Binance Coin Soars as Next Launchpad Sale Will Be Lottery Format

Participation in the next Binance Launchpad project will be conducted through a lottery format. The move comes following countless community complaints associated with technical issues during the past three token sales. Lottery tickets will be allocated based on the amount of BNB a user holds.  Binance Launchpad Becomes a Lottery Bitcoinist reported earlier this week that Binance CEO, Changpeng Zhao, hinted for…

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Binance CEO Hints BNB Token ‘Hodlers’ May Get Launchpad VIP Access

Following Celer Network’s ‘successful’ token sale on Binance Launchpad, Binance CEO Changpeng Zhao has hinted that a new model where BNB holders will get first dibs on new token launches may be in the works.  Celer Network Sale ‘Success’ Binance Launchpad concluded its third token sale for the year. The project, called Celer Network, sold out its planned supply of almost…

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Binance Opens ‘New’ Cash-for-Crypto Service in Australia (That Already Existed)

Binance has announced the launch of a ‘new’ platform in Australia to buy Bitcoin with cash across 1,3000 Newsagent locations across the country. The exact same service, however, already existed for over year.  Binance Sets Foot in Australia The world’s largest cryptocurrency exchange by trading volume, Binance, has launched a cash-to-crypto platform in Australia, called Binance Lite Australia. The service allows…

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Malta Tops Crypto Trading Volume But 87% of Reported Data is ‘Suspicious’

Binance and other cryptocurrency exchanges are leading global  trade volume from their new base in Malta, fresh research has found. Malta Hits $35B Monthly Volume CryptoCompare gathered raw data from the exchange sector covering the three months from December 2018 to February 2019, which it released as a report this week. Leading the results was a breakdown of exchange trading volume…

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Binance Set The Stage With Launchpad, Other Major Exchanges Quickly Follow

Binance Launchpad has proven to be an effective platform for pitching new blockchain-related projects. Now, other well-known cryptocurrency exchanges are also jumping on the same bandwagon with propositions of their own.  The New ICO Hypetrain Earlier in 2019, Binance — which is currently the world’s largest cryptocurrency exchange by traded volumes — announced that it will feature one token sale every…

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‘Big’ Update Coming to Binance, Maintenance Impending

Binance, the world’s largest cryptocurrency exchange by traded volumes, will be entering into scheduled maintenance starting March 12 at 2 AM UTC.  Without revealing too much information, its CEO said that there’s a “big” update coming.  ‘Funds are #SAFU’ According to a system upgrade notice published on Binance’s official website, the world’s leading cryptocurrency exchange is set to undergo scheduled maintenance…

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Binance CEO: No Profit-Sharing With Users Due To BNB Security Status

Cryptocurrency exchange Binance will not share profits with holders of its in-house token due to regulatory hurdles. ‘You Don’t Want That’ That was the decision from CEO Changpeng Zhao (known as CZ), who shed light on the issue during an informal social media Q&A session on March 4 hosted by UK-based trading platform eToro. Asked whether the exchange, which has seen…

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In-Depth Analysis Of Binance Coin (BNB) ‘Almost Scary,’ Says Binance CEO

Kyle Samani of Multicoin Capital, this week shared an in-depth analysis and valuation of Binance Coin (BNB). In fact, the report was so detailed that Binance CEO Changpeng Zhao described it as “almost scary.” Once he’d had time to properly read it, that is. Spoiler: Multicoin Capital Is Long On $BNB The conclusion of the report is that $BNB is under-valued, so you…

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5 Biggest Crypto Exchanges Combined Comprise Less Than 1% of JPMorgan

New research from Hacken System’s Crypto Exchange Ranks (CER) shows that traditional banks like JPMorgan and Bank of America dwarf the nascent cryptocurrency exchange industry. Uptown Top Ranking Cryptocurrency exchanges are like the banks of the industry, acting as intermediaries between traders, investors, projects and other stakeholders. But the metric used to compare exchanges (daily trade volumes) is open to abuse…

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Binance DEX Testnet Launches But Don’t Call It a Decentralized Exchange Yet

Binance has announced the much-anticipated launch of the testnet of Binance Chain and the decentralized exchange (DEX) built on top of it as Binance Coin (BNB) reached a new all-time high value trading against BTC. Binance Chain Testnet is Now Live In an official publication, Binance, the world’s largest cryptocurrency exchange by means of traded volumes, announced that both Binance Chain and…

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