Binance Wallet Incurs Nearly $1M in ETH Gas Fees
Binance reportedly stated that they were aggregating user wallets to guarantee the security of user funds. A Binance-affiliated cryptocurrency wallet has expended 530 Ether. Etherscan, a blockchain data explorer, reports that approximately $843,797 in gas fees were paid in 24 hours. On September 21, gas fees on the Ethereum network increased from a minimum of […]
Binance CEO Addresses Rumors
Amid SEC and CFTC Lawsuits, Binance CEO Defends Brian Shroder’s Resignation as Normal, states that they are ‘taking a deserved break’. Changpeng Zhao (CZ), the chief executive officer of Binance Holdings, has refuted rumors about Binance’s departure. After a fruitful tenure with the company, US CEO Brian Shroder stated that he is “taking a well-deserved […]
Binance Adds Support For Terra Luna Classic (LUNC) Network
Binance cryptocurrency exchange recently announced its support for Terra Luna Classic’s latest upgrade v2.2.1, which is an upgrade proposal submitted by the L1 Terra Classic Task Force (LTF Binance disclosed support for the Terra Luna Classic network upgrade in an official announcement made on September 12. According to the countdown, the v2.2.1 core upgrade will […]
Binance Halts Polygon Network Support, Sandbox NFT Staking
Binance crypto exchange stops the Sandbox NFT Staking Program on the Binance NFT Marketplace. In addition, users will no longer be able to stake LAND NFTs hosted on the Polygon network. The crypto exchange Binance disclosed the decision to discontinue the Sandbox NFT Staking Program in a September 8 announcement. According to the exchange, the […]
Binance Product Lead Mayur Kamat Exits Organization
Binance crypto exchange continues to lose key executives as regulators around the globe increase their scrutiny of the platform. Recently, the exchange’s product lead, Mayur Kamat, quits his position, saying he is passing the baton to “next-gen leaders” Mayur Kamat, the director of products at the cryptocurrency exchange Binance, has confirmed he is leaving the […]