binance Archives - Bitcoinist.com

Tag Archive: binance

Altcoin Price, Altcoins, Bitcoin Exchange, News, News teaser
Binance Doubles Referral Rewards: Binance Coin Pumps

The price of BNB has rapidly increased following the announcement from Binance that the popular exchange will be doubling its referral commission rewards under certain conditions. Tell Your Friends The Malta-based exchange has announced that it will be doubling its referral commission rewards to 40 percent for qualified accounts. Accounts eligible to receive the increased commission rewards are those which hold 500 Binance Coins — approximately $7355 at the time of this writing. Writes the Binance Team
Read More
Adam James · May 18, 2018 · 9:00 am
Altcoin News, Altcoins, Bitcoin Exchange, News, News teaser
Binance Delays TrueUSD Launch Due to ‘Popular Demand’ and Liquidity Concerns

After announcing its plans to start offering TrueUSD (TUSD) trading on Friday, May 18th, at 4:00 am (UTC), Binance has postponed the launch of the USD-pegged stablecoin. Delayed on the Launchpad Binance will no longer be launching TrueUSD (TUSD) trading on Friday, May 18th, at 4:00 am (UTC), as was originally planned. Instead, the hugely popular cryptocurrency exchange will start offering TUSD trading on May 22nd, at 4:00 am (UTC). The change apparently comes after an evaluation
Read More
Adam James · May 17, 2018 · 6:00 pm
Altcoin News, Altcoins, Bitcoin, Bitcoin Exchange, News, News teaser
Binance Set to List TrueUSD Stablecoin, A Regulatory-Compliant Alternative to Tether

Binance is set to open trading for select TrueUSD (TUSD) trading pairs on Friday, May 18th, at 4:00 am (UTC). The USD-pegged stablecoin will only be tradable against Bitcoin (BTC), Ethereum (ETH), and the exchange’s own Binance Coin (BNB). Like Tether, Only Regulatory Compliant TUSD is a stablecoin designed to match the US dollar at a one-to-one ratio, meaning one TUSD roughly equates to one USD, in terms of valuation. Unlike Tether (USDT), a sometimes
Read More
Adam James · May 16, 2018 · 11:00 pm
Bitcoin Businesses, Companies, News, News teaser
OKEx Exchange CEO’s Sudden Resignation Prompts Crypto Industry Suspicion

Cryptocurrency industry commentators have reacted suspiciously to news the CEO of Hong Kong exchange OKEx abruptly stepped down May 14. CEO ‘Starting A New Life’ As Bloomberg reports citing both an emailed statement and private statement from Chris Lee’s spokeswoman, the executive suddenly left his post in order to “start a new life.” It was his “greatest pleasure and honour” to work with the exchange, his spokeswoman reportedly quoted Lee as saying. The news comes
Read More
Wilma Woo · May 14, 2018 · 5:30 am
Altcoin News, Altcoin Price, Altcoins, News, News teaser
What Was Behind the Bytecoin (BCN) Price Pump?

Following an announcement that Binance had opened up three trading pairs with Bytecoin (BCN) on their exchange, prices for the coin there quickly shot up over eight times their value. Prices on Poloniex and HitBTC, however, remained stagnant. As I was waiting for my Uber ride home from work this evening, a coworker spotted me as he was leaving and asked me if I’d heard the latest news: “Hey, you hear about that Bytecoin thing
Read More
Matthew Neuteboom · May 9, 2018 · 3:00 pm
Bitcoin Businesses, Blockchain Technology, News, News teaser
‘100 Times Easier Than VC’: Binance CEO Plugs ICOs

The CEO of the world’s largest cryptocurrency exchange has released dedicated support for ICOs, saying they are “100 times easier” for fundraising than venture capital. Zhao: Experience Favors the ICO In a blog post dated May 7th, Binance’s Zhao Changpeng sought to alleviate the increasingly tepid reception towards ICO campaigns as the fundraising model struggles with regulatory scrutiny and bad actors. He writes: Through my own experience, and watching hundreds of other projects at a close
Read More
Wilma Woo · May 7, 2018 · 11:30 am
Altcoins, Bitcoin, Bitcoin Exchange, Emerging Markets, News, News teaser
Malta is the New Leader in Global Cryptocurrency Trading Volume

Cryptocurrency trades surge in Malta, making the tiny nation a predominant leader in the field, surpassing countries like Japan, Korea, China, and the USA. A research carried out by Morgan Stanely also shows that Belize is second to the lead. Malta, the New Leader in Crypto Trading Volume The winds of change are blowing strong as Malta becomes the global leader in terms of cryptocurrency trading volume. In a research factoring the legal location of
Read More
Georgi Georgiev · April 30, 2018 · 3:00 pm
Altcoin News, Bitcoin, Bitcoin Exchange, News, News teaser
Coincheck Posts Significant Profit, Despite High-Profile Heist

