Crypto Exchanges Archives - Cryptolifedigital

20Apr

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Crypto Exchanges

Facts About Binance Exchange

Binance is one of the world's leading cryptocurrency exchanges, founded in 2017 by Changpeng Zhao (also known as CZ). Binance has quickly become one of the most popular exchanges for buying and selling cryptocurrencies, boasting more than 15 million registered users. Binance offers users access to a wide variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others. The exchange operates in more than 180 countries around the world and has an average daily trading volume of around $2 billion. Read Also: SHIB Metaverse Becomes The Talk Of Hollywood. Here's Why In addition to its standard trading platform, Binance offers several other services, including a decentralized exchange, futures trading, and staking. The exchange also has its cryptocurrency, Binance Coi...

Exchanges Like KuCoin, OKX And CrypoCom Follow Binance To Implement The Newly Passed LUNC Tax Burn Proposal

20Oct

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Crypto Exchanges

Exchanges Like KuCoin, OKX And CrypoCom Follow Binance To Implement The Newly Passed LUNC Tax Burn Proposal

Three cryptocurrency exchanges announced they would implement the New LUNC proposal to reduce the tax levied on LUNC and USTC on-chain transactions. Following Binance’s announcement of reducing the 1.2% parameter to 0.2%, exchanges have been showing support for the latest tax burn proposal of the LUNC token. Exchanges Support The Newly Passed LUNC Proposal Exchanges like the KuCoin, OKX, and Crypto.Com, followed the same path as Binance, the biggest cryptocurrency exchange. CryptoCom Agrees To Implement The Proposal 5234 In a newly shared tweet by crypto.com, it announces that it will reduce the tax burn parameter for Terra Classic token’s on-chain transactions, including deposits and withdrawals, from 1.2% to 0.2% while still maintaining the Tera classic token’s withdrawal...

Binance Exchange Remains Committed To Its Promise To LUNC Network As It Burns Over 2.5 Billion LUNC Tokens

17Oct

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Crypto Exchanges, Cryptocurrency

Binance Exchange Remains Committed To Its Promise To LUNC Network As It Burns Over 2.5 Billion LUNC Tokens

As Binance is known for its strong supporting act, it has shown it again as it burns a whopping 2.5B Terra Classic (LUNC) tokens ($659K+) in its third batch of weekly off-chain burns. The low trading volume has not made the largest crypto exchange grow wearied as it has vouched to fulfilled its word towards the LUNC burn. Read Also: LUNC Community Waxes Stronger In Its Support For LUNC Project As An Anonymous User Support Terra Rebel With Over $19,000 Binance Third Weekly Burns Per the LunaBurnTracker, “Burn alert! 2,500,382,131 LUNC ($659,051) burned to Luna Burn Wallet,” the handle noted in a tweet Monday, as a link to the burn transaction was shared. https://twitter.com/LunaBurnTracker/status/1581994343229005826 The transaction record shows that the recent...

CetoEX To Add Support LUNC 1.2% Tax Burn Proposal Soon: Detail

6Oct

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Crypto Exchanges, Cryptocurrency

CetoEX To Add Support LUNC 1.2% Tax Burn Proposal Soon: Detail

The popularity of the LUNC Tax Burn is on the increase as another trading platform called CetoEX unveils its plan to implement the proposal on LUNC trading on-chain and off-chain transactions. The new development was shared on CetoEX’s official Twitter handle saying that Terra Classic (LUNC) listing soon on its platform. Read Also: LUNC Developer Confirms No Minting Of New LUNC Token, Terra Rebel Also Clarifies No One In Charge Of LUNC Code https://twitter.com/Cetoex/status/1577653264396394499 CetoEX Global Services Crypto noted in a recent announcement that it would list LUNC on its platform on October 10, 2022, at midnight UTC. Facts About CetoEX It is a centralized cryptocurrency exchange permitting the users to transact with over 20 cryptocurrencies which inc...

The Long-Awaited Binance’s LUNC Burn Surfaced As Promised, As It Burns Over 5 Billion LUNC Tokens

3Oct

By Cryptolifedigital3 Comments

Crypto Exchanges, Cryptocurrency

The Long-Awaited Binance’s LUNC Burn Surfaced As Promised, As It Burns Over 5 Billion LUNC Tokens

The most-anticipated Binance's LUNC burn has just landed after some days’ waiting. The largest crypto exchange fulfilled its promise with the burning of over 5 billion instantly. Recall that the previously stated that it will be implementing the LUNC tax burn on the LUNC spot and margin trades. Per LunaBurn Tracker; “Burn alert! 5,595,907,838 LUNC ($1,899,923) burned to Luna Burn Wallet,” Read Also: The Ripple's Usual Monthly Unlock Of 1 Billion XRP Tokens Did Not Happen In October, Could It Be That The Total 55 Billion XRP Locked Has Been Unlocked? https://twitter.com/LunaBurnTracker/status/1576928465898688512 Although the identity of the entity behind the burn was not explicitly noted, the consensus is that Binance initiated it due to the pattern of the initiation. Furt...

