DeFi Protocol from Kyber Network is now available on Binance Smart Chain
Kyber Network’s multi-chain technology, which was previously introduced on Ethereum and Polygon, is now available on Binance Smart Chain. Kyber Network , a liquidity platform for decentralized finance (DeFi), has launched its KyberDMM protocol on Binance Smart Chain (BSC). DeFi is a common moniker for a set of blockchain protocols designed to deliver financial products […]
Binance exchange to auction off da Vinci, Van Gogh NFTs
The State Hermitage Museum and Binance NFT Marketplace have partnered to auction off a digital collection of some of the world’s most renowned artists. The State Hermitage Museum and Binance are launching an NFT auction off a digital collection of the world’s treasures from the museum’s main exhibition The collection, titled “Your token is maintained […]
Binance announces its Cardano wallet will undergo maintenance by August 31
Cardano (ADA) wallet on Binance will undergo maintenance by the end of the month, the exchange did not specify if ADA trading will be put to hold. According to a recent tweet from Binance, the exchange will send its Cardano (ADA) wallet in for maintenance in less than a week—on August 31. According to the […]
The United Kingdom’s FCA says it is not capable of supervising Binance
According to a recent supervisory notice, the UK’s financial conduct authority believes that cryptocurrency exchange Binance is “not capable” of being successfully monitored by the agency. The Financial Conduct Authority (FCA) document was first reported by the Financial Times . The supervisory notice, issued June 25th, outlines the limits that the FCA intends to impose […]
Binance tightens its money-laundering checks
Binance cryptocurrency exchange announced on Friday that it would need stronger background checks on users with immediate effect in order to enhance efforts against money laundering, this may be due to pressure from regulators around the world. Financial regulators from the United Kingdom to Germany to Japan have issued warnings and imposed business restrictions on […]