Despite experiencing one of the worst heists in the cryptocurrency market’s history, Coincheck has still managed to turn a significant profit. Can’t Nobody Hold Coincheck Down As reported by Reuters, Japanese cryptocurrency exchange Coincheck Inc. has recorded a writedown of roughly $432.56 million for the financial year ending in March. The information comes directly from the exchange’s parent company, Monex Group Inc. Earlier this year, Coincheck notoriously suffered a hack which saw the exchange lose
Read More
Adam James · April 27, 2018 · 1:30 am
Altcoin News, Bitcoin, Bitcoin Exchange, Markets and Prices, News, News teaser
Binance’s Founder Squares Off Against Sequoia Capital in Legal Dispute

We might get a rare chance to take a glimpse behind the curtains as a legal dispute shapes up between Zhao Changpeng, the founder of Binance, and a unit of Sequoia Capital. The parties are arguing over a funding deal which has supposedly gone awry. Founded less than 10 months ago, Binance has grown to become the world’s largest cryptocurrency exchange by measure of its 24-hour trade volume. The platform’s meteoric rise has become
Read More
Georgi Georgiev · April 26, 2018 · 3:00 am
Altcoin News, Altcoin Price, Altcoins, News, News teaser, Uncategorized
Binance Now Lets Users Convert Crypto Dust to BNB

Binance has launched a new feature that allows users to convert crypto dust into BNB tokens. Changpeng Zhao (CZ), the Binance CEO made this known via a tweet on April 23, 2018. What is Crypto Dust? Crypto dust refers to a fractional cryptocurrency value. It is usually impossible to trade crypto dust due to the fact that they are less than the transaction fees. Being lower than the minimum trading limit, it usually sits idle
Read More
Osato Avan-Nomayo · April 25, 2018 · 11:30 pm
Altcoin News, Altcoins, Bitcoin Businesses, Markets and Prices, News, News teaser
Binance Coin Outperformed Everything So Far in 2018

Amid talk of Bitcoin prices rebounding, the best performing asset in the world year to date is in fact not Bitcoin… but Binance Coin (BNB). 75% Gains Since January The token of what is now the world’s biggest cryptocurrency exchange has gained almost 75% since January 1, far outpacing extant assets such as Bitcoin and Ethereum. As online commentator BambouClub noted citing the data from Blocklink.info, BNB even beat Netflix, Twitter and Amazon to deliver
Read More
Wilma Woo · April 25, 2018 · 5:30 pm
Bitcoin, Bitcoin Businesses, Emerging Markets, News, News teaser
Malta’s Prime Minister: Cryptocurrencies Are ‘Inevitable Future of Money’

While countries around the world argue and dither over how to effectively control, manage, or ban cryptocurrencies, the tiny Mediterranean island of Malta is looking to become the blockchain capital of the world. Valour and Firmness (and Crypto) When it comes to effective cryptocurrency regulation and encouragement, Malta is years ahead of (most of) the competition. As noted by Bloomberg, the island nation’s Prime Minister, Joseph Muscat, has claimed that cryptocurrencies are “the inevitable future of
Read More
Adam James · April 23, 2018 · 7:30 pm
Altcoin News, Bitcoin Exchange, News, News teaser
Bithumb to Issue Own Coin – ‘BITHUMB Coin’

Binance has its own coin, KuCoin has its own coin, — and soon, Bithumb, the South Korean exchange, will be joining the club. BITHUMB Coin Bithumb, one of South Korea’s major cryptocurrency exchanges, is planning on issuing its own in-house cryptocurrency, called BITHUMB Coin. BITHUMB Coin’s initial coin offering (ICO), however, can not take place in the exchange’s home country of South Korea, since the East Asian nation banned the controversial fundraising method last year.
Read More
Adam James · April 19, 2018 · 4:30 pm
Altcoin News, Altcoins, Bitcoin Exchange, News, News teaser
Blast From The Past: CloakCoin Jumps 35% After Binance Confirms Trading

Privacy-focused altcoin CloakCoin (CLOAK) hit $16 April 18 after the world’s largest cryptocurrency exchange Binance confirmed it had listed the asset. The Long Road From Rags To Riches In a move also confirmed by CloakCoin developers, Binance appeared to reverse the fortune of the stagnant altcoin, which had seen little activity for most of its four years on the market. Issued in June 2014 at $0.18 per token, CLOAK then traded below that rate from
Read More
Wilma Woo · April 18, 2018 · 2:00 pm
Altcoin News, Bitcoin Exchange, News, News teaser
Binance Burns $30 Million in BNB Tokens, Price Drops

Last night, Bitcoinist reported that Binance, one of the most popular cryptocurrency exchanges in the world, would likely be executing its unspecified quarterly coin burn sometime today — which is exactly what happened. Burn Victims Earlier today, the Binance team announced the results of its Q2 2018 coin burn in an official post on the exchange’s support page, writing: Fellow Binancians, In accordance with our whitepaper, we have now completed the burn of 2,220,314 BNB
Read More
Adam James · April 15, 2018 · 7:30 pm
Altcoin News, Bitcoin Exchange, News, News teaser
Binance Coin Burn Inbound – Here’s When It Will Happen

Binance, one of the most popular cryptocurrency exchanges in the world, has reminded users that its quarterly coin burn is right around the corner – but what is it, and when will exactly will it take place? Burn Binance Burn In case you forgot, Binance – one of the world’s most popular cryptocurrency exchanges – is slated for its quarterly buyback and burn of the company’s own soon-to-be-native token, Binance Coin (BNB). On Thursday, the
Read More
Adam James · April 14, 2018 · 10:00 pm
Altcoin News, Bitcoin, Ethereum, Markets and Prices, News, News teaser
Will the Real Crypto ‘HODLers’ Please Stand Up?

