Binance Invests in Crypto Exchange GOPAX
[ad_1] Binance, the world’s largest cryptocurrency exchange, has injected capital into distressed South Korean crypto exchange, GOPAX, two years after it shut down its affiliate in the country due to low patronage. Bloomberg reports that the crypto exchange purchased a majority stake in GOPAX. Earlier in the month, Finance...
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First Binance and Now Coinbase Have Been Fined $3.3m
[ad_1] The leading digital assets exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief...
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Binance Stored Users’ Fund with B-Tokens Collateral by ‘Mistake’: Report
[ad_1] Binance, the world’s biggest cryptocurrency exchange by trading volume, admitted to storing customers’ funds and the collateral of some of the tokens it issues by “mistake.” According to Bloomberg, Binance issued 94 Binance-peg tokens, also called ‘B-Tokens’. However, almost half of the reserves of these tokens are kept...
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Binance Introduces Off-Exchange Settlement to Institutional Investors
[ad_1] Binance Custody, the institutional digital asset custody arm of the leading cryptocurrency exchange, Binance, officially launched Binance Mirror, its off-exchange crypto settlement solution, on Monday. The new service provides Binance’s institutional investors with access to the crypto exchange’s trading and investment products while their collaterals are kept in...
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Binance New Swedish Registration its 7th License in EU
[ad_1] Binance Nordics AB, the Swedish subsidiary of top cryptocurrency exchagne, Binance, has been registered as a virtual currency trading and management institution by the Swedish Financial Supervisory Authority (Swedish FSA). The new license marks the digital asset company’s seventh regulatory approval within the European Union region. The approval...
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Binance Acquisition Moves See BNB Riding A Wave of Enthusiasm
[ad_1] Crypto exchange Binance and its CEO Changpeng Zhao are making headlines once again as news of the company’s acquisition moves hit the industry. According to recent news, Binance acquired a 41% stake on Korean crypto exchange Gopax. The deal was originally scheduled to be revealed last year, and...
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Binance Nears Acquisition of Korean Crypto Exchange Gopax: Report
[ad_1] Binance, leading cryptocurrency exchange, is making arrangements to finalize its acquisition of GOPAX, one of the top crypto exchanges in Korea, blockchain media platform Decenter reports. The exchange has conducted its due diligence in this regard and is confirming other procedures, the outlet said. Grab your copy of...
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Terra Classic (LUNC) Crashes 11% After This Binance Change
[ad_1] The Terra Classic (LUNC) price has been boosted in recent days by a rumor that the world’s second-largest exchange, Coinbase, might buy and list the token. As NewsBTC reported, the rumor originated from an anonymous source in the Terra Classic community. However, the credibility of the rumor is...
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BNB Coin Leads Gains Among Top Cryptos: Will Binance Continue
[ad_1] BNB is currently trading at $300.082 with a 24-hour trading volume of $1,059,515,334. Despite the general market slump, the coin has been one of the top performers. It currently ranks at the number four position on CoinMarketCap. The coin has a 24-hour low of 289.76 and a 24-hour...
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Binance Launches Proof of Reserves for Bitcoin
[ad_1] Binance, the world’s largest cryptocurrency exchange by trading volume, on Friday launched the Proof of Reserves (PoR) for its Bitcoin (BTC) holdings in its latest show of transparency to reassure customers of its health following the sudden collapse of top cryptocurrency exchange FTX. Take Advantage of the Biggest...
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