Cryptocurrency exchange Binance will end support for USDC stabelcoin and forcibly convert it to its own Binance_USD (#BUSD). On September 29, Binance will forcibly convert user assets from USD Coin to Binance USD. The same will happen with two smaller stabelcoins, PaxDollar and TrueUSD, which are also forcibly converted to the exchange’s Coin. This not only promises inconvenience to users, but major problems for Circle Internet Financial, which is the issuer of USDC and was planning to go for an IPO. After such actions, Binance may take the leading place in the market of stabelcoins and make its subordinate Binance USD the largest in terms of capitalization.
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Binance – One of the largest international online digital currency exchange services. Dozens of cryptocurrencies are exchanged both among themselves and with fiat money.
Binance Australia: Regulation will set high standards in the crypto industry
Binance Australia CEO: Regulation will set higher standards in the crypto industry. Leigh Travers noted that the lack of regulatory certainty is causing large financial institutions to stay away from the cryptocurrency industry. CommonWealth Bank of Australia, for example, has suspended its digital asset trading pilot program.
Read MoreBinance laundered Hydra and Lazarus money
Binance laundered Hydra and Lazarus money. Reuters reported that from 2017 to 2021, Binance processed at least $2.35 billion worth of transactions related to illegal activities. The agency used court records, law enforcement statements, and blockchain information.
Read MoreHow to withdraw cryptocurrency: ways to withdraw BTC, ETH, XMR, RVN and other altcoins in fiat
BTC, ETH, XMR, RVN, and other altcoins get to your cryptocurrency wallet obtained by mining or buying on the exchange. You can store them until better times, expecting that in the near future the exchange rate will rise even more, and you will be able to sell your crypto-assets at a good price. Now it […]
Read MoreReddit users are going to buy up Bitcoin in droves for $30
Members of the bitcoin community on Reddit are going to arrange a mass purchase of the main coin for $30. This news became known on the site itself. The post with this appeal already has more than 8.5 thousand likes. The plan is that all interested traders should buy bitcoin for $30 tomorrow, September 7. […]
Read MoreBinance cryptocurrency exchange domains undergo DDoS attack
The Chinese domains of the Binance cryptocurrency exchange underwent a “targeted DDoS attack” this Wednesday. “Users could experience delays and interruptions in network access,” wrote Changpen Zhao, CEO of Binance. – Judging by the attack scheme, our self-named competitors are behind it. No need to worry. The system is in order, the assets are safe. […]
Read MoreBinance US, FTX and OKCoin cryptocurrency exchanges offer the lowest trading commissions in the spot market
According to a new study by The Block analyst Larry Chermak, Binance US, FTX, OKCoin, bitFlyer Japan and Poloniex are by far the cheapest spot cryptocurrency exchanges. Chermak analyzed trading commissions on the top 20 cryptocurrency exchanges and concluded that FTX is the cheapest exchange for retail traders, while Binance US and OKCoin are the […]
Read MoreBinance has warned about the vulnerability of the email client devices based on iOS
This morning, the Binance cryptocurrency exchange published a notification for its users, in which it warned about the vulnerability of devices based on the iOS operating system arising from the default email client. As ZecOps reported a few days earlier, the vulnerability allows remote code execution. For infection, a message is sent to the device, […]
Read MoreBinance users complained about delays in the work of the exchange
Binance cryptocurrency exchange is experiencing performance problems this Thursday amid increased traffic. Several Twitter users complained that they had difficulty trying to buy and sell assets or cancel existing orders on the exchange. CEO Binance Changpen Zhao commented on these observations, noting “a slight delay in the display of order books for some trading pairs.” […]
Read MoreBinance makes changes to the rules for conducting IEO on its platform
Cryptocurrency Exchange this Thursday announced upcoming changes in the order of the initial exchange offerings (IEO) on its Binance Launchpad .
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