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Binance aims to expand its crypto exchange in Thailand

Binance aims to expand its crypto exchange in Thailand

An exchange and related businesses may be opened in Thailand as part of the joint efforts between Gulf Energy, Binance and the Thai government. Gulf Energy Development PCL is a Thai holding company specializing in the energy sector and led by billionaire Sarath Ratanavadi. Gulf Energy is said to have reached a deal with Binance […]

FTX becomes the official naming rights sponsor of Australian Blockchain Week 2022

FTX becomes the official naming rights sponsor of Australian Blockchain Week 2022

FTX Trading Limited (FTX) will be the naming rights sponsor of Australian Blockchain Week 2022, which runs from March 21 to 25. Blockchain Australia is Australia’s premier industry network, bringing together business, academia, and government to debate blockchain’s potential. I’m incredibly excited to announce @FTX_Official as the Naming Rights Sponsor for Blockchain Week 2022. A […]

Binance’s First Quarterly Auto-Burn Removed Over 1.6B BNB

Binance's First Quarterly Auto-Burn Removed Over 1.6B BNB

Binance intends to replace its native token’s quarterly burn with a new mechanism called BNB Auto-Burn. The burn took 1,684,387.11 BNB, according to a Binance blog post. That’s $798,887,962 in tokens at the time of writing. Through the Binance Pioneer Burn program, which counts BNB delivered to dead wallets, 6296 of those coins were ‘effectively’ […]

Malaysia’s Central Bank is actively considering CBDC options

Malaysia’s Central Bank is actively considering CBDC options

In 2021, Malaysia collaborated with South Africa, Australia, and Southeast Asian neighbor Singapore to develop a proof-of-concept CBDC pilot. Malaysia has joined a growing list of countries looking at the benefits of researching and implementing a central bank digital currency (CBDC). While a decision on how to proceed with a CBDC has yet to be […]