Binance, the world’s largest cryptocurrency exchange, has announced that it will launch its own is nonfungible token (NFT) platform and marketplace in June 2021. It has been reported that based on Binance’s blockchain infrastructure, Binance NFT head Helen Hai said that the NFT aims to provide minimum NFT transaction costs. However, the new NFT marketplace and offerings will be available to all existing Binance users, as Binance NFT will share the same account system as Binan

Binance, the world’s major cryptocurrency exchange, has announced that it will list three new stock tokens over the coming week after the launch of tokens tracking the performance of Tesla and Coinbase shares earlier this month. It has been reported that the exchange will launch tokenized stock pairings for leading business intelligence firm, Microstrategy (MSTR), in addition to multinational tech firms Apple (AAPL) and Microsoft (MSFT). However, the tokens will allow users t

Binance, the major cryptocurrency exchange, has launched tradable stock tokens in Tesla. It has been reported that the first publicly tradable equity in the form of a Binance stock token will be Tesla, the share price of which currently hovers around the $700 mark. Rather than purchase a full, traditional share, for which custody of a physical share certificate is required, users can purchase as little as one one-hundredth of a Tesla share represented by a digital token. Bina

Several DeFi and CeFi providers will offer loans to fisherfolk via Tracey, a seafood tracing app. Tracey is built by the Finnish consulting firm Tomorrow Explored (TX), WWF-Philippines, and the Web3 real-time data solution Streamr. The Tracey project has announced the integration of several DeFi and CeFi lenders. Tracey helps small-scale fishers in emerging markets gain access to finance by sharing verified information on their seafood catch and trade data. The trade data is

Binance, the global blockchain company behind the world’s largest digital asset exchange and blockchain protocol – Binance Smart Chain, announced Semiott Protocol, Whrrl, and GoSats as the top three winners of the Build For Bharat, the first DeFi focussed Hackathon in India, initiated to bridge the gap between blockchain and mass adoption. The hackathon is sponsored by Google Cloud, Polygon (Previously Matic Network), Marlin Protocol, Band Protocol, Ankr cloud infrastructure

Changpeng Zhao (CZ), the CEO and founder of Binance, the world’s largest crypto exchange, has reported a record of $80 billion in 24-hour trade activity on January 4. It has been reported on Twitter that CZ compared the recent activity to the volume posted during the last record-breaking bull cycle by noting that the past day of trade equates to four-time the volume processed on the exchange from November 15, 2017 to December 15, 2017. However, in the 24 hours before CZ’s twe

Binance, the major cryptocurrency exchange, has planned to expand its cryptocurrency trading catalog with the launch of a European-style Bitcoin (BTC) options contract. It has been reported that the launch follows a successful testnet trial carried out back in November, as the press statement also revealed that the new options contract will be priced and settled in Tether (USDT). However, as part of the announcement, Binance identified the growing appetite for BTC options as

Binance, the world’s largest cryptocurrency exchange, is listing fan tokens by a major sports-focused token platform, Chiliz. It has been reported that Binance Launchpool, a platform allowing users to stake tokens for up to 30 days to earn rewards, will soon feature three more sports fan tokens: Dota 2 esports team OG, Atlético de Madrid Football (ATM), and AS Roma Football Club (ASR). The @Binance launchpad is firing up for 2021. It will soon list fan tokens for Dota 2 espor

From the 2017 Bitcoin boom to the 2018 lows and 2020 historic highs, the crypto space has experienced a tremendous rollercoaster ride these past few years. This young market evolved from its speculation phase into the initial adoption phase, opening its doors to newcomers and professionals alike. As we embrace the revolution of finance from centralized to decentralized ecosystems, we’re launching an awareness program to spread financial literacy of new upcoming financial inno

Binance, the major cryptocurrency exchange, has launched Ether, an in-house mining pool for the market’s largest altcoin by market cap. It has been reported that for the first month, between November 12 and December 12, Binance is trying to miners by offering a zero-fee regime. After that, those contributing their hashing power to the pool will be charged a competitive 0.5% commission on their earnings. The report said that Binance’s instructions for setting up a mining pool