The volatility in crypto markets has been unforgiving, raising questions whether the long-term hold is still a good strategy, especially given that the market has seen an influx of participants that do not necessarily share the views of the original crypto pioneers. The crypto market continues to test the resolve of true HODLers. The sea of red is now more or less a daily occurrence, and it is tougher than ever to separate “value” coins
Read More
Denis Vinokourov · April 9, 2018 · 1:00 am
Altcoins, Bitcoin Businesses, Bitcoin Exchange, Blockchain Technology, Companies, News, News teaser
Getting Listed on a Cryptocurrency Exchange: How Vital Is It?

The talk of exchange listings with certain cryptocurrencies is always big in cryptocurrency circles across the internet. But how important are they and how much do they cost? Why Are Listings So Important? Getting listed on a large cryptocurrency exchange is a big deal for any project. These listings can often be what makes or breaks the levels of adoption and market impact of a specific cryptocurrency. Having a listing on one exchange compared to
Read More
Nick Chong · April 7, 2018 · 5:30 am
Altcoins, Bitcoin, Bitcoin Exchange, Bitcoin Regulation, Emerging Markets, News, News teaser
Crypto Exchange Bitfinex Searches for ‘New Home’, Sets Sights on Switzerland

Bitfinex, which is currently the 5th largest cryptocurrency exchange by 24-hour volumes, is contemplating at Switzerland as its new potential humble abode. Weighing its Options The Swiss-German weekly publication Handelszeitung reported (German) on Tuesday that Bitfinex wants to establish its HQ in Switzerland, citing company’s CEO Jean-Louis van der Velde directly: We are looking for a new home for Bitfinex and the parent company iFinex, where we want to merge the operations previously spread over
Read More
Georgi Georgiev · March 29, 2018 · 12:00 pm
Altcoin News, Bitcoin, Blockchain Technology, News, News teaser
Malta to Become a Cryptocurrency ‘Global Pioneer’ Says Country’s Prime Minister

While a lot of European countries are keeping a distant and rather unfriendly disposition towards the cryptocurrency market, Malta is clearly taking a proactive and welcoming position. Speaking at a political rally in Mqabba over the weekend, Prime Minister Joseph Muscat announced that Malta is in ongoing talks with numerous potential investors from the cryptocurrency field who are interested in relocating their businesses to the country. Binance is Only Leading the Way Back on March
Read More
Georgi Georgiev · March 27, 2018 · 9:00 am
Altcoin Price, Altcoins, Bitcoin, Bitcoin Price, Markets and Prices, News, News teaser
10 Best & Worst Performing Altcoins of ‘Crypto Winter 2018’

While Bitcoin has once again showed the cryptocurrency space who’s boss during this year’s bear market, there are a few altcoin exceptions that have fared relatively well. Here are some of the best (and worst) performing cryptocurrencies of Q1 2018. Down But Not ‘Rekt’ Towards the end of 2017, Bitcoin reached an all-time high price of $20,089 USD. At the time, the entire cryptocurrency market was red hot, as the total capitalization peaked at around
Read More
Allen Scott · March 23, 2018 · 8:30 am
Bitcoin, Bitcoin Businesses, Bitcoin Exchange, Companies, News, News teaser
Binance Moves To Malta As Prime Minister Issues Public Welcome

The Prime Minister of Malta has publicly welcomed the world’s largest cryptocurrency exchange Binance as it announces it is relocating to the country. Maltese PM To Binance: ‘Welcome To Malta’ In a fresh move confirmed by CEO Zhao Changpeng March 23, Binance will set up an office in the European nation and will close the requisite banking partnerships “soon,” Bloomberg reports. Binance has continued its astronomical rise which saw it overtake all other global exchanges’
Read More
Wilma Woo · March 23, 2018 · 6:15 am
Bitcoin, Bitcoin Businesses, Bitcoin Price, News, News teaser
Bitcoin Price Falls As Markets React To (False) Japan Binance Threat [UPDATED]

Bitcoin fell $500 in hours to hit two-day lows March 22 after news broke Japanese regulators may ban the world’s largest cryptocurrency exchange, Binance. Co-Founder Ye Not Concerned UPDATE: Binance CEO Changpeng Zhao has responded to the news on Twitter stating that the source showed “irresponsible journalism” as the crypto exchange is currently in “constructive talks” with the FSA and did not receive any mandates so far. Nikkei showed irresponsible journalism. We are in constructive dialogs
Read More
Wilma Woo · March 22, 2018 · 7:30 am