Binance, the world’s leading cryptocurrency exchange by trading volumes, has launched a new iteration of its blockchain interoperability service, dubbed Bridge 2.0, that allows users to access both decentralized (DeFi) and centralized (CeFi) finance systems directly from the platform’s app. According to a press release shared with CryptoSlate today, Bridge 2.0 enables customers to “quickly…
Binance Singapore, a subsidiary of global crypto exchange Binance in the city-state, has withdrawn its application for a crypto trading permit with the Monetary Authority of Singapore (MAS) and will shut down its operations on February 13, 2022. “We always put our users first, so our decision to close Binance.sg was not taken lightly. Our…
Binance, the world’s largest exchange by volume, is reportedly losing ground to rival exchanges. “At one point in the last 30 days, it totaled 58% of the volume among the top five brokers (Binance, Coinbase, Huobi, Crypto.com, and FTX). However, currently, Binance has dropped to 45% while Coinbase, Crypto.com, and FTX gained volume,” a recent…
Following allegations of market manipulation, the management of the largest digital currency exchange platform by transaction volume, Binance, has announced that the platform has never traded against its users. In the statement, which was released on the official Twitter account of the organization, the management also maintained that it has never manipulated the market and…
The Binance Smart Chain project is giving top DEXes a run for their money with lower fees and an easy-to-use interface. The day a pancake flipped a unicorn PancakeSwap (CAKE) is now the world’s largest decentralized exchange by daily trading volume, data from markets app CoinGecko showed. The project launched on Binance Smart Chain last…
Tokens from the Binance Chain ecosystem are surging today, led by Binance Coin’s (BNB) own example—which broke above $270 today, according to CryptoSlate’s Binance Smart Chain sector data. The top 10 Binance Chain-based tokens. Image: CryptoSlate The level of $270 is yet another major milestone BNB is storming in just over a week. On February 9,…
The prices and market capitalization of tokens in the Binance Smart Chain (BSC) ecosystem are booming as the whole sector is up 135% over the past week, according to CryptoSlate’s data. The top 10 Binance Smart Chain tokens. Image: CryptoSlate Binance Coin (BNB) is leading the charge. Just yesterday, the coin broke a new all-time…