Category: Binance

Weekend market tumult triggers record number of crypto futures liquidations

This weekend’s market turmoil resulted in the triggering of roughly 864,000 crypto futures liquidations, a new single-day record according to data collected by The Block. As shown in the chart below, about 70 percent of those liquidations — some 613,000 — occurred on crypto exchange Binance. In total, $8.46 billion in long liquidations occurred on […]

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$600 Million in BNB Gone: Binance Completes the 15th Token Burn

Binance announced the completion of the 15th BNB burn earlier today of just shy of 1.1 million tokens. Although the amount in coins has substantially declined compared to the past several such events, it set a record in terms of USD with almost $600 million.  The announcement from the Malta-based cryptocurrency exchange from earlier today […]

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Binance is helping Vogue Singapore’s publisher build an NFT platform

Binance has partnered with Media Publishares, the publisher of Vogue Singapore, to help them build a non-fungible token (NFT) platform. In a statement shared with The Block on Wednesday, Binance said it will provide technology for the platform that is focused on fashion, arts, and music industries. Media Publishares first revealed the NFT platform’s development […]

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Binance to Add Tradable Coinbase Stock Token After the Nasdaq Listing

With the crypto and perhaps the entire financial world focused on Coinbase’s direct listing scheduled to occur today, Binance announced it will list the stock token after the Nasdaq public listing is complete. Binance to List COIN/BUSD CryptoPotato reported the latest initiative from the world’s leading crypto exchange Binance in which the company introduced zero […]

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Binance to list Coinbase stock token today

Crypto exchange Binance is set to list rival Coinbase’s stock token today. The listing will take place when Coinbase goes public on Nasdaq. It will allow Binance users to trade Coinbase stock in fractions. Binance started trading in tokenized stock trading earlier this week, beginning with Tesla. At the time, the exchange said it would […]

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Binance Coin Sets a New ATH Surpassing $600 Ahead of The BNB Quarterly Burn

The growing anticipation for the 15th Binance Coin burn led to a highly volatile trading day in which the token surged to yet another all-time high of roughly $640 before dumping by over $100 in minutes. Interestingly, the enhanced fluctuations resulted in over $125 billion in BNB liquidated in hours. 15th Binance Coin Burn Incoming […]

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What is Binance Tradable Stock Tokens? How to Trade Tesla (TSLA/BUSD) on Binance

Binance today announced the launch of a tradable stock contract at zero commission fee allowing traders to trade fractionally tokenized versions of mainstream stocks on Binance, The first stock token would be of Elon Musk-led Tesla which would be paired, traded, and fractionalized in Binance USD (BUSD).  The decision to include tokenized shares is to […]

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Breaking: Binance Launches Zero-Commission Tradable Tesla Stock Token

Binance Exchange has announced the launch of zero-commission tradable stock tokens and the first tokenized stock would be of electric car manufacturer Tesla. All the stock tokens would be denominated, settled, and collateralized in BUSD. The Binance Stock token would tokenize a fraction of the value of the original stock price which would be available […]

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Binance launches tokenized stock trading, starts with Tesla

Crypto exchange Binance has ventured into the space of tokenized stock trading, following the likes of FTX and Bittrex Global. To begin with, Binance has listed Tesla stock tokens, meaning the exchange’s users can now buy Tesla tokens representing its shares. One Tesla stock token represents one share of the company. Users, however, can buy […]

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