Binance protects users first before Shareholders – CZ
The CEO of crypto trading platform Binance has assured investors that the platform is secure and would refund users first over stakeholders in the case of bankruptcy. In the wake of a recent admission by another top exchange, Coinbase, Binance issued an explanation to its users on Monday. At the time, there were several arguments […]
Binance Introduces Direct Crypto For Fiat Sales Through Visa Cards
Binance, the largest cryptocurrency exchange, announced on Monday that users may now sell crypto for fiat using their debit and credit cards. Users will be able to sell all cryptocurrencies for fiat and transfer funds directly to supported Visa credit or debit cards using the Sell Crypto to Credit/Debit Card feature. Binance Introduces a Sell-Crypto-For-Fiat […]
Binance CEO CZ Sets To Support Terra Community
CZ stated that minting and forking don’t create value, as he refers to the potential issues with forking Terra. Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance, recently questioned the idea of hard forking the Terra blockchain to revitalize the once-thriving LUNA and UST ecosystems. Following that, CZ shared his thoughts on the best course […]
Binance Invests $500M to support Elon Musk’s Twitter acquisition
According to data from the US Securities and Exchange Commission, major crypto exchange Binance and 18 other co-investors participated in Elon Musk’s $44 billion acquisition of Twitter. On May 5, Musk filed a revised general statement of acquisition, indicating that Twitter had acquired new finance commitments totaling $7.2 billion in conjunction with the merger deal, […]
Binance receives license to provide digital asset service in France
Markets regulator in France, Autorité des marchés financiers (AMF) has granted crypto exchange Binance approval to operate within the country. Binance France has been registered as a “digital asset service provider” (DASP) by France’s markets regulator, AMF. The registration was accepted by the French banking authority ACPR. As a result of the registration, France becomes […]