Tag: Binance

Binance Confirms Crypto Debit Cards Shipping to Europe

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Binance has confirmed the shipping of its crypto debit cards to Europe following a tweet from Binance CEO Changpeng Zhao, or CZ, several days ago. “We began shipping a limited quantity of Binance Cards on July 24,” a Binance representative told Cointelegraph in a July 27 email. “The cards are being shipped to users in European Economic Area,” the representative added.   CZ posted on social media about the card shipments CZ tweeted the news out in an unofficial capacity on July 25. “This started shipping in limited quantities as…

Binance Now Sending Out Its Debit Cards

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After months of waiting, planning and testing, Binance has begun delivering its debit cards to customers. “This started shipping in limited quantities as of yesterday, I heard,” Binance CEO Changpeng Zhao, also known as CZ, said in a July 25 tweet, responding to a community member interested in the product. Previous reporting shows an August launch for the card in European regions, so, it can be inferred, CZ means shipping to European customers at this time. Cointelegraph reached out to Binance for additional details but received no response as of…

Binance Smart Chain Adds Chainlink Oracles for Better DeFi

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Binance Smart Chain — a dual-chain architecture from major crypto exchange Binance — is now integrating Chainlink (LINK) data oracles.  Binance Smart Chain adds smart contracts to the exchange’s original chain, Binance Chain, and is currently in testnet. Chainlink co-founder Sergey Nazarov told Cointelegraph that in his opinion, this integration will save time and effort for developers who are building decentralized apps on the blockchain: “With the Chainlink integration, Binance Smart Chain developers no longer need to dedicate months of engineering time to set up their own oracle infrastructure. Now,…

Binance to Transfer BUSD Across Blockchains on Syscoin-Ethereum Bridge

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Major cryptocurrency exchange Binance plans to use a bridge between the Syscoin and Ethereum blockchains to move its Binance USD (BUSD) stablecoin between them. The bridge developed by the Syscoin Foundation will allow BUSD holders to move their tokens between the Ethereum and Syscoin blockchains. This will also make the stablecoin available on the Syscoin blockchain for the first time.  Binance said, “Users can take advantage of Syscoin’s fast, scalable and low-cost transactions while also preserving the ability to leverage Ethereum’s smart contract functionality. Also help provide more use cases…

Binance Coin (BNB) Rallies 7%, Technicals Suggest Fresh Monthly High Above $19

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Binance coin price is gaining bullish momentum above the $18.00 resistance against the USDT. BNB is trading in a nice uptrend and it could aim a break above the $18.99 monthly high. Binance coin price is up more than 7% and it recently broke the $18.00 resistance against the USDT. The price is likely to continue higher above the $18.50 and $19.00 resistance levels. There is a crucial bullish trend line forming with support near $17.30 on the 4-hours chart of the BNB/USDT pair (data source from Binance). Bitcoin could…

Binance Isn’t Permitted to Operate in Malaysia, Local Regulator Says

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Top cryptocurrency exchange Binance was added to the Securities Commission Malaysia’s list of unauthorized entities earlier today.  According to the regulator, the digital asset trading platform is “operating a recognized market without authorization from the SC”.  Malayisan law requires cryptocurrency exchanges to register as Digital Assets Exchanges with the SC. After the initial filing, they get up to nine months to meet the SC’s regulation standards. So far, only three cryptocurrency platforms — Luno, Sinegy and Tokenize — have received full approval from the local watchdog.  Notedly, in March Binance…

Coinbase, Binance, BitGo May Know Hackers ID

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The hackers who conducted the massive Twitter hijacking on July 15 do not appear to be sophisticated Bitcoin (BTC) users, as they left trails leading to and from major exchanges that presumably hold the keys to their identities. Address bc1qxy summary. Source: Crystal Blockchain. The Bitcoin address that hackers used to solicit illicit donations is bc1qxy2kgdygjrsqtzq2n0yrf2493p83kkfjhx0wlh. A couple of hours into the hack, the perpetrators started moving Bitcoin into other addresses. The Bitcoin trail they are leaving behind suggests that they are not terribly sophisticated when it comes to blockchain…

Apparent Coordinated Twitter Attack Targets Binance, CZ, Gemini, and More

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A tweet from Binance CEO Changpeng Zhao, also known as CZ, suggests that shady activity is happening over on Binance’s Twitter account.  “Do not click on this link,” CZ tweeted on July 15 from his personal media page, providing a link to recent post from Binance’s breached twitter account, warning the public. “Please report the @Binance account immediately,” CZ added.  Binance’s account tweeted an odd post As linked by CZ, Binance’s account posted about an odd partnership and giveaway. Massive giveaways hold as a tell-tale sign of foul play.  “We have…

HOPR Data Privacy Testnet to Launch Following Investment by Binance

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Swiss data privacy startup HOPR is launching its first public testnet shortly after securing $1 million in investment from investors like Binance. HOPR said that the startup is preparing to launch the testnet and community support program on July 16.  The event will feature rewards in MakerDAO’s stablecoin Dai (DAI). Token sale date undisclosed The HOPR project was launched in response to increasing concerns over online data privacy. The Swiss company develops open source tools for the Web 3 ecosystem and offers a new blockchain protocol for protecting user data.…

Chainlink (LINK) Rallies as Market Cap Surpasses Litecoin and Binance Coin

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Today Chainlink (LINK) surpassed Binance Coin (BNB) and Litecoin (LTC) in market capitalization. Data from CoinMarketCap shows LINK’s market cap surged to $2.86 billion as the price rallied 9% to $8.17. This brought the market cap above BNB and LTC whose market capitalization sits at $2.84 billion and $2.83 billion respectively. Although LINK price did not break its previous all-time high of $8.22, it surged 14% in the last 24 hours and at the time of writing the altcoin trades for $8.17.    To date, LINK has been one of the…

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