Binance Coin news

Binance, the largest cryptocurrency exchange by trading volume, has updated its product and service policies to support mandatory Know-Your-Customer (KYC) verification. The exchange announced this news earlier today, noting that it made this amendment in response to changing global compliance standards. Additionally, Binance claims that these changes aim to improve…

The Binance Coin (BNB/USD) price held steady even after a major hack happened in one of the projects built using the Binance Smart Chain. The coin jumped to a multi-month high of $382.50, pushing its total market capitalization to more than $64 billion. Poly Network hack The biggest cryptocurrency…

The largest cryptocurrency exchange by trading volume, Binance, has joined forces with Alchemy Pay, a crypto-fiat hybrid payment platform, to streamline peer-to-peer (P2P) payments. A press release unveiled this news on August 3, noting that the firms intend to build a payment bridge between crypto and fiat through the Binance…

Bitcoin BTC/USD, Ethereum ETH/USD and Binance Coin BNB/USD have been dominating the charts in terms of market capitalization, with BTC placing #1, ETH #2 and BNB #4.  Bitcoin has a market dominance of 46.2%, while ETH has a market dominance of 18.9%. BNB has a market dominance…

Celer, the speedy, affordable value transfer network and undisputed leader in Layer-2 scaling solutions announced that cBridge, its multi-chain network, has gone live on the mainnet. This development makes it possible to transfer tokens across Binance Smart Chain (BNB/USD), Ethereum (ETH/USD), Polygon (MATIC/USD), and Arbitrum at low…

Binance, the leading cryptocurrency exchange in terms of volume, has completed the 16th quarterly burn of its native token, Binance Coin (BNB/USD). The exchange unveiled this news through an official announcement on July 18, noting that it burned 1,296,728 BNB worth approximately $393,673,653.52 (£286,931,010.74). Reportedly, the…

Throughout the past week, Binance Coin BNB/USD rebounded from below $240 to trade near the $400 level. This is a direct response to Binance’s new features that enhance the overall functionality of the exchange and offer users various ways through which they can use the BNB token to earn…

Binance exchange has announced that it seeks to list more stock tokens. The exchange unveiled this news on April 26, noting that it will avail MicroStrategy (NASDAQ:MSTR), Apple (NASDAQ:AAPL), and Microsoft (NASDAQ:MSFT) stocks on its platform. Similar to…

Binance Coin (BNB) completed its 15th burn last week, with nearly $600 million worth of BNB tokens burned. The activity is a quarterly ritual aimed at reducing the number of BNB tokens in circulation. The tokens are not usually burned from outside holders but done within the team…

Leading cryptocurrency exchange Binance has invested in Texas-based crypto-focused hedge fund Multicoin Capital. The exchange unveiled this news through a blog post on March 2, noting that this investment has seen it become a limited partner in the hedge fund. Reportedly, this strategic investment will see the two companies work…

Binance Coin (BNB) has, after spending a week in retracement mode, finally made a move towards the upside. So, what caused BNB to surge over 20% on the day, and should you consider investing in BNB now? Fundamental analysis: Binance Smart Chain performance pushes BNB up With Binance…

The recent surge in cryptocurrency prices has led to an extraordinary increase in network fees from rising transaction volumes. As a result, the Binance exchange restricted withdrawals for Ethereum (ETH) and ERC-20 tokens. High ETH network congestion The exchange explained that it decided due to the high Ethereum network…

The Binance Coin (BNB) has grown considerably within the past few days to hit a market capitalization of $40 billion. The impressive surge has helped to coin to climb to the third position based on market capitalization. This means it has also overtaken Tether, which previously sits on the…

Bitcoin (BTC) price has continued to lead the way higher with Ethereum (ETH) closing in on the $2,000 handle. In the meantime, Binance Coin (BNB) is up over 50% on the day to increase February gains to nearly 600%.  Fundamental analysis: Warnings issued about high valuations Meghan…

Binance Coin’s (BNB) price skyrocketed as high as $175.915 on massive exchange inflows. What will happen next, and should you buy some BNB now? Fundamental analysis: massive money inflows on the Binance exchange bring BNB’s price up Binance Coin is the native cryptocurrency of the world’s largest exchange –…

Binance Coin (BNB) almost reached $150 mark in a major upswing, outperforming even Bitcoin along the way. What’s the reason for this price surge and should you buy some BNB now? Fundamental analysis: influx of Binance traders caused BNB to skyrocket The now seventh-largest cryptocurrency by market capitalization skyrocketed…

The crypto industry has seen quite a lot of activity in 2021, even though even the first month of the year did not end yet. The year started with the rally of Bitcoin, and now, the altcoins seem to be following. Meanwhile, it would seem that Binance is attracting more…

Binance Coin (BNB) is a cryptocurrency often overlooked by the investors as many consider it to just be a token used for reducing Binance Exchange trading fees. However, BNB’s recent price performance and the influx of BNB buyers is proof that it could be much more than that.

The Binance coin (BNB) is close to an all-time high as the crypto exchange prepares to undergo its 14th BNB token burn. The past year has seen an impressive rise in the world’s largest crypto exchange token by market capitalization. Its rise has been an interesting one as it…

Binance is known for being the world’s largest crypto exchange by volume, but in addition to that — it is also always among the first to jump on a new trend. The exchange made several moves to enter DeFi when the sector first started to become popular, one of which…

Smart advertising token SaTT has seen quite a bit of activity recently. It was listed on the world’s largest decentralized exchange (DEX), Uniswap, and soon after that, Binance DEX decided to add support for it, as well. SaTT emerges on Binance DEX With the Binance DEX listing, SaTT is…

The world’s largest crypto exchange by trading volume, Binance, recently reported that this volume skyrocketed yesterday to brand new levels. The exchange and its CEO, Changpeng Zhao, recorded an $80 billion-large volume within only 24 hours on January 4th. Binance’s volume exceeds the 2017 record by four times Binance’s CEO,…