Category: Binance

Binance Names Three Nigerian Reality TV Show Celebrities as African Ambassadors

Binance Names Three Nigerian Reality TV Show Celebrities as African Ambassadors

Binance has named three former housemates from the popular Nigerian reality television show “Big Brother Naija” as the cryptocurrency exchange’s brand ambassadors for the African continent. Bringing Crypto to the Mainstream Leading cryptocurrency exchange Binance has said as part of its plan to increase its foothold on the African continent, it has partnered with three […]

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Binance Smart Chain Activates Real Time BNB Burning Mechanism

Binance Smart Chain (BSC) recently activated BEP-95, which integrates a real-time burning mechanism into its tokenomic structure. From now on, a fixed ratio of gas fees collected by BSC validators will be burned in each block. The Real-Time Burn Begins BSC announced the new mechanism’s launch over Twitter earlier this week. Its burn ratio – […]

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Crypto Exchange Binance Explains Its ‘Rare’ Dogecoin Issue — Resumes DOGE Withdrawals

Crypto Exchange Binance Explains Its ‘Rare’ Dogecoin Issue — Resumes DOGE Withdrawals

Cryptocurrency exchange Binance has explained its dogecoin issue which resulted in withdrawal suspension and Tesla CEO Elon Musk calling the problem “shady.” The exchange says it was a “rare issue” and no one was at fault. Binance’s ‘Rare’ Dogecoin Issue, Withdrawals Resumed Binance explained its dogecoin problem Monday, stating: What began as a fairly straightforward […]

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Chinese Magazine Estimates Binance CEO’s Net Worth, Here’s the Catch

The world’s largest crypto exchange, Binance is valued at hundreds of billions in USD, along with the its CEO, Changpeng Zhao, who was recently announced as the richest man in Ethnic China, valuing him at $90 billion. According to statistics published by the China Caijing magazine, CZ is among the top ten richest people in […]

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Binance Unveils Inside Details of the Dogecoin (DOGE) Incident

The world’s leading cryptocurrency exchange, Binance, has opened up about the entire fiasco that was endured by Dogecoin Core maintainers and the company during the wallet upgrade. In its blog post titled, “The Inside Story on DOGE withdrawals,” Binance revealed what actually transpired and how no one was at fault. Dogecoin (DOGE) withdrawals Inside Story […]

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Breaking: Binance Resumes Dogecoin (DOGE) Deposit/Withdrawals Days After Elon Musk Spat

Binance resumed Dogecoin (DOGE) deposit and withdrawals earlier today after the exchange had frozen the function owing to an update malfunction. A recent update bug in the Binance Dogecoin wallet led to year-old transactions getting processed which were left in the system because of low fees. The crypto platform released a blog post detailing the […]

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French Regulators: Binance Has to Improve AML Compliance Before Setting Up HQ in Paris (Report)

The French financial regulator Autorité des Marchés Financiers (AMF) has reportedly announced that the cryptocurrency exchange – Binance – must guarantee anti-money laundering compliance to set up a regional hub in Paris.  Earlier this month, Changpeng Zhao – CEO of the trading venue – described the French capital as a “natural choice” for positioning headquarters. […]

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Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe

Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe

The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or the knowledge on how to […]

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