Binance, the major cryptocurrency exchange, is leading a $1.25 million extension round for Audius, a blockchain-enabled streaming service, which connects music fans with artists. It has been reported that Roneil Rumburg, the Co-founder and CEO of Audius, said that the latest rounds bring the platform’s total investment up to $9.8 million. However, Rumburg said that it will use the funds to help artists grow and expand their listener base within the system. The report stated t

Binance, the major cryptocurrency exchange, has announced that it will soon close down Binance Jersey, its Jersey-based subsidiary. It has been reported that Binance launched its platform in Jersey as part of its expansion drive to tap into the European markets. On January 15, 2019, the exchange announced that Binance Jersey will allow fiat-to-cryptocurrency trading for European traders. However, at launch, the exchange supported Bitcoin (BTC) and Ether (ETH) trading against

Binance, the major cryptocurrency exchange, has announced funding for six projects building on the firm’s smart chain. On October 14, it has been reported that Binance stated blockchain projects AnySwap, Arkane Network, BakerySwap, Bitquery, PancakeSwap, and Proxima will receive $350,000 in grants through the firm’s $100 million funds. However, more than 180 projects have applied for grants since the fund was announced in September. The firm chose the six projects using crite

Binance, the world’s largest cryptocurrency exchange, is now doubling down on its strategy to attract decentralized finance (DeFi) projects after the launch of Binance’s Smart Chain, an Ethereum-compatible blockchain with a keen focus on DeFi. It has been reported that at the company’s World of DeFi summit on Thursday, Changpeng Zhao (CZ), the CEO of Binance, announced the launch of a $100 million investment fund devoted to projects building on the Smart Chain. However, the f

Bengaluru, India –9th September​: Binance Charit​y​, the world’s first blockchain-powered donation platform, ​worked with Vaibhav Chabbra of Mumbai’s Makers Asylum, a collaborative makerspace, to distribute over 43,000 face shields to front line healthcare professionals, policemen and railway workers across 30+ hospitals, police stations and NGOs in Mumbai, New Delhi, Bengaluru and Goa. “Front-line workers are risking their own lives while they save ours. In the past three mo

Binance, the world’s largest cryptocurrency exchange, has revealed the Launchpool platform “Bella protocol” that will allow users to have securely farm new assets, as well as users, will get new token rewards in return for staking BNB, BUSD, and other tokens. It has been reported that users will be able to stake their BNB, BUSD, or ARPA tokens into three separate pools to farm BEL tokens over 30 days, starting from 2020/09/09 00:00 AM (UTC). However, Binance will then list BE

Binance, the world’s largest cryptocurrency exchange, is moving into DeFi with a new token swapping liquidity platform called Binance Liquid Swap. It has been reported that aimed directly at Uniswap and its clones, Binance will launch an AMM liquidity pool that allows users to provide liquidity by depositing tokens. However, just like the world’s most popular decentralized exchange, Binance Liquid Swap will also enable users to earn interest in addition to a cut of the tradin

Binance, the world’s largest cryptocurrency exchange, has joined “Blockchain for Europe” association. It has been reported that by entering the group, Binance follows major industry companies like XRP-related firm Ripple, EOS developer Block.one, Fetch.ai, and Blockseed Ventures. However, alongside welcoming a new member in the association, Blockchain for Europe appointed Teana Baker-Taylor, Binance’s head of operations in the United Kingdom, as a new chairman of the board. F

Binance Card, a newly launched cryptocurrency debit card powered by Binance and the Binance-owned crypto commerce company Swipe, will be soon entering the United States. On August 31, it has been reported that Swipe representatives said that USD checking accounts will be enabled on the platform through a partnership with Evolve Bank & Trust, a banking institution operating in the United States. However, Swipe users will be able to directly deposit their paychecks into these n

Binance, the world’s largest cryptocurrency exchange, has targeted London commuters with new ads featuring Bitcoin. It has been reported in a tweet by Binance.UK that the crypto exchange has placed new ads at 17 bus stops in London, as the image shows two older generations of coins as well as a current two-pound coin used in the UK, followed by the largest, Bitcoin. “Money is evolving. It’s time to adapt.” – Binance.com Money is evolving. It's time to adapt. #TakingOverLon