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Binance Confirms Bitcoin Futures Market Attack Was an ‘Accident’

The CEO of Binance is facing criticism after wrongly accusing someone of attacking the newly launched bitcoin futures platform. CZ: No Bitcoin Futures Trader Lost Funds In an unusual turn of events, a debacle between Changpeng Zhao (‘CZ’) and an unnamed entity ensued over Twitter…

Binance Expands Lending Program, Offers Higher Returns for Traders

Binance is all set to launch the second phase of Binance Lending Products on 4th of September, 6:00 AM (UTC), wherein, 14- day and 28-day fixed-term lending products will be made available. The service will be available on a first-come-first-serve basis. Higher Returns for Traders…

Binance CEO Denies Having Links with Ponzi Firms

Millions of cryptocurrency investors have fallen victim to a growing number of multilevel marketing scams over the recent years. In 2018, victims lost about $1.7 billion to companies that falsely promised to multiply their capital within a short period. The criminals used plenty of old-school…

New Crypto Incentives From Binance Send BNB Skywards in 11% Pump

Very few crypto assets have made any major moves in 2019. One that has, and continues to do so, is Binance Coin which has cranked a further 11 percent today as the exchange announces a raft of investment incentives. BNB Surges 11 Percent One of…

Coinbase Trolls Binance by Considering Support for Launchpad Projects But Not BNB

Coinbase recently made an official announcement41 that it was exploring support for waves and 7 other cryptocurrencies. The cryptocurrencies in the review included Waves, Ontology (ONT), Matic Network (MATIC), Harmony (ONE), DASH, Cosmos (ATOM), Algorand (ALGO) and Decred (DCR). Binance CEO, Changpeng Zhao responded to the update by…

With Margin Trading, Binance Considering Adding More Coin Custodians

One of the world’s largest cryptocurrency exchanges, Binance, is firm on its path; keen on thrusting the industry forward towards what Changpeng Zhao says is the “freedom of money”. This is even as Binance plans to launch user-to-user lending functions on its platform mid this…

Has Binance KYC been hacked?

Binance users’ accounts have been reportedly hacked and their Know Your Customer (KYC) data stole. As per images of IDs posted in a Telegram chat group, thousands of the exchange’s user’s photos, IDs, and passports are out there.  Tons of crypto users have joined the…

Binance Issues Statement on ‘False KYC Leak’; CEO Comments

Binance has formally denied that it has lost control of some of its user data as rumors continue to swirl around a possible hack. Hacker ‘Extorting’ Binance In a statement issued August 6, the major cryptocurrency exchange said it was investigating the claims, which revolve…