Binance Hires Adalberto Palma Gómez As Global Adviser
Adalberto Palma Gómez, who was president of the CNBV from December 2018 to March 2020, is now an adviser to Binance. He is working with Minister Henrique Meirelles, who was president of the Brazilian Central Bank before Palma Gómez. Binance, which has the most trades of any cryptocurrency exchange in the world, hired Adalberto Palma […]
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 […]
Binance Pay enables UAE entrepreneurs repay loans with crypto
Following the integration of Binance Pay, Virtuzone joins the group of well-known companies in the UAE accepting cryptocurrencies. Binance established its footprint among Middle Eastern investors by operating several legally sanctioned businesses in Abu Dhabi, Dubai, and other areas. By collaborating with business lender Virtuzone, Binance has made it possible for new business owners to […]
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,’ […]