Tag: Binance
Mazars says Binance’s bitcoin reserves are fully collateralized
Mazars, an auditing firm, has published a report detailing Binance’s Bitcoin holdings. The auditing firm agrees with Binance’s assessment. By the end of trading on November 22 at 23:59 UTC, Binance had enough Bitcoin and Bitcoin Cash to pay off every user’s balance. Nearly two weeks ago, after the demise of FTX, Binance launched a…
Rise of HOOK Crypto Following Binance launch
The Rise of HOOK Crypto The new cryptocurrency Hooked Protocol (HOOK Crypto) has begun its token sale on the Binance Launchpad (HOOK). The initial price was around $0.1, but it has since risen to more than $2.8. To put it another way, its value increased by +2,700% almost instantly. Even though the price dropped all…
Binance submits FTX evidence to UK courts
Chinese cryptocurrency reporter Colin Wu tweeted on his account Wu Blockchain that Binance had declared it would provide evidence to UK lawmakers about its deal with FTX and its decision to sell FTT. According to a report from the Bloomberg television network, which Colin Wu tweeted about, Binance’s announcement to submit the details would prove…
Binance Acquire FTX: BNB Soars
Binance CEO Changpeng Zhao (CZ) recently confirmed in a tweet that the company would acquire FTX in full. This was also confirmed by Sam Bankman-Fried in a recent tweet of his. The CEOs of both exchanges have confirmed that they have agreed to a strategic transaction. The drastic action was taken to ease the severe…
Top 5 Altcoins That Are Set to Explode in November 2022
HIGHLIGHTS: In the month of November, it’s important to keep an eye on BNB, DOGE, MATIC, LUNC, and APT. The daily 9 and 20 EMA lines for Binance Coin are above the current price. With APT now listed on Binance, any price fluctuations may present a good buying opportunity. Binance Coin (BNB), Dogecoin (DOGE), Polygon…
Binance May Support Twitter’s Blockchain Efforts
Elon Musk’s acquisition of the platform was backed in part by $500 million, which was confirmed by Binance. Binance May Support Twitter’s Blockchain Efforts ELON PURCHASE TWITTER Following Elon Musk’s purchase of Twitter, the cryptocurrency exchange Binance reportedly plans to form a team to develop cryptocurrency and blockchain solutions for the social media platform. Binance’s…
Top 5 Cryptocurrency for Africans in 2023
Here are the top 5 cryptocurrency investing possibilities for Africans in 2023. The organization behind the ranking is Global Business Magazines. The finest cryptocurrency alternatives are chosen for the list based on a few factors, including price activity. For many people throughout the world, trading cryptocurrencies has been a top source of passive income in…