Binance CEO Clarifies Who The Guangying Chen Is And Where The True Binance Origin Is

2Sep

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Crypto Exchanges

Binance CEO Clarifies Who The Guangying Chen Is And Where The True Binance Origin Is

In a recent blog post by Binance, CZ, the Binance CEO, has responded to the critics and conspiracy about the claim that the largest cryptocurrency exchange is a Chinese-based “criminal entity” that “secretly [belongs] in the pocket of the Chinese government.” The post was made on September 1st when the Binance CEO took out time to clarify the personality of Guangying Chen to the former Washington Post journalist. Read Also: A Hong Kong-based Crypto Exchange, LBANK, To List BONE Changpeng Zhao, the Binance CEO, said the question is in a regard to his personal friend and Chinese national Guangying Chen is the secret owner of Bijie Tech (a company he founded in 2015) and possibly also Binance. Following his above statement, CZ further explained that Chen is his colleague whom he ...

Binance Recovers 83% of Total $570,000 Stolen And is Working To Return The Funds To the Victims: Binance Has Done It Again

12Aug

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Crypto Exchanges

Binance Recovers 83% of Total $570,000 Stolen And is Working To Return The Funds To the Victims: Binance Has Done It Again

The smartness of the largest cryptocurrency exchange, Binance has always been mind-blowing over the years. Binance Recovers The Stolen Funds Recently, the exchange firm take the front tract in unveiling the recovery method of the stolen funds to help the victims. The Binance’s head stated that with the help of the trading platform, $450,000 has been recovered out of the total of $570,000 stolen via hacking. The total recovery represents 83% of the overall losses. Read Also: Shinsei Bank, A well-Known Japanese Bank Conducted Two Joint Campaigns In Partnership With SBI VC Trade To Reward Customers With XRP Read Also: BlackRock Launches A Spot Bitcoin Private Trust To provide Clients With Access To Their Choice Of Investment Opportunities The whole scenario started when the...

Coinbase Partners With BlackRock To Allow Aladdin’s Clients To Participate And Transact In The Cryptoeconomy

4Aug

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Crypto Exchanges

Coinbase Partners With BlackRock To Allow Aladdin’s Clients To Participate And Transact In The Cryptoeconomy

Coinbase, one of the world-leading crypto exchanges announced its partnership with BlackRock, the world’s largest asset manager, to provide institutional clients of Aladdin®, BlackRock’s end-to-end investment management platform, with direct access to crypto, starting with bitcoin, through connectivity with Coinbase Prime. https://twitter.com/coinbase/status/1555161624322998273 More also, the partnership will allow institutions to participate and transact in the cryptoeconomy, we are committed to pushing the industry forward and creating new access points as institutional crypto adoption continues to accelerate rapidly. Read Also: Buterin Vitalik, Ethereum CEO Sold A Total Of 25 Trillion SH. T Coins Through His ETH Address, This Could Lead To The Crash Of The Coin ...

eBay, The E-commerce Giant Releases Its First NFTs Collection.

23May

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Crypto Exchanges

eBay, The E-commerce Giant Releases Its First NFTs Collection.

E-commerce giant eBay announced the launch of its first non-fungible token collection in partnership with hockey legend Wayne Gretzky earlier this Monday. Read Also: Dogecoin Experiences Buying Strength from Whales as Price Expects Next MoveThe San Jose, California-based company joined forces with "green" NFT platform OneOf to roll out the collection. The collection will feature 13 different works of art devoted to one of the greatest hockey players of all time. Each piece costs up to $1,500. eBay's dawn back claims that NFTs are disrupting the collectibles sector. eBay was released at the top of the dot-com boom in the late 1990s. It remains the second most popular e-commerce platform in the U.S., but it is substantially lagging behind rival Amazon. Amazon was rumor...

Grayscale Releases its First European ETF

16May

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Crypto Exchanges

Grayscale Releases its First European ETF

One of the world’s largest digital currency asset managers broadcast the integration of its first European ETF, which is going to track Bloomberg's Grayscale Future of Finance Index, giving investors exposure to digital assets, finance, and technology companies. Read Also: Cardano Experiences Main Milestone of 700,000 Users The newly arrived exchange-traded products are expected to be listed on the London stock exchange (LSE), Borsa Italiana, and Deutsche Borse Xetra. Back in February, Grayscale listed its ETP in the United States, offering the same type of exposure to U.S. investors. The Future of Finance Index tracks companies represented by three sections: Financial Foundations, Technology Solutions, and Digital Asset Infrastructure. The Digital Assets infrastruct...