Binance Argues it Does Not Charge 400 Bitcoin For Listing, CEO Clarifies

Changpeng Zhao, the CEO of Binance, has officially stated that the company does not charge 400 bitcoin ($2.5 million) to list cryptocurrencies on its platform. Legitimacy of the Claim Last week, cryptocurrency researcher Christopher Franko claimed that Binance, the world’s largest digital asset exchange, has been charging cryptocurrencies a listing fee of 400 BTC to

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Binance Unveils Demo of New Decentralized Cryptocurrency Exchange

Binance, the world’s largest cryptocurrency exchange, has unveiled the first demo of its much-anticipated decentralized trading platform, which will serve as a core component of the firm’s future public blockchain. During the brief demo, a Binance engineer demonstrated how to use the platform to issue a new cryptocurrency token and then list it on the

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Bitcoin Price Retreats 2% as Crypto Market Continues Decline, $8 Billion Dropped

In the past 24 hours, the crypto market dropped $8 billion as major digital assets including Bitcoin, Ether, and Bitcoin Cash recorded losses in the range of two to five percent. Bitcoin Cash and Stellar recorded the largest losses amongst the top ten cryptocurrencies, while Ripple and EOS remained relatively stable with a one percent

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Exclusive: Neufund Partners Bitbay to Create Malta’s First Crypto to Fiat Exchange

Malta continues to be the center of attraction for innovative solutions in the crypto space with yet another announcement that promises to provide a solution for cryptocurrency exchanges to provide fiat withdrawal solutions. This time it will be a partnership between the Berlin-based Neufund company and the Polish cryptocurrency exchange Bitbay who have teamed up

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OTC is Much Larger Than Bitcoin Exchange Volume: Where Real Whales Trade

TABB Group, an international research company, has disclosed in its extensive analytical report that the over-the-counter (OTC) market of bitcoin is significantly larger than the global bitcoin exchange market. OTC Versus Exchanges: Whales Against Retail Traders For many years, the majority of bitcoin analysts predicted billions of dollars to be traded on a regular basis

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Cryptocurrency Exchange Binance Buys Ethereum Wallet Service in First-Ever Acquisition

Binance, one of the world’s two largest cryptocurrency exchanges, has just completed its first-ever acquisition. According to TechCrunch, the Malta-based exchange operator acquired Trust Wallet, creator of the eponymous mobile Ethereum wallet that includes support for ether, as well as ERC-20 and ERC-223 tokens. Terms of the deal have not been disclosed, but Binance confirmed

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Bitcoin Drops to $7,800 But Rebounds Instantly to $8,150, Tokens Suffer

On July 31, the price of bitcoin fell by 4 percent, from $8,150 to $7,800, as both major cryptocurrencies and small market cap tokens plummeted in value. Within hours after its 4 percent drop, the price of bitcoin rebounded from $7,800 to $8,150, demonstrating an instantaneous recovery from its relatively large drop. However, other major

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Crypto Market Cap Down to $295 Billion, Short-Term Drop For Bitcoin Price Expected

Over the past 24 hours, the valuation of the crypto market has dropped slightly from $300 billion to $295 billion, as the bitcoin price declined from $8,300 to $8,150. Tokens including Aelf (ELF), Holo (HOT), Zilliqa (ZIL), Binance Coin (BNB), and 0x (ZRX), which performed well against both bitcoin and the U.S. dollar last week,

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Audit Gives Binance-Listed ERC20 Tokens Clean Bill of Health from ‘batchOverflow’ Bug

Smart contract security firm Quantstamp has given Binance-listed ERC20 tokens a clean bill of health after conducting an audit to determine whether any of the exchange’s listed assets were subject to the recently-discovered batchOverflow and proxyOverflow vulnerabilities. Quantstam released its audit report in late April, confirming that no ERC20 token currently listed on Binance — the

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Binance Will Face Tough Competition in South Korea in New Market Expansion

Binance, the world’s largest cryptocurrency exchange, is planning an expansion into South Korea, the third biggest cryptocurrency market behind Japan and the US. South Korea’s Unique Market Structure In South Korea, two major digital asset trading platforms have had dominance over the crypto exchange market for several years. UPbit, an exchange created and developed by

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