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Tag: Binance.US

Binance Conducts 11th Terra Classic (LUNC) Token Burn Amid Community Disputes
3Jul By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Binance Conducts 11th Terra Classic (LUNC) Token Burn Amid Community Disputes

Binance, one of the world's largest cryptocurrency exchanges, has recently carried out its 11th Terra Classic (LUNC) token burn, further intensifying disputes within the Terra Classic community. The burn involved a substantial amount of 2.65 billion LUNC tokens, totalling approximately $236.6K at the time of the transaction. This burn, which occurred on July 1 at 15:12 (UTC), was executed by incinerating 50% of LUNC spot and margin trading fees accumulated between May 31 and June 29. Terra Classic's Total burn hit 65.3 Billion LUNC, Binance representing over 54% The cumulative Terra Classic burn, including contributions from all parties, has now reached 65.3 billion LUNC tokens. Binance's total burns account for an impressive 35.53 billion tokens, representing over 54% of the cumulative ...
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Israel’s Ministry of Defense Seizes Millions in Cryptocurrency Intended for Terrorist Financing, with Support from Binance
30Jun By OLAJIDE SAMUELNo Comments
Crypto Exchanges

Israel’s Ministry of Defense Seizes Millions in Cryptocurrency Intended for Terrorist Financing, with Support from Binance

In a historic achievement in the fight against terrorism, Israel's Ministry of Defense, with crucial assistance from Binance, a leading cryptocurrency exchange, successfully disrupted a significant terrorist financing operation orchestrated by the Hezbollah terror group. The operation not only represents a major victory in counter-terrorism efforts but also deals a blow to the funding activities of Iran's Islamic Revolutionary Guard Corps - Quds Force (IRGC-QF) on the blockchain. Read Also: Shiba Inu (SHIB) Makes Strides in Credibility and Adoption with Recent Developments https://twitter.com/binance/status/1674451617599332353 Binance, known for its commitment to combat illicit activities within the global cryptocurrency ecosystem, played a key role in identifying and thwarting th...
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Binance CEO CZ’s Football Skills Questioned by Cristiano Ronaldo
20Jun By OLAJIDE SAMUELNo Comments
Crypto Exchanges

Binance CEO CZ’s Football Skills Questioned by Cristiano Ronaldo

In a recent Twitter exchange, Binance CEO Changpeng Zhao (CZ) found himself at the centre of a playful banter with world-renowned professional footballer Cristiano Ronaldo. The discussion revolved around the hypothetical scenario of CZ pursuing a career as a professional footballer in an alternate life, with Ronaldo expressing doubts about his abilities on the field. Cristiano Jokingly Questions CZ's (Binance CEO) Free Kick The interaction began when Binance, one of the leading cryptocurrency exchanges, shared a tweet suggesting that CZ might have excelled as a professional footballer had circumstances have been different. The tweet playfully implied that CZ's skills on the football pitch were worthy of admiration. Read Also: Binance Announces Integration of Bitcoin Lightning Network ...
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Binance.US and SEC Reach Agreement to Secure Customer Funds Amidst Lawsuit
17Jun By CryptolifedigitalNo Comments
Blockchain

Binance.US and SEC Reach Agreement to Secure Customer Funds Amidst Lawsuit

Binance, Binance.US, and the Securities and Exchange Commission (SEC) announced on Friday a proposed agreement that seeks to ensure the security of customer funds held by Binance.US in the short term. The deal is still pending approval from a federal judge overseeing the case. The proposed deal aims to address SEC's concerns while the broader lawsuit unfolds As part of the proposed agreement, Binance.US will take significant measures to prevent officials from Binance Holdings (referring to the global exchange) from accessing private keys for its wallets, hardware wallets, or obtaining root access to Binance.US's Amazon Web Services tools. This step aims to provide enhanced security and prevent any unauthorized access to customer funds. Read Also: Shibarium Testnet V2 Launch: Claim You...
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Beginners’ Guide On How To Navigate Through Binance Exchange App
6May By OLAJIDE SAMUEL1 Comment
Crypto Guides

Beginners’ Guide On How To Navigate Through Binance Exchange App

Binance is one of the world's largest cryptocurrency exchanges, offering a wide range of digital assets for trading. The Binance exchange app is available for both Android and iOS devices and provides users with a convenient way to trade cryptocurrencies on the go. In this comprehensive guide, we will walk you through the process of navigating through the Binance exchange app. Downloading the Binance Exchange App The first step is to download the Binance Exchange app from the Google Play Store or the Apple App Store, depending on your device. Once the app is installed, open it and click on the "Register" button to create a new account. Read Also: Facts About Binance Exchange Creating an Account To create a new account, you will need to provide some basic information such...
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Binance.US Launches Staking For The VeChain Token, It Says Its Customers Can Stake And Earn 1% APY.
20Oct By OLAJIDE SAMUELNo Comments
Blockchain

Binance.US Launches Staking For The VeChain Token, It Says Its Customers Can Stake And Earn 1% APY.

According to a recent tweet, Binance.US announces that it has launched staking for the VeChain token (VET).  Binance.US Launches VeChain Staking Per the tweet, Binance.US made it known that its users who stake their VET will earn 1% APY, which will be paid in VeThor (VTHO). https://twitter.com/BinanceUS/status/1582779386251857921 Furthermore, Binance.US said that the staking rewards for VET would be paid out weekly. In addition, there is no mandatory lock-up period for VET staking, as customers can unlock their staked funds whenever they choose without incurring any fee. Read Also: VeChain Partners With Venice Sustainable Fashion Forum To Enhance Sustainability In fashion Supply Chain Binance.US noted; customers can now buy, sell, convert, or stake VET, and also buy, ...
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