Binance Introduces Ether Staking In The U.S. Ahead of “Merge.”
Binance will start giving its U.S. customers an annual percentage yield (APY) of 6% on amounts as low as 0.001 ETH. The cryptocurrency exchange Binance is adding staking for ether (ETH) in the U.S. This comes before the “Merge” of Ethereum. Binance will start giving its U.S. customers a 6% annual percentage yield (APY) for […]
US Congressman to inspect all Binance US consumer safety files
A Subcommittee chairman reached out to the CEO of Binance US for documentation to assess investor protections. An urgent request for official paperwork demonstrating the exchange’s compliance with several investor-centric safety protocols was made in a letter to Brian Shroder, president and CEO of Binance US . The US House Committee on Oversight and Government […]
Binance restricted Tezos tool contributor corporate account on law enforcement request
Cryptocurrency exchange Binance stated that it restricted a Tezos tool contributor corporate account based on a law enforcement request after being criticized on social media. In a thread on Twitter on Thursday, Binance stated that it has limited Baking Bad’s Tezos account “as the consequence of a law enforcement request.” The Tezos contributor said that […]
The Merge – Binance to halt ETH and ERC-20 deposits and withdrawals
Binance has announced plans to suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens once The Merge takes place i.e when the ETH network switches to its proof-of-stake (PoS) Beacon chain. The move was revealed by the largest exchange in the world by transaction volume in an effort to maintain stability during ‘The Merge,’ […]
Binance Employee’s LinkedIn Profiles Hoax
Scams on LinkedIn Profiles involving cryptocurrency can begin with unsolicited token listing proposals from persons posing as representatives of reliable crypto exchanges. Binance CEO Changpeng Zhao, widely known as CZ, said on Sunday that just roughly 50 out of 7,000 people claiming to work for the biggest cryptocurrency exchange in the world are genuine. On […]