Binance | ForkLog

ForkLog 8 13.12.2024

Binance Projects Significant Fund Inflows for 2024

Since the beginning of the year, fund inflows to Binance have reached $21.7 billion—nearly 40% more than the $15.9 billion combined total of the next 10 exchanges in the ranking. This is according to a report from the platform. Source: Binance. Binance’s global customer base has grown to 250 million users. According to CryptoQuant, the […]

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ForkLog 12 11.12.2024

Circle and Binance Collaborate to Promote USDC

Circle and Binance have forged a strategic partnership to expand the global reach of the USDC stablecoin. BREAKING NEWS: Circle and Binance have entered into a strategic partnership that will accelerate global USDC and crypto adoption. The world’s largest exchange and crypto super app and the world’s largest trusted and compliant dollar stablecoin operator are […]

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ForkLog 8 10.12.2024

Binance Removes BRC-20 Token Marketplace from Wallet

Binance has removed the marketplace for trading Bitcoin “inscriptions” from its Web3 wallet, as reported by customer support. December 12, 2024 | 15:41Update: Binance representatives commented on the situation in a conversation with ForkLog: “As part of efforts to optimize offerings and prioritize features with maximum value for users, the migration of the Inscription Marketplace […]

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ForkLog 31 10.12.2024

Binance CEO: Too Soon to Discuss Re-entry into the US Market

Despite the advent of a crypto-friendly administration in the United States, it remains premature to discuss Binance’s return to the country. This was stated by the exchange’s CEO, Richard Teng, during a Bloomberg Television broadcast. “For now, I think it’s too early to talk about returning to the US market. We are currently focusing on […]

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ForkLog 14 05.12.2024

Binance Unveils Bitcoin Staking Backed by Babylon

The cryptocurrency exchange Binance announced the launch of its On-chain Yields financial products. This service enables clients to participate in various protocols and earn rewards in the form of tokens, points, and other types directly through their Binance account. On-chain Yields is available to users directly via their Binance account. The exchange manages the integration […]

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ForkLog 12 02.12.2024

Binance to Conduct MONKY Airdrop for FLOKI and APE Holders

The cryptocurrency exchange Binance will support the distribution of the meme coin Wise Monkey (MONKY) to holders of FLOKI (FLOKI) and ApeCoin (APE). The airdrop will be conducted at a rate of 0.35 MONKY for each 1 FLOKI and 804,828 MONKY per unique account with a balance of at least 1 APE. Snapshot dates: November […]

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ForkLog 35 29.11.2024

Former Binance Employee Accuses Management of Bribery

Amrita Shrivastava, who worked at Binance Holdings from 2022 to 2023, has filed a lawsuit against the company’s UK division, alleging bribery and unfair dismissal. This was reported by Bloomberg. The document states that she became aware of a colleague receiving bribes from a client under the guise of providing consulting services. Since then, the […]

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ForkLog 6 28.11.2024

Gifto Dismisses Allegations of Minting 1.2 Billion Tokens by ZachXBT

On November 27, the developers of the cryptocurrency Gifto (GFT) minted an additional 1.2 billion tokens on the BNB Chain, more than doubling the total supply. This was highlighted by on-chain detective ZachXBT. It was announced that Binance would delist GFT on Nov 26, 2024. A few hours ago the Gifto team minted another 1.2B […]

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ForkLog 113 27.11.2024

Changpeng Zhao Advocates for AI and Blockchain Synergy

Former Binance CEO Changpeng Zhao (CZ) has called for the development of artificial intelligence products utilizing blockchain technology. He believes both fields complement each other well. AI tagging (or AI data in general) is well fitted to be done on-chain. Harness low cost labor globally without geographic bias, (micro) pay them in crypto instantly. @BNBCHAIN […]

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ForkLog 42 26.11.2024

Binance to Launch BFUSD Margin Asset with Passive Income Potential

On November 27, Binance will introduce BFUSD—described as a “reward-bearing margin asset in [USDT].” This asset allows users to earn passive income through holding or trading futures based on it. Introducing BFUSD! Our new reward-bearing asset built for Futures users is available now. BFUSD purchase will open on Nov 27, 2am UTC. Try now ? […]

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ForkLog 26 19.11.2024

Binance Responds to Comparisons Between Upcoming BUFSD and Terra’s UST

The soon-to-be-launched token BUFSD, which promises an annual yield of 19.55%, is not a stablecoin. Representatives from Binance clarified that the asset is a margin product with rewards for futures trading. BFUSD is not yet launched. To be clear, it is not a stablecoin but a reward-bearing margin asset for futures trading. We are glad […]

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ForkLog 35 11.11.2024

Report: 80% of Meme Coins Listed on Binance See Price Surge

Twelve out of fifteen meme coins added to Binance’s trading list have seen significant price increases, according to analyst Ai_9684xtpa. ?‍? Binance 2024 Memecoin Project Overview Since 2024, Binance has listed 15 Memecoin projects (including futures and spot), with 80% of tokens experiencing significant market cap growth after listing on Binance. The increase for $NEIRO […]

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