Voyager, the crypto lending platform that declared bankruptcy earlier this year, is analysing buy-out offers for its assets from other players in the crypto sector. At present, crypto exchanges Binance and FTX are standing neck-and-neck to outbid each other and bag the worthy remains from Voyager’s business. The price point…
The overall crypto market slipped down ahead of the arrival of Ethereum’s energy-efficient upgrade called the Merge which is expected to arrive today. Bitcoin on Thursday, September 15, opened with a loss of 1.65 percent as per Gadgets 360’s crypto price tracker. The current trading value of BTC stands at…
Binance US, a US-based subsidiary of the world’s largest cryptocurrency exchange, is now offering Ethereum staking with an annual percentage yield (APY) of 6 percent — a figure which is a sizable step above major competitors like Lido and Coinbase which offer 3.5 percent and 3.25 percent APY, respectively. In…
Binance CEO Changpeng Zhao aka CZ has hit back at critics who claim that the platform is “Chinese.” In a blog post, the company chief specifies that the executive team is now dominated primarily by Europeans and Americans, while the broader workforce is more globally dispersed. CZ added, “The inference…
Owing to requests from the law enforcement agencies, Binance crypto exchange froze account access for a Tezos staking rewards auditor named Baking Bad. This corporate account had a sum of $1 million (roughly Rs. 8 crore) in the form of Bitcoin, Ether, Polygon, and Tether. Baking Bad, in a thread…
The crypto community of India finds itself perplexed in the backdrop of an ongoing heated Twitter feud between WazirX co-founder Nischal Shetty and Binance CEO Changpeng Zhao. WazirX, a known name among Indian crypto exchanges, is undergoing a probe from India’s financial watchdog, the Enforcement Directorate (ED), over alleged predatory…
Binance has announced that co-founder Yi He will take over as head of its venture capital investing and incubator arm, Binance Labs. The operation has invested in over 200 projects in the blockchain space, and Binance says it manages assets totaling $7.5 billion (roughly Rs. 59,374 crore), making it one…
Crypto exchange Binance has announced it will trial non-fungible token (NFT) tickets for an Italian football club, Lazio, for the 2022/2023 season. The concept of NFT tickets is expected to provide a solution to the challenges of traditional ticketing by solving inefficiencies like counterfeiting, and scalping among others. It is…
Binance CEO Changpeng Zhao has reportedly filed a defamation case against Bloomberg’s Chinese subsidiary called the Modern Media Company. The crypto mogul has raised a legal objection against a story by the media company titled ‘Changpeng Zhao’s Ponzi Scheme’ by filing this lawsuit. The legal team representing Binance has claimed…
The engineering talent and the emerging Web3 community of India has caught the eye of Binance, one of the largest crypto exchanges in the world. The company’s incubation and venture capital arm called Binance Labs, which is gearing up for the fifth season of its incubation program, is expecting to…
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