNB Beacon Chain validators for mid-November. When that move is complete, the functionalities of this network will be incorporated into those of the BNB Smart Chain (BSC), as part of the BNB initiative Chain Fusion From BNB Chain they notified … Read more

Binance will allow selling and buying tokens before listing them

Binance opened a pre-market that allows users to buy, sell and trade tokens before they are listed on the cryptocurrency exchange’s spot market, all within its platform. The tokens that can be pre-marketed without commissions, with the aim of anticipating trends and future market movements, are those of the launchpool from Binance. Binance launchpool tokens … Read more

Binance to list Scroll token ahead of official launch

Bitcoin (BTC) and cryptocurrency exchange Binance is preparing to list Scroll (SCR), the native token of the Ethereum layer 2 network also called Scroll, ahead of its official launch. This move will allow users to participate in pre-launch trading. The Scroll token, whose total supply reaches 1 billion SCR, will be included in the Binance … Read more

Binance officially lands in Argentina. What changes for users?

The question arises about the information of its users that could be shared with the local Treasury. Binance can be used to adhere to the “money laundering” in force in Argentina. Although Binance has been one of the main cryptoasset exchanges used by the Argentine public for years, since last September it officially became a … Read more

Binance launches Telegram game with 200 thousand USD in rewards

Binance, the world’s largest bitcoin (BTC) and cryptocurrency exchange, today launched the first campaign linked to Moonbix, its mini game play-to-earn (P2E, play to win) on Telegram. In addition, he announced that as a reward for this activity, he will distribute a pool of 145 million tokens DOGS and 15 million NOT. To participate, Users … Read more

Binance market share falls to 37%, lowest level in four years

According to CCData, Binance also decreased its participation in the derivatives market. Other exchanges are taking a greater role in the market. In September 2024, Binance’s market share fell noticeably, reaching its lowest point since 2020. According to data from CCData, this decline is reflected in both the spot and derivatives markets, marking a significant … Read more