Tag: Binance

Has The Binance Effect Been Good or Bad For CoinMarketCap?

For a number of years, CoinMarketCap (CMC) has been the industry’s premier analytics website for data on the top tokens and exchanges. There were a number of competitors but CMC was still the chosen source despite major discrepancies in the data it published. CEO of the FTX derivatives exchange and Alameda Research, Sam Bankman-Fried (SBF) […]

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Cryptocurrency exchanges generated over $169B in trading volumes in September

Cryptocurrency exchanges generated over $169B in trading volumes in September

Cryptocurrency exchanges in The Block’s legitimate volume index reported over $169 billion in volume for the month of September. Last month was the second-highest trading volume month in 2020, as shown in the data below. The largest exchange by trading volume continues to be Binance, which generated $113B in volumes — taking up 66.8% of […]

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Binance Announces Project Providing Cross-Chain Bridging Services

It might be a slow week of the cryptocurrencies, but the same cannot be said for the world’s leading crypto exchange, Binance. In the latest development, the Malta-based platform announced the official launching of the Panama Project. Binance’s official blog post stated, “Binance is officially launching the Panama project, which aims to help Binance Smart Chain and Binance Chain […]

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Crypto Exchange Bitfinex Announces Margin Trading Facility for Uniswap (UNI)

Ethereum-based decentralized platform Uniswap has created a huge uproar in the DeFi market ever since announcing its governance token UNI. On Wednesday, September 30, popular crypto exchange announced margin trading support for Uniswap (UNI) with two Uniswap pairs UNI/USD and UNI/USDt. Margin trading for $UNI pairs is now available on Bitfinex!@UniswapProtocol pairs (UNI/USD), (UNI/USDt) can […]

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Binance Announces Cross Margin Trading For Uniswap [UNI] Token

Cryptocurrency exchange, Binance announced that the platform has enabled cross margin trading for DeFi Protocol, Uniswap’a native token UNI. According to the official release, Binance users will be able to trade UNI/BTC, UNI/USDT pairs. Additionally, it also announced a zero-interest promotion for borrowing UNI from the 27th of September. Binance’s official Twitter Handle revealed, #Binance Enables […]

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Alpha Finance Lab’s DeFi Ecosystem Unveiled on Binance Launchpad & Launchpool

Alpha Finance Lab’s DeFi Ecosystem Unveiled on Binance Launchpad & Launchpool

Binance announced that it is launching support for Alpha Finance Lab and its products via the exchange’s incubator program, Launchpad, and its newly launched DeFi yield farming protocol Launchpool. Alpha Finance Lab offers a slew of DeFi-related services and the first one highlighted in Alpha Lending, a protocol that runs on the Binance Smart Chain […]

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Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange

Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange

The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%.Just recently, the defi space has touched a few new milestones as the ecosystem’s TVL […]

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Binance Unveils Launchpad Token Sale, Launch Pool Farming for DeFi Project Alpha

Binance announced the launch of Launchpad token sale and Launchpool farming for Alpha Finance Lab [ALPHA], a platform dedicated to researching and innovating in the DeFi space. This news comes days after going live on public Binance Smart Chain Testnet. According to the official release, the token sale for Alpha Finance Lab will follow a lottery […]

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Binance Adds Venus Protocol [XVS] to Its DeFi Platform

Cryptocurrency exchange, Binance announced the addition of a new project called Venus Protocol [XVS], which is dubbed as a money market and stablecoin DeFi platform on Binance Smart Chain. With this, Venus becomes the fourth project on Binance Launchpool. The official blog post read, “Users will be able to stake their BNB, BUSD and SXP tokens into […]

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