Binance, the major cryptocurrency exchange, has partnered with crypto analytics startup Coinfirm to improve its anti-money laundering (AML) compliance. On October 3, according to a press release, the integration of Coinfirm’s blockchain-agnostic AML Platform is going to purportedly streamline Binance’s compliance with the AML rules issued by the Financial Action Task Force (FATF). The new measures set up by the FATF require that cryptocurrency operators establish the identity

Binance Research, the analytics arms of the major crypto exchange newest theory suggests that Bakkt partly caused Bitcoin price to drop by 20%. On Sept 30th, Binance research published a market overview that the launch of the institutional trading platform, Bakkt occurred just before Bitcoin’s price slip last week. On Sept 23rd, Bakkt debuted its Bitcoin futures, three days later BTC/USD plummeted from near $10,000 to under $8,000. ‘Commentators were underwhelmed by the offer

Major Cryptocurrency exchange Binance has become the highest-ranked “Super Representative” (SR) in the Tron (TRX) ecosystem. It has been reported that according to Tronscan’s data on September 30, Binance acquired over 12 billion votes for the top-spot ranking. Blockchain community Sesameseed.org is now the second-largest SR, with Tron-based BeatzCoin in third place. Binance announces TRX staking support On September 30, Binance declared that it would be adding support for TR

Crypto exchange, Binance is launching a market maker program. On Sept 30th, Binance announced in its blog post that it is introducing a market program for those users whose monthly volume exceeds 1000 Bitcoin or BTC. The program is also for those users who have quality market making strategies. The crypto exchange adds that the aim of the program is to add more liquidity to the exchange. More Liquidity Binance said that ‘the program is limited to the spot markets of the tradi

Binance Exchange is going to remove a number of trading pairs from the listing. Some of these include assets which previously distributed through the initial public offering on the Launchpad platform. According to representatives of Binance, this is done “to increase liquidity and improve the trading experience for users.” Shortly before the announcement of delisting, Binance announced the launch of a market maker program, which also aims to increase the liquidity of the exch

Binance adds debit and credit cards as a payment option to buy cryptocurrencies directly via its payment processing firm Koinal. On Sept 25th, Binance announced in a blog post that its users can now directly buy cryptos using their Visa and MasterCard debit and credit cards. The payment processing app will let users buy five cryptocurrencies initially such as- Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP and Bitcoin Cash ABC (BCHABC). Today @Binance – Wednesday 1. @cz_bin

Binance exchange has declared that from September 20 onwards, it would start offering three new coins as part of the fifth phase in the firm’s crypto lending project. Presenting New Altcoins It has been reported that Binance Lending Service, which was launched on August 28, 2019, is going to introduce three altcoins on its platform: Zcash (ZEC), Dash (DASH), and Monero (XMR), which are known for its privacy. Binance also revealed that it will offer a 14-day fixed-term lending

Crypto exchange giant Binance has made an investment on Chinese crypto media firm, Mars Finance. According to Bloomberg report on Sept 17th, the investment amount was not disclosed but the media firm stands at a value of $200 million. Mars Finance is backed by “Ceyuan Ventures and Matrixport, a financial services startup founded by the co-founder of bitcoin mining firm Bitmain, Jihan Wu.” “We have large respect for data, news and research firms which support the positive grow

Binance, the crypto exchange giant has made its first strategic Chinese investment after leaving China amid the local crypto trading ban back in 2017. Founded in China in 2017, Binance has participated in a $200 million funding round of Beijing-based Mars Finance, a local crypto and blockchain publication, according to the report. Binance invests in crypto media It has been reported that investors also included Singapore-based Matrixport, recently founded by former CEO of Bit