Binance | ForkLog

ForkLog 21 18.08.2020

Binance reveals P2P platform metrics for the first time

Since its launch in October 2019, the total trading volume on Binance's P2P platform for exchanging digital assets has reached $2.5 billion, ForkLog said citing the exchange's representatives.

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ForkLog 10 11.08.2020

Liechtenstein regulator blocks deal between Binance CEO Changpeng Zhao and Union Bank

The Liechtenstein Financial Market Authority (FMA) rejected Union Bank's bid to sell a large stake in the business to Binance CEO Changpeng Zhao, according to The Block, citing a local publication.

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ForkLog 9 10.08.2020

yEarn Finance token surges above $6,500 after Binance listing

On Monday, August 10, the price of the yEarn Finance DeFi platform token (YFI) rose above $6,500. The catalyst for the move was the asset's listing on Binance.

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ForkLog 10 07.08.2020

The Sandbox, a blockchain gaming platform, to hold a token sale on Binance Launchpad

Binance will conduct a token sale for The Sandbox project on Launchpad. The sale of SAND tokens will begin on 13 August 2020. This is according to the exchange's official website.

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Krzysztof Shpak 2004 21.06.2020

How Binance Hides Its Legal Structure From Users and Regulators

Binance exchange took off in 2017. In a few months’ time, it became one of the leading platforms by trading volume. By now, it’s got a multitude of new services and clients all over the world.

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Krzysztof Shpak 1584 23.05.2020

Binance and Coinbase Accused of Insider Trade (Again)

Binance and Coinbase, two large crypto exchanges, were accused of facilitating insider trade on Twitter by a researcher from The Block and the CEO of Canadian exchange BullBitcoin. Both exchanges recently listed small-time altcoins that saw a significant price increase days before the official announcement.

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Krzysztof Shpak 2882 06.04.2020

Binance Accused of Stealing $1 Million Worth of Assets: Company Denies Everything but Class Action Underway

In November 2018, Binance cryptocurrency exchange blocked an account containing almost $1 million worth of funds. Its owner accuses the site employees of embezzlement. This was initially reported to Forklog by the representatives of HackControl.

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Krzysztof Shpak 421 15.01.2020

Ukraine’s Deputy Minister of Digital Transformation: We Want Ukraine to Join Countries That Develop New Economy

Ukrainian legislators are working on regulations for the crypto-industry. The Verkhovna Rada of Ukraine (the country’s parliament) will hear the tax law amendments that will include the definition of cryptocurrencies. The Ministry of Digital Transformation, which is tasked with the creation of the “state in a smartphone,” is now collaborating with Binance to reach its […]

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Krzysztof Shpak 919 09.01.2020

Hacker’s Loophole: Vulnerabilities That Cause Bitcoin Exchanges to Lose Millions

According to a May study by The Block, 42 large cryptocurrency exchanges have been compromised since 2012, not taking smaller platforms into account. The total amount of stolen funds exceeded $1.35 billion, with about 59% of these funds (795.5 million) being stolen in 2018.

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ForkLog 1904 31.10.2019

Exclusive: CZ Binance on His Wealth, Values, Russia and China

Binance’s founder and CEO Changpeng Zhao, 42, made his way from a small town in China to a Forbes cover and became a shy rockstar of the bitcoin-industry. Widely known as CZ, today he runs one of the biggest crypto exchanges in the world which offers a wide range of services from spot trading to […]

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ForkLog 360 30.05.2019

Bitcoin Briefly Test $9,000 as Binance Reportedly Launches Margin Trading

Following the recent surge past the $8,500 mark, on Thursday, May 30, Bitcoin has hit another milestone for the year, surging past $9,000 on Bitstamp and other major exchanges.

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ForkLog 480 08.05.2019

No Bitcoin Network Re-Org as Binance Falls Victim to $40 Mln Hack

Leading cryptocurrency exchange Binance announced May 7 the discovery of a “large scale security breach” leading to malicious actors being able to access user API keys, two-factor authentication codes and “potentially other info.”

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