The Product Hunt portal which mainly presents new online products and services to customers have recently ranked Binance Academy in the third place for the most popular portals. Apart from that, the Product Hunt portal has also listed the other cryptocurrency related services such as Robinhood trading platform and Earn.com in their recent list.
Binance, Crypto-exchange have announced their plan to delist five digital assets listed in the platform soon. They are: MOD, SALT, SUB, WINGS and CLOAK. Binance has previously shared that they have stricten the reviews for digital asset to be listed in their platform and clearly stated that any coins that don’t meet the criteria will be delisted.
A fundraising channel has been launched by Binance Charity Foundation to aid the Malta national Charity. Binance spear headed donation by giving $100k in cryptocurrency. Its CEO, Changpeng Zhao then explained, “Binance is just doing our part to contribute to people who are in need. Charity is one of those areas where everyone should help out if they can.”
The CEO of Binance, Changpeng Zhao have recently described 2018 as the “correction year” for the cryptocurrencies industry. Zhao remains positive towards the future of cryptocurrency market although it has brought many losses to the traders this year and commented that the downtrend didn’t affect the plan he made for Binance at all and will continue to strive aggressively.
Binance will be launching its own blockchain called as Binance Chain in the coming months. The blockchain would help in the creation of new cryptocurrencies and ICO tokens. The project is believed to support the issuance of tokens at ease. Company’s CEO Changpeng Zhao said that Binance’s business is very stable despite trade volume drop and slump in crypto markets.
Binance is to get an index called Binance ETx to track the performance of 20 most traded coins. The new asset token is developed by Blackmoon, a blockchain fintech company. Blackmoon’s COO Sergey Vasin commented their aim is to help investors get benefits of diversification and automation. It is the first of its kind to enter the crypto space.
Binance has declared its support to the CryptoBonusMiles (CBM) airdrop for the users who possess Aeron (ARN) token on the exchange. The Aeron would be performing the airdrop of CBM in 1:1 ratio. The company has scheduled the conduct of the airdrop in order gain attention towards its CryptoBonucMiles Alpha release which would happen soon.
The Binance has recently announced its plan in terminating the cryptocurrency exchange services for the users in Belarus without disclosing the exact date of the termination. Binance explained that the decision took is to “maintains the right to select its markets and jurisdictions to operate and may restrict or deny its services to certain countries.”
Binance Labs has invested over $3 million in funds in Koi Trading. The OTC trading firm’s CEO and founder, Hao Chen expressed, “With Koi’s robust AML program, extensive banking relations in the US, investments from Binance Labs, We aim to be the market nexus that reduces trust and information asymmetry and improves cryptocurrency OTC deal close rate.”
Binance crypto exchange has extended support to the stablecoin USD (USDC). The exchange declared, “Binance will open trading for USDC/BNB and USDC/BTC trading pairs,” and claimed that the uses would be able to make USDC deposits. Reportedly, the market capitalization of the crypto is valued at $13 million. The platform already supports Tether and TrueUSD, the US-dollar pegged stablecoins.