Binance will issue a $100,000 reward to its users as it seeks to promote its soon-to-be-launched decentralized exchange.
The Binance DEX exchange is rapidly advancing and the blockchain that will support it will be made available for public testing on a testnet this month.
Changpeng Zhao said that rather than ETFs, “for our industry to grow we need more entrepreneurs to build real projects.”
In a recent twitter thread, Binance CEO Changpeng Zhao wondered aloud why not all internet based businesses don’t already accept crypto as a form of payment.
Cryptocurrency exchange Binance has announced it is now supporting debit and credit card payments, in a move expected to help increase mainstream adoption.
Africa is taking massive steps to ensure it becomes a blockchain and crypto hub in the coming future. Some countries are even thinking of making cryptocurrencies a legal tender.
Binance has launched a new fiat cryptocurrency exchange, Binance Jersey, which will allow users to exchange cryptocurrencies against GBP and EUR.
The Cryptopia cryptocurrency exchange out of New Zealand became the most recent target of hackers. By the time the attack was discovered, thieves had reportedly been able to get away with Ether and Centrality tokens amounting to as much as $3.65 million.
Over the course of the past three months, the balances of cryptocurrency wallets held by exchanges has declined. Most notably, exchange-held Bitcoin Core (BTC) and Ether (ETH) assets dropped 6%, while the holdings of once-prominent stablecoin Tether were reduced by 40%.
Binance, the world’s leading cryptocurrency exchange, will hold the first Binance SAFU Hackathon in Singapore on 19 and 20 January, 2019.