Author Archives: Bitcoinist

Crypto Exchange Binance Unveils New Fee Burn Mechanism For LUNC

The mission to keep the value of Terra Classic (LUNC) has been undertaken by the entire community, and Binance has managed to always be at the forefront of this. The proposed 1.2% transaction fee burn was fully supported by the community, which caused the value of the digital asset to surge. Now, Binance has joined[Read more…]

Binance CEO Hits Back At Accusers Crypto Exchange Is A Chinese Company

Binance CEO Changpeng Zhao can only clap back at his accusers that his company is a Chinese “criminal entity.” With approximately 28.6 million members on its platform, the firm is one of the world’s largest crypto exchanges. Since its launch in 2017, it has been a key player in the cryptocurrency industry. In 2020, Binance[Read more…]

Why U.S. Launched Probe Against CEO Of Crypto Exchange Binance

According to a report from Reuters, the CEO and founder of the world’s largest crypto exchange Binance, Changpeng “CZ” Zhao, was under investigation by U.S. federal prosecutors. Launched in 2020 by the Justice Department, authorities in the country were seeking information about the company’s anti-money laundering activity. The federal prosecutors requested the crypto exchange for its collaborate[Read more…]

DeFi Tokens See The Largest Jump As Ethereum Reclaims $1,500

Decentralized finance (DeFi) tokens have always followed the movement of Ethereum closely. This is why whenever the digital asset has been on the rise, the prices of other DeFi tokens have grown rapidly too. This is the case now as the crypto market has entered another recovery trend. Bitcoin has once more settled above $20,000,[Read more…]

Binance Launches Platform For Institutional And VIP Investors

The cryptocurrency exchange Binance is now launching flagship platform for VIP and Institutional users. This flagship platform is called “Binance Institutional”.  This the crypto exchange’s way of upgrading its operations by improving and also enhancing their services by providing institutional offerings. Binance announced through a tweet that the platform has decided to launch this particular[Read more…]

Market Liquidations Cross $1.22 Billion Following Bitcoin’s Decline Below $23,000

It has been a heated start of the week for the crypto community. Crypto exchange Binance temporarily suspended withdrawals on the Bitcoin network. This happened the same day as Celsius halted all withdrawals, raising liquidity concerns. Naturally, many users started to worry about Binance as well. Disclaimer: The following op-ed represents the views of the[Read more…]

Crypto Reacts: Binance Pauses BTC Withdrawals, Is CZ Lying?Crypto Reacts: Binance Pauses BTC Withdrawals, Is CZ Lying?Crypto Reacts: Binance Pauses BTC Withdrawals, Is CZ Lying?

It has been a heated start of the week for the crypto community. Crypto exchange Binance temporarily suspended withdrawals on the Bitcoin network. This happened the same day as Celsius halted all withdrawals, raising liquidity concerns. Naturally, many users started to worry about Binance as well. Disclaimer: The following op-ed represents the views of the[Read more…]

MOVEZ Soars 30x Hours after Listing on OKX

Less than a month after the successful multi-platform IDO on top launching pads like BSCPad, Polypad, GameZone, and MetaVPad, MOVEZ, the governance token of MoveZ, is up 30x on its IDO price and is massively outperforming BTC, ETH, and BNB, according to trackers on June 10, 2022. Listing on Top Centralized Exchanges The MOVEZ token,[Read more…]

Breaking: U.S. SEC Launches Investigation Against Binance Coin (BNB)

Per a Bloomberg report, the U.S. Securities and Exchange Commission launched a probe against crypto exchange Binance’s native token Binance Coin (BNB). The Commission is investigating Binance Holdings Ltd., the report claims, for potentially breaking U.S. securities law. Related Reading | Bitcoin Fees Indicator Shoots Late Bear Market Signal Binance was launched in 2017, and in[Read